Citigroup Inc (C)

C (NYSE:Banking) EQUITY
$37.41
neg -0.10
-0.27%
Today's Range: 37.38 - 39.09 | C Avg Daily Volume: 22,243,500
Last Update: 02/10/16 - 4:01 PM EST
Volume: 33,348,278
YTD Performance: -27.52%
Open: $38.50
Previous Close: $37.51
52 Week Range: $36.68 - $60.95
Oustanding Shares: 2,978,990,460
Market Cap: 112,635,629,293
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 11 11 11 11
Moderate Buy 2 2 2 2
Hold 2 2 3 3
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.40 1.40 1.50 1.50
Latest Dividend: 0.05
Latest Dividend Yield: 0.53%
Dividend Ex-Date: 01/28/16
Price Earnings Ratio: 8.52
Price Earnings Comparisons:
C Sector Avg. S&P 500
8.52 0.00 26.96
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-32.67% -23.78% -12.11%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.20 -0.07 -0.03
Net Income 130.80 1.20 0.30
EPS 124.30 1.29 0.31
Earnings for C:
EBITDA 0.00B
Revenue 88.54B
Average Earnings Estimates
Qtr (03/16) Qtr (06/16) FY (12/16) FY (12/17)
Average Estimate $1.38 $1.33 $5.28 $5.85
Number of Analysts 9 8 10 7
High Estimate $1.48 $1.43 $5.64 $6.25
Low Estimate $1.20 $1.29 $5.05 $5.65
Prior Year $1.52 $1.45 $5.35 $5.28
Growth Rate (Year over Year) -9.28% -8.19% -1.40% 10.82%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
The U.S. dollar reversed the recent trend and increased in value relative to the euro today. There were three dips today, and all of them held as the market bent a bit but didn't break. However, as of 3:15 p.m. ET, SPDR S&P 500 ETF (SPY) was at the low of the day. The Russell's $95 support held from yesterday. Qs (Nasdaq) over Ss (S&P)and Rs (Russell) today.  Bonds didn't cooperate and moved higher in price and lower in yield. As The Lindsey Group's Peter Boockvar mentioned, the yield curve flattened. The 10- and 30-year yields dropped another two to three basis points. Municipals, however, had a bid to them and the closed-end municipal bond funds continued on their spree. High yield was flat as a pancake and so was Blackstone/GSO Strategic Credit Fund (BGB). iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and SPDR Barclays High Yield Bond ETF (JNK) were marginally higher. Gold was down for the second day in a row, off $6.20). Boca Biff is squawking! Crude oil dropped by 30 cents, closing at $27.64, and natural gas was down a nickel. In the agricultural commodities, wheat was three pennies higher, corn and soybeans are flat. Lumber was down by $3.30. Bank stocks couldn't hold the early gains and are flat on the day as the flattening yield curve weighs on the sector. Brokerages were slight up on the day; Goldman Sachs (GS) was up $1.60). Private equity did well after a Carlyle repurchase announcement. Blackstone Group (BX) was up 2%. Alternative asset manager Oaktree Capital Group (OAK) was up by nearly $2. Energy stocks showed small losses. Retail was fractionally better after a few days of schmeissing. Old tech was mixed -- IBM (IBM) was down $3 and was a low light. Media was weighed down again by Disney (DIS) -- here is my write-up on the company -- and some old-media stocks. Twenty-First Century Fox (FOX) and CBS (CBS) shares prospered. Biotech was strong -- up 2.5%. Allergan (AGN) was the standout, up $7). My spec, Intrexon (XON), faltered after a "yuge" run.  (T)FANG was higher, led by Netflix (NFLX), but Tesla (TSLA) continues its death spiral. I remain short both. NOSH was tasty, with broad gains in Nike (NKE), O'Reilly Automotive (ORLY), Starbucks (SBUX) and Home Depot (HD). CRABBY was stronger. I bought SPY and iShares Russell 2000 (IWM) on the dips today. My "Trade of the Week" is Citigroup (C), but we need some help on the interest rate front for this to work over the near term. Stil

Trade of the Week: Citigroup Real Money Pro($)

My "Trade of the Week" this week is Citigroup (C) at $37.70 a share.

Today's Trades Real Money Pro($)

Among individual stocks, I added to my longs of Bank of America (BAC), BB&T Corp. (BBT), the Blackstone/GSO Strategic Credit closed-end fund (BGB), Citigroup (C), Oaktree Capital (OAK), Regions Financial (RF) and Wells Fargo (WFC). Among ETFs, I used the morning's dip to
This sector has been beaten up too much. 
As days go these days, stocks were on the quiet side. Up down up down up, thus far. The U.S. dollar's weakness has accelerated. Oil vey, more crude weakness -- dropping by $1.46 to $28.23. Gold fell $3.70 for a change, but the strong uptrend remains intact. As I mentioned yesterday, I had reams of analysis but I just couldn't process it in time for the ramp, which is disappointing as I was leaning to go long. In agricultural commodities, wheat, corn and soybeans were flattish. Lumber fell by 0.5%. Government bonds show limited movement, with yields down one or two basis points. Municipal bond prices and yields showed little change, though closed-end municipal bond funds showed some life, with several rising by almost 1%!. High yield was junky, with iShares iBoxx $ High Yield Corporate Bond ETF (HYG) down 45 cents and SPDR Barclays High Yield Bond ETF (JNK) down 21 cents. Blackstone/GSO Strategic Credit Fund (BGB) continued to get hit mildly. Banks exhibited little movement. I added to Citigroup (C), Morgan Stanley (MS) and Bank of America (BAC) today. New Best Ideas List entrants, banks BB&T (BBT) and Regions Financial (RF), traded in the green.  Life insurance stocks were flat; Berkshire Hathaway (BRK.B) was up a beaner. Retail was mixed. Home Depot (HD) and Lowe's (LOW) bounced back after several days of  schmeissing. Wal-Mart (WMT) saw some profit taking and apparel still is weak. Macy's (M) and Bed, Bath and Beyond (BBBY) were slightly higher, but Best Buy (BBY) was a bit lower. The continued fall from grace of Sears Holdings (SHLD) on disappointing results -- it's down around 7% today -- should be a concern to real estate and mall owners. Biotech was uninspiring after recent declines. Valeant Pharmaceuticals (VRX) continues under distribution. Speculative Intrexon (XON) got hit. Allergan (AGN) rallied after yesterday's fall. Regarding autos: I covered my Ford (F) short, but still am short General Motors (GM), which is on my Best Ideas List as a short. Old tech was mixed, with IBM (IBM) a standout loser, down more than $2. Microsoft (MSFT) and Intel (INTC) managed small gains. Media was awful, with Comcast (CMCSA) and Disney (DIS) lower; the latter's earnings are today. Energy stocks got hit with the commodity. Though I covered Schlumberger (SLB) and Exxon Mobil (XOM) shorts for great gains, I should have held those shorts. But who knew $28 oil? Brokerages reversed after being much lower. They're now up on the day. In  "A Few of My Favorite Things," I again highlighted DuPont (DD), which is up another $1, and Procter & Gamble (PG), which is flat. (T)FANG, the object of my scorn in yesterday's opener, had a dead-cat bounce that was unimpressive by any standard. Amazon (AMZN) is still down on the day, and Tesla (TSLA) is barely higher. Alphabet (GOOGL) is unchanged.  NOSH had all four components higher, led by HD (mentioned previously). CRABBY was as flat as the desert. Radian Group (RDN) traded a tad higher, and other stocks made modest moves. Twitter (TWTR) moved ever lower, and the masochist in me purchased it in my pension plan, as I did C, BAC and MS at reasonably good prices. As mentioned, I added to a number of existing longs and re-established a SPY long rental and added a new iShares Russell 2000 (IWM) long. I likely will end the day between small and medium net long. It's lonely being long -- hopefully, my buys become green.
It's been literally years since I held individual stocks in my personal pension plan (although I recently bought some SPDR S&P 500 ETF (SPY) that I later sold for a profit).
Real Money readers are still bullish on BAC by an 8-point margin. 
Goldman Sachs has begun marketing the tech giant's LBO debt package this week, and rating agencies are suggesting it is not for the faint of heart.
Again, I am endeavoring to be opportunistic (trading) in a market that is fragile,  too volatile and unpredictable to be comfortable with an abundance of many longer-term investments. At the bottom this afternoon, things looked dreadful. It was not easy to make a long trading rental and add to existing shorts. The S&P 500 ended at 1853, very close to my fair market value of 1860. The U.S. dollar weakened a bit after a five day period of consolidating against the euro. Bonds dropped by nearly 10 basis points in yield at the intermediate- and longer-term maturities. Non taxables were well-bid and closed-end municipal bond funds were slightly higher on the day. High yield was junky, reflecting systemic concerns in the European Union and China (large reserve pull down). iShares iBoxx $ High Yield  Corporate Bond Fund (HYG) was down 91 cents and SPDR Barclays High Yield Bond ETF (JNK) was down 40 cents. Blackstone/GSO Strategic Credit Fund (BGB) got pulled down and traded poorly. Gold fell from its highs but still closed $32.70 to the good. Silver was up 55 cents. I had been working on a positive thesis on gold but other projects got in the way, and I blew the opportunity as the price has risen on eight out of the 10 last trading days.   In agricultural commodities, wheat got schmeissed (down eight cents) and corn was down three cents. Lumber was flat. Crude closed down 84 cents, at $30.25, but natural gas was up six cents. Energy stocks, including Exxon Mobil (XOM) and Schlumberger (SLB), prospered today, despite a depressed commodity price. It might be foreshadowing better oil prices; we will see. Banks again were weaker as European institutions took a nosedive. I added to my large position. But life insurance wasn't any better, falling from the pressure of lower yields. I covered some MetLife (MET) and Lincoln National (LNC) shorts. Brokerages got caught in the systemic rumors and concerns and were lower on the day; I added to Morgan Stanley (MS) and Goldman Sachs (GS). Oaktree Capital Group (OAK) ended the day fractionally higher. Retail that I owned wasn't half bad; Best Buy (BBY) and Bed, Bath and Beyond (BBBY) closed higher, but Macy's (M) retreated by 60 cents. That said, remodeling favs Home Depot (HD) and Lowe's (LOW) continued the thrashing that accelerated on Friday. After the close, The Gap (GPS) reported that same-store sales were down 8%. However, its guidance was better than expected and the stock is rallying a small fraction after hours. Lululemon (LULU), Coach (COH) and Under Armour (UA) were all much weaker in a poor apparel space. Autos were mixed; Ford (F) was higher and General Motors (GM) lower. I wonder, after great gains on the short side, whether I am outstaying my welcome. But, I have taken down these shorts to small. Media was awful -- even good performer Comcast (CMCSA) faltered. New lows for Disney (DIS). Old tech was weak, led by Microsoft (MSFT) and Intel (INTC), but bounced off their lows along with the rest of the market. Staples were broadly higher, led by PG, which embodies the flight to safety.  Biotech was decimated. Valeant Pharmaceuticals (VRX) was down by another $6.50 and my spec fav Intrexon (XON) was down by a beaner. Allergan (AGN) hit a new recent low at $266. (T)FANG weakness and future were chronicled in my opening missive today. The acronym was lower, but Alphabet (GOOGL) and Netflix (NFLX) managed to rise modestly. Tesla (TSLA) got hit badly (down $14), as did Facebook (FB) and, to a lesser degree, Amazon (AMZN). NOSH was starving; Nike (NKE), O'Reilly Automotive (ORLY) and Home Depot (HD) were down bigtime. Starbucks (SBUX) rallied off the lows to end the day flat. CRABBY was mixed, led to the downside by Citigroup (C); I added it. Disease-like laggards Potash (POT) and Twitter (TWTR), which reports Wednesday, continued to lag.  iShares China Large-Cap (FXI) -- a Best Ideas List participant as a short -- doesn't have an uptick in it.  Apple's (AAPL) strength was conspicuous , up $1.20. During the day I added to many of my existing longs and added to new banks Regions Financial (RF) and BB&T (BBT); I put them on the Best Ideas List. Again, i see banks as multiyear plays and not as short-term trades. I also covered small positions in a broad list of my core shorts, including DIS, MET and LNC. As mentioned, I day traded an aggressive position in SPY for a profit. I will continue to try to accomplish that feat. I ended the day at market neutral. For the time being and assuming no change in fundamentals, I remain a SPY buyer between the capitulation low (two Wednesdays ago at $181.25 and about $183.50) and I remain a seller on strength above $185. I know that's a pretty tight range, which likely will be resolved s

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Juniper appears headed for a re test of major support near its 2015 low. With today's 1.5% loss JNPR is ...
$550 million to buy.
Spooking the markets now.
SPY $185.75 IWM $96.24

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