Citigroup Inc. (C) – What Are Analysts Thinking About This Stock?

Citigroup Inc. (NYSE:C) has received an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $150.79.

Several research analysts have recently issued reports on C shares. Truist Financial decreased their price objective on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Wall Street Zen downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. reduced their price objective on shares of Citigroup from $149.00 to $147.00 and set an “overweight” rating for the company in a research report on Friday, October 2nd. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a report on Wednesday, October 14th.

Citigroup Price Performance

Shares of Citigroup stock opened at $122.71 on Wednesday. The business has a 50-day moving average of $130.58 and a 200-day moving average of $126.38. Citigroup has a 1-year low of $95.83 and a 1-year high of $147.96. The company has a market capitalization of $209.29 billion, a PE ratio of 11.97 and a beta of 1.13.

Citigroup (NYSE:C) last released its earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.19. The company had revenue of $23.84 billion during the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the previous year, the firm posted $1.86 EPS. Citigroup’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, equities analysts expect that Citigroup will post 11.44 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 2nd will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, November 2nd. Citigroup’s dividend payout ratio (DPR) is 26.15%.

Institutional Investors Weigh In On Citigroup

Several hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in Citigroup during the second quarter valued at $3,244,602,000. Nykredit A S purchased a new stake in shares of Citigroup during the 2nd quarter worth about $458,275,000. State Street Corp raised its stake in shares of Citigroup by 3.7% during the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock worth $11,199,986,000 after purchasing an additional 2,913,701 shares in the last quarter. SEB Asset Management AB purchased a new stake in shares of Citigroup during the 1st quarter worth about $252,972,000. Finally, OMERS ADMINISTRATION Corp lifted its holdings in shares of Citigroup by 1,137.1% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 1,840,374 shares of the company’s stock valued at $257,579,000 after buying an additional 1,691,611 shares during the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Higher 2026 profitability target: Citigroup raised its 2026 return on tangible common equity outlook to above 11%, citing solid revenue growth, improving efficiency and progress in its multiyear transformation. The upgrade reinforces the turnaround thesis and may support higher earnings estimates. Citigroup Lifts 2026 RoTCE Outlook
• Positive Sentiment: China securities expansion: Citigroup received approval from China’s securities regulator to establish a wholly owned onshore securities business. The unit is expected to offer brokerage, underwriting, research and principal-trading services, creating longer-term growth opportunities in China’s capital markets. Citigroup Enters China’s Securities Market
• Positive Sentiment: Card partnership enhanced: Citi and American Airlines announced additional rewards and travel benefits for two AAdvantage credit cards. The changes could improve customer engagement and card spending, although the financial impact is likely gradual. American Airlines and Citi Enhance AAdvantage Cards
• Neutral Sentiment: Retail banking strategy: Citi launched Premium Boost, offering higher savings rates to customers who deepen their relationship with the bank. The program may help attract deposits and cross-sell products, but higher funding costs could weigh on margins. Citi Raises Savings Rates
• Neutral Sentiment: Other reported activity: Citigroup disclosed that its voting interest in Solvay fell below 3%. This appears to be a routine investment disclosure with little direct effect on Citigroup’s earnings or valuation. Citigroup Cuts Stake in Solvay

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and operates under the Citi brand. The company provides banking, lending, investment, wealth management and other financial services to individuals, businesses, institutions and governments.

Citi’s consumer offerings include checking and savings accounts, credit cards, mortgages, personal lending and wealth management services. Through its institutional businesses, the company provides investment banking, commercial banking, securities brokerage, markets and trading, cash management, trade finance and custody services.