Stock FAQs

how to buy citigroup stock

by Tevin Wilderman Published 3 years ago Updated 2 years ago
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How to buy shares in Citigroup.

  • Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  • Open your brokerage account. Complete an application with your details.
  • Confirm your payment details. Fund your account.
  • Research the stock. Find the stock by name or ticker symbol – C – and research it before deciding if it's a good investment for you.
  • Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a ...

Citigroup does not offer initial direct stock purchase. Please refer to your financial advisor or stock broker. Once you are a Citi stockholder, you can enroll in our Dividend Reinvestment and Direct Stock Purchase Plan (DRP) through the program administrator, Computershare.

Full Answer

What is the stock price of Citigroup going to be?

Their forecasts range from $60.00 to $114.00. On average, they expect Citigroup's stock price to reach $75.14 in the next year. This suggests a possible upside of 37.2% from the stock's current price. View analysts' price targets for Citigroup or view top-rated stocks among Wall Street analysts. Who are Citigroup's key executives?

How do I buy stock in Citi dividends?

Once you are a Citi stockholder, you can enroll in our Dividend Reinvestment and Direct Stock Purchase Plan (DRP) through the program administrator, Computershare. There is a direct stock purchase feature to that plan.

What brokerages does Citigroup use?

Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Citigroup's stock price today? One share of C stock can currently be purchased for approximately $54.77. How much money does Citigroup make?

Did Citigroup issue whole shares of travelers stock?

Only whole shares of Travelers class A common stock and Travelers class B common stock were issued. Any Citigroup stockholder entitled to receive a fractional share received a cash payment in lieu of fractional shares. Generally, for U.S. taxpayers, the cost basis represents the purchase price of your stock.

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How can I buy Citibank stock?

Or you can use the Citi Mobile App – it's simple, just open the app, click Explore Products and Offers – Investing – Self Directed Trading. Remember, to apply for Citi Self Invest, you must have an eligible, active individual or joint Citibank checking/savings account, or a Citibank credit card.

How do you buy C?

Shares of C can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

Does Citibank have a brokerage?

Citi Wealth Builder, an easy-to-use, low-cost digital investing offering with professionally managed portfolios that is designed to help new and existing customers meet financial goals ranging from retirement to buying a home.

Is Citibank good for investment?

Citigroup is turning a corner The stock price is up 15% year to date, which trails all three of its major rivals, but it is in a good position for long-term growth. For starters, it is a great value. It is currently trading at seven times earnings, with a forward price-to-earnings (P/E) ratio of 8.7.

Is Citigroup a buy Zack?

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 Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Will C stock go up?

The 24 analysts offering 12-month price forecasts for Citigroup Inc have a median target of 61.50, with a high estimate of 95.00 and a low estimate of 53.00. The median estimate represents a +19.91% increase from the last price of 51.29.

Does Citibank have an online brokerage?

Check your Citi Personal Wealth Management brokerage account balances from your mobile device at any time, buy and sell equities, ETFs and mutual funds and get market news and quotes....Invest in every moment with comprehensive financial strategies.ETFs Online/Mobile$0Equities Online/Mobile$0Service Center$651 more row

What are the benefits of Citigold?

Citigold customers enjoy preferential rates on key transactional services, including ebrokerage, housing and auto loans, foreign exchange rates when converting local currencies and foreign currencies abroad. Preferential rates vary depending on currencies and local FX market situation.

What is the minimum balance for a Citigold account?

$200,000To remain a Citigold client, maintain a minimum combined average monthly balance of $200,000 in eligible linked banking, retirement and investment accounts.

Is Citibank in trouble?

Citibank has been in trouble with regulators, and was fined $400 million by the Federal Reserve and the Office of the Comptroller of the Currency in 2021. The fine was for “unsafe and unsound banking practices,” which included sending around $900 million to the wrong recipients.

Is Citibank better than Chase?

For more branches, Chase may be better for you. But for more free ATMs and higher CD rates, Citibank may be more attractive. Both banks have a range of accounts and services, but they're similarly bogged down by high fees and poor rates.

Is Citi better than Goldman Sachs?

Citi is most highly rated for Compensation and benefits and Goldman Sachs is most highly rated for Compensation and benefits....Overall Rating.Overall Rating3.94.0Compensation and benefits3.93.9Job security and advancement3.53.5Management3.53.5Culture3.73.71 more row

How to calculate Citigroup's P/E ratio?

Citigroup's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7621. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

What is Citigroup's environmental score?

Citigroup's environmental score of 2.97 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Citigroup is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

What is Citigroup's ESG score?

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Citigroup's overall score of 29.34 (as at 12/31/2018) is nothing to write home about – landing it in it in the 46th percentile of companies rated in the same sector.

Why choose Tradestation?

We chose TradeStation for this category because it offers a sophisticated platform with deep analytics and research tools aimed at frequent traders and those wanting to day trade.

How to delay stock purchase?

Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

When did Citigroup split?

Citigroup's shares were split on a 1:10 basis on 8 May 2011. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Citigroup shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Citigroup shares which in turn could have impacted Citigroup's share price.

Is Robinhood a good trading app?

Our pick for beginners. We chose Robinhood for this category because it offers commission-free trading and is easy to use. You can search for stocks by company name, and the mobile app is clean and intuitive to use.

The stock is trading at a beaten-down level, and there's a transformation plan starting to get underway

Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.

Key Points

Citigroup, a bank that owns 4% of U.S. deposit market share, trades around 80% of tangible book value.

3 concerns

Exiting consumer markets: Fraser's first big move came earlier this year when the bank announced its plans to exit or sell its consumer banking franchise in 13 global markets to free up about $7 billion of capital. Investors seemed to like the concept, but the first two markets Citigroup has left have not exactly been smooth.

3 near-term catalysts

Q4 earnings: Every earnings report will be important for Citigroup right now. The next one will be in January to discuss the fourth quarter and full-year results. Investors will be looking for more guidance for next year, any hints on the transformation plan, and to see how much stock Citigroup is repurchasing.

3 reasons to buy the stock

Beaten down: Despite concerns, Citigroup is a rare opportunity to buy one of the largest banks in the world with more than 4% of U.S. deposit market share and an established moat in investment banking and credit card lending at a beaten-down level.

How to find Citigroup DRP?

On their website, www.computershare.com/investor, you can find a summary of the Citigroup DRP, and download the plan prospectus. You can also download and submit an Enrollment Form, change your participation option or update your election online. You will need to register your account first if you have not previously. Once registered, select "Enroll in an Investment Plan."

What is Citi dividend reinvestment?

The Citi Dividend Reinvestment and Direct Stock Purchase Plan (DRP) allows current Citigroup stockholders to reinvest dividends or make optional cash payments in order to directly purchase additional Citigroup common stock. The optional cash payments must be at least $50 and can be up to an aggregate of $120,000 per calendar year.

How to notify Computershare of address change?

If you are a stockholder of record and your address changes, please notify Computershare in writing, by telephone or online. This will ensure that you continue to receive your dividend checks, Annual Meeting and voting materials, as well as other stockholder information in a timely manner. Please give your name as it appears on your account (s), old and new addresses, stock certificate or account number (s). For security reasons, we cannot accept address changes by email.

How to get a copy of the prospectus from Computershare?

Or, to request a copy of the prospectus or the Enrollment Form be sent to you, you may contact Computershare by email at shareholder@computer share.com or call them at (888) 250-3985 or (781) 575-4555 (for outside of North America).

What is the C symbol?

Our Stock. Citigroup common stock is traded on the New York Stock Exchange (NYX) under the ticker symbol "C." Citigroup stock also has the distinction of being the first international company to be traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores - BMV), and is listed under the ticker symbol "C*.".

Where do dividend checks go?

Your dividend checks will be sent to your address of record unless you instruct us otherwise. If you would like to have your dividends electronically deposited to your bank or paid in a currency other than U.S. dollars, please contact Computershare for assistance.

What is cost basis in Citigroup?

Generally, for U.S. taxpayers, the cost basis represents the purchase price of your stock. The cost basis in your Citigroup shares just prior to the distribution must be allocated to the Citigroup shares and the Travelers shares so that the total cost basis of your holdings (Citigroup and Travelers, including any fractional shares sold for cash) after the distribution is the same as your cost basis in the Citigroup shares just prior to the distribution.

About Citigroup

Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking, Institutional Clients Group, and Corporate and Other.

Citigroup (NYSE:C) Frequently Asked Questions

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Citigroup stock. View analyst ratings for Citigroup or view top-rated stocks.

When were Citigroup 10Ks available?

Citigroup's 10-Ks and 10-Qs are available on the SEC website going back to 1994.

What is Citi dividend reinvestment?

The Citi Dividend Reinvestment and Direct Stock Purchase Plan (DRP) allows current Citigroup investors to reinvest dividends or make optional cash payments in order to directly purchase additional Citigroup common stock. The optional cash payments must be at least $50 and can be up to an aggregate of $120,000 per calendar year.

What is the CCI symbol?

For its first two months, the merged companies, as Citigroup, traded under the exchange symbol "CCI," the symbol of Citicorp from 1985. However, on December 4, 1998, Citigroup began trading under its current stock symbol "C."

How to contact Computershare?

Or, to request a copy of the prospectus or the Enrollment Form be sent to you, you may contact Computershare by email at: [email protected] or by telephone at: (888) 250-3985 or (781) 575-4555 (for outside of North America).

How to request a 10K?

If you would like to request an Annual Report (10-K), quarterly report (10-Q), or other regulatory disclosure in printed form, please send your request via email, along with your full mailing address, to our Document Services department at: [email protected]. You can also call them at: (716) 730 8055, or toll-free within the U.S. at: (877) 936 2737.

When did Citicorp merge with Travelers Group?

On April 6, 1998, the plan to merge Citicorp and Travelers Group was announced. On October 8 , 1998, Citicorp merged with and into a subsidiary of Travelers Group, and Travelers Group changed its name to Citigroup Inc. At the time of the merger, Citicorp stockholders received 2.5 Citigroup shares for every 1 share of Citicorp stock they previously owned. Travelers Group stockholders maintained their shares of Travelers Group stock under the Citigroup name.

Does Citigroup offer direct stock purchase?

Citigroup does not offer initial direct stock purchase. Please refer to your financial advisor or stock broker. Once you are a Citi stockholder, you can enroll in our Dividend Reinvestment and Direct Stock Purchase Plan (DRP) through the program administrator, Computershare. There is a direct stock purchase feature to that plan.

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