JPMorgan Chase & Co. Issues Positive Forecast for Citigroup (NYSE:C) Stock Price

Citigroup (NYSE:C) had its price objective boosted by JPMorgan Chase & Co. from $147.00 to $148.50 in a research note published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts also recently issued reports about the stock. Bank of America increased their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Argus set a $150.00 target price on shares of Citigroup in a research report on Wednesday, July 15th. Evercore set a $135.00 target price on shares of Citigroup in a research note on Wednesday, October 14th. TD Cowen reduced their price target on shares of Citigroup from $150.00 to $148.00 and set a “buy” rating for the company in a research report on Wednesday, October 14th. Finally, Truist Financial decreased their price target on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $150.87.

Citigroup Trading Down 2.5%

Shares of C stock opened at $122.62 on Friday. Citigroup has a 1-year low of $95.83 and a 1-year high of $147.96. The company has a market cap of $209.14 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 0.55 and a beta of 1.13. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.00 and a quick ratio of 0.99. The stock has a 50 day simple moving average of $130.02 and a 200-day simple moving average of $126.44.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.19. The firm had revenue of $23.84 billion for the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. On average, equities research analysts expect that Citigroup will post 11.44 EPS for the current fiscal year.

Citigroup Announces Dividend

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

Institutional Investors Weigh In On Citigroup

Several institutional investors and hedge funds have recently added to or reduced their stakes in C. State Street Corp lifted its holdings in shares of Citigroup by 3.7% during the second 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 during the period. Bank of New York Mellon Corp acquired a new position in Citigroup in the 2nd quarter valued at $3,244,602,000. Bank of America Corp DE raised its position in Citigroup by 2.8% during the 1st quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock worth $3,047,215,000 after buying an additional 728,043 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Citigroup by 10.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,467,857 shares of the company’s stock valued at $1,745,001,000 after acquiring an additional 1,210,006 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Citigroup by 3.2% in the first quarter. Amundi now owns 12,126,823 shares of the company’s stock valued at $1,375,303,000 after acquiring an additional 374,840 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Debt redemption may improve funding flexibility. Citibank, N.A., Citigroup’s principal banking subsidiary, announced the full redemption of $2 billion of 5.488% notes due 2026 and $500 million of floating-rate notes due 2026. Retiring the obligations could reduce future interest expense and refinancing needs, although it also uses $2.5 billion of cash. Citibank Announces $2 Billion Redemption of Notes
• Positive Sentiment: Recent operating trends remain supportive. Citigroup’s latest reported quarter exceeded consensus estimates on earnings and revenue, while management raised its 2026 return-on-tangible-common-equity target above 11%, improved its net-interest-income outlook, increased the dividend and authorized a new $30 billion buyback. These measures provide potential support for earnings per share and shareholder returns. Citigroup Could Be Undervalued
• Neutral Sentiment: Options activity signals volatility, not direction. Recent options-market activity indicates traders are positioning for a potentially large move in C stock, but the available report does not establish whether investors are predominantly bullish or bearish. Options Traders Betting on a Big Move in Citigroup Stock
• Negative Sentiment: Technical weakness is offsetting the fundamental positives. Shares remain below both their 50-day and 200-day moving averages after a recent pullback. That positioning can encourage short-term selling and profit-taking, particularly while investors await a clearer catalyst beyond the buyback, dividend and guidance upgrades.

Citigroup Company Profile

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.