Seaport Res Ptn Comments on Citigroup Inc.’s Q1 2025 Earnings (NYSE:C)

Citigroup Inc. (NYSE:C) – Equities researchers at Seaport Res Ptn cut their Q1 2025 earnings estimates for shares of Citigroup in a research report issued on Saturday, April 13th. Seaport Res Ptn analyst J. Mitchell now expects that the company will earn $2.02 per share for the quarter, down from their prior estimate of $2.07. The consensus estimate for Citigroup’s current full-year earnings is $5.73 per share. Seaport Res Ptn also issued estimates for Citigroup’s Q2 2025 earnings at $1.93 EPS.

A number of other research firms have also recently weighed in on C. StockNews.com raised shares of Citigroup from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. HSBC upped their price objective on shares of Citigroup from $61.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Wolfe Research raised shares of Citigroup from a “peer perform” rating to an “outperform” rating and set a $58.00 price objective for the company in a research report on Wednesday, January 3rd. Piper Sandler upped their price objective on shares of Citigroup from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Daiwa Capital Markets raised shares of Citigroup from a “neutral” rating to a “buy” rating and set a $63.00 price objective for the company in a research report on Monday, December 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.91.

Citigroup Stock Down 1.9 %

Shares of Citigroup stock opened at $58.56 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.50. The company has a fifty day moving average price of $57.99 and a 200 day moving average price of $50.81. The stock has a market cap of $112.15 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52. Citigroup has a twelve month low of $38.17 and a twelve month high of $63.90.

Citigroup (NYSE:C) last announced its quarterly earnings results on Friday, April 12th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.29. Citigroup had a net margin of 4.90% and a return on equity of 6.17%. The firm had revenue of $21.10 billion during the quarter, compared to analysts’ expectations of $20.46 billion. During the same period in the prior year, the company earned $1.86 EPS. The firm’s revenue was down 1.6% on a year-over-year basis.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 6th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $2.12 annualized dividend and a yield of 3.62%. Citigroup’s dividend payout ratio (DPR) is 62.72%.

Institutional Investors Weigh In On Citigroup

Several institutional investors and hedge funds have recently bought and sold shares of the business. Massachusetts Wealth Management raised its stake in Citigroup by 0.5% during the fourth quarter. Massachusetts Wealth Management now owns 39,782 shares of the company’s stock worth $2,046,000 after acquiring an additional 192 shares during the period. Founders Capital Management raised its stake in Citigroup by 12.5% during the fourth quarter. Founders Capital Management now owns 1,800 shares of the company’s stock worth $93,000 after acquiring an additional 200 shares during the period. Cowa LLC raised its stake in Citigroup by 3.1% during the fourth quarter. Cowa LLC now owns 6,600 shares of the company’s stock worth $340,000 after acquiring an additional 200 shares during the period. Kornitzer Capital Management Inc. KS raised its stake in Citigroup by 0.8% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 24,630 shares of the company’s stock worth $1,267,000 after acquiring an additional 200 shares during the period. Finally, Rossmore Private Capital raised its stake in Citigroup by 1.5% during the fourth quarter. Rossmore Private Capital now owns 13,800 shares of the company’s stock worth $710,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

About Citigroup

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.