Date | Price Target | Rating | Analyst |
---|---|---|---|
4/4/2024 | $58.00 → $60.00 | In-line | Evercore ISI |
3/25/2024 | $70.00 → $80.00 | Overweight | Wells Fargo |
3/14/2024 | $68.00 | Neutral → Buy | Goldman |
2/14/2024 | $56.00 → $63.00 | Neutral → Overweight | Piper Sandler |
1/30/2024 | $46.00 → $65.00 | Underweight → Overweight | Morgan Stanley |
1/10/2024 | $57.00 | Outperform → Market Perform | BMO Capital Markets |
1/9/2024 | $42.00 → $61.00 | Hold → Buy | HSBC Securities |
1/8/2024 | Hold → Sell | Societe Generale |
Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the "Preferred Stock"). The redemption date is September 12, 2024 for the Preferred Stock and related Depositary Shares (the "Redemption Date"). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000. Holders of record on August 30, 2024, will receive the previously declared regular semi-annual dividend of $25.00 per Depositary Share payable on the Redemption Date. The redemption announced today is consistent with Citig
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.56 per share, payable on August 23, 2024 to stockholders of record on August 5, 2024. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as follows: – 6.300% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series M, payable August 15, 2024, to holders of record on August 5, 2024. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $23.01786333 for each receipt held. – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable August 15, 2024, to ho
Today Citi reported second quarter 2024 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical and business-related information, as well as business and segment trends, is also available. Citi will host a conference call today at 11 a.m. (ET) to review these results. To attend the live webcast please visit https://www.veracast.com/webcasts/citigroup/webinars/Citi2Q24.cfm. A replay and transcript of the webcast will be available shortly after the event. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth manageme
Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the "Preferred Stock"). The redemption date is September 12, 2024 for the Preferred Stock and related Depositary Shares (the "Redemption Date"). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000. Holders of record on August 30, 2024, will receive the previously declared regular semi-annual dividend of $25.00 per Depositary Share payable on the Redemption Date. The redemption announced today is consistent with Citig
Citi Issuer Services, acting through Citibank, N.A., has been appointed as depositary bank by NIP Group Inc. ("NIP") for its American Depositary Receipt ("ADR") program. NIP is a leading Chinese esports organization with an expansive global footprint that spans Asia, Europe, and South America. NIP's American Depositary Shares ("ADSs") trade on the Nasdaq under the ticker "NIPG". Each ADS represents two (2) Class A ordinary shares of NIP. The company was listed on the Nasdaq on July 26, 2024, with an initial public offering price of US$9.00 per ADS. This was in connection to a total offering size of US$21.89 million, including the partial exercise of an over-allotment option. Mario Ho, C
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.56 per share, payable on August 23, 2024 to stockholders of record on August 5, 2024. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as follows: – 6.300% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series M, payable August 15, 2024, to holders of record on August 5, 2024. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $23.01786333 for each receipt held. – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable August 15, 2024, to ho
FWP - CITIGROUP INC (0000831001) (Subject)
FWP - CITIGROUP INC (0000831001) (Subject)
FWP - CITIGROUP INC (0000831001) (Subject)
Former Citigroup executive brings nearly 30 years of alternative asset experience to the private market platform. Yieldstreet, the leading private market investing platform, today announced the appointment of Ted Yarbrough as its Chief Investment Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230510005310/en/Photo of Ted Yarbrough, Yieldstreet Chief Investment Officer (Photo: Business Wire) Yarbrough brings to Yieldstreet nearly three decades of experience at Citigroup ((C) and its predecessor companies, holding a variety of leadership roles across the firm's banking, markets, and lending businesses. During his tenure
NEW YORK , June 2, 2022 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced the appointment of Citigroup's (NYSE:C) Titi Cole to its Board of Directors. Cole is Citigroup's CEO of Legacy Franchises, overseeing the bank's consumer business in Asia, Europe, Middle East, Africa and Mexico. She is a member of Citigroup's Executive Management Team and also serves as a Member of the Board of Grupo Financiero Citibanamex, S.A. de C.V. and Banco Nacional de México, S.A. "Driving digital transformation has been a key
Nathan Sheets Rejoins Citi after Roles in Public and Private Sectors Today Citi announced that Nathan Sheets, PhD will be returning to the firm as its new Global Chief Economist, based in New York, overseeing the global Economics team and leading research across all areas of economics. Sheets re-joins Citi from PGIM Fixed Income, where he was Chief Economist and Head of Global Macroeconomics Research for the past four years. Prior to PGIM Fixed Income, Sheets served as Undersecretary of the US Treasury for International Affairs under President Barack Obama. He was last with Citi from 2011 to 2014 as Global Head of International Economics. "It's great to be back at Citi and I look forward
4 - CITIGROUP INC (0000831001) (Issuer)
4 - CITIGROUP INC (0000831001) (Issuer)
4 - CITIGROUP INC (0000831001) (Issuer)
SC 13G/A - CITIGROUP INC (0000831001) (Subject)
SC 13G/A - CITIGROUP INC (0000831001) (Subject)
SC 13G/A - CITIGROUP INC (0000831001) (Filed by)
Delta Air Lines Inc (NYSE:DAL) is about to face significant financial repercussions this quarter due to a recent system failure that resulted in thousands of flight cancellations and triggered a federal investigation into the airline’s response. Citigroup Inc (NYSE:C) reduced its estimates for Delta's third-quarter adjusted earnings by 60 cents per share to $1.37, citing increased operational expenses and potential customer compensation costs, reported Bloomberg. Analyst Stephen Trent also cut two profit metrics by approximately $500 million each. The financial setback adds to Delta’s woes as flight disruptions start to subside. Delta CEO Ed Bastian stated on Wednesday cancellations
Whales with a lot of money to spend have taken a noticeably bullish stance on Citigroup. Looking at options history for Citigroup (NYSE:C) we detected 15 trades. If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 46% with bearish. From the overall spotted trades, 7 are puts, for a total amount of $1,026,718 and 8, calls, for a total amount of $1,799,454. Predicted Price Range After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $72.5 for Citigroup, spanning the last three months. Volume & Open Interest Development L
Citigroup Inc. (NYSE:C) shares are trading higher today. The bank reportedly agreed with the Bourse de Montreal to settle claims of failing to report large options contract positions. The exchange noted that Citigroup lacked a system to ensure employee compliance with reporting rules, reported Reuters. As part of the settlement, Citi will pay a $138,000 fine and $10,600 in related costs. Last week, the U.S. bank regulator Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) have fined Citigroup $135.6 million for failing to comply with a 2020 enforcement action. The fine includes the $60.6 million fine from the Federal Reserve and additional penalties imp
Evercore ISI reiterated coverage of Citigroup with a rating of In-line and set a new price target of $60.00 from $58.00 previously
Wells Fargo reiterated coverage of Citigroup with a rating of Overweight and set a new price target of $80.00 from $70.00 previously
Goldman upgraded Citigroup from Neutral to Buy and set a new price target of $68.00