Citigroup’s (C) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Citigroup (NYSE:C) in a research report released on Thursday,Benzinga reports. They currently have a $121.00 price target on the stock.

A number of other brokerages also recently issued reports on C. JPMorgan Chase & Co. raised shares of Citigroup from a “neutral” rating to an “overweight” rating and raised their price target for the company from $107.00 to $124.00 in a report on Friday, December 12th. HSBC restated a “buy” rating and set a $87.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods lifted their target price on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Wells Fargo & Company set a $150.00 price target on Citigroup in a report on Monday, January 5th. Finally, The Goldman Sachs Group raised their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average target price of $124.65.

Citigroup Stock Up 0.6%

Citigroup stock opened at $118.21 on Thursday. Citigroup has a 12 month low of $55.51 and a 12 month high of $124.17. The stock has a fifty day simple moving average of $110.67 and a two-hundred day simple moving average of $101.17. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. The firm has a market cap of $211.51 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 0.45 and a beta of 1.18.

Citigroup (NYSE:C) last released its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period last year, the firm posted $1.34 earnings per share. Citigroup’s revenue was up 2.1% compared to the same quarter last year. Equities analysts predict that Citigroup will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Institutional Investors Weigh In On Citigroup

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after buying an additional 12,499 shares in the last quarter. Balefire LLC boosted its position in shares of Citigroup by 40.6% during the second quarter. Balefire LLC now owns 7,850 shares of the company’s stock worth $668,000 after acquiring an additional 2,268 shares during the last quarter. Baron Wealth Management LLC purchased a new position in Citigroup during the second quarter valued at $280,000. Sunpointe LLC purchased a new position in Citigroup during the second quarter valued at $251,000. Finally, Sivia Capital Partners LLC increased its holdings in Citigroup by 20.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock valued at $835,000 after acquiring an additional 1,669 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 EPS beat and dealmaking strength — Citi reported $1.81 EPS vs. $1.65 expected and management highlighted a rebound in investment banking and corporate client fees, which supports earnings momentum and valuation re-ratings. Citigroup profit beats estimates as dealmaking rebounds
• Positive Sentiment: Analyst support and price-target lifts — Several firms refreshed views after the quarter (Wolfe Research cited constructive subsector outlook; RBC reaffirmed an outperform). That analyst activity can provide near-term buy-side support. Wolfe Research Raises Citigroup PT RBC Reaffirms Outperform (Benzinga)
• Neutral Sentiment: Unusual options activity — Large call buying was observed (≈108,979 calls, ~34% above average). That’s a bullish short-term signal but could reflect hedging or speculative flow rather than firm fundamental conviction.
• Negative Sentiment: Revenue miss and one‑time Russia loss — Revenue missed Street estimates and reported profit was pulled down by a Russia‑unit sale; the WSJ noted the profit drop tied to that divestiture, which tempers the headline EPS beat. Citigroup’s Fourth Quarter Profit Drops After Russia Sale (WSJ)
• Negative Sentiment: Cost cuts and restructuring risk — CEO Jane Fraser signaled more job cuts and the firm is executing layoffs (1,000 announced this week; a broader plan targets many more), which could weigh on near‑term morale, execution risk and transition costs. Citigroup CEO Signals More Job Cuts (TipRanks)
• Negative Sentiment: Credit-card exposure and regulatory/sector headwinds — Commentaries flagged Citi’s consumer/credit-card exposures as a vulnerability and the broader bank sector saw selling after earnings amid valuation scrutiny and political talk of credit-rate caps, creating an ongoing overhang. Record earnings overshadowed by credit-card exposure (TipRanks) Bank Stocks Get Punished After Earnings (MarketBeat)

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.