Swipe fee settlement more likely to hurt card issuers than Visa, Mastercard - analysts
Seeking Alpha News (Wed, 27-Mar 11:36 AM ET)
MS analysts bullish on Money Center Banks with ongoing capital markets rebound
Seeking Alpha News (Tue, 26-Mar 2:09 PM ET)
C Bullish Calendar Call Spread Appears to be a Bargain at 31 Cents
Market Chameleon (Tue, 26-Mar 11:11 AM ET)
Citi's UK chief sees 'selective' hiring starting after its massive overhaul - report
Seeking Alpha News (Tue, 26-Mar 8:13 AM ET)
Swift eyes launch of new CBDC platform in 1-2 years
Seeking Alpha News (Tue, 26-Mar 5:21 AM ET)
Citigroup’s Strategic Simplification and Tech Transformation: A Buy Rating Analysis
TipRanks (Mon, 25-Mar 5:46 AM ET)
Credit card delinquencies dip, net charge-offs rise in muted February pattern
Seeking Alpha News (Sun, 24-Mar 4:13 PM ET)
Newmont's Ghana Gold Mine Sale Targets $2B, Attracts Chinese Giants
Benzinga (Sat, 23-Mar 12:50 PM ET)
C Bullish Calendar Call Spread is Inexpensive at 29 Cents
Market Chameleon (Thu, 21-Mar 9:58 AM ET)
C Bullish Calendar Call Spread Appears to be a Bargain at 31 Cents
Market Chameleon (Wed, 20-Mar 11:30 AM ET)
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Citigroup trades on the NYSE stock market under the symbol C.
As of March 28, 2024, C stock price climbed to $63.24 with 17,449,187 million shares trading.
C has a beta of 1.28, meaning it tends to be more sensitive to market movements. C has a correlation of 0.32 to the broad based SPY ETF.
C has a market cap of $121.12 billion. This is considered a Large Cap stock.
Last quarter Citigroup reported $17 billion in Revenue and $.84 earnings per share. This fell short of revenue expectation by $-1 billion and exceeded earnings estimates by $.05.
In the last 3 years, C stock traded as high as $80.29 and as low as $38.17.
The top ETF exchange traded funds that C belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
C has outperformed the market in the last year with a price return of +45.9% while the SPY ETF gained +33.6%. C has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +23.9% and +9.5%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
C support price is $61.86 and resistance is $63.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that C stock will trade within this expected range on the day.