Citigroup (NYSE:C) Sets New 1-Year High – Here’s Why

Citigroup Inc. (NYSE:C)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $123.04 and last traded at $123.1750, with a volume of 2619200 shares changing hands. The stock had previously closed at $118.70.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi was appointed joint lead for a large $1.4 billion IPO for India’s top asset manager — a fee‑generating mandate that boosts Citi’s investment‑banking pipeline in a fast‑growing market. India’s Top Asset Manager Taps Citi, HSBC for $1.4 Billion IPO — Bloomberg
• Positive Sentiment: Citi topped India’s 2025 M&A advisory league table, signaling continued strength in Asia fees where banks have been expanding market share — a positive indicator for recurring advisory revenue. Citigroup tops India’s 2025 M&A advisory league table
• Positive Sentiment: Recent operating/valuation context is supportive: Citigroup’s last reported quarter beat EPS and revenue expectations and the stock’s valuation metrics (moderate P/E, low PEG) make positive surprises on fees and margins more impactful for the share price.
• Neutral Sentiment: Multiple global macro and sector stories (e.g., evolving U.S. policy on crypto services, shifting tech/AI narratives) could influence capital markets activity and transaction volumes — ambiguous near‑term effect on Citi’s trading and investment‑banking revenue. PWC Leans Into Cryptocurrency After Trump‑era Policy Shift
• Negative Sentiment: Heightened geopolitical risk (recent violent developments in Venezuela and broader market reactions) can tighten risk premia and reduce deal activity or loan demand, which would be a headwind for Citi’s markets and advisory businesses if volatility persists. Cuba says 32 citizens killed in U.S. raid to arrest Venezuela’s Maduro — CNBC

Analyst Ratings Changes

A number of equities research analysts recently weighed in on C shares. Oppenheimer lowered their price target on Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a report on Wednesday, October 8th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $118.00 price target on shares of Citigroup in a research note on Tuesday, October 14th. UBS Group reiterated a “neutral” rating and issued a $108.00 price objective on shares of Citigroup in a research report on Monday, November 24th. Finally, Barclays increased their price objective on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Citigroup has an average rating of “Moderate Buy” and an average target price of $118.75.

Citigroup Trading Up 4.4%

The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $221.81 billion, a price-to-earnings ratio of 17.39, a P/E/G ratio of 0.47 and a beta of 1.18. The business has a fifty day moving average price of $107.04 and a 200 day moving average price of $98.71.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The business had revenue of $22.09 billion for the quarter, compared to analyst estimates of $20.92 billion. During the same period in the previous year, the company posted $1.51 EPS. The company’s revenue was up 9.3% compared to the same quarter last year. As a group, equities analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were issued a dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. Citigroup’s payout ratio is presently 33.71%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of C. Brighton Jones LLC lifted its position in Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after acquiring an additional 12,499 shares in the last quarter. Ancora Advisors LLC grew its holdings in Citigroup by 74.6% during the 1st quarter. Ancora Advisors LLC now owns 2,292 shares of the company’s stock valued at $163,000 after purchasing an additional 979 shares in the last quarter. Hancock Whitney Corp boosted its position in Citigroup by 12.8% in the 1st quarter. Hancock Whitney Corp now owns 6,024 shares of the company’s stock valued at $428,000 after buying an additional 683 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Citigroup by 4.7% during the first quarter. NewEdge Advisors LLC now owns 130,167 shares of the company’s stock valued at $9,241,000 after acquiring an additional 5,831 shares in the last quarter. Finally, Plancorp LLC acquired a new stake in shares of Citigroup during the first quarter valued at about $223,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

About Citigroup

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.