Citigroup Inc Stock Fair Value Calculator – Citigroup Surprises with 4% Yield: Analyst Recommends Buy Now for 2024
January 5, 2024
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The company’s stock is listed on the New York Stock Exchange, and is one of the most widely held stocks in the world. Recently, Citigroup ($NYSE:C) has surprised investors with its four percent yield, making it a top pick for analysts looking for return on their investments. This news has caused some investors to consider purchasing Citigroup stock in 2024, in hopes of benefiting from the 4% yield. When making a decision regarding Citigroup’s stock, it is important to consider the price. This makes it an attractive option for investors looking to purchase the stock in 2024.
Additionally, due to its top analyst pick status and four percent yield, Citigroup provides investors with an opportunity to benefit from a high return on their investments. Overall, Citigroup remains an attractive option for investors looking to purchase the stock in 2024. With a four percent yield and top analyst pick status, purchasing Citigroup stock at current prices could potentially provide investors with a high return on their investments. Therefore, it is advisable to purchase Citigroup stock now in order to benefit from its potential growth and returns in 2024.
Analysis – Citigroup Inc Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of CITIGROUP INC‘s wellbeing in order to determine its fair value. Our proprietary Valuation Line has calculated the fair value of CITIGROUP INC’s share to be around $54.4. Currently, CITIGROUP INC stock is traded at $53.8, which is considered to be a fair price. We believe that this is a good opportunity for potential investors to buy shares in this company. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Citigroup Inc. More…
| Total Revenues | Net Income | Net Margin |
| – | 13.32k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Citigroup Inc. More…
| Operations | Investing | Financing |
| 25.07k | -79.45k | 137.76k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Citigroup Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.37M | 2.16M | – |
Key Ratios Snapshot
Some of the financial key ratios for Citigroup Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.1% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Peers
Its competitors are JPMorgan Chase & Co, Bank of America Corp, Wells Fargo & Co.
– JPMorgan Chase & Co ($NYSE:JPM)
JPMorgan Chase & Co is an American multinational investment bank and financial services company headquartered in New York City. The company has a market cap of 369.23B as of 2022. JPMorgan Chase & Co. operates as a financial holding company that provides banking and financial services to consumers, businesses, and governments worldwide. The company operates in four segments: Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking, and Asset & Wealth Management.
– Bank of America Corp ($NYSE:BAC)
As of 2022, Bank of America Corp has a market cap of 289.13B. The company is a financial institution that provides banking and investment services to individuals, businesses, and governments. Bank of America Corp has operations in more than 35 countries and serves customers in more than 150 countries. The company has more than 200 million customer accounts and more than 5,000 branches.
– Wells Fargo & Co ($NYSE:WFC)
Wells Fargo & Co is a diversified financial services company with operations in retail banking, commercial banking, asset management, and home mortgage lending. The company has a market capitalization of approximately $174.55 billion as of February 2022. Wells Fargo is one of the largest banks in the United States by assets and is headquartered in San Francisco, California.
Summary
Citigroup Inc (C) is a world-leading financial services provider offering an array of products and services to consumers, corporations, governments and institutions. Analysts have pegged C as a top analyst pick for 2024, predicting a 4% yield and potential upside. Investors should take into account the current economic and political environment when considering adding C to their portfolios. Analysts recommend considering C at its current prices and looking for potential catalysts like positive earnings or increased demand for financial services to drive the stock higher. Doing fundamental analysis, including assessing the company’s financial health, management team, and competitive landscape is recommended.
Watching for news on mergers and acquisitions and other strategic decisions by the company can also be helpful in predicting price movement. Monitor revenue growth, net income, dividend payments, and other key metrics to assess the health of the company. Finally, consider the overall climate of the market and factor in risk before making any decisions.
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