Citigroup FY2026 EPS Estimate Increased by Erste Group Bank

Citigroup Inc. (NYSE:C) – Equities researchers at Erste Group Bank increased their FY2026 earnings estimates for Citigroup in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $11.00 for the year, up from their previous estimate of $10.86. The consensus estimate for Citigroup’s current full-year earnings is $11.15 per share. Erste Group Bank also issued estimates for Citigroup’s FY2027 earnings at $12.74 EPS.

C has been the topic of several other reports. UBS Group upped their price target on Citigroup from $134.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Piper Sandler restated an “overweight” rating and issued a $145.00 price target (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday. Bank of America boosted their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $145.67.

Citigroup Trading Down 1.7%

NYSE:C opened at $129.46 on Friday. The company has a market cap of $220.81 billion, a PE ratio of 13.98, a P/E/G ratio of 0.59 and a beta of 1.11. The business’s 50 day moving average is $134.34 and its two-hundred day moving average is $123.33. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup has a 52 week low of $87.94 and a 52 week high of $147.96.

Citigroup (NYSE:C) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same period in the previous year, the company earned $1.96 earnings per share. Citigroup’s quarterly revenue was up 14.5% on a year-over-year basis.

Citigroup announced that its Board of Directors has authorized a stock repurchase plan on Thursday, May 7th that allows the company to buyback $30.00 billion in outstanding shares. This buyback authorization allows the company to buy up to 13.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director directly owned 12,194 shares in the company, valued at approximately $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.11% of the stock is owned by corporate insiders.

Institutional Trading of Citigroup

A number of large investors have recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new stake in shares of Citigroup in the first quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Citigroup during the fourth quarter worth approximately $25,000. Richards Merrill & Peterson Inc. bought a new position in Citigroup in the 4th quarter worth approximately $28,000. TD Capital Management LLC bought a new position in Citigroup in the 4th quarter worth approximately $28,000. Finally, IMG Wealth Management Inc. increased its position in Citigroup by 197.6% in the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after acquiring an additional 162 shares during the period. 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: Citigroup was added to Zacks’ Rank #1 (Strong Buy) list, signaling improving earnings momentum and potentially attracting more near-term buying. New Strong Buy Stocks for July 17th
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Citigroup, reinforcing the view that profits may continue trending higher. Citigroup stock page / analyst estimate update
• Positive Sentiment: Market commentary highlighted Citigroup as one of the standouts in early Q2 bank earnings, alongside peers that beat expectations, which supports the broader bullish case for the shares. Q2 Earnings: 2 Winners and 1 Loser So Far
• Positive Sentiment: Citigroup’s Q2 results beat estimates, with revenue and EPS both coming in above Wall Street forecasts, keeping investor sentiment constructive after the earnings release. Citigroup earnings data
• Neutral Sentiment: Citigroup announced a full redemption of its Series T preferred stock, which is a capital-structure change but not a major operating catalyst by itself. Citigroup Announces Full Redemption of Series T Preferred Stock
• Neutral Sentiment: Several brokerage and market items reiterated or discussed Citigroup’s valuation and relative attractiveness versus peers, adding context but not introducing a major new surprise. Citigroup vs. Wells Fargo: Which Bank Stock Looks Attractive Post Q2 Results?

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.