Zacks Research Weighs in on Citigroup Inc.’s Q1 2026 Earnings (NYSE:C)

Citigroup Inc. (NYSE:C) – Equities researchers at Zacks Research raised their Q1 2026 earnings estimates for Citigroup in a research note issued on Friday, May 3rd. Zacks Research analyst D. Chamria now expects that the company will post earnings per share of $2.16 for the quarter, up from their prior forecast of $2.01. The consensus estimate for Citigroup’s current full-year earnings is $5.98 per share.

C has been the subject of a number of other research reports. Wells Fargo & Company reissued an “overweight” rating and issued a $80.00 price objective on shares of Citigroup in a report on Monday, April 1st. The Goldman Sachs Group restated a “buy” rating on shares of Citigroup in a research report on Monday, April 1st. HSBC upped their price objective on shares of Citigroup from $61.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Morgan Stanley upgraded shares of Citigroup from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from $46.00 to $65.00 in a research report on Tuesday, January 30th. Finally, StockNews.com upgraded shares of Citigroup from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $62.85.

Citigroup Stock Performance

Shares of C stock opened at $61.52 on Monday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $117.83 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 0.92 and a beta of 1.49. Citigroup has a 52 week low of $38.17 and a 52 week high of $63.90. The company has a 50-day simple moving average of $59.70 and a 200 day simple moving average of $52.79.

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

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 6th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $2.12 annualized dividend and a yield of 3.45%. Citigroup’s payout ratio is 62.72%.

Institutional Trading of Citigroup

Institutional investors and hedge funds have recently made changes to their positions in the company. Family Legacy Inc. increased its holdings in Citigroup by 2.9% in the 1st quarter. Family Legacy Inc. now owns 6,330 shares of the company’s stock worth $400,000 after acquiring an additional 179 shares in the last quarter. Accel Wealth Management boosted its stake in Citigroup by 3.9% in the 1st quarter. Accel Wealth Management now owns 4,919 shares of the company’s stock worth $311,000 after purchasing an additional 185 shares during the period. Massachusetts Wealth Management boosted its stake in Citigroup by 0.5% in the 4th quarter. Massachusetts Wealth Management now owns 39,782 shares of the company’s stock worth $2,046,000 after purchasing an additional 192 shares during the period. Founders Capital Management boosted its stake in Citigroup by 12.5% in the 4th quarter. Founders Capital Management now owns 1,800 shares of the company’s stock worth $93,000 after purchasing an additional 200 shares during the period. Finally, Cowa LLC boosted its stake in Citigroup by 3.1% in the 4th quarter. Cowa LLC now owns 6,600 shares of the company’s stock worth $340,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Company Profile

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.