25-Jun-2024
Barclays Sticks to Their Hold Rating for Citigroup (C)
TipRanks (Wed, 26-Jun 3:15 AM ET)
Federal Reserve's bank stress tests will be key to bank stock buybacks
Seeking Alpha News (Tue, 25-Jun 2:11 PM ET)
Federal Reserve floats revised Basel III endgame rule for bank capital - report
Seeking Alpha News (Mon, 24-Jun 3:42 PM ET)
Hold Rating on Citigroup Amidst Derivatives Unwinding and Regulatory Challenges
TipRanks (Mon, 24-Jun 7:06 AM ET)
Top U.S. regulators find shortcomings in living wills of JPMorgan, BofA, Goldman, Citi
Seeking Alpha News (Fri, 21-Jun 12:42 PM ET)
Citigroup's 'living will' plan rebuffed by top U.S. banking regulator - report
Seeking Alpha News (Fri, 21-Jun 10:29 AM ET)
Citigroup (C) Faced a Regulatory Setback
TipRanks (Fri, 21-Jun 3:33 AM ET)
Business Wire (Wed, 12-Jun 6:30 AM ET)
C Bearish Calendar Put Spread Looks Cheap at 26 Cents
Market Chameleon (Tue, 11-Jun 9:53 AM ET)
Citi Launches Citi Real-Time Funding for Corporate Clients, Expanding Its Real-Time Treasury Suite
Business Wire (Mon, 10-Jun 8:00 AM ET)
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. 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 June 25, 2024, C stock price climbed to $61.58 with 9,874,987 million shares trading.
C has a beta of 1.18, 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 $117.46 billion. This is considered a Large Cap stock.
Last quarter Citigroup reported $21 billion in Revenue and $1.58 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.47.
In the last 3 years, C stock traded as high as $74.64 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 return of +38.4%, while the SPY ETF gained +27.3%. However, in the most recent history, C shares have underperformed the stock market with its stock returning +2.1% in the last 3 month period and +0.2% for the last 2 week period, while SPY has returned +4.9% and +2.0%, respectively.
C support price is $60.40 and resistance is $62.28 (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.