Somewhat Positive News Coverage Somewhat Unlikely to Impact Citigroup (C) Stock Price

Press coverage about Citigroup (NYSE:C) has trended somewhat positive on Monday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citigroup earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.8568318324885 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of analysts have recently issued reports on C shares. Vetr downgraded shares of Citigroup from a “buy” rating to a “hold” rating and set a $76.38 price objective on the stock. in a report on Wednesday, November 29th. Nomura lifted their price objective on shares of Citigroup to $84.00 and gave the company a “buy” rating in a report on Monday, December 11th. Credit Suisse Group reiterated a “buy” rating and issued a $83.00 price objective on shares of Citigroup in a report on Tuesday, December 12th. Keefe, Bruyette & Woods lifted their price objective on shares of Citigroup from $80.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, December 14th. Finally, Wells Fargo & Co set a $95.00 price objective on shares of Citigroup and gave the company a “buy” rating in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $79.65.

Citigroup (NYSE C) traded down $0.09 during mid-day trading on Monday, reaching $76.02. 12,601,833 shares of the company’s stock were exchanged, compared to its average volume of 17,420,000. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.01 and a current ratio of 1.01. Citigroup has a 1 year low of $56.55 and a 1 year high of $80.70. The company has a market capitalization of $201,000.00, a PE ratio of 13.97, a price-to-earnings-growth ratio of 1.10 and a beta of 1.51.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $1.28 EPS for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.09. Citigroup had a negative net margin of 7.05% and a positive return on equity of 7.61%. The firm had revenue of $17.26 billion during the quarter, compared to analysts’ expectations of $17.23 billion. During the same period in the previous year, the business posted $1.14 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. research analysts expect that Citigroup will post 6.41 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 5th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.68%. Citigroup’s dividend payout ratio (DPR) is 23.53%.

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Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

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