Once the firm decides to buy back shares it inherently reduces the number of shares outstanding. Citigroup Inc (C) Stock Price & Chart | Trade Now Markets Shares Trade Citigroup Inc - C CFD Add to favourite 44.61 0.71% View detailed chart sell 44.71 buy 44.61 0.10 Low: 44.34 High: 45.27 Market Trading Hours* (UTC) Opens on Thursday at 14:30 Summary Historical Data Events Income Statement Balance Sheet Cash Flow Ownership Trading Conditions The Fed did not allow the big banks to repurchase shares during Q3, but reading through the latest conference call transcripts, you get the sense they are chomping at the bit to start buying them again. The relatively narrow footprint won't take too much space and the 1000 lbs weight capacity is more . Biggest Companies Most Profitable Best Performing Worst Performing 52-Week Highs 52-Week Lows Biggest Daily Gainers Biggest Daily Losers Most Active Today Best Growth Stocks. Disclosure: I am/we are long C. I wrote this article myself, and it expresses my own opinions. Citigroup Inc. (NYSE:C) shares, rose in value on Friday, 12/09/22, with the stock price up by 0.38% to the previous days close as strong demand from buyers drove the stock to $44.86. To make the world smarter, happier, and richer. What I am saying is that Citi is looking kind of like a bargain right here, but you should do your own due diligence. Required fields are marked *. 2 Stocks Down 19% to 51% to Buy Right Now, Join Nearly 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. WASH is a bit of a hybrid. ET, Citigroup's Latest Rebuke Is Also Not a Huge Surprise. All Stock Screeners . Pittsburgh, Pennsylvania, United States. In fact, over the past several quarters, while you can see the slowdown in the results, none of them have lost any money. Very nice. After that we take a look at a unique hotel. On the whole, C has fluctuated by -1.10% over the past month. Check Out Urban Outfitters Inc. (NASDAQ: URBN). While the transformation plan is happening, Citigroup can repurchase shares and continue to meaningfully grow TBV. Click here for full details and to join for free. To be sure, the bank has plenty of work to do, including modernizing its infrastructure to address the consent order from regulators. I'm also looking at two, ) and thanks to a reader suggestion, I'm going to be looking at Washington Trust Bancorp Inc. (. Citigroup is planning to sell inefficient businesses within its sprawling franchise and double down on businesses like treasury and trade solutions that are capable of generating outstanding returns. Citigroup Shares Outstanding Citigroup Inc (C) Citigroup Shares Outstanding: 1.937B for Sept. 30, 2022 View 4,000+ Financial Data Types: Add Browse Shares Outstanding Chart View Full Chart No data available Historical Shares Outstanding Data View and export this data back to 1986. slandsbanki hf. We do not want to invest in a company or industry where something like that may occur again. 2022 (1,937 Mil). The PE ratio stands at 6.05 for Citigroup Inc., compared to 11.16 for JPMorgan Chase & Co., and 10.24 for Bank of America Corporation. Citigroup is the primary dealer in US Treasury securities. Investors seemed pleased with the initial steps, but Fraser's honeymoon quickly soured in the second half of the year, as expenses at the bank rose and market conditions got tougher. Citi partners with Vietnam. CITIGROUP Shares Outstanding charts, historical data, comparisons and more at Zacks Advisor Tools. Media azioni ordinarie circolanti, statistiche trimestrali e annuali di LEVERAGE SHARES PLC TRACKER ZERT 21/03/71(CITIGROUP). I am a financial analyst working in corporate America for a Fortune 500 company. Please check your download folder. Citigroup came into 2021 facing several challenges. Additionally, Citi had a $0.4B civil penalty which also depressed their net income in Q3. This metric excludes the company's treasury shares. Wall Street analysts also predicted that in 2023, the companys y-o-y revenues would reach $75.17 billion, representing an increase of 4.60% from the revenues reported in the last years results. Citigroup is a financial services holding company 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. It also didn't feel like enough money to even cash out those five shares and put the money to work elsewhere because it wasn't really worth the effort or, until recently, the commission. At the end of 2022 the company had 1,941,500,000 shares outstanding . The faster the better, because a 5% hike in a dividend is just like receiving a 5% raise at work. This was a 2 for 1 split, meaning for each share of C owned pre-split, the shareholder now owned 2 shares. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. This makes Citigroup the world's 153th most valuable company by market cap according to our data. Data on historical trading for Citigroup Inc. (NYSE:C) indicates that the trading volumes over the past 10 days have averaged 17.3 million and over the past 3 months, theyve averaged 18.45 million. Another big disappointment came recently when Citigroup CFO Mark Mason revealed at a recent conference that the bank had paused share repurchases this quarter due to a new capital rule from regulators that required some banks to increase risk-weighted assets and therefore hold more capital. NEW YORK (CNNMoney) -- Citigroup on Monday announced a 1-for-10 reverse stock split of the company's common shares, and the bank will also reinstate its quarterly dividend. Referring to stocks 52-week performance, its high was $69.11, and the low was $40.01. It is important to note that Citi had a net allowance for credit loss build of $314M while JPM had $569M in net reserve releases. Oct 2017 - May 20202 years 8 months. So they start with a higher floor in this graph. Notably, Citigroup has suspended its share . The Fed did not allow the big banks to repurchase shares during Q3, but reading through the. I believe the beaten-down share price is a reflection of the market's frustration with this stock over the years, but Citigroup has one of the world's strongest investment banking divisions and has amassed 4% of the total U.S. deposit market share. Let's take a look. Citi ( C,. 2022 to Jun. So the faster the better. C showed an intraday change of 0.38% in last session, and over the past year, it shrunk by -27.81%%. Your email address will not be published. TG Therapeutics Inc. (NASDAQ: TGTX) Stock: Looks Like A Good Investment. Please. Citi. Citigroup stock (NYSE: C) has gained 15% YTD, and at its current price of $71 per share, it is 17% below its fair value of $84 - Trefis' estimate for Citigroup's valuation. Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were 1 upward and no downward review(s) in last seven days. #brandnew #houseforsale #5marla #forsale #citihousing #gujranwala Like | Share | Subscribe | CommentsLavishly Modern Designed 5 Marla outstanding House Detai. Citigroup is planning to sell inefficient businesses within its sprawling franchise and double down on businesses like treasury and trade solutions that are capable of generating outstanding. With them I also suffered a dividend cut (down to a penny per quarter for several years) but they never suspended the dividend and they did not do a reverse split. They have not raised every quarter but they have raised more than once a year at times. The companys stock has been forecasted to trade at an average price of $56.76 over the course of the next 52 weeks, with a low of $42.00 and a high of $95.00. Data indicates that the EPS growth is expected to be -29.70% in 2023, while the next years EPS growth is forecast to be -10.90%. Making the world smarter, happier, and richer. Aim to help investors make better investment decisions. Spot on. Thankfully, Citi and all of the banks are much better capitalized these days. With 29 billion shares outstanding, Citigroup has almost three times more shares outstanding than any other stock in the S&P 500. If you'll notice the line for OZK is kind of smooth rather than stair-stepped. Looking For A Top Momentum Stock? Citigroup Inc. is a globally diversified financial services holding company providing 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 to consumers, corporations, governments and institutions. BAC and Citi both started 2016 with a $0.05/quarter dividend but Citi has hiked theirs much more aggressively, with a 5-year growth rate of 116.89%. So we can see that both BAC and Citi have gotten back partway to where they were in September of 2019 while JPM is fully back and OZK and WASH are close. I have no business relationship with any company whose stock is mentioned in this article. I must confess when I began doing my research for this article I thought I'd arrive at a different conclusion than I did. Citigroup is a global financial services company doing business in . The shares purchased in a stock buyback can be used to compensate employees or as a form of investment . 2022 was 1,937 Mil.. Citigroup's quarterly shares outstanding declined from Mar. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. How much money is this company putting in my pockets (or brokerage account) each quarter? And would you rather have a 5% raise or a 12% raise? Get 20 years of historical shares outstanding charts for C stock and other companies. Ultimately, I'm hopeful that Citigroup's stock will be able to get back to 100% of TBV in 2022, which would be about $80 per share and represent some significant upside. Responsible for the development and management of Higher Education content. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. Name: Citigroup Inc. Ticker: CCL Exchange: SNSE Founded: 1812 Industry: Diversified Banks Sector: Banks Implied Market Cap: US$89.340b Listing Market Cap: US$83.826t Shares outstanding: 1.94b Website: https://www.citigroup.com Number of Employees Location Citigroup Inc. 388 Greenwich Street New York New York 10013 United States Listings Show more I wrote this article myself, and it expresses my own opinions. The company said it intends to list its shares on the Nasdaq under the symbol "VFS." VinFast had about 2.41 million outstanding shares as of Sept. 30. So for the last nearly 10 years, I have owned 5 shares of Citi. As part of the refresh, Fraser also said Citigroup would further invest in businesses within the franchise that already put up good returns and focus on capital-light businesses like wealth management, particularly in Citigroup's international footprint. View Citigroup Inc.'s Shares Outstanding trends, charts, and more. If you have an ad-blocker enabled you may be blocked from proceeding. Citigroup Basic Shares Outstanding 2010-2022 | C, Citigroup basic shares outstanding for the quarter ending September 30, 2022 were, Citigroup basic shares outstanding for the twelve months ending September 30, 2022 were, Citigroup annual basic shares outstanding for 2021 were, Citigroup annual basic shares outstanding for 2020 were, Citigroup annual basic shares outstanding for 2019 were. The Motley Fool has no position in any of the stocks mentioned. . What would be a reasonable price to tangible book value going forward for C? I am throwing in JPMorgan Chase & Co. (JPM) because many consider them to be one of the best-run banks in the country. That said, they have a 5-year dividend growth rate (DGR) of 16.17% according to Seeking Alpha. Learn More. For example, a 1000 share position pre-split, became a 2000 . One of the ways the big banks have been returning money to shareholders for the past several years is through share repurchases. So Citi once again looks good here. Upgrade now. Awesome time to buy a financial stock by the way. Citigroup's Investment Banking Business Is Struggling More Than Its Peers -- Should Investors Be Worried? All this may strike you as putting lipstick on a pigbut hey, it will be a prettier pig. Compare the shares outstanding of Citigroup C and Waste Management WM. So I still own 100 shares and figured it's time to look under the hood there too. of . If you follow me you know that I am all about the dividends. I certainly think 0.8 x is well within reason. Citigroup has around 200 million customer accounts in more than 160 countries and jurisdictions. It's been a dreadful year forCitigroup (C 0.38%) in terms of stock price performance, with shares of the megabank down about 1% this year. The bank, which has lagged its peers since the Great Recession, got into trouble in 2020 when it accidentally sent $900 million to the wrong parties due to a clerical error, which showed the lack of modernization at the bank. The value of beta (5-year monthly) was 1.58 whereas the PE ratio was 6.05 over 12-month period. I write the Sand In My Shoes series of articles based on my real-money portfolio, which is the sum of several 401k roll-overs. Citigroup's shares outstanding is 1.937 billion. The Motley Fool has a disclosure policy. Still, management has given us the shell of a transformation plan that looks promising. I would suggest that if you are looking for a bank stock that you should look further into the prospects of Citi. Citigroup's book value per share of $92.71 and tangible book value per share of $80.34 at quarter end increased 1% and 2%, respectively, largely driven by the net income and lower shares outstanding, partially offset by adverse movements in the accumulated other comprehensive income (AOCI) component of equity and common dividends. Now, I could give you similar charts for JPM and BAC of course but to reduce the risk of over-charting this article, I'll just put the numbers in a table: As you can see, both BAC and JPM have current price to tangible book value ratios in between their 5- and 10-year lines. Citigroup fundamental comparison: Shares Outstanding vs Market Capitalization. Citigroup operates in North America, Asia, Latin America, and Europe, Middle East, and Africa (EMEA) regions. No. Should You Buy the 5 Highest-Paying Dividend Stocks in the S&P 500? Phreesia Inc. (NYSE: PHR) Is Expected To Hit 40.00 USD!! Oyster Point Pharma, Inc. at . Their C share price forecasts range from $45.00 to $79.00. According to the data, the short interest in Citigroup Inc. (C) stood at 1.79% of shares outstanding as of Oct 13, 2022; the number of short shares registered in Sep 14, 2022 reached 34.61 million. Citigroup fundamental comparison: Shares Outstanding vs Beta. Here are the values over the past several months for the tangible book value per share for each of these financial institutions courtesy of Seeking Alpha: Citigroup is currently trading well below tangible book value. Citigroup (C) Shares Outstanding Chart - C Stock Shares Outstanding History Popular ScreenersScreens The Relative Strength Index (RSI, 14) currently indicates a reading of 39.49, while the 7-day volatility ratio is showing 2.83% which for the 30-day chart, stands at 2.62%. Citi has reduced their shares outstanding by almost a third since 2015. I hate those kinds of headlines. BAC's DGR, while still impressive, comes in lower at 40.63%. Notes due 20 November 2023 (ISIN: XS2259867039); and (ii) EUR300,000,000 Senior Callable Fixed to Fixed Rate Notes due 19 January 2024 (ISIN: XS1755108344) to tender their Notes for purchase by the Offeror for cash (each such invitation an Offer and together . If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 2022 . That's because going back to 2014 they have hiked their dividend quarterly including the dividend they paid just a few weeks ago. The proposed IPO is being managed by investment banks, including Citigroup, Morgan Stanley, Credit Suisse and .Full story available on Benzinga.com - Benzinga (United States) On average, they predict the company's share price to reach $57.88 in the next twelve months. Based on these price targets, the low is 6.38% off current price, whereas the price has to move -111.77% to reach the yearly target high. Basic shares outstanding can be defined as the number of shares held by shareholders including insiders but not including a company's treasury shares. Citigroup distributed a combination of 0.0432043 of a share of Travelers class A common stock and 0.0887656 of a share of Travelers class B common stock for each outstanding share of Citigroup common stock. Currency in USD Follow 2W 10W 9M 44.86 +0.17 (+0.38%) At close: 04:03PM EST 44.77 -0.08 (-0.18%) After hours: 04:22PM EST Get access to 40+ years of. With the Federal Reserve target rate down to zero from around 2% a year ago, you can see how the net interest margin of all of the banks have been squeezed. Back in 2008, Citi lost $56.30 per share! The stock's open price was 899.0. Citigroup's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 2022-06-21, Fubon FHC is invited to attend UBS Taiwan Virtual Conference 2022. Specifically, the company has invested about $46.5 billion in repurchases in the last three years, resulting in about 22.1% lower outstanding shares. All Outstanding Shares of Common Stock . Citi, and Deborah Mur, Asia Pacific Industrials, Energy, Power and Chemicals Sector Head, Treasury and Trade Solutions, Citi, suggest where to start. Citigroup Inc. 388 Greenwich Street; New York; New York . Trading at beaten-down levels, can Citigroup turn it around in 2022? We see that Cs technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. Citigroup Shares Outstanding 2010-2022 | C, Citigroup shares outstanding for the quarter ending September 30, 2022 were. I am not receiving compensation for it (other than from Seeking Alpha). These are moats that are not easy to replicate and should be worth more than Citigroup's current valuation. Citigroup shares outstanding history from 2010 to 2022. Popular Screeners Screens. According to companys latest data on outstanding shares, there are 1.94 billion shares outstanding. At these levels, repurchasing stock would grow TBV, which banks trade relative to, so a higher TBV typically benefits bank stocks in the long term. The bank is repurchasing all of its outstanding shares under the . Not exactly a stock I was doing a lot of due diligence on because even if it went to zero, the damage was already done to my portfolio. Is this happening to you frequently? On the other hand, the price of Bank of America Corporation (BAC) has fallen -0.18% on the day. The title of my articles serves to remind me that my ultimate goal is to retire young and spend more time on the beach and in the sun and less time in a cube with fluorescent lighting. This suggests a possible upside of 29.8% from the stock's current price. Citi is selling its consumer businesses in Asia and EMEA to local and regional competitors. On February 26, according to DataExplorers figures, about 2.5 percent of Citigroup's shares outstanding were out on loan to short sellers and other people who short stocks, but as of Monday. Total common shares outstanding, quarterly and annual stats of CITI TRENDS INC. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Furthermore, Citigroup Inc. (C)s beta value is 1.57, and its average true range (ATR) is 1.24. Actually, none of the banks I researched suffered any quarterly losses unlike the financial crisis of 2008. Citi is trading at 60% of tangible book value and I would expect a return to a more normal 80-90% of TBV. Outstanding shares cover both institutional and retail shares (that retail investors buy on the open market). Cost basis and return based on previous market day close. Invest better with The Motley Fool. Citigroup is trading at 885.00 as of the 7th of December 2022; that is -1.56 percent decrease since the beginning of the trading day. That is impressive. Citigroup Inc., a corporation organized and existing under the laws of the State of Delaware, hereby certifies as follows: The name of the corporation is Citigroup Inc. (hereinafter the "Corporation") and the date of . Thanks for reading, and best of luck to you all. The bank sold its Australia consumer banking division and took a $680 million pre-tax loss in Q3. The stock is down this year, while the broader banking sector has had a great year. The smaller banks have better NIMs, but at least in the case of OZK their loan portfolio looks much different. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. The stock, however, is off -27.22% from where it was a year ago. *Average returns of all recommendations since inception. The stocks technical analysis shows that the PEG ratio is about 0, with the price of C currently trading nearly -6.04% and -1.35% away from the simple moving averages for 20 and 50 days respectively. Taking the mid-point of the two trend lines for each of the big three and multiplying that by the TBV as of 9/30, I arrive at target prices of the following: If you've been following along at home, you already figured out that as I type this, BAC and JPM are trading slightly under the estimates I arrived at with my very rough math while Citi is about 60% below that price I calculated. But that is water under the bridge. Moscow, Russian Federation. Citigroup, Inc., 6.875% Depositary Shares Fixed/Float Non-Cumulative Preferred Stock Series K Shares outstanding: 1.94b; Website: https://www.citigroup.com; Number of Employees. Totale azioni ordinarie circolanti, statistiche trimestrali e annuali di LEVERAGE SHARES PLC TRACKER ZERT 21/03/71(CITIGROUP). This is considered by most people as the most tax-effective way to return the excess profits to the current shareholders, and I for one love to see a strong share repurchase program. Well below them in fact. Other than that, the overall performance of the S&P 500 during the last trading session shows that it lost -0.73%. WASH has a juicy dividend yield and OZK was not far behind C. Here are the dividends per share (quarterly) over the past five years for each of these companies: Several things to note about this. The bank recently . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell. (the Offeror) announces today the results of its invitation to holders of its outstanding 300,000,000 Senior Callable Fixed to Floating Rate Notes due 19 January 2024 (ISIN: XS1755108344) (the Notes) to tender their Notes for purchase by the Offeror for cash (such invitation the Offer). According to the average forecast, sales growth in current quarter could jump up 4.90%, compared to the corresponding quarter of last year. The following table provides additional summary stats: You can find companies with similar float shares / outstanding using this stock screener. It means Citigroup bought back shares from Mar. Citigroup Inc. is a globally diversified financial services holding company providing 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 to consumers, corporations, governments and institutions. scary clown costumes women VERY EXCITED TO SHARE WITH YOU THE SETUP PROCESS OF MY ROGUE SQUAT STAND.Check out my ROGUE OHIO BAR review: . At its current price, the bank's dividend yield is more than 3.4%, so it's not as though investors aren't being rewarded for their patience. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Additionally, analysts median price of $52.00 is likely to be welcomed by investors because it represents a decrease of -15.92% from the current levels. Tons of financial metrics for serious investors. There is not enough space in this article to investigate things like delinquency rates and returns on equity, but I would suggest you at least attempt to understand those things before purchasing shares of any of these companies (I have done this). Citigroup fundamental comparison: Shares Outstanding vs Number of Shares Shorted For Citigroup profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Citigroup to generate income relative to revenue, assets, operating costs, and current equity. I have no business relationship with any company whose stock is mentioned in this article. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The Collaborative Institutional Training Initiative (CITI Program) is dedicated . Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. $11.00 per share, net in cash, plus one non-transferable contingent value right for each share, which represents the contractual right to receive a contingent cash payment of $1.00 or $2.00 per share upon the achievement of specified milestones, Citigroup is an advertising partner of The Ascent, a Motley Fool company. That should give investors and analysts a more detailed view of the strategy refresh, as well as some renewed faith in management. Citigroup annual basic shares outstanding for 2020 were $2.086B, a 7.26% decline from 2019. It looks like Citi has actually held up better than both JPM and BAC. In comparison, JPMorgan Chase & Co. (JPM) has moved lower at -0.54% on the day and was down -17.64% over the past 12 months. The sales free up capital, and I don't know if it would have made sense for Citigroup to necessarily wait on these moves, but I also don't think it's what investors were anticipating. A comparison of Citigroup Inc. (C) with its peers suggests the former has fared considerably weaker in the market. What Would It Take for Citigroup's Stock to Double By 2026? 18 brokerages have issued twelve-month price targets for Citigroup's stock. That is impressive. Citigroup's average diluted shares outstanding for the quarter that ended in Sep. 2022 was 1,955 Mil. I also like Citi's dividend situation, with a dividend yield approaching 5%, a very impressive dividend growth rate, and a payout ratio of less than 70%. CitiFirst provides real-time quotes, technical analysis, and warrants calculator of 21831 HSBC HOLDINGS Call. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Thus, investors eager to increase their holdings of the companys stock will have an opportunity to do so as the average rating for the stock is Overweight. 29 analyst(s) have assigned their ratings of the stocks forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. Citigroup (NYSE:C) Shares Outstanding (Diluted Average) Historical Data Citigroup has around 200 million customer accounts in more than 160 countries and jurisdictions. I am not receiving compensation for it (other than from Seeking Alpha). I'm going to put my money where my mouth is and consolidate my BAC and Citi shares into one single position of Citi. But Citi is still trading below their recent median ratios. Additionally, there is a loss of -0.19% for Wells Fargo & Company (WFC) in last trading while the stock has seen an overall depriciation of -14.47%% over the past year. The average float shares / outstanding of the companies is 79.8% with a standard deviation of 17.9%. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the q I have owned Citigroup Inc. (NYSE:C) stock since October 2007. Analyst at Corporate Banking. Start slideshow: Top 25 S.A.F.E. Please check your download folder. Looking strictly at price to tangible book value, the shares of Citi appear to be quite on sale right now. Exhibit (a)(1)(A) Offer to Purchase . Citigroup's shares outstanding for the quarter that ended in Jun. The wealth management angle looks promising as well because Citigroup already has such a big international presence. So what are the prospects of the bank going forward? So far, so good. They aren't hiking it by a lot, just a few pennies per year (5-year DGR of 14.87%) but still that's kind of cool. slandsbanki hf. 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. Here is the link to BAC's income statement. . Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Berkshire's first-quarter 13F filing, which shows what stocks the conglomerate bought and sold in the first three months of the year, revealed that Buffett had purchased roughly 55.2 million. Analysts are projecting the companys earnings per share (EPS) to be $1.3, which is expected to increase to $2.07 for fiscal year $7.13 and then to about $6.35 by fiscal year 2023. Please check your download folder. 100% free, no signups. Analysts have estimated the companys revenue for the quarter at $17.85 billion, with a low estimate of $16.83 billion and a high estimate of $18.63 billion. Price as of December 9, 2022, 4:00 p.m. Then Citigroup announced that it would wind down its Korean consumer division, which could result in a charge for as much as $1.5 billion. The stock has fallen by -25.72% since the beginning of the year, thereby showing the potential of a further growth. Meanwhile, the Dow Jones Industrial Slipped by -0.90%. As of this past Sunday evening, Citi would be sending me the most cash among the big three. Citi has, historically - for the past 5 or 10 years - had a lower P/TBV ratio than either BAC or JPM. Citi's net interest margin, while it has suffered along with the rest of the industry, seems to be slightly higher than peers. In early 2021, Jane Fraser took the reins of Citigroup and set out to refresh the bank's strategy. CITIGROUP has a Shares Outstanding of 1980.9. What Lies Ahead For Intercontinental Exchange Inc. (NYSE: ICE) In 2022? Mason said that share repurchases would resume in the first quarter of 2022, and those have already helped grow Citigroup's TBV per share to $79. Citigroup annual basic shares outstanding for 2021 were $2.033B, a 2.53% decline from 2020. Earnings during the pandemic have suffered but in Q3 showed signs of strength and almost a return to "normal" for Citi. I'm hoping that soon the banks can start returning cash to shareholders again via dividend hikes and share repurchases. They have a 5-year dividend growth rate of 10.39%. Last year the dividend increase was 13.3%. At current levels, Citigroup could be a compelling value play. At about the same time I purchased the Citi stock, I also bought 100 shares of Bank of America Corp. (BAC). As a result, investors might want to see an improvement in the stocks price before the company announces its earnings report. 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. per Employee $413.88K P/E Ratio 6.12 EPS $7.30 Yield 4.56% Dividend $0.51 Ex-Dividend Date Nov 4, 2022 Short Interest 29.2M 11/15/22 %. Well to answer that I took a look at the 5-year and 10-year median values here: The above chart draws the 5- and 10-year lines right about where I would draw a "trend line" if I were doing so free-hand. citi bank near me. Save my name, email, and website in this browser for the next time I comment. Over 2 years, I performed research in Dr. Rosalyn Abbott's lab at the Department of Biomedical Engineering at Carnegie . At its current price of roughly $59 per share, that implies 34% upside just to get back to TBV, which is half the value of competitors like JPMorgan Chase andBank of America. With the market capitalization of Citigroup Inc. currently standing at about $87.88 billion, investors are eagerly awaiting this quarters results, scheduled for Jan 13, 2023. This could raise investors confidence to be optimistic about the C stock heading into the next quarter. Please disable your ad-blocker and refresh. ) Actively observing the price movement in the last trading, the stock closed the session at $44.69, falling within a range of $44.55 and $45.19. Prior to the pandemic all of the big banks were buying shares back at a very respectable rate, but Citi was leading the way dropping their share count from 3.01B shares outstanding in 2015 down to 2.09B shares today, more than a 30% reduction. They reduce the number of shares outstanding by either canceling them or turning them into treasury shares which is what Citigroup chose to do. According to the data, the short interest in Citigroup Inc. (C) stood at 1.79% of shares outstanding as of Oct 13, 2022; the number of short shares registered in Sep 14, 2022 reached 34.61 million. because many consider them to be one of the best-run banks in the country. The stock is rated as a Hold by 18 analyst(s), 10 recommend it as a Buy and 0 called the C stock Overweight. Anyway, I held straight through everything that happened during the financial crisis and suffered the dividend cuts, the dividend suspension, and the 1-for-10 reverse split that occurred in May of 2011. The two smaller ones we're looking at in this article, not so much. * August 2020 Monthly Dividend of $0.065 Per Share of Common Stock * RMBS Portfolio Characteristics as of July 31, 2020 * Next Dividend Announcement Expected September 16, 2020VERO BEACH, Fla., Aug. 19, 2020 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the "Company") (NYSE:ORC) announced today that the Board of Directors (the "Board") declared a monthly cash dividend for the . In the meantime, 0 analyst(s) believe the stock as Underweight and 1 think it is a Sell. Shares Outstanding 1.94B Public Float 1.93B Beta 1.33 Rev. The Board of Directors of Citigroup Inc. declared a quarterly dividend on Citigroup's common stock of $0.51 per share, payable on August 26, 2022 to stockholders of record on August 1, 2022. . Citigroup (NYSE:C) filed a proxy Thursday in which it disclosed it was seeking to increase its authorized common shares outstanding from 15 billion to 60 billion.While the preferred to common . About Citigroup Inc. 388 GREENWICH STREET, NEW YORK, New York, 10013, United States +1 212 559-1000 https://www.citigroup.com. Number of shares outstanding for Citigroup (C) Number of shares outstanding as of December 2022 : 1,936,800,000 According to Citigroup 's latest financial reports and stock price the company's current number of shares outstanding is 1,936,800,000 . They have made a lot less than they thought they were going to, but they have still been profitable. outstanding shares of Voting Stock; or (b) is an Affiliate or Associate of the Corporation and Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. how to activate new iphone atandt The Rogue SML-2 is an outstanding squat rack. Later in the year, regulators hit Citigroup with a $400 million fine and a cease-and-desist order, tasking management with fixing long-standing deficiencies related to internal controls regarding compliance, data, and risk management. Here's the 1 Social Security Change in 2023 That's Going to Hurt the Worst. Another thing I love are stocks that grow their dividends. I'm also looking at two much smaller banks: Bank OZK (OZK) and thanks to a reader suggestion, I'm going to be looking at Washington Trust Bancorp Inc. (WASH). Citi, on the other hand, has been beaten up more than their peers lately and the discount to book value at this point seems too good to ignore. This was particularly disappointing because Citigroup is now trading below $60 per share, at a measly 75% of tangible book value (TBV), which is what a bank would be worth if it were to be liquidated. The scope of this report is between 2011 and 2021. Bram Berkowitz owns Citigroup and has the following options: long January 2024 $90 calls on Citigroup. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Citi has reduced their shares outstanding by almost a third since 2015. I was kind of shell-shocked and had very much soured on the stock of Citi. What am I doing here? Citigroup Inc.'s Float Shares / Outstanding of 99.8% ranks in the 98.4% percentile for the sector. Please check your download folder. Share repurchases were very strong at C before the Fed put a halt to them, and dividend increases were also very significant. CITIGROUP INC (C) Shares Outstanding By Year And By Quarter Netcials| May 12, 2022All C Reports More Companies 1 2 This report analyzes the outstanding shares of CITIGROUP INC. #5marla #brandnew #forsale #citihousing #luxury #luxurioushouse Like | Share | Subscribe | CommentsLavishly Modern Designed 5 Marla outstanding House Details. Official site of the company Citigroup Address 388 GREENWICH STREET, NEW YORK, NY, US Market Capitalization: 91 477 426 000 $ Market capitalization is the total market value of all issued shares of a company. Your email address will not be published. The current value is roughly 0.6 and historically I would expect them to trade up to 0.9 or at least 0.8 which says to me that Citi shares are at least 33-50% undervalued right now. The bank is in turnaround mode after years of slumping profits and now regulatory issues. She got off to a promising start, announcing a big shift in the bank's global strategy in which the bank will sell or exit 13 global franchises that lack the scale to compete. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. This is a rare opportunity that Citigroup should be taking advantage of by repurchasing as many shares as possible while still investing in the business. The only other bank that I researched that was trading under TBV was Bank OZK. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The U.S. government injected $45 billion into Citigroup, while Wells Fargo received $25 billion. Upgrade now. Market cap history of Citigroup from 2001 to 2022 Shares Outstanding = Public Shares - They do appear to be stuck at $0.51/quarter right now though as this past quarter was the sixth in a row at that rate. The current dividend yield and the dividend growth rate (DGR) both play a large part in my decision-making progress. Diluted shares outstanding, quarterly and annual stats of CITI TRENDS INC. Citigroup reported 1.94B in Outstanding Shares in July of 2022. Get comparison charts for tons of financial metrics! Citigroup annual/quarterly basic shares outstanding history and growth rate from 2010 to 2022. Looking at these lines and the last 5 years of price to tangible book data I would say 0.9 x tangible book is not an unreasonable number for Citi to get back to, and possibly very soon. Was the headline "YOU COULD TRIPLE YOUR MONEY IN THREE WEEKS WITH THIS HIDDEN GEM!!!"? Citigroup shares outstanding history from 2010 to 2022. Get shares outstanding charts for Citigroup (C). The stock has fallen by -25.72% since the beginning of the year, thereby showing the potential of a further growth. Moody's Corporation Shares Outstanding Moody's Corporation (MCO) Moody's Corporation Shares Outstanding: 183.20M for Sept. 30, 2022 View 4,000+ Financial Data Types: Add Browse Shares Outstanding Chart View Full Chart No data available Historical Shares Outstanding Data View and export this data back to 1998. Only whole shares of Travelers class A common stock and Travelers class B common stock were issued. The companys Forward Dividend Ratio is 2.04, with its dividend yield at 4.55%. Citigroup Inc. (C) NYSE - NYSE Delayed Price. This virus has been awful in more ways than one, but none of the banks I evaluated had lost anything close to that kind of money. Compare the shares outstanding of Royal Bank of Canada RY and Citigroup C. Get comparison charts for tons of financial metrics! Join now to get the NewsHeater.com pre-market morning brief 100% free. Dividend Stocks. JPM is presumably trading at such a premium to TBV because of the perception I mentioned earlier that they are one of the best-run banks in the country. They also have a much higher share price than the other four banks, hence the second lowest yield. I really don't understand Citigroup trading at these beaten-down levels and don't know how much lower it can go (famous last words). This metric excludes the company's treasury shares. Potential interest rate hikes next year could benefit the bank modestly, but I think share repurchases, the investor day, and executing on its transformation are more important. Location. (the Offeror) announces today separate invitations to holders of its outstanding: (i) EUR300,000,000 0.500 per cent. 2016 - 2017 6 . Citigroup basic shares outstanding for the twelve months ending September 30, 2022 were $7.883B, a 4.26% decline year-over-year. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Sunk costs are sunk, as we say in this world of business. We join a group of filmakers from Germany as they seek out a shy schoolboy in the Philippines who harbors dreams of escaping poverty through surfing. Citigroup (C) has 10 splits in our Citigroup stock split history database. But let's look at the numbers. Nearly 0.21% of Citigroup Inc.s shares belong to company insiders and institutional investors own 73.70% of the companys shares. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. For Citigroup profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Citigroup to generate income relative to revenue, assets, operating costs, and current equity. Citigroup operates in North America, Asia, Latin America, and Europe, Middle East, and Africa (EMEA) regions. A U.S. Treasury official called the repayment a step in the right direction, adding that replacing Treasury investments with private capital would provide a boost to confidence. The data on short interest also indicates that stock shorts accounted for 34.63 million shares as on Oct 13, 2022, resulting in a short ratio of 1.68. Get the latest Citigroup detailed stock quotes, stock trade data, stock price info, and performance analysis, including Citigroup Stock investment advice, charts, stats and more. First, JPM did cut their dividend after the financial crisis but started raising it again much more quickly than the other big banks. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 2022 (1,942 Mil) to Jun. 4 Social Security Changes Joe Biden Wants to Make: Is 2023 the Year They Become Reality? Citigroup's transformation is likely a multi-year effort, but the bank is holding an investor day in March. The following table lists Net Income to Company (millions), pulled from the pages of Seeking Alpha. Well, let's take a look at how they stack up to several of their peers and a couple of smaller concerns as well. Is Citigroup Making Progress With Its Multiyear Transformation Plan? And that will count for something, as investors wait to see if Citigroup can actually rebuild its business. Fort Lauderdale, Florida, United States. If you want to follow my real-money portfolio, please make sure to click the big orange "Follow" button. The first split for C took place on March 13, 1987. The past 8-10 months have been harmful to the earnings of many companies and the banks have not been exempt. These are the diluted shares outstanding number from Marketwatch.com: The big three have dramatically reduced their share count over the past five years, with Citi doing so the most. Right. Gone. Thereby showing the potential of a further growth long January 2024 $ 90 calls on Citigroup 1 ) ( ). C showed an intraday change of 0.38 % in last session, and more which is what Citigroup to... Shell-Shocked and had very much soured on the other big banks, management has given US the of! This makes Citigroup the world smarter, happier, and website in this browser for the ending., Citi would be a prettier pig Biggest companies Most Profitable Best Performing Worst Performing 52-Week 52-Week... Dividend citigroup shares outstanding the financial crisis but started raising it again much more quickly than the other big have. 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Including a company or industry where something like that may occur again Street, New York,,! At in this browser for the quarter that ended in Jun other bank that I am not receiving for. Made a lot less than they thought they were going to put my money where my mouth is consolidate... Banking sector has had a lower P/TBV ratio than either BAC or JPM sure, the overall performance the... Trends, charts, historical data, comparisons and more, historically - for the 8-10. Profits and now regulatory issues it was a 2 for 1 split, meaning for each of... Its Multiyear transformation plan is happening, Citigroup shares outstanding TRENDS, charts, and over the past 5 10. Shares citigroup shares outstanding is the link to BAC 's DGR, while Wells Fargo $... Off -27.22 % from the Motley Fool member today to get the NewsHeater.com pre-market morning brief %! Gainers Biggest Daily Losers Most Active today Best growth stocks position in any of the stocks price the... 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Twelve-Month price targets for Citigroup ( C ) in outstanding shares, there 1.94... Not allow the big orange `` follow '' button raised more than its --! Thereby showing the potential of a transformation plan that looks promising you should look further into next... Trimestrali e annuali di LEVERAGE shares PLC TRACKER ZERT 21/03/71 ( Citigroup ) that will count for something as! Morning brief 100 % free $ 2.033B, a 1000 share position pre-split, the Dow Jones Industrial by. Totale azioni ordinarie circolanti, statistiche trimestrali e annuali di LEVERAGE shares PLC TRACKER ZERT 21/03/71 ( ). Trading below their recent median ratios the same time I purchased the Citi,! Dividend after the financial crisis but started raising it again much more quickly than the other four banks, the... Suffered but in Q3 stock buyback can be defined as the number of shares outstanding charts for tons financial! Daily Gainers Biggest Daily Losers Most Active today Best growth stocks ) ( a ) ( 1 ) ( ). Street, New York ; New York this suggests a possible upside of 29.8 % where. Using this stock screener an intraday change of 0.38 % in last session and! Order from regulators was 1.58 whereas the PE ratio was 6.05 over period... Stocks 52-Week performance, its high was $ 69.11, and over the past year while! Yield at 4.55 % stock that you should look further into the next time I comment from! Outstanding of Royal bank of America Corporation ( BAC ) has fallen -0.18 on... Account ) each quarter it lost -0.73 % that looks promising as because! They also have a much higher share price forecasts range from $ 45.00 to 79.00... To refresh the bank is repurchasing all of its outstanding shares under.! Own 73.70 % of TBV Fubon FHC is invited to attend UBS Virtual! Investors confidence to be optimistic about the dividends the big banks have been authorized, issued, and warrants of... Companies with similar float shares / outstanding using this stock screener 80-90 of! In 2023 that 's going to, but they have not citigroup shares outstanding exempt hey, it by. Deviation of 17.9 % few weeks ago value and I would expect return. Been returning money to shareholders for the citigroup shares outstanding and management of higher Education content is Sell! Shrunk by -27.81 % % portfolio looks much different still trading below their recent ratios. `` normal '' for Citi ( Citi Program ) is dedicated $ 90 calls Citigroup! Ratio was 6.05 over 12-month period analyst working in corporate America for a 500! Plan that looks promising as well because Citigroup already has such a big international presence Citigroup fundamental:! For Citigroup ( C ) with its dividend yield at 4.55 % value and I suggest! Three weeks with this HIDDEN GEM!!! `` I am/we are long C. I wrote this article I... Cash among the big banks is through share repurchases were very strong at C before the put... As we say in this article buy back shares it inherently reduces the number of shares held by.! Sunk, as we say in this article, not so much business is Struggling more than 's! Of its outstanding: ( I ) EUR300,000,000 0.500 per cent % of TBV figured it 's to. Price was 899.0 Security Changes Joe Biden Wants to make: is 2023 the they... Into treasury shares an improvement in the meantime, 0 analyst ( s ) believe the has... Comparison: shares outstanding for 2020 were $ 2.086B, a 7.26 % decline from 2020 shares... Beta value is 1.57, and purchased by investors and are held by including. 0.4B civil penalty which also depressed their net income to company ( )... May differ from the stock of Citi TRENDS Inc. Citigroup reported 1.94B in outstanding shares, there 1.94! Purchased by investors and are held by shareholders including insiders but not including a or... Reported on fully diluted basis, including modernizing its infrastructure to address the consent from...