Citigroup Remains in a Turnaround; Increasing Fair Value Estimate

Aug 26, 2024 · We are increasing our fair value estimate for Citigroup slightly to $70 per share from $68. Our fair value estimate is equivalent to 0.80 times tangible book value per share as …

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$70
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Citigroup Remains In A Turnaround; Increasing Fair Value Estimate

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Aug 26, 2024 · We are increasing our fair value estimate for Citigroup slightly to $70 per share from $68. Our fair value estimate is equivalent to 0.80 times tangible book value per share as …

morningstar.com

$68
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Citigroup Will Focus On Expense Control In 2024; Increasing Our …

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Apr 4, 2024 · We are increasing our fair value estimate for Citigroup slightly to $68 per share from $66. Our fair value estimate is equivalent to 0.79 times tangible book value per share as of …

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Citi Fair Value | Citigroup Inc (C)

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This value is based on the Peter Lynch's Fair Value formula. With the current market price of 68.28 USD, the upside of Citigroup Inc (C) is -69.08%. As of 2024-11-21, the Fair Value of …

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Citigroup's Turnaround Story Getting Taken A Little More …

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Jul 16, 2024 · At the same time, the shares trade well below fair value (in the $80’s) if Citi can hit an 8% ROTCE target in FY’25, while 10x my ’25 EPS estimate (a roughly 20% discount to …

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Maintaining Our Fair Value Estimate Of $66 For Citigroup

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Nov 30, 2023 · This leads to a fair value estimate of $91 per share, a through-the-cycle return on tangible equity of 10%, and an efficiency ratio of 61%. In other words, this is the case where …

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$70
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Citigroup Earnings: Strength In Trading And Investment

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Oct 15, 2024 · We are maintaining our $70 per share fair value estimate for the bank after incorporating third-quarter results. ... Citigroup Remains in a Turnaround; Increasing Fair …

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Citigroup: I’m A Fan Of Q4 Results Despite The Bank ... - Seeking …

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Jan 17, 2024 · Using Citi's current share price of $52.62, an updated 2024 EPS estimate of $6.02, a realistic "r" value of 0.04 (4%) and the current Moody's Seasoned AAA Corporate Bond Yield …

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4 Undervalued Stocks That Just Raised Dividends | Morningstar

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Aug 19, 2024 · Citigroup. Morningstar Rating: 4 stars; Fair Value Estimate: $68.00; Economic Moat: None; Morningstar Uncertainty Rating: Medium “Citigroup is amid a major turnaround …

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Citigroup Earnings: Turnaround Remains Complex, Expense …

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Jan 16, 2024 · Citi remains a complex turnaround story with substantial execution-related uncertainties. We do not plan to materially change our $66 fair value estimate as we …

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$66.93
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Citigroup (NYSE:C) - Stock Price, News & Analysis - Simply Wall St

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Current Share Price: US$66.9352 Week High: US$80.29Beta: 1.7952 Week Low: US$57.40

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FAQs about Citigroup Remains in a Turnaround; Increasing Fair Value Estimate Coupon?

Why did Citigroup's shares fall 2% in 2024?

Despite overall solid results, Citigroup's shares fell nearly 2% after the bank cautioned that full-year 2024 costs might reach the higher end of their projected range, which should bring operating expenses to around $53.5 to $53.8 billion. ...

Will Citigroup's returns and revenue growth be lower than peers?

Citigroup's returns and revenue growth will be lower than peers', and there remains room for negative surprises on expenses as the bank invests in regulatory and growth initiatives. Remove the guesswork and make informed decisions faster. ...

Is Citigroup a good buy for FY 2024?

Despite concerns about higher costs for FY 2024, Citigroup's outlook remains strong, with FY EPS likely expanding to $6.05 and ROCE to >10%. Following the earnings beat, the fair implied share price for Citigroup is calculated at $92, leading to a strong "Buy" rating. ...

Is Citigroup getting credit for a multiyear turnaround?

It has taken a painfully long time, and there is still a lot of work to do, but Citigroup ( NYSE: C) is finally getting some credit for the multiyear turnaround efforts that have significantly changed the bank’s earning profile today and into the future. ...

Should Citigroup sell off noncore units?

Simplifying the business and selling off noncore units should help Citigroup free up extra capital and derisk the business, which should lead to an opportunity for share repurchases and a lower required discount rate. The shares trade at far less than tangible book value, not a hard hurdle to clear. ...

What affects Citigroup's profitability?

From a macroeconomic perspective, the bank’s profitability will be affected by the interest-rate cycle and the effects of credit and debt cycles, none of which are under management’s control. Most lines of business at Citigroup are economically sensitive. The bank is also subject to the Federal Reserve’s annual stress test. ...