C - Citigroup Inc.

NYSE - NYSE Delayed Price. Currency in USD
68.83
-0.37 (-0.53%)
At close: 4:01PM EDT

68.85 +0.02 (0.03%)
After hours: 7:40PM EDT

Stock chart is not supported by your current browser
Previous Close69.20
Open68.99
Bid68.70 x 1800
Ask68.79 x 1000
Day's Range68.40 - 69.22
52 Week Range48.42 - 75.24
Volume9,154,028
Avg. Volume15,000,425
Market Cap159.169B
Beta (3Y Monthly)1.77
PE Ratio (TTM)10.02
EPS (TTM)6.87
Earnings DateJul 15, 2019
Forward Dividend & Yield1.80 (2.89%)
Ex-Dividend Date2019-05-03
1y Target Est79.12
Trade prices are not sourced from all markets
  • AI integration in the contemporary workforce
    Yahoo Finance Video2 days ago

    AI integration in the contemporary workforce

    PwC Global Workforce Capability Leader Bhushan Sethi joins Yahoo Finance's Adam Shapiro, Julie Hyman, and Direxion Managing Director Sylvia Jablonski to discuss the ways in which technology is integrated into the workforce.

  • Cramer: Banks are doing better than thought and stocks are still cheap
    CNBC Videos6 days ago

    Cramer: Banks are doing better than thought and stocks are still cheap

    Jim Cramer reviews the past week of bank earnings.

  • Earnings Picture Good, Not Great
    Zacks4 hours ago

    Earnings Picture Good, Not Great

    Earnings Picture Good, Not Great

  • Laggers to Leaders: 3 Bank Stocks to Buy the Dip
    Investopedia11 hours ago

    Laggers to Leaders: 3 Bank Stocks to Buy the Dip

    Bank stocks have roared back to life after solid earnings. Discover strategies to buy three of the sector's biggest names.

  • Business Wire11 hours ago

    Citi Appointed as Depositary Bank for Mereo BioPharma’s ADR Programme

    Citi, acting through Citibank N.A., has been appointed by Mereo BioPharma Group plc (“Mereo”) as depositary bank for its American Depositary Receipt (“ADR”) programme following the merger between Mereo and OncoMed Pharmaceuticals, Inc., pursuant to which OncoMed will become a wholly-owned indirect subsidiary of Mereo. Mereo’s ADRs trade on the Nasdaq Global Market under the symbol “MREO.” Each ADR represents five ordinary shares of Mereo.

  • Business Wire13 hours ago

    Citi Releases 2018 Global Citizenship Report

    Citi today released its 2018 Global Citizenship Report, highlighting efforts made in the last year to responsibly provide financial services that enable growth and progress. This report and related summary includes numerous examples of how, through our core business and with the philanthropic efforts of the Citi Foundation, we are helping address complex and pressing issues such as climate change, ...

  • 3 Charts That Suggest Financial Sector Is Headed Higher
    Investopedia13 hours ago

    3 Charts That Suggest Financial Sector Is Headed Higher

    Bullish chart patterns across niche subsectors suggest that the financial sector could be gearing up for a major move higher.

  • Reuters16 hours ago

    Deutsche Bahn asks for expressions of interest in Arriva by May 3

    German railway operator Deutsche Bahn has asked potential suitors of its British unit Arriva to express their interest in the asset by May 3, according to an advertisement published in the Financial Times newspaper on Wednesday. Deutsche Bahn said in the ad that it was working with Citi and Deutsche Bank on the divestiture and that it was open to a sale of all of Arriva to one or multiple parties, adding that a flotation is also an option. The company has come under pressure to plug a funding gap and has said that a sale or listing could help it limit the rise in its debt and give Arriva - which it bought in 2010 - financial leeway for growth.

  • Financial Times23 hours ago

    Australian dollar drops 1% as subdued inflation points to rates cut  

    Australian inflation slowed sharply in the first quarter due to weak petrol and property prices, prompting a sell-off in the dollar and increasing the prospect of interest rate cuts this year.  The disappointing ...

  • How Wall Street Views Alaska Air ahead of Q1 Results
    Market Realistyesterday

    How Wall Street Views Alaska Air ahead of Q1 Results

    These Factors Are Likely to Shape Alaska Air’s Q1 Results(Continued from Prior Part)Analysts lower target priceAnalysts have lowered their target price on Alaska Air Group (ALK) since the company lowered its first-quarter unit revenue outlook on

  • Dubai's Biggest Islamic Bank Weighs Acquiring Local Rival
    Bloombergyesterday

    Dubai's Biggest Islamic Bank Weighs Acquiring Local Rival

    “We’re in the early stages of that analysis,” Chief Executive Officer Adnan Chilwan said on a conference call on Tuesday. “There are a lot of synergies that we can see with an acquisition of Noor and should those synergies work, it would be beneficial” for the shareholders of both banks, he said. Dubai Islamic Bank held preliminary discussions with Noor Bank shareholders, people familiar with the matter said earlier this month.

  • Joseph Jolson’s Harvest Capital Strategies’ Return, AUM, and Holdings
    Insider Monkeyyesterday

    Joseph Jolson’s Harvest Capital Strategies’ Return, AUM, and Holdings

    Harvest Capital Strategies is a San Francisco-based hedge fund that mainly focuses on private equity and venture capital, middle-market lending and on equity hedge funds. It was founded back in 1999, and it operates as a subsidiary of JMP Group Inc. Joseph Jolson, the fund’s CEO, co-founded JMP Group and is its CEO and the […]

  • Business Wire2 days ago

    Citi and ISS Launch High Frequency Connection for Proxymity Voting Platform

    Citi, in collaboration with Institutional Shareholder Services Inc. (ISS), the leading provider of end-to-end responsible investment and governance solutions to the global financial community, have launched a high frequency connection that seamlessly links ProxymitySM , the pioneering digital proxy voting platform developed through Citi's D10XSM program, with ProxyExchange, ISS’ platform, to expedite the delivery of proxy ballot information. Through the connection, for company meetings supported by Proxymity, users of ISS’ research and voting platform, ProxyExchange, can now leverage the Proxymity platform’s proprietary technology and algorithm to benefit from features such as instant meeting notifications and extended voting deadlines, which in some cases will provide up to nine additional days for decision making.

  • Top Forex Brokers Operating Under U.S. Regulations
    Investopedia2 days ago

    Top Forex Brokers Operating Under U.S. Regulations

    On one hand, such a global market offers enormous trading opportunities, but on the other, it is challenging to protect individual traders from any financial irregularities. Thus, regulations were introduced through an established framework that ensures that financial intermediaries, like forex brokers, comply with the necessary rules to offer loss protection and controlled risk exposure to individual traders. Learn more about the basics of forex market regulation in the U.S., as well as the some of the popular forex brokers in the country.

  • Best Bank Rewards Programs for the Wealthy
    Investopedia2 days ago

    Best Bank Rewards Programs for the Wealthy

    Compare perks offered by three large banks to wealthy individuals, including higher payment limits, elimination of fees and travel rewards.

  • Federal Bank Holidays 2019: Is My Bank Open Today?
    Kiplinger2 days ago

    Federal Bank Holidays 2019: Is My Bank Open Today?

    Find out if your bank is likely to be open in 2019 on New Year's Day, MLK Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving or Christmas.

  • Banking Earnings Mixed, ETFs Gain Moderately
    Zacks3 days ago

    Banking Earnings Mixed, ETFs Gain Moderately

    Banking earnings have been pretty mixed so far in the first quarter but the related ETFs have gained in the key reporting spell.

  • TheStreet.com6 days ago

    Bank Earnings: Here's What We Know So Far

    JPMorgan reported adjusted net income of $9.18 billion. Earnings per share of $1.20 handily beat estimates of $1.09. While Citigroup certainly isn't in any trouble, there does seem to be some stagnation.

  • Bank of America Stock Is One Catalyst Away From Moving Higher
    InvestorPlace6 days ago

    Bank of America Stock Is One Catalyst Away From Moving Higher

    Bank of America (NYSE:BAC) dropped and then recovered in Tuesday trading following its earnings announcement. The Charlotte-based banking giant beat earnings estimates, but missed on revenue. This, along with a warning about slowing net interest income, hit BAC stock before it recovered later in the day. * 5 Dividend Stocks Perfect for Retirees Source: Shutterstock However, the quick move to pre-report levels may show underlying confidence in BAC. With a low multiple and double-digit profit growth set to continue, Bank of America stock looks poised for a breakout. BAC Stock Beat on Earnings, Fell Short on RevenueFor the first quarter, BAC reported its 16th consecutive beat on earnings. In Q1, the company earned 70 cents per share, or $7.3 billion. This beat estimates by 5 cents per share and came in ahead of the year-ago level of 62 cents per share. Consumer banking led the way as net income from that division rose 25% to $3 billion. Net income in its Global Wealth and Investment Management division also rose by 14%.However, other divisions saw slower profit growth or, in the case of Global Banking, an outright decline. Also, revenues of $23 billion fell short of the first quarter revenue level of $23.07 billion last year. Analysts had expected $23.3 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe disappointment did not end there. The company also acknowledged that net interest income would rise by only 3% this year. Net interest income increased by 6% in 2018. This news sent BAC stock falling by as much as 2.8% in morning trading. BAC Stock Recovered QuicklyHowever, the fact that the stock ended the day 0.13% higher shows underlying confidence in BAC. Since mid-January, the stock has mostly traded between $28 and $30 per share. The exception occurred in mid-March. BAC stock fell to as low as $26.67 per share when the Fed announced an intention to delay further rate increases for the year. Still, it recovered quickly to the previous range.Traders appear justified in keeping BAC stock at these levels. When looking at the overall picture, little reason exists to sell Bank of America stock. The current price-to-earnings (PE) ratio stands at around 11.5. At this price level, the PE falls to 9.3 on a forward basis. For this valuation, investors buy a company expected to increase profits by 9.5% this year and 10.8% in fiscal 2020.The improvements extend beyond BAC. JPMorgan Chase (NYSE:JPM) and Citigroup (NYSE:C) confirmed the strength of this sector in their recent earnings reports. Wells Fargo (NYSE:WFC) did not perform as well, but it continues to struggle with reputation issues. Goldman Sachs (NYSE:GS), which also offered mixed news in its report, depends more on investment banking. When Will BAC Stock Finally Rise?With BAC stock, the near-term questions involve when a breakout will occur and what will cause it? Since quarterly earnings did not offer a catalyst, predicting when becomes more difficult.If nothing else, rising profits and falling earnings multiples will eventually take BAC stock higher. Moreover, BAC will pay its investors to wait with dividends. BAC has increased its payout for five straight years now. This year's dividend of 60 cents per share yields about 2%. Hence, investors will receive a payout slightly above the current S&P 500 average of 1.85%. Also, if history serves as an indication, investors can expect the dividend to increase over time. Final Thoughts on BAC StockConditions remain in place for BAC stock to move higher. The question hinges on when? As predicted, earnings increased and beat estimates again. Also, despite disappointments in revenue and net interest income, the stock recovered quickly. Still, this leaves BAC stock rangebound and traders with no indication as to when it will break out. * 10 Best Stocks to Buy and Hold Forever Investors can buy now and earn a yield of about 2% on the dividend. Also, even if little else occurs, improving profits will force Bank of America stock to move higher at some point. However, until a catalyst appears, expect payouts and little else from BAC stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Bank of America Stock Is One Catalyst Away From Moving Higher appeared first on InvestorPlace.

  • Texas Capital's (TCBI) Q1 Earnings Beat on Higher Revenues
    Zacks6 days ago

    Texas Capital's (TCBI) Q1 Earnings Beat on Higher Revenues

    Though Texas Capital Bancshares' (TCBI) Q1 performance reflects increase in revenues, as well as robust loan and deposit growth, higher expenses remain a concern.

  • Health Care Tanks on Medicare-for-All Worries
    Investopedia6 days ago

    Health Care Tanks on Medicare-for-All Worries

    Health care concerns could be oversold, and while consumers look good for banks, the yield curve remains a problem.

  • Business Wire7 days ago

    Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

    The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.45 per share, payable on May 24, 2019 to stockholders of record on May 6, 2019.

  • TheStreet.com7 days ago

    Citigroup Dominates Wall Street With Least-Bad Results Amid Trading Slump

    Trading of stocks, bonds, currencies and commodities is a volatile and tricky business, and Wall Street pros have to navigate markets by catering to client needs while also predicting the direction of prices. , the trading business is a major source of revenue that often represents the biggest and most unpredictable swing factor in each quarter's earnings.

  • Morgan Stanley (MS) Q1 Earnings & Revenues Beat, Stock Up
    Zacks7 days ago

    Morgan Stanley (MS) Q1 Earnings & Revenues Beat, Stock Up

    Amid slump in investment banking and trading, Morgan Stanley's (MS) Q1 earnings beat estimates driven by loan growth and lower expenses.

  • Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo
    Zacks7 days ago

    Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo

    Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo