Citigroup (C) Earns Daily Media Sentiment Score of 0.15
Media headlines about Citigroup (NYSE:C) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Citigroup earned a news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 44.6798428847579 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Citi’s Bullish on Commodities While Warning of Risk in China (hellenicshippingnews.com)
- Blame Japanese Banks for the Flat Treasury Curve, Citigroup Says (bloomberg.com)
- Citigroup Reaches Analyst Target Price (nasdaq.com)
- Earnings Momentum Penalize Citigroup (C) Rating (investorplace.com)
- Leading Senior Care Provider Enters Fredericksburg (prweb.com)
A number of analysts have commented on C shares. Wells Fargo & Company started coverage on shares of Citigroup in a report on Wednesday, August 9th. They issued an “outperform” rating and a $90.00 price objective for the company. set a $74.00 price objective on shares of Citigroup and gave the company a “hold” rating in a report on Friday, August 11th. Keefe, Bruyette & Woods set a $75.00 price objective on shares of Citigroup and gave the company a “buy” rating in a report on Sunday, August 13th. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, Societe Generale raised shares of Citigroup from a “sell” rating to a “hold” rating and increased their price target for the company from $63.00 to $70.00 in a research note on Monday, September 11th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $75.83.
Citigroup (NYSE:C) traded down $0.56 during trading on Tuesday, reaching $76.54. 16,028,622 shares of the company’s stock were exchanged, compared to its average volume of 16,891,262. The firm has a market cap of $199,648.59, a price-to-earnings ratio of 14.55, a PEG ratio of 1.48 and a beta of 1.55. Citigroup has a 12 month low of $55.23 and a 12 month high of $77.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01.
Citigroup (NYSE:C) last released its earnings results on Thursday, October 12th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.10. The company had revenue of $18.17 billion for the quarter, compared to analyst estimates of $17.87 billion. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.24 EPS. analysts predict that Citigroup will post 5.31 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Monday, November 6th were issued a $0.32 dividend. The ex-dividend date was Friday, November 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.67%. Citigroup’s payout ratio is 24.66%.
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Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.
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