Seaport Res Ptn Analysts Lower Earnings Estimates for Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) – Stock analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share (EPS) estimates for shares of Citigroup in a research note issued on Saturday, April 13th. Seaport Res Ptn analyst J. Mitchell now expects that the company will post earnings per share of $2.02 for the quarter, down from their previous forecast of $2.07. The consensus estimate for Citigroup’s current full-year earnings is $5.73 per share. Seaport Res Ptn also issued estimates for Citigroup’s Q2 2025 earnings at $1.93 EPS.

Other equities analysts have also recently issued research reports about the company. Barclays lifted their price target on Citigroup from $59.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 2nd. Evercore ISI lifted their price target on Citigroup from $58.00 to $60.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th. Jefferies Financial Group lifted their price target on Citigroup from $56.00 to $65.00 and gave the stock a “hold” rating in a report on Monday, April 8th. Morgan Stanley upgraded Citigroup from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $46.00 to $65.00 in a report on Tuesday, January 30th. Finally, Societe Generale cut Citigroup from a “hold” rating to a “sell” rating in a report on Monday, January 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.91.

Citigroup Price Performance

NYSE:C opened at $56.98 on Tuesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.95 and a current ratio of 0.95. The stock’s 50-day simple moving average is $58.04 and its 200 day simple moving average is $50.93. The company has a market cap of $109.13 billion, a P/E ratio of 16.86, a P/E/G ratio of 0.93 and a beta of 1.52. Citigroup has a 52-week low of $38.17 and a 52-week high of $63.90.

Citigroup (NYSE:C) last released its earnings results on Friday, April 12th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.29. The business had revenue of $21.10 billion for the quarter, compared to the consensus estimate of $20.46 billion. Citigroup had a return on equity of 6.17% and a net margin of 4.90%. Citigroup’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.86 earnings per share.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 6th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $2.12 annualized dividend and a dividend yield of 3.72%. Citigroup’s dividend payout ratio (DPR) is presently 62.72%.

Institutional Trading of Citigroup

Several institutional investors have recently modified their holdings of C. Carmel Capital Partners LLC bought a new stake in shares of Citigroup in the third quarter worth $25,000. Orion Capital Management LLC bought a new stake in Citigroup during the fourth quarter valued at $26,000. GHP Investment Advisors Inc. boosted its position in Citigroup by 73.8% during the third quarter. GHP Investment Advisors Inc. now owns 683 shares of the company’s stock valued at $28,000 after acquiring an additional 290 shares during the last quarter. SkyView Investment Advisors LLC bought a new stake in Citigroup during the first quarter valued at $28,000. Finally, AlphaMark Advisors LLC boosted its position in Citigroup by 75.0% during the third quarter. AlphaMark Advisors LLC now owns 700 shares of the company’s stock valued at $29,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

About Citigroup

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.