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. Well, let's take a look at how they stack up to several of their peers and a couple of smaller concerns as well. Citigroup shares outstanding history from 2010 to 2022. The stock has fallen by -25.72% since the beginning of the year, thereby showing the potential of a further growth. outstanding shares of Voting Stock; or (b) is an Affiliate or Associate of the Corporation and They have not raised every quarter but they have raised more than once a year at times. Oyster Point Pharma, Inc. at . Dividend Stocks. 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. At current levels, Citigroup could be a compelling value play. The companys Forward Dividend Ratio is 2.04, with its dividend yield at 4.55%. If you'll notice the line for OZK is kind of smooth rather than stair-stepped. 2022 (1,937 Mil). #brandnew #houseforsale #5marla #forsale #citihousing #gujranwala Like | Share | Subscribe | CommentsLavishly Modern Designed 5 Marla outstanding House Detai. So for the last nearly 10 years, I have owned 5 shares of Citi. Citigroup's transformation is likely a multi-year effort, but the bank is holding an investor day in March. 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 . 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 relatively narrow footprint won't take too much space and the 1000 lbs weight capacity is more . 2022 was 1,937 Mil.. Citigroup's quarterly shares outstanding declined from Mar. 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). The Collaborative Institutional Training Initiative (CITI Program) is dedicated . The Motley Fool has a disclosure policy. 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 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. Please check your download folder. 100% free, no signups. Other than that, the overall performance of the S&P 500 during the last trading session shows that it lost -0.73%. Citigroup Shares Outstanding 2010-2022 | C, Citigroup shares outstanding for the quarter ending September 30, 2022 were. 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) We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. What am I doing here? No. 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. Total common shares outstanding, quarterly and annual stats of CITI TRENDS INC. 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Citigroup has around 200 million customer accounts in more than 160 countries and jurisdictions. TG Therapeutics Inc. (NASDAQ: TGTX) Stock: Looks Like A Good Investment. I'm hoping that soon the banks can start returning cash to shareholders again via dividend hikes and share repurchases. 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. Click here for full details and to join for free. Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. On average, they predict the company's share price to reach $57.88 in the next twelve months. Meanwhile, the Dow Jones Industrial Slipped by -0.90%. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. Citi is selling its consumer businesses in Asia and EMEA to local and regional competitors. About Citigroup Inc. 388 GREENWICH STREET, NEW YORK, New York, 10013, United States +1 212 559-1000 https://www.citigroup.com. The following table provides additional summary stats: You can find companies with similar float shares / outstanding using this stock screener. 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. Shares outstanding: 1.94b; Website: https://www.citigroup.com; Number of Employees. The U.S. government injected $45 billion into Citigroup, while Wells Fargo received $25 billion. Still, management has given us the shell of a transformation plan that looks promising. Spot on. 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. 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. I hate those kinds of headlines. 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%. 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. Upgrade now. Should You Buy the 5 Highest-Paying Dividend Stocks in the S&P 500? 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. The smaller banks have better NIMs, but at least in the case of OZK their loan portfolio looks much different. Get shares outstanding charts for Citigroup (C). 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. I have no business relationship with any company whose stock is mentioned in this article. The value of beta (5-year monthly) was 1.58 whereas the PE ratio was 6.05 over 12-month period. All Outstanding Shares of Common Stock . 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. Tons of financial metrics for serious investors. Citigroup fundamental comparison: Shares Outstanding vs Number of Shares Shorted BAC's DGR, while still impressive, comes in lower at 40.63%. Citi partners with Vietnam. The shares purchased in a stock buyback can be used to compensate employees or as a form of investment . Price as of December 9, 2022, 4:00 p.m. 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. Shares Outstanding = Public Shares - I'm also looking at two, ) and thanks to a reader suggestion, I'm going to be looking at Washington Trust Bancorp Inc. (. Sunk costs are sunk, as we say in this world of business. 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. Specifically, the company has invested about $46.5 billion in repurchases in the last three years, resulting in about 22.1% lower outstanding shares. Diluted shares outstanding, quarterly and annual stats of CITI TRENDS INC. Responsible for the development and management of Higher Education content. CITIGROUP Shares Outstanding charts, historical data, comparisons and more at Zacks Advisor Tools. 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. Citigroup operates in North America, Asia, Latin America, and Europe, Middle East, and Africa (EMEA) regions. 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. The stock's open price was 899.0. Citigroup's average diluted shares outstanding for the quarter that ended in Sep. 2022 was 1,955 Mil. 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. 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. We see that Cs technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. 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. But Citi is still trading below their recent median ratios. 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. 2022 to Jun. CITIGROUP has a Shares Outstanding of 1980.9. Analyst at Corporate Banking. Citi ( C,. Start slideshow: Top 25 S.A.F.E. According to companys latest data on outstanding shares, there are 1.94 billion shares outstanding. 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. Awesome time to buy a financial stock by the way. Citigroup annual basic shares outstanding for 2020 were $2.086B, a 7.26% decline from 2019. Please disable your ad-blocker and refresh. ) Get 20 years of historical shares outstanding charts for C stock and other companies. slandsbanki hf. Citigroup is a global financial services company doing business in . Only whole shares of Travelers class A common stock and Travelers class B common stock were issued. The bank is in turnaround mode after years of slumping profits and now regulatory issues. Looking For A Top Momentum Stock? 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. Citigroup fundamental comparison: Shares Outstanding vs Market Capitalization. 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. 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. CitiFirst provides real-time quotes, technical analysis, and warrants calculator of 21831 HSBC HOLDINGS Call. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Over 2 years, I performed research in Dr. Rosalyn Abbott's lab at the Department of Biomedical Engineering at Carnegie . . On the whole, C has fluctuated by -1.10% over the past month. To make the world smarter, happier, and richer. 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. of . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Check Out Urban Outfitters Inc. (NASDAQ: URBN). I was kind of shell-shocked and had very much soured on the stock of Citi. 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 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. 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. This suggests a possible upside of 29.8% from the stock's current price. Additionally, Citi had a $0.4B civil penalty which also depressed their net income in Q3. I have owned Citigroup Inc. (NYSE:C) stock since October 2007. This makes Citigroup the world's 153th most valuable company by market cap according to our data. What I am saying is that Citi is looking kind of like a bargain right here, but you should do your own due diligence. How much money is this company putting in my pockets (or brokerage account) each quarter? Thanks for reading, and best of luck to you all. Citigroup annual/quarterly basic shares outstanding history and growth rate from 2010 to 2022. Thankfully, Citi and all of the banks are much better capitalized these days. The scope of this report is between 2011 and 2021. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Citi has reduced their shares outstanding by almost a third since 2015. Please check your download folder. . 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. (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). As a result, investors might want to see an improvement in the stocks price before the company announces its earnings report. Well below them in fact. Here's the 1 Social Security Change in 2023 That's Going to Hurt the Worst. Citigroup is the primary dealer in US Treasury securities. 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. 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. So they start with a higher floor in this graph. Citigroup came into 2021 facing several challenges. Join now to get the NewsHeater.com pre-market morning brief 100% free. Once the firm decides to buy back shares it inherently reduces the number of shares outstanding. 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. While the transformation plan is happening, Citigroup can repurchase shares and continue to meaningfully grow TBV. Their C share price forecasts range from $45.00 to $79.00. Invest better with The Motley Fool. This was a 2 for 1 split, meaning for each share of C owned pre-split, the shareholder now owned 2 shares. That said, they have a 5-year dividend growth rate (DGR) of 16.17% according to Seeking Alpha. I would suggest that if you are looking for a bank stock that you should look further into the prospects of Citi. At about the same time I purchased the Citi stock, I also bought 100 shares of Bank of America Corp. (BAC). (the Offeror) announces today separate invitations to holders of its outstanding: (i) EUR300,000,000 0.500 per cent. 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). Citi, and Deborah Mur, Asia Pacific Industrials, Energy, Power and Chemicals Sector Head, Treasury and Trade Solutions, Citi, suggest where to start. Fort Lauderdale, Florida, United States. *Average returns of all recommendations since inception. Bram Berkowitz owns Citigroup and has the following options: long January 2024 $90 calls on Citigroup. Basic shares outstanding can be defined as the number of shares held by shareholders including insiders but not including a company's treasury shares. Furthermore, Citigroup Inc. (C)s beta value is 1.57, and its average true range (ATR) is 1.24. ET, Citigroup's Latest Rebuke Is Also Not a Huge Surprise. The following table lists Net Income to Company (millions), pulled from the pages of Seeking Alpha. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Market cap history of Citigroup from 2001 to 2022 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. Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. 2022-06-21, Fubon FHC is invited to attend UBS Taiwan Virtual Conference 2022. Outstanding shares cover both institutional and retail shares (that retail investors buy on the open market). WASH is a bit of a hybrid. 4 Social Security Changes Joe Biden Wants to Make: Is 2023 the Year They Become Reality? Your email address will not be published. And that will count for something, as investors wait to see if Citigroup can actually rebuild its business. 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. I am not receiving compensation for it (other than from Seeking Alpha). Compare the shares outstanding of Citigroup C and Waste Management WM. In early 2021, Jane Fraser took the reins of Citigroup and set out to refresh the bank's strategy. I certainly think 0.8 x is well within reason. Earnings during the pandemic have suffered but in Q3 showed signs of strength and almost a return to "normal" for Citi. The stock is down this year, while the broader banking sector has had a great year. This metric excludes the company's treasury shares. The bank recently . That should give investors and analysts a more detailed view of the strategy refresh, as well as some renewed faith in management. 2022 (1,942 Mil) to Jun. 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. This could raise investors confidence to be optimistic about the C stock heading into the next quarter. 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. Oct 2017 - May 20202 years 8 months. Please check your download folder. 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's shares outstanding is 1.937 billion. We do not want to invest in a company or industry where something like that may occur again. 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. At the end of 2022 the company had 1,941,500,000 shares outstanding . Was the headline "YOU COULD TRIPLE YOUR MONEY IN THREE WEEKS WITH THIS HIDDEN GEM!!!"? 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. 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. That's because going back to 2014 they have hiked their dividend quarterly including the dividend they paid just a few weeks ago. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 2016 - 2017 6 . The Fed did not allow the big banks to repurchase shares during Q3, but reading through the. Learn More. 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. 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. #5marla #brandnew #forsale #citihousing #luxury #luxurioushouse Like | Share | Subscribe | CommentsLavishly Modern Designed 5 Marla outstanding House Details. 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%. 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%. 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. So far, so good. It looks like Citi has actually held up better than both JPM and BAC. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Actually, none of the banks I researched suffered any quarterly losses unlike the financial crisis of 2008. 2022 . All Stock Screeners . They reduce the number of shares outstanding by either canceling them or turning them into treasury shares which is what Citigroup chose to do. Phreesia Inc. (NYSE: PHR) Is Expected To Hit 40.00 USD!! So Citi once again looks good here. 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. Citigroup Inc. (C) NYSE - NYSE Delayed Price. 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. Citigroup fundamental comparison: Shares Outstanding vs Beta. Get comparison charts for tons of financial metrics! Making the world smarter, happier, and richer. So what are the prospects of the bank going forward? 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. 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. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. 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 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. 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. Upgrade now. I have no business relationship with any company whose stock is mentioned in this article. 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. As of this past Sunday evening, Citi would be sending me the most cash among the big three. 18 brokerages have issued twelve-month price targets for Citigroup's stock. Location. All this may strike you as putting lipstick on a pigbut hey, it will be a prettier pig. 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