Citigroup Inc. (NYSE:C) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Citigroup Inc. (NYSE:C) have been assigned an average rating of “Moderate Buy” from the nineteen brokerages that are covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $125.5625.

C has been the subject of several recent research reports. Bank of America boosted their target price on shares of Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Wolfe Research reaffirmed an “outperform” rating and issued a $141.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. JPMorgan Chase & Co. raised shares of Citigroup from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $107.00 to $124.00 in a research report on Friday, December 12th. Keefe, Bruyette & Woods raised their target price on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, Truist Financial upped their price target on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analysts and screens are bullish: Citigroup was added to Zacks’ list of top income/strong-buy stocks, which can attract yield-seeking flows and bolster sentiment. Best Income Stocks to Buy for January 23rd
• Positive Sentiment: Underlying results remain supportive — Citi’s recent quarterly update showed an EPS beat and analysts have largely dismissed fears of an earnings re‑rating after the company’s Q4 performance, which helps justify current valuations. Analysts Dismiss Re-Rating Fears After Bright Citigroup (C) Earnings Update
• Neutral Sentiment: Citi research notes that a Washington affordability agenda could boost fintechs and related exposures — this is sector-positive for fintech names but is a mixed read for Citi (opportunity for fee revenue vs. policy uncertainty). US fintech stocks could gain as Trump pushes affordability agenda, Citi says
• Negative Sentiment: Layoff plans: Reuters reports Citi will cut more staff in March (after ~1,000 jobs cut this month), likely affecting managing directors and senior employees — raises near‑term execution and morale concerns even as costs fall; investors often react negatively to fresh rounds of cuts that signal tougher revenue outlooks. Exclusive: Citigroup to lay off more employees in March, sources say
• Negative Sentiment: Card pricing pressure/political optics: Reports that Citi is exploring a 10% capped-rate card to respond to political pressure (and CEO comments warning caps would hurt credit access) create uncertainty around future card yields and policy risk — potential margin compression if price caps or similar measures are implemented. Bank of America, Citigroup consider new credit cards with 10% rate, Bloomberg News reports

Citigroup Trading Down 1.7%

NYSE C opened at $113.71 on Monday. Citigroup has a 1-year low of $55.51 and a 1-year high of $124.17. The firm’s fifty day simple moving average is $112.04 and its 200-day simple moving average is $102.01. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $203.46 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18.

Citigroup (NYSE:C) last announced its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the company earned $1.34 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Citigroup will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. Citigroup’s dividend payout ratio is presently 34.43%.

Institutional Trading of Citigroup

Institutional investors and hedge funds have recently modified their holdings of the company. Bridgewater Advisors Inc. raised its holdings in Citigroup by 3.4% in the 4th quarter. Bridgewater Advisors Inc. now owns 9,426 shares of the company’s stock worth $1,073,000 after acquiring an additional 307 shares during the period. Bingham Private Wealth LLC acquired a new stake in shares of Citigroup in the fourth quarter valued at about $847,000. Sunpointe LLC increased its stake in shares of Citigroup by 25.2% in the fourth quarter. Sunpointe LLC now owns 3,737 shares of the company’s stock worth $436,000 after purchasing an additional 752 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Citigroup by 49.5% during the 4th quarter. Farther Finance Advisors LLC now owns 57,392 shares of the company’s stock worth $6,697,000 after purchasing an additional 19,007 shares during the last quarter. Finally, Sage Mountain Advisors LLC lifted its position in shares of Citigroup by 5.3% during the 4th quarter. Sage Mountain Advisors LLC now owns 18,045 shares of the company’s stock worth $2,106,000 after purchasing an additional 904 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.