News stories about Citigroup (NYSE:C) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citigroup earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.0384972341859 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently commented on C shares. Wells Fargo & Co reiterated a “buy” rating on shares of Citigroup in a report on Monday, October 2nd. Royal Bank of Canada restated a “buy” rating and issued a $75.00 target price on shares of Citigroup in a research note on Wednesday, September 27th. Credit Suisse Group restated a “buy” rating and issued a $83.00 target price (up previously from $73.00) on shares of Citigroup in a research note on Monday, October 9th. They noted that the move was a valuation call. Nomura raised their target price on Citigroup from $80.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Finally, BidaskClub lowered Citigroup from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Citigroup presently has an average rating of “Buy” and a consensus price target of $79.30.

Citigroup (C) traded up $0.29 during midday trading on Monday, hitting $78.59. The company’s stock had a trading volume of 11,555,510 shares, compared to its average volume of 16,520,000. The stock has a market cap of $207,790.00, a price-to-earnings ratio of 14.16, a P/E/G ratio of 1.49 and a beta of 1.56. Citigroup has a twelve month low of $55.23 and a twelve month high of $78.90. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.01 and a quick ratio of 1.01.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.09. The business had revenue of $17.26 billion during the quarter, compared to analyst estimates of $17.23 billion. Citigroup had a positive return on equity of 7.60% and a negative net margin of 7.05%. The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $1.14 EPS. sell-side analysts expect that Citigroup will post 6.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 5th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.63%. Citigroup’s payout ratio is currently 23.06%.

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Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

Insider Buying and Selling by Quarter for Citigroup (NYSE:C)

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