Company Overview - Citigroup is headquartered in New York and has experienced a price change of 15.68% this year [3] - The current dividend payout is $0.56 per share, resulting in a dividend yield of 2.75%, which is significantly higher than the Financial - Investment Bank industry's yield of 0.85% and the S&P 500's yield of 1.5% [3] Dividend Performance - The annualized dividend of Citigroup is currently $2.24, reflecting a 2.8% increase from the previous year [4] - Over the last 5 years, Citigroup has increased its dividend 2 times year-over-year, with an average annual increase of 1.58% [4] - The current payout ratio is 38%, indicating that Citigroup paid out 38% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Citigroup's earnings per share for 2025 is $7.51, representing a year-over-year growth rate of 26.22% [5] Investment Opportunity - Citigroup is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]

Core Viewpoint - Citigroup has shown strong stock performance recently, with a return of +14.6% over the past month, significantly outperforming the S&P 500 and the Zacks Financial - Investment Bank industry, which gained +1.2% and +9.9% respectively [1] Earnings Estimates - For the current quarter, Citigroup is expected to report earnings of $1.82 per share, reflecting a year-over-year increase of +15.2% [4] - The consensus earnings estimate for the current fiscal year is $7.51, indicating a +26.2% change from the previous year, with a recent upward revision of +4.2% [4] - For the next fiscal year, the earnings estimate is $9.34, which represents a +24.4% increase from the prior year, with a recent change of +5.8% [5] Revenue Growth - The consensus sales estimate for the current quarter is $21.17 billion, showing a year-over-year change of +0.3% [8] - For the current fiscal year, the revenue estimate is $83.91 billion, indicating a +3.4% change, while the next fiscal year's estimate is $87.23 billion, reflecting a +4% change [8] Recent Performance - In the last reported quarter, Citigroup achieved revenues of $19.58 billion, a +12.3% increase year-over-year, and an EPS of $1.34 compared to $0.84 a year ago [9] - The company exceeded the Zacks Consensus Estimate for revenues by +0.14% and had an EPS surprise of +7.2% [10] - Citigroup has consistently beaten consensus EPS and revenue estimates over the past four quarters [10] Valuation - Citigroup is graded D on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [12][13] Conclusion - The strong Zacks Rank 1 suggests that Citigroup may outperform the broader market in the near term, despite its current premium valuation [15]

Company Performance - Citigroup has made significant progress toward its multiyear turnaround goals, with a credible chance of achieving double-digit ROTCE (Return on Tangible Common Equity) in the future [1] Analyst Position - The analyst holds a beneficial long position in shares of JPM and TFC through stock ownership, options, or other derivatives [1] Disclosure - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with mentioned companies [1]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as recommendations or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research and understand the risks involved before investing in any financial instruments [1].

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 22nd:JPMorgan Chase & Co. (JPM) : This financial services giant has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 1.9%, compared with the industry average of 0.9%.Citigroup Inc. (C) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings ...

Lawsuit Overview - Citibank faces a New York state lawsuit for allegedly failing to protect and reimburse fraud victims [1] - A federal judge rejected Citibank's request to dismiss the lawsuit, ruling that the Electronic Fund Transfer Act (EFTA) applies to unauthorized wire transfers through Citibank's consumer accounts [1][2] Allegations Against Citibank - Citibank allegedly lacked protections against account takeovers and misled customers about their rights during account hacks [3] - The bank is accused of unlawfully denying reimbursements to fraud victims [3] - The lawsuit claims Citibank must reimburse fraud victims under the EFTA due to offering wire transfers online and through mobile apps [4] Citibank's Response - Citibank expressed disappointment with the court's decision, stating its industry-standard practices have long been recognized as compliant with applicable law [3] - The bank emphasized its adherence to wire transfer laws, fraud prevention efforts, and assistance in client loss recovery [4] - Citibank highlighted proactive measures to safeguard accounts, including security protocols, fraud prevention tools, and client education [5] Industry Context - The lawsuit highlights the broader issue of wire fraud, which has surged industry-wide in recent years [5] - Citibank's case underscores the importance of robust fraud prevention and customer protection measures in the banking sector [3][5]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Citigroup (C) - Citigroup currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3][4]. - Over the past week, Citigroup shares have increased by 12.03%, outperforming the Zacks Financial - Investment Bank industry, which rose by 7.51% [6]. - In a longer timeframe, Citigroup's monthly price change is 14.65%, significantly higher than the industry's 5.6% [6]. - Over the past quarter, Citigroup shares have risen by 24.67%, and over the last year, they have increased by 51.38%, while the S&P 500 has only moved 2.54% and 25.42%, respectively [7]. Trading Volume - Citigroup's average 20-day trading volume is 12,203,888 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, 7 earnings estimates for Citigroup have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $7.17 to $7.49 [10]. - For the next fiscal year, 4 estimates have moved upwards, with 1 downward revision during the same period [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, Citigroup is positioned as a strong buy candidate with a Momentum Score of A, making it a noteworthy option for investors seeking short-term gains [12].

Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals.Much of this search is happening overseas, Raghavan told Bloomberg in an interview Tuesday (Jan. 21). It’s the latest example of post-election enthusiasm on Wall Street for a revival in dealmaking.In addition to an expected rollback of regulations by the new President Donald Trump administration, Raghavan said a strong dollar and a growing gap in the multiples at ...

Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Investing in fast-moving stocks can be risky if valuations exceed future growth potential, leading to potential losses [2] Group 1: Momentum Investing Strategy - The Zacks Momentum Style Score is effective in identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced stocks [3] - Citigroup (C) has shown a price increase of 14.7% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, Citigroup's stock gained 24.7%, with a beta of 1.43, suggesting it moves 43% more than the market [5] Group 2: Citigroup's Performance Metrics - Citigroup has a Momentum Score of A, indicating a favorable entry point for investors [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - Citigroup is trading at a Price-to-Sales ratio of 0.89, suggesting it is undervalued at 89 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides Citigroup, there are other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]

Citigroup, Inc. (C) shares have gained 8.8% compared with the industry’s growth of 5.8% since the release of its fourth-quarter 2024 results. The company registered top and bottom-line growth in the reported quarter, mainly attributable to a rise in non-interest revenues (NIR), driven by strength in the investment banking (IB) business.Price Performance Image Source: Zacks Investment Research Citigroup’s close peers Bank of America (BAC) and Wells Fargo (WFC) registered strong growth in their quarterly non- ...