Citigroup Inc (C)

C (NYSE:Banking) EQUITY
$46.67
pos +0.39
+0.84%
Today's Range: 45.90 - 46.83 | C Avg Daily Volume: 23,664,900
Last Update: 05/02/16 - 3:59 PM EDT
Volume: 13,790,490
YTD Performance: 0.00%
Open: $46.54
Previous Close: $46.28
52 Week Range: $34.52 - $60.95
Oustanding Shares: 2,948,120,153
Market Cap: 137,765,654,750
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 10 11 11
Moderate Buy 1 2 2 2
Hold 4 3 2 2
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.56 1.53 1.40 1.40
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
C Sector Avg. S&P 500
0.00 9.40 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.00% 0.00% 0.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.70 -0.10 -0.03
Net Income 131.20 1.20 0.30
EPS 145.50 1.20 0.29
Earnings for C:
EBITDA 37.01B
Revenue 88.54B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $1.19 $1.25 $4.75 $5.45
Number of Analysts 7 6 9 7
High Estimate $1.31 $1.32 $5.07 $5.82
Low Estimate $1.11 $1.14 $4.49 $5.22
Prior Year $1.45 $1.31 $5.35 $4.75
Growth Rate (Year over Year) -18.13% -4.45% -11.28% 14.79%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Bullish
Apr 18, 2016 | 7:23 AM EDT
Shares of C now seen reaching $63, according to BMO Capital. Estimates also increased, given lower costs. Outperform rating. 
The Democratic presidential candidate's comments feed into one analyst's thesis that political risk continues to grow for the biggest banks.
Citigroup, JPMorgan and Wells Fargo showed that the banking sector could still post solid earnings, even in a low interest rate environment.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. Crude oil down by 10 cents to $40.40. Nat gas down by six cents. Gold up $7.20 to $1,233. Agricultural commodities: wheat flat, soybean +8.00 and corn +3.25. Big decline in lumber --$7.50 lower. Bonds soared, with iShares 20+ Year Treasury Bond ETF (TLT) up $1.10). The yield on the 10-year declined by three basis points to 1.75% and same for long bond (2.56%). iShares National Muni Bond ETF (MUB) was bid for. Closed-end municipal bond funds are still rising in price. High yield was quiet. Blackstone/GSO Strategic Credit Fund (BGB) was flat after yesterday's schmeissing.  I have moved to small in size. Banks gave back some after a small beat from Citigroup (C). More on the group on Monday. Life insurance gave back some, as did brokerages. Retail was predominantly higher, led by long Macy's (M), up a beaner. Old tech was weaker, with the downside led by Cisco (CSCO) and Intel (INTL) -- rumors from my Gnome on job cuts there. Staples were better, but no large price moves. Autos gave back. General Motors (GM) down 25 cents and Ford (F) down 20 cents. Biotech was down small -- iShares Nasdaq Biotechnology ETF (IBB) was down $1). Same for media. My biotech basket sold off after a great run. Heavy equipment held in the form of Deere (DE) and Caterpillar (CAT) (T)FANG was so so. Alphabet (GOOGL) was strong, FB weak. NOSH had little movement and was not appetizing. CRABBY had little movement, too. In individual stocks, Apple (I added to my short materially yesterday) was a downside feature (off $2) on rumored productions cuts. DuPont (DD) had another high for the year. Twitter (TWTR) advanced small and so did Potash (POT).  Here are some great articles on RealMoneyPro today: El Capitan on Friday EPS reports.  Tim "Not Phil or Judy" Collins on Apple.  Mike "Stormin'" Norman on
Other than Citigroup, there hasn't been much shakin', which makes you wonder why more companies don't report at week's end.
Falling crude prices are helping lead indices toward a negative end for the week. 
A slow move down towards $40 would not be unexpected in the weeks ahead.
Airlines will return capital like there's no tomorrow.

Columnist Conversations

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Average Cost= $20.22 Bidding on a scale lower.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.