Seaport Res Ptn Comments on Citigroup Inc.’s Q1 2025 Earnings (NYSE:C)

Citigroup Inc. (NYSE:C) – Equities research analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for Citigroup in a note issued to investors on Saturday, April 13th. Seaport Res Ptn analyst J. Mitchell now anticipates that the company will post earnings of $2.02 per share for the quarter, down from their previous forecast of $2.07. The consensus estimate for Citigroup’s current full-year earnings is $5.73 per share. Seaport Res Ptn also issued estimates for Citigroup’s Q2 2025 earnings at $1.93 EPS.

Several other analysts have also issued reports on C. Societe Generale lowered Citigroup from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Oppenheimer cut their price target on Citigroup from $88.00 to $87.00 and set an “outperform” rating for the company in a report on Monday. BMO Capital Markets lowered Citigroup from an “outperform” rating to a “market perform” rating and set a $57.00 price target for the company. in a report on Wednesday, January 10th. Daiwa Capital Markets raised Citigroup from a “neutral” rating to a “buy” rating and set a $63.00 price target for the company in a report on Monday, December 18th. Finally, Jefferies Financial Group boosted their price target on Citigroup from $56.00 to $65.00 and gave the company a “hold” rating in a report on Monday, April 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.91.

Citigroup Stock Performance

Shares of C opened at $58.56 on Tuesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.95 and a quick ratio of 0.95. Citigroup has a one year low of $38.17 and a one year high of $63.90. The firm has a market capitalization of $112.15 billion, a P/E ratio of 17.32, a PEG ratio of 0.93 and a beta of 1.52. The business has a fifty day moving average of $57.99 and a 200 day moving average of $50.81.

Citigroup (NYSE:C) last issued its quarterly earnings data on Friday, April 12th. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.29 by $0.29. Citigroup had a return on equity of 6.17% and a net margin of 4.90%. The company had revenue of $21.10 billion during the quarter, compared to analyst estimates of $20.46 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. Citigroup’s revenue was down 1.6% compared to the same quarter last year.

Citigroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 6th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $2.12 dividend on an annualized basis and a yield of 3.62%. Citigroup’s dividend payout ratio is currently 62.72%.

Institutional Trading of Citigroup

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Massachusetts Wealth Management raised its stake in shares of Citigroup by 0.5% during the 4th quarter. Massachusetts Wealth Management now owns 39,782 shares of the company’s stock valued at $2,046,000 after buying an additional 192 shares during the last quarter. Founders Capital Management raised its stake in shares of Citigroup by 12.5% during the 4th quarter. Founders Capital Management now owns 1,800 shares of the company’s stock valued at $93,000 after buying an additional 200 shares during the last quarter. Cowa LLC increased its stake in shares of Citigroup by 3.1% in the 4th quarter. Cowa LLC now owns 6,600 shares of the company’s stock valued at $340,000 after purchasing an additional 200 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its stake in shares of Citigroup by 0.8% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 24,630 shares of the company’s stock valued at $1,267,000 after purchasing an additional 200 shares in the last quarter. Finally, Rossmore Private Capital increased its stake in shares of Citigroup by 1.5% in the 4th quarter. Rossmore Private Capital now owns 13,800 shares of the company’s stock valued at $710,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Company Profile

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.