After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Citigroup Inc. (C) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.04%, to $44.47. The Citigroup Inc. has recorded 494,754 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico as It Executes Strategy to Simplify Firm and Deliver Value to Shareholders.
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C belongs to the Financial sector of the NYSE while operating in the Banks – Diversified industry. At the end of the last regular session, the stock closed at $44.49 and fluctuated between $45.24 as its day high and $44.21 as its day low. The current market capitalization of Citigroup Inc. is $87.90B. A total of 23.68 million shares were traded on the day, compared to an average of 19.00M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, C has seen 22 BUY and 3 SELL insider trades, representing the acquisition of 71,896 and the disposition of 16,576 shares. Over the last 12 months, there were 100 BUYs and 29 SELLs from insiders. Insiders purchased 1,505,393 shares during that period but sold 264,495.
In the most recent transaction, Turek Zdenek sold 12,000 shares of C for 49.87 per share on Apr 18. After the transaction, the Chief Risk Officer now owns 155,979 company shares. In a previous transaction on Feb 21, Wechter Sara sold 2,950 shares at 50.77 per share. C shares that Head of Human Resources owns now total 82,779.
Among the insiders who sold shares, COLE TITILOPE disposed of 11,903 shares on Feb 17 at a per-share price of $51.10. This resulted in the CEO, Legacy Franchises holding 65,764 shares of C after the transaction. In another insider transaction, COLE TITILOPE sold 98 shares at $51.18 per share on Feb 17. Company shares held by the CEO, Legacy Franchises now total 93.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Citigroup Inc. pays an annual dividend of $2.04, resulting in a dividend yield of 4.59%, and it has a price to earnings (P/E) ratio of 6.11. C’s most recent ex-dividend date was 4/28/2023 when it declared a $0.51 quarterly dividend that was paid in cash on 5/26/2023. Previously, the company paid the dividend on 2/24/2023 with an ex-dividend date of 2/3/2023. The C stock dividend was $0.51 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for C in the last 3 months, the mean price target is $56.84 with high estimates of $95.00 and low estimates of $45.00. In terms of 52-week highs and lows, C has a high of $54.56 and a low of $40.01.
As of this writing, C has an earnings estimate of $1.65 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.94 per share and a lower estimate of $1.36. The company reported an EPS of $1.16 in the last quarter, which was 1.80% higher than expectations of $1.14.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $96.76, while its Total Shareholder’s Equity was $202.67B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for C is Buy with a score of 3.50.