Citigroup Inc (C)

C (NYSE:Banking) EQUITY
$53.56
pos +0.00
+0.00%
Today's Range: 0.00 - 0.00 | C Avg Daily Volume: 20,463,300
Last Update: 03/05/15 - 4:00 PM EST
Volume: 0
YTD Performance: -1.02%
Open: $0.00
Previous Close: $53.56
52 Week Range: $45.18 - $56.95
Oustanding Shares: 3,033,851,309
Market Cap: 162,826,799,754
6-Month Chart
TheStreet Ratings Grade for C
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 15 12 14 14
Moderate Buy 0 0 0 0
Hold 3 5 6 5
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.33 1.59 1.60 1.53
Latest Dividend: 0.01
Latest Dividend Yield: 0.07%
Dividend Ex-Date: 01/29/15
Price Earnings Ratio: 24.40
Price Earnings Comparisons:
C Sector Avg. S&P 500
24.40 24.40 27.74
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-4.49% 8.38% 59.03%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.20 -0.13 -0.05
Net Income -46.10 -0.32 -0.12
EPS -49.40 -0.41 -0.16
Earnings for C:
EBITDA 28.48B
Revenue 91.00B
Average Earnings Estimates
Qtr (03/15) Qtr (06/15) FY (12/15) FY (12/16)
Average Estimate $1.40 $1.32 $5.34 $5.81
Number of Analysts 12 12 15 13
High Estimate $1.45 $1.40 $5.50 $6.40
Low Estimate $1.26 $1.23 $5.06 $5.37
Prior Year $1.30 $1.27 $3.57 $5.34
Growth Rate (Year over Year) 7.63% 3.87% 49.51% 8.80%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Many believe they are a great opportunity in the markets now.

Citigroup Update Real Money Pro($)

Citigroup (C) shares are benefiting from two strong tailwinds: a recent rise in interest rates (the yield on the 10-year U.S. note has risen by 45 basis points) and by a recent win of Costco's (COST) business (replacing American Express (AXP) as the exclusive store credit card). As well, the proposed $4.25 billion sale of its OneMain unit and a favorable CCAR judgment (later this month) should enure to the share price over the near term.
"It might seem crazy what I'm about to say
Bullish
Mar 03, 2015 | 5:34 AM EST
Rating on C was raised from Neutral to Overweight, JP Morgan said. $58 price target. Costco deal should drive growth. 

Today's Trades Real Money Pro($)

Feels like a sleepy summer Friday. I added small to iShares Nasdaq Biotechnology (IBB), SPDR S&P 500 (SPY), PowerShares QQQ (QQQ) and Microsoft (MSFT) shorts.
Apple (AAPL) rebounded from Wednesday's uncharacteristic loss and most of the Horsemen on the Nasdaq continued strong. The redirection "from old tech to new tech" that I noted earlier in the week and again by Jim "El Capitan" Cramer yesterday. Altisource Residential's (RESI) strength and news were good for the home team. Bond yields rose and that trend has continued this morning, with the yield on the 10-year U.S. note approaching 2.05%. (I shorted the iShares 20+ Year Treasury Bond (TLT) at around $129.75 to hedge the interest rate risk in my closed-end municipal bond funds). The most important company news was not cited by the business media: weakness in Bank of America (BAC) shares. After the close, UBS confirmed my 10K filing concerns that could result in an adver

Some Midday Observations Real Money Pro($)

Like Bruce Willis, Apple's shares don't die hard or quickly. (The shares are trading +$1.63 after being lower earlier in the day.) The media event invitation for early March (watch) should be no surprise. I plan to add to my short at about $131/share. I suspect the net neutrality decision has been already discounted in the shares of cable companies, Netflix (NFLX), Facebook (FB), et al. The yield on the 10-year U.S. note is now back over 2.00% (up by three basis points). I shorted iShares 20+ Treasury (TLT) at $129.70 as an interest rate hedge to my closed-end municipal bond funds. Maybe the Nasdaq "has" to go to 5,000, despite being +23 handles in Nazzie futures, I continue to add to QQQ short. The redirection out of Hewlett and into Internet plays continues for the second day in a row. Again Jimmy Cramer wrote a great piece last night on this. Bank of America (BAC) is down on some concerns regarding CCAR risks in the company's 10-K. I would stay away from this name. The bank's latest quarter was god awful and it is so poorly managed. I prefer Citigroup (C) and my five smaller regional banks. RESI trades well and is at a day's high now. HLSS trades like there will be a competing and higher bid for the company. To complete the complex, OCN trades well after a multi-thousand sale of out-of-the-money puts. I expect the price of oil to be $47/barrel before $55/barrel. In reading the comments, IBM's investor day has been uninspiring. IBM remains a show-me stock. Anyone can make projections (just ask CAT's management).The presentation was long on "strategic imperatives," ecosystems, core competence, stewardship initiatives and a bunch of management consultant gobbledegook. "If you want to be short innovation, buy IBM's stock." (Hat tip Stan Druckenmiller) I am getting psyched for Warren's letter to Berkshire shareholders on Saturday morning. I am participating in a special project which analyzes The Oracle's shareholder letter with the Wall Street Journal.

Quiet so Far Real Money Pro($)

I have had no trades so far today, but I am bidding $50.80 for Citigroup (C).
Consumer loans losing out to corporate lending.
 The "too big to fail' rule creates advantages for money center banks.

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