Citigroup Inc. Forecasted to Earn Q1 2025 Earnings of $2.02 Per Share (NYSE:C)

Citigroup Inc. (NYSE:C) – Analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share estimates for Citigroup in a research report issued on Saturday, April 13th. Seaport Res Ptn analyst J. Mitchell now expects that the company will post earnings of $2.02 per share 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.

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

C has been the topic of a number of other research reports. Evercore ISI upped their target price on Citigroup from $58.00 to $60.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. HSBC upped their price target on Citigroup from $61.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Barclays upped their target price on Citigroup from $59.00 to $63.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. StockNews.com raised Citigroup from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. Finally, Keefe, Bruyette & Woods increased their price target on Citigroup from $54.00 to $66.00 and gave the stock a “market perform” rating in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $62.91.

Citigroup Trading Up 2.0 %

Shares of NYSE C opened at $58.17 on Tuesday. The stock has a market capitalization of $111.41 billion, a P/E ratio of 17.21, a PEG ratio of 0.92 and a beta of 1.52. The business’s 50 day moving average is $58.11 and its two-hundred day moving average is $50.98. Citigroup has a 1-year low of $38.17 and a 1-year high of $63.90. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.95 and a quick ratio of 0.95.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 6th will be given a $0.53 dividend. The ex-dividend date is Friday, May 3rd. This represents a $2.12 annualized dividend and a yield of 3.64%. Citigroup’s dividend payout ratio is presently 62.72%.

Institutional Investors Weigh In On Citigroup

Several institutional investors have recently modified their holdings of C. Snider Financial Group lifted its position in Citigroup by 96,645.9% in the first quarter. Snider Financial Group now owns 84,494,926 shares of the company’s stock valued at $4,512,000 after acquiring an additional 84,407,589 shares during the last quarter. Geode Capital Management LLC raised its holdings in Citigroup by 1.5% during the first quarter. Geode Capital Management LLC now owns 35,179,006 shares of the company’s stock worth $1,646,775,000 after purchasing an additional 519,202 shares in the last quarter. Morgan Stanley increased its holdings in Citigroup by 2.6% in the fourth quarter. Morgan Stanley now owns 25,852,678 shares of the company’s stock valued at $1,169,317,000 after buying an additional 666,560 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Citigroup by 8.0% in the fourth quarter. Fisher Asset Management LLC now owns 24,755,277 shares of the company’s stock valued at $1,273,411,000 after buying an additional 1,836,283 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in Citigroup by 1.2% in the third quarter. Northern Trust Corp now owns 20,051,311 shares of the company’s stock valued at $824,710,000 after buying an additional 232,652 shares in the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

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.