How has Citigroup's stock performed this year?
It's been a dreadful year for Citigroup ( C 0.86% ) in terms of stock price performance, with shares of the megabank down about 1% this year. The KBW Nasdaq Bank Index, which tracks large bank stocks, is up nearly 35% this year, showing just how much Citigroup has lagged the broader sector.
What is Citigroup's 52-week high and low prices?
The Citigroup 52-week high stock price is 80.29, which is 25% above the current share price. The Citigroup 52-week low stock price is 57.40, which is 10.6% below the current share price. The average Citigroup stock price for the last 52 weeks is 69.35.
What is the all-time high Citigroup stock price?
The all-time high Citigroup stock closing price was 588.80 on August 28, 2000. The Citigroup 52-week high stock price is 80.29, which is 25% above the current share price.
Who is the CEO of Citigroup?
Citigroup's CEO at the time, Michael Corbat, also announced his retirement in 2020, surprising many who thought he had a few years left to go. Image source: Getty Images. In early 2021, Jane Fraser took the reins of Citigroup and set out to refresh the bank's strategy.
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What happened to Citigroup stock in 2009?
At one point, Citigroup shares dropped as low as 97 cents in early 2009 when investors feared for the bank's survival. Fortunately for Citigroup investors, the bank survived and its stock limped into 2010 at a price of around $3.40. In 2010, Citigroup reported a $10.6-billion profit, its first annual profit since 2007.
What is the target price for Citigroup stock?
Stock Price TargetHigh$86.00Low$46.00Average$58.54Current Price$52.16
When did Citigroup stock split?
Stock Split HistoryDist. DateSplit Amt.09 May 20111 for 1025 Aug 20004 for 328 May 19993 for 219 Nov 19973 for 25 more rows
Is Citibank a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Will C stock go up?
Citigroup Inc (NYSE:C) The 23 analysts offering 12-month price forecasts for Citigroup Inc have a median target of 57.35, with a high estimate of 86.00 and a low estimate of 46.00. The median estimate represents a +10.46% increase from the last price of 51.92.
What is the best stock prediction site?
10 Best Stock Research Websites & Tools – Rating The Best Stock Market Websites In 2022WallStreetZen (Best Stock Research Website In 2022) ... Motley Fool Stock Advisor. ... Tokenist's Newsletter: Five Minute Finance. ... Morningstar. ... Seeking Alpha. ... AAII (American Association of Individual Investors) ... Zacks Investment Research.More items...•
Who is the largest shareholder of Citibank?
Top 10 Owners of Citigroup IncStockholderStakeShares ownedThe Vanguard Group, Inc.8.27%160,615,865BlackRock Fund Advisors4.89%94,946,993SSgA Funds Management, Inc.4.81%93,306,092Berkshire Hathaway, Inc. (Investm...2.84%55,155,7976 more rows
Why was Citigroup bailed out?
Citigroup received the bailout as part of the Troubled Asset Relief Program. The program was launched late last year to help ailing banks manage through the peak of the credit crisis. TARP recipients have so far paid back $116 billion.
How often does Citibank Dividend?
4 dividends per yearDividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 87.9.
Is Citi Bank a good investment?
The stock has fallen 23% in 2022, to $46.54, and at 0.5 times book value, it's the cheapest of the big banks—and the one with the most to fix. At a time when bank stocks can be expected to move up and down in tandem based on the latest economic reports, fixing Citi's problems could spur outperformance.
Is JPM a buy or sell?
(JPM) - Zacks....(Delayed Data from NYSE)Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Is ca buy now?
C stock is a Buy call based on valuations. The company's shares are now already trading at under two-thirds of its tangible net asset value, and it will take a substantial earnings miss in Q1 2022 to drag its share price down further which I think is less likely.
When will Citigroup pay dividends in 2021?
What is the quarterly dividend of Chesapeake Utilities?
NEW YORK, July 22, 2021--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on August 27, 2021, to stockholders of record on August 2, 2021.
Does Citigroup invest in bitcoin?
Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.48 per share on the Company's common stock.
Is Miron Lila leaving Citigroup?
Citigroup's (C) wealthy clients will be able to access investment vehicles in bitcoin and other digital assets, with the bank launching a separate digital asset unit as part of its wealth management division.
What is Citigroup valuation?
(Bloomberg) -- Citigroup Inc. health-care investment banker Miron Lila is leaving the U.S. lender to join Chinese health-care company dMed Biopharmaceutical Co., according to people familiar with the matter.Lila will be responsible for financing and investor relations activities at Shanghai-based dMed, the people said, asking not to be identified because the matter is private. He will continue to be based in Hong Kong, the people added.He spent 13 years at Citi, most recently leading its health-
What is Citigroup Inc?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City.
How many employees does Citigroup have?
About. . . Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Where is Citigroup incorporated?
Citigroup has over 200 million customer accounts and does business in more than 160 countries. It has 204,000 employees, although it had 357,000 employees before the financial crisis of 2007–2008, when it was bailed out by a massive stimulus package from the U.S. government.
Is Citigroup too big to fail?
Citigroup is incorporated in Delaware. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States.