Citigroup Inc Stock Price History and Performance Analysis

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Citigroup Inc has a long history of stock price fluctuations. The company's stock price has varied significantly over the years, with its all-time high being $248.84 in 2007.

In 2008, the stock price plummeted to a low of $22.49 due to the financial crisis. This significant drop in stock price was a result of the company's involvement in subprime mortgage-backed securities.

The stock price has since recovered, but not to its previous high. As of 2022, the stock price is around $50-$60, still significantly lower than its 2007 peak.

Stock Performance

Citigroup Inc's stock price has seen significant fluctuations over the years. The current share price is US$71.00.

The 52-week high for Citigroup's stock price was US$73.38, while the 52-week low was US$50.51. This indicates a substantial range of price movement.

Citigroup's beta is 1.42, which suggests that the stock is more volatile than the overall market. Over the past 1 month, the stock price has decreased by 0.70%.

Curious to learn more? Check out: Citigroup Inc News

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The stock price has shown a significant increase over the past 3 months, rising by 13.35%. However, the 1-year change is even more impressive, with a 30.68% increase.

Here's a breakdown of the stock's performance over different time periods:

These figures demonstrate the stock's varying performance over different time frames.

Investor Insights

Citigroup's stock has outperformed the S&P 500 since our latest coverage, and we see additional gains ahead.

The bank's financials show mixed results, with a slight revenue increase.

We can take a cue from Citigroup's performance and consider it as a potential investment opportunity.

Profitability Rank

When evaluating a company's financial health, it's essential to consider its profitability. The company in question has a net margin of 9.93%, which is a decent indicator of its ability to maintain profitability.

This net margin is slightly better than the industry average, which suggests that the company has a competitive edge. However, it's worth noting that this metric alone doesn't tell the full story.

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The company's free cash flow margin is a more concerning metric, coming in at -69.28%. This means that the company is actually burning through cash, rather than generating it. This could be a red flag for investors.

Despite this, the company has a relatively high return on equity (ROE) of 3.84%. This suggests that the company is generating strong profits from its shareholders' equity.

Here's a summary of the company's profitability metrics:

The company has a strong track record of profitability, with 9 years of profitability over the past 10-year period. This suggests that the company has a stable business model and is well-positioned for long-term success.

Shareholder Returns

As an investor, it's essential to understand how your bank is performing compared to the industry and market as a whole. C's shareholder returns are a great place to start.

Over the past 7 days, C's stock has returned 0%, which is in line with the US Banks industry, but slightly lower than the US Market's return of -0.2%.

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However, looking at the bigger picture, C's 1-year return of 30.7% is significantly higher than the US Banks industry's return of 29.1%, and also beats the US Market's return of 25.6%.

Here's a quick comparison of C's shareholder returns over the past year compared to the US Banks industry and the US Market:

As you can see, C has outperformed both the US Banks industry and the US Market over the past year, making it a strong contender in the banking sector.

Banks a Big Buy During Earnings Season

The banks are a big buy during earnings season, thanks to a predicted Fed rate hike and strong economic forecasts.

Better days are predicted ahead for the banks, with many of the factors that propelled them higher this year still in play.

A slight revenue increase and higher costs are part of Citigroup's financials, which show mixed results.

Citigroup's stock has outperformed the S&P 500 since our latest coverage, and we see additional gains ahead.

Citigroup's strategic cost-cutting and divestment efforts have improved efficiency, while a $25 billion partnership with Apollo enhances revenue without affecting capital adequacy.

Despite recent gains, Citigroup is no longer considered a strong buy, but it's still a good opportunity for investors.

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Backdrop Improved, Not a Strong Buy

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Citigroup's strategic cost-cutting and divestment efforts have improved efficiency, while a $25 billion partnership with Apollo enhances revenue without affecting capital adequacy.

The bank's financials show mixed results, but one thing is clear: Citigroup's stock has outperformed the S&P 500 since our latest coverage.

Here are some key metrics that highlight Citigroup's performance:

Citigroup's shareholder returns are also worth noting. Over the past year, the bank's stock has returned 30.7%, outperforming both the US Banks industry (29.1%) and the US Market (25.6%).

Frequently Asked Questions

What was the price of Citigroup stock in 2008?

The closing price of Citigroup stock in 2008 was $51.05 on December 31, 2008. This marked a significant decline of 84.3% from 2006.

What was the price of Citigroup stock in 2011?

The closing price of Citigroup stock in 2011 was $20.08 on December 30, 2011. This price represented a 44.9% decline from the previous year.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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