Twenty research firms currently cover Citigroup, assigning it an average recommendation of Moderate Buy. Fourteen analysts have issued Buy ratings while six recommend Hold. The mean one-year price objective stands at 124.65. Notable recent updates include HSBC’s reaffirmation of a Buy rating with an 87.00 target; JPMorgan Chase & Co.’s upgrade from Neutral to Overweight and a target raise from 107.00 to 124.00; Oppenheimer’s boost of its target from 141.00 to 144.00 alongside an Outperform rating; Wolfe Research’s reiteration of Outperform with a 141.00 target; and DBS Bank’s downgrade from Moderate Buy to Hold on September 22nd.

In its latest quarter, Citigroup reported earnings per share of 1.81, surpassing consensus estimates by 0.16. Revenue reached 19.87 billion, compared with analyst expectations of 20.99 billion, representing a 2.1% year-over-year increase. The bank delivered a net margin of 8.50% and return on equity of 8.28%. Analysts currently forecast full-year earnings per share of 7.53. Citigroup’s balance sheet shows a current ratio of 1.00, quick ratio of 0.99 and debt-to-equity ratio of 1.63, while its market capitalization is 211.51 billion, P/E ratio 16.96, PEG 0.45 and beta 1.18.

Citigroup declared a quarterly dividend of 0.60 per share, payable February 27th to shareholders of record February 2nd, equating to an annualized payout of 2.40 and yield of 2.0%. The dividend payout ratio stands at 34.43%. During the third quarter, Wolff Wiese Magana LLC increased its stake by 87.6% to 257 shares, Dunhill Financial LLC raised its position by 92.2% to 319 shares, and Guerra Advisors Inc initiated a new holding. GoalVest Advisory LLC grew its position by 57.2% in the fourth quarter, and Cloud Capital Management LLC established a new stake, contributing to a 71.72% institutional ownership level.