Headlines about Citigroup (NYSE:C) have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Citigroup earned a news sentiment score of 0.88 on their scale. InfoTrie also gave news headlines about the financial services provider an news buzz score of 6 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the next several days.

Here are some of the news articles that may have effected Citigroup’s score:

Shares of C traded down $2.02 during mid-day trading on Friday, hitting $65.76. 27,124,500 shares of the company’s stock were exchanged, compared to its average volume of 20,359,630. Citigroup has a 52 week low of $63.18 and a 52 week high of $80.70. The stock has a market capitalization of $175.43 billion, a PE ratio of 12.34, a P/E/G ratio of 0.90 and a beta of 1.47. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.32.

Citigroup (NYSE:C) last announced its earnings results on Friday, October 12th. The financial services provider reported $1.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.07. Citigroup had a negative net margin of 4.81% and a positive return on equity of 9.42%. The company had revenue of $18.39 billion for the quarter, compared to analysts’ expectations of $18.43 billion. During the same period last year, the firm earned $1.42 earnings per share. Equities research analysts predict that Citigroup will post 6.69 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Stockholders of record on Monday, November 5th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, November 2nd. This represents a $1.80 annualized dividend and a dividend yield of 2.74%. Citigroup’s dividend payout ratio is presently 33.77%.

C has been the topic of several research analyst reports. Wolfe Research initiated coverage on shares of Citigroup in a report on Tuesday, September 25th. They issued an “outperform” rating on the stock. BMO Capital Markets increased their price target on shares of Citigroup to $92.00 and gave the company a “market perform” rating in a report on Monday, October 15th. ValuEngine cut shares of Citigroup from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. Deutsche Bank increased their price target on shares of Citigroup from $76.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, September 27th. Finally, Wells Fargo & Co set a $100.00 price target on shares of Citigroup and gave the company a “buy” rating in a report on Monday, August 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $82.91.

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Citigroup Company Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

Further Reading: Technical Analysis

Insider Buying and Selling by Quarter for Citigroup (NYSE:C)

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