- Citigroup maintains its quarterly dividend, offering investors a substantial forward yield.
- Analyst price targets suggest significant upside potential for Citigroup shares.
- Current valuation metrics from GuruFocus reveal a slight anticipated downside.
Citigroup Inc. (C, Financial) has declared a quarterly dividend of $0.56 per share, holding steady with previous distributions. Investors will appreciate the forward yield, currently standing at an attractive 3.55%. Shareholders must be recorded by May 5 to receive the payout, which is scheduled for May 23. The ex-dividend date is also set for May 5.
Wall Street Analysts' Predictions
Insights from 18 analysts reveal an average one-year price target for Citigroup Inc. (C, Financial) at $90.12. The projections range from a high of $110.00 to a low of $70.00. These numbers suggest an impressive upside potential of 42.94% from the current trading price of $63.05. For more precise data, please visit the Citigroup Inc. (C) Forecast page.
In terms of brokerage recommendations, Citigroup Inc. receives an average rating of 2.0 from 21 firms, signifying an "Outperform" status. The rating system spans from 1, representing a Strong Buy, to 5, indicating a Sell.
Valuation Analysis and GF Value
According to GuruFocus estimates, the GF Value for Citigroup Inc. (C, Financial) is projected to be $61.85 within a year. This suggests a slight downside of 1.9% relative to the current stock price of $63.05. The GF Value represents GuruFocus's fair value estimate, calculated from historical trading multiples, past growth, and future business performance projections. For a comprehensive view, visit the Citigroup Inc. (C) Summary page.
