C - Citigroup Inc.

NYSE - NYSE Delayed Price. Currency in USD
60.33
-0.65 (-1.07%)
At close: 4:00PM EDT
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Previous Close60.98
Open60.98
Bid0.00 x 800
Ask0.00 x 800
Day's Range60.05 - 61.66
52 Week Range48.42 - 75.24
Volume20,899,330
Avg. Volume18,147,983
Market Cap141.202B
Beta (3Y Monthly)1.71
PE Ratio (TTM)9.02
EPS (TTM)6.69
Earnings DateApr 15, 2019
Forward Dividend & Yield1.80 (2.95%)
Ex-Dividend Date2019-02-01
1y Target Est77.15
Trade prices are not sourced from all markets
  • Citi aims to grow Asia wealth management client base by 10 percent in 2019
    Reuters1 hour ago

    Citi aims to grow Asia wealth management client base by 10 percent in 2019

    Citigroup Inc said on Tuesday it planned to grow its Asia Pacific wealth management client base by 10 percent this year, stronger than the 8 percent growth it posted in 2018, as it hires more client advisers and boosts digital offerings. Citi's wealth management business, which is a part of its consumer banking unit, targets clients in Asia Pacific with investible assets of between $100,000 and $10 million in 17 markets. Asia has become the main battleground for global wealth managers, including Credit Suisse, HSBC and Standard Chartered, looking to benefit from surging incomes in countries such as China and India.

  • Were Hedge Funds Right About Citigroup Inc. (C)?
    Insider Monkey12 hours ago

    Were Hedge Funds Right About Citigroup Inc. (C)?

    "Value has performed relatively poorly since the 2017 shift, but we believe challenges to the S&P 500’s dominance are mounting and resulting active opportunities away from the index are growing. At some point, this fault line will break, likely on the back of rising rates, and all investors will be reminded that the best time […]

  • History Says Bet On This Big Bank Bounce
    Schaeffer's Investment Research12 hours ago

    History Says Bet On This Big Bank Bounce

    Analysts have been extremely optimistic toward Citigroup stock

  • Business Wire12 hours ago

    Citi Issues Inaugural Structured Green Bond

    Citi has issued and traded its first structured green bond, distributed by UBS Global Wealth Management. The proceeds will fund green projects in renewable energy, energy efficiency, sustainable transportation, water quality and conservation, and green buildings as defined in Citi’s Green Bond Framework. Citi was a co-founder of the ICMA Green Bond Principles in 2014, and since then has had a key role in the development of the market.

  • JPMorgan and Goldman-backed Tradeweb Markets plans to raise $683 million in IPO
    American City Business Journals14 hours ago

    JPMorgan and Goldman-backed Tradeweb Markets plans to raise $683 million in IPO

    Thomson Reuters and Blackstone first began considering an IPO of the bond-trading platform last year.

  • Bank Stocks Slide on Inverted Yield Curve, Economic Slowdown
    Zacks15 hours ago

    Bank Stocks Slide on Inverted Yield Curve, Economic Slowdown

    Bank stocks perform dismally as a number of issues including an inverted yield curve on increasing fears of economic slowdown and the Federal Reserve's dovish monetary policy shake the markets.

  • PR Newswire15 hours ago

    S&P 500 Q4 2018 Buybacks Set 4th Consecutive Quarterly Record at $223 Billion; 2018 Sets Record $806 Billion

    - Q4 share repurchases increased 62.8% year-over-year to a record $223.0 billion - This is the fourth consecutive quarterly record -- longest streak in the 20 years SPDJI has tracked - Total 2018 buybacks ...

  • Barrons.com16 hours ago

    Dividend Stocks Get Some Help From Lower Bond Yields, For Now

    Interest rates are likely staying in a trading range in the short-term, and that is good news for dividend stocks.

  • InvestorPlace17 hours ago

    Monday’s Vital Data: Bank of America, Citigroup and Apple

    U.S. stock futures are edging lower this morning as equities try to find their footing following Friday's bloodbath. Last week's plunge in long-term bond yields stoked economic slowdown fears. Small-caps, banks and transportation stocks led the decline.Against this backdrop, futures on the Dow Jones Industrial Average are down 0.13% and S&P 500 futures are lower by 0.13%. Nasdaq-100 futures have shed 0.23%.In the options pits, puts scored a rare victory on the popularity front by outpacing calls on the session. The win came even as overall volume levels surged to well above average levels. Specifically, about 23.18 million calls and 23.21 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNaturally, the fear fest sparked a jump in put option trading at the CBOE as well. The single-session equity put/call volume ratio surged to 0.68 -- a three-week high. Meanwhile, the 10-day moving average held its ground near its 2019 low at 0.58.Options traders zeroed in on bank and technology stocks on Friday. Bank of America (NYSE:BAC) plunged after breaking a critical support zone. Citigroup (NYSE: C) dropped 4.6% but was saved from a support breach by the closing bell. Finally, Apple (NASDAQ:AAPL) fell amid widespread profit-taking in the technology sector.Let's take a closer look: Bank of America (BAC)Bank of America was one of the hardest hit companies during Friday's beatdown in the banking industry. The inverted yield curve that has the punditry class all aflutter is to blame for two reasons. First, it hampers banks' profitability by shrinking net interest margins. And second, it warns of a recession on the horizon. * 7 Marijuana Stocks to Play the CBD Trend BAC stock dropped 4.2% and cracked below pivotal short-term support at $28. With its price now submerged beneath all major moving averages, the path of least resistance is officially lower. That means rallies are destined to die and gravity reigns supreme.On the options trading front, calls won the day despite the schoolyard beatdown. Activity swelled to 276% of the average daily volume, with 597,084 total contracts traded. 67% of the tally came from calls.With stock volatility on the rise, option prices expanded, driving implied volatility to 30%. That places it at the 41st percentile of its one-year range. Premiums are now pricing in daily moves of 50 cents, or 1.9%. Citigroup (C)The dismal performance in Citigroup matched Bank of America in dreadfulness with one key difference. While BAC breached significant support, C stock stopped just shy of the cliff. But shareholders shouldn't breathe a sigh of relief just yet. One more well-placed banana peel and Citigroup is likely to join its peer.At best, C stock is likely to remain stuck in its two-month trading range. Buyers should steer clear until it can clear the 200-day moving average near $66. Alternatively, short sellers seeking a trade might consider entering on a break below Friday's low.Drilling down to the options trading details reveals the following. Calls proved more popular than puts despite the day's thrashing. Activity ballooned to 338% of the average daily volume, with 190,571 total contracts traded. 67% of the total fell on the call side of the ledger.Implied volatility ramped to 31%, placing it at the 36th percentile of its one-year range. Premiums are baking in daily moves of $1.19, or 2%. Apple (AAPL)Apple entered Friday having rallied for nine of the last 10 trading sessions. So let's all agree that the bout of profit-taking was well-deserved and needed to re-establish lower risk entries for spectators. Though the volume came in above average, it was still lower than the participation that accompanied Thursday's strong breakout candle.With AAPL stock still well above its rising 20-day and 50-day moving averages, I see little reason to view this as anything other than a garden-variety pullback that will ultimately prove a buying opportunity.The action in AAPL options mirrored that of today's other two mentions. Calls reigned supreme, and activity jumped to 251% of the average daily volume, with 1,149,744 total contracts traded. Calls accounted for 66% of the total.Implied volatility also bumped up to 27%, placing it at the 36th percentile of its one-year range. Premiums are now pricing in daily moves of $3.24, or 1.7%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Monday's Vital Data: Bank of America, Citigroup and Apple appeared first on InvestorPlace.

  • Citigroup Moves Sales Traders to Cover for Ousted Hong Kong Team
    Bloomberg22 hours ago

    Citigroup Moves Sales Traders to Cover for Ousted Hong Kong Team

    Among those moved were Ryan Clendenny, Will Faulkner, Annie Wong, Anthony Levenston and Jensen Feng, according to an internal email sent Sunday by Richard Heyes, Asia-Pacific head of equities. The bank held calls late Friday to reassure clients about the departures, Heyes also said in the email, the contents of which were confirmed by spokesman James Griffiths.

  • Financial Timesyesterday

    [$$] Global stocks hold nerve as slowdown fears wane

    Reassurance came from better than expected business confidence data in Germany, which helped limit losses on Frankfurt’s Xetra Dax 30 to 0.2 per cent. The Europe-wide Stoxx 600 was 0.4 per cent weaker after declining more than 1 per cent on Friday. The US stock market rose modestly, with the S&P 500 up 0.1 per cent overall. “I don’t see a US recession as particularly likely,” said Janet Yellen, former chairman of the Federal Reserve, at the Credit Suisse Asian Investment Conference in Hong Kong.

  • TheStreet.com3 days ago

    Citigroup, Morgan Stanley and Other Banks Roiled as U.S. Yield Curve Inverts

    Ominous economic data from the U.S. Friday caused investors fear over the long-term prospects of the economy, pressuring the country's large-cap bank stocks. Now, the U.S. 3-month and 10-year yields have inverted, with the 10 year hitting 2.429% and the three month hitting 2.455%, as the S&P 500 and Dow Jones Industrial Average have both lost more than 1% Friday. Banks, which derive much of their profit through their net interest margins, or the difference between their borrowing and lending rates, are seeing their stocks fall Friday, as the inverted yield curve makes lending less lucrative and less attractive.

  • Citi fires eight Hong Kong traders after review finds misconduct - sources
    Reuters3 days ago

    Citi fires eight Hong Kong traders after review finds misconduct - sources

    Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said. The action was taken after a review raised concerns related to the accuracy of disclosure to clients by the involved sales traders on some transactions where Citi was acting in a principal capacity, one of the people said. Principal trade refers to a brokerage acting as the counterparty to settle deals with clients, instead of just broking a securities transaction between different parties.

  • Citi fires eight Hong Kong traders after review finds misconduct: sources
    Reuters3 days ago

    Citi fires eight Hong Kong traders after review finds misconduct: sources

    Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said. The action was taken after a review raised concerns related to the accuracy of disclosure to clients by the involved sales traders on some transactions where Citi was acting in a principal capacity, one of the people said. Principal trade refers to a brokerage acting as the counterparty to settle deals with clients, instead of just broking a securities transaction between different parties.

  • Top 10 Checking Accounts for U.S. Expats Living Abroad (COF, SCHW)
    Investopedia3 days ago

    Top 10 Checking Accounts for U.S. Expats Living Abroad (COF, SCHW)

    Discover the 10 best checking accounts for expats, including those that do not charge for debit card transactions and ATM withdrawals.

  • Business Wire3 days ago

    Citi to Delist from Mexican Stock Exchange and Cross-List on the International Quotation System of the Mexican Stock Exchange

    The Board of Directors of Citigroup Inc. has resolved to: apply for the voluntary deregistration of Citigroup’s common stock from the Mexican Securities Registry maintained by the Mexican Banking and Securities Commission , delist such common stock from the Mexican Stock Exchange and simultaneously cross-list such common stock on the International Quotation System of the MSE.

  • Here's Why Shares of Citigroup Were Down Friday
    Motley Fool3 days ago

    Here's Why Shares of Citigroup Were Down Friday

    It was a bad day to announce issues overseas.

  • Bank Stock Roundup: Fed Pauses Rate Hike, JPMorgan & Wells Fargo in Focus
    Zacks4 days ago

    Bank Stock Roundup: Fed Pauses Rate Hike, JPMorgan & Wells Fargo in Focus

    Banking stocks put up a lackluster show during the week after Federal Reserve's decision of no more rate hikes in 2019.

  • MarketWatch4 days ago

    Financial stocks in broad selloff again, as Treasury yields fall

    Financial stocks were broadly lower Friday, with the sector headed for a fourth-straight loss, as the benchmark 10-year Treasury yield dropped to a 15-month low in the wake of the Federal Reserve's downbeat economic outlook and disappointing eurozone data. The SPDR Financial Select Sector ETF shed 1.3%, with 67 of 68 components trading lower, and has not dropped 4.4% over the past four sessions. Among the ETF's most-active components, shares of Bank of America Corp. lost 1.4%, Citigroup Inc. gave up 2.4%, J.P. Morgan Chase & Co. slid 0.9% and Regions Financial Corp. slumped 3.1%. Lower long-term interest rates can hurt bank profits, as the spread between what the banks earn on longer-term assets, such as loans, and what they pay to fund the assets with shorter-term liabilities, narrow. The financial ETF has lost 7.1% over the past 12 months, while the Dow Jones Industrial Average has gained 7.9%.

  • The Zacks Analyst Blog Highlights: Verizon, Goldman Sachs, Kinder Morgan, Citigroup and Stanley Black
    Zacks4 days ago

    The Zacks Analyst Blog Highlights: Verizon, Goldman Sachs, Kinder Morgan, Citigroup and Stanley Black

    The Zacks Analyst Blog Highlights: Verizon, Goldman Sachs, Kinder Morgan, Citigroup and Stanley Black

  • Bloomberg4 days ago

    Citigroup Ousts 8 Traders After Stocks Misconduct Probe

    Philip Shaw, a senior equities executive in Hong Kong, and trader Cindy Lui are among those who have left as a result of the review, the people said, declining to be identified as the details are private. Officials at New York-based Citigroup have been examining whether certain traders properly disclosed the bank’s own financial interest when facilitating stock trades, people familiar with the matter said in January. The scrutiny followed an industry-wide probe last year by the Hong Kong Securities and Futures Commission into whether brokers in the city are providing the best possible prices to their clients when executing trades.

  • Russia Hints at Easing as Ruble Rally Helps Tame Inflation
    Bloomberg4 days ago

    Russia Hints at Easing as Ruble Rally Helps Tame Inflation

    (Bloomberg) -- The Bank of Russia said it may return to easing monetary policy this year after a currency rally and weak consumer demand helped blunt a spike in inflation.

  • Here's What Fed's Dovish Economic Stance Means for Banks
    Zacks4 days ago

    Here's What Fed's Dovish Economic Stance Means for Banks

    The Federal Reserve's abrupt halt in interest rate hikes this year and dovish economic outlook is expected to hurt banks' profitability to some extent.