News headlines about Citigroup (NYSE:C) have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Citigroup earned a media sentiment score of -1.17 on their scale. InfoTrie also gave press coverage about the financial services provider an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Citigroup’s score:
Shares of NYSE:C traded down $0.30 during midday trading on Thursday, hitting $79.80. The company’s stock had a trading volume of 11,617,824 shares, compared to its average volume of 12,723,795. The stock has a market capitalization of $174.44 billion, a price-to-earnings ratio of 9.93, a PEG ratio of 0.79 and a beta of 1.81. The stock’s 50 day simple moving average is $78.80 and its 200 day simple moving average is $72.12. Citigroup Inc has a fifty-two week low of $60.05 and a fifty-two week high of $83.11. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.00 and a current ratio of 1.00.
Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, January 14th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.86 by $0.04. The company had revenue of $18.38 billion for the quarter, compared to the consensus estimate of $17.95 billion. Citigroup had a return on equity of 10.32% and a net margin of 18.75%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $1.64 earnings per share. As a group, analysts anticipate that Citigroup Inc will post 8.65 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 3rd will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Friday, January 31st. Citigroup’s dividend payout ratio is currently 26.91%.
Several research firms have weighed in on C. Credit Suisse Group raised their target price on Citigroup from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Oppenheimer raised their target price on Citigroup from $119.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, January 15th. Morgan Stanley raised their target price on Citigroup from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, January 15th. Goldman Sachs Group raised their target price on Citigroup from $84.00 to $88.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, ValuEngine lowered Citigroup from a “hold” rating to a “sell” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the stock. Citigroup currently has an average rating of “Buy” and an average price target of $89.61.
Citigroup Company Profile
Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
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