Citigroup Inc (NYSE:C) – Equities researchers at Jefferies Group issued their Q1 2018 EPS estimates for Citigroup in a research report issued on Tuesday. Jefferies Group analyst K. Usdin expects that the financial services provider will post earnings of $1.58 per share for the quarter. Jefferies Group currently has a “Neutral” rating and a $81.00 price target on the stock. Jefferies Group also issued estimates for Citigroup’s Q2 2018 earnings at $1.54 EPS, Q3 2018 earnings at $1.59 EPS and Q4 2018 earnings at $1.39 EPS.

C has been the topic of a number of other research reports. Atlantic Securities reaffirmed an “overweight” rating and issued a $85.00 price objective (up previously from $75.00) on shares of Citigroup in a research note on Tuesday, September 26th. Bank of America reaffirmed a “neutral” rating on shares of Citigroup in a research note on Wednesday, October 11th. ValuEngine raised Citigroup from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Barclays lifted their target price on Citigroup from $76.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Finally, Raymond James Financial initiated coverage on Citigroup in a report on Tuesday, October 31st. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $78.02.

Citigroup (NYSE:C) traded up $0.54 during trading hours on Friday, reaching $76.10. The company’s stock had a trading volume of 2,843,026 shares, compared to its average volume of 15,066,925. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.11. Citigroup has a 1-year low of $55.23 and a 1-year high of $77.92. The company has a market cap of $199,780.00, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 1.30 and a beta of 1.56.

Citigroup (NYSE:C) last released its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.10. Citigroup had a return on equity of 7.48% and a net margin of 18.11%. The business had revenue of $18.17 billion for the quarter, compared to the consensus estimate of $17.87 billion. During the same quarter in the previous year, the company posted $1.24 EPS. The company’s revenue was up 2.3% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Catamount Wealth Management bought a new stake in Citigroup during the 2nd quarter valued at $100,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Citigroup by 206.0% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,530 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 1,030 shares in the last quarter. Balentine LLC raised its position in Citigroup by 20.2% during the 2nd quarter. Balentine LLC now owns 1,617 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 272 shares in the last quarter. Acrospire Investment Management LLC raised its position in Citigroup by 21.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 300 shares in the last quarter. Finally, Sawyer & Company Inc bought a new stake in Citigroup during the 4th quarter valued at $117,000. Institutional investors own 78.54% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was stolen and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this piece can be read at https://www.watchlistnews.com/citigroup-inc-c-to-post-q1-2018-earnings-of-1-58-per-share-jefferies-group-forecasts/1804360.html.

Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s 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.

Receive News & Ratings for Citigroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citigroup and related companies with MarketBeat.com's FREE daily email newsletter.