NASDAQ:CTRN - Citi Trends Stock Price, Price Target & More

Citi Trends trades on the NASDAQ under the ticker symbol "CTRN."

Citi Trends announced a quarterly dividend on Wednesday, May 23rd. Stockholders of record on Tuesday, June 5th will be paid a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, June 4th. View Citi Trends' Dividend History.

Citi Trends announced that its board has authorized a stock buyback plan on Friday, March 16th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) released its quarterly earnings results on Wednesday, May, 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.07. The firm had revenue of $211.03 million for the quarter, compared to analysts' expectations of $210.70 million. Citi Trends had a net margin of 2.22% and a return on equity of 9.32%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 EPS. View Citi Trends' Earnings History.

Citi Trends issued an update on its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.60.

1 Wall Street analysts have issued 1 year price targets for Citi Trends' stock. Their predictions range from $32.00 to $32.00. On average, they expect Citi Trends' share price to reach $32.00 in the next year. View Analyst Ratings for Citi Trends.

Some companies that are related to Citi Trends include Express (EXPR), Zumiez (ZUMZ), Ascena Retail Group (ASNA), Duluth (DLTH), Tilly's (TLYS), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD) and A�ropostale (AROPQ).

News stories about CTRN stock have been trending positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Citi Trends earned a media sentiment score of 0.27 on Accern's scale. They also gave headlines about the company an impact score of 47.38 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Citi Trends' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.27%), Northern Trust Corp (1.39%), Kestrel Investment Management Corp (1.36%), Millennium Management LLC (1.23%), LSV Asset Management (1.19%) and Russell Investments Group Ltd. (0.93%). Company insiders that own Citi Trends stock include Charles Crowell, Christina Short, Ivy D Council and James A Dunn. View Institutional Ownership Trends for Citi Trends.

CTRN stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Federated Investors Inc. PA, Citadel Advisors LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, State Board of Administration of Florida Retirement System, Prudential Financial Inc., Kestrel Investment Management Corp and Russell Investments Group Ltd.. Company insiders that have sold Citi Trends company stock in the last year include Christina Short and Ivy D Council. View Insider Buying and Selling for Citi Trends.

CTRN stock was acquired by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Mackay Shields LLC, BlackRock Inc., Schwab Charles Investment Management Inc., GSA Capital Partners LLP, JPMorgan Chase & Co., Barclays PLC and Millennium Management LLC. View Insider Buying and Selling for Citi Trends.

Shares of CTRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CTRN stock can currently be purchased for approximately $30.46.

Citi Trends has a market capitalization of $418.89 million and generates $755.24 million in revenue each year. The company earns $14.57 million in net income (profit) each year or $1.26 on an earnings per share basis. Citi Trends employs 5,600 workers across the globe.

Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The company can be reached via phone at 912-236-1561.