After Hours
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 intact, with the stock’s consolidated last price rising by $0.10, or 0.25%, to $39.70. The Citigroup Inc has recorded 1,575,280 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Chesapeake Utilities Corporation is an Industry Anchor Partner of the Infrastructure Funded Mid-Atlantic Clean Hydrogen Hub.
Stocks Info
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 $39.60 and fluctuated between $39.84 as its day high and $39.28 as its day low. The current market capitalization of Citigroup Inc is $76.26B. A total of 15.97 million shares were traded on the day, compared to an average of 17.08M shares.
Insider Activity
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 18 BUY and 0 SELL insider trades, representing the acquisition of 8,125 and the disposition of 0 shares. Over the last 12 months, there were 103 BUYs and 27 SELLs from insiders. Insiders purchased 1,494,708 shares during that period but sold 245,090.
In the most recent transaction, MORTON ANDREW JOHN sold 28,096 shares of C for 40.66 per share on Oct 18. After the transaction, the Head of Markets now owns 410,060 company shares. In a previous transaction on Apr 18, Turek Zdenek sold 12,000 shares at 49.87 per share. C shares that Chief Risk Officer owns now total 155,979.
Among the insiders who sold shares, Wechter Sara disposed of 2,950 shares on Feb 21 at a per-share price of $50.77. This resulted in the Head of Human Resources holding 82,779 shares of C after the transaction. In another insider transaction, COLE TITILOPE sold 11,903 shares at $51.10 per share on Feb 17. Company shares held by the CEO, Legacy Franchises now total 65,764.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Citigroup Inc pays an annual dividend of $1.97, resulting in a dividend yield of 4.97%, and it has a price to earnings (P/E) ratio of 6.28. C’s most recent ex-dividend date was 11/3/2023 when it declared a $0.53 quarterly dividend that was paid in cash on 11/22/2023. Previously, the company paid the dividend on 8/25/2023 with an ex-dividend date of 8/4/2023. The C stock dividend was $0.53 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 $50.30 with high estimates of $82.00 and low estimates of $42.00. In terms of 52-week highs and lows, C has a high of $53.23 and a low of $38.17.
As of this writing, C has an earnings estimate of $1.08 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.27 per share and a lower estimate of $0.84. The company reported an EPS of $1.33 in the last quarter, which was 2.30% higher than expectations of $1.3.
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 $99.28, while its Total Shareholder’s Equity was $202.67B.
Analysts Opinion
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 3.47.
