NASDAQ:CTRN - Citi Trends Stock Price, News, & Analysis

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

Citi Trends announced a quarterly dividend on Thursday, August 23rd. Shareholders of record on Tuesday, September 4th will be paid a dividend of $0.08 per share on Tuesday, September 18th. This represents a $0.32 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Friday, August 31st. View Citi Trends' Dividend History.

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

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings data on Thursday, August, 23rd. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.17. The business earned $182 million during the quarter, compared to analyst estimates of $178.50 million. Citi Trends had a return on equity of 10.59% and a net margin of 2.61%. The company's quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.03 EPS. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Friday, November 30th 2018. View Earnings Estimates for Citi Trends.

Citi Trends issued an update on its fourth quarter earnings guidance on Thursday, August, 23rd. The company provided earnings per share (EPS) guidance of $0.60-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.66. The company issued revenue guidance of -2-3% to ~$205.7-207.8 million, compared to the consensus revenue estimate of $210.40 million.Citi Trends also updated its Q3 guidance to ($0.03) - $0.02 EPS.

1 equities research analysts have issued 12-month price targets for Citi Trends' shares. Their forecasts range from $32.00 to $32.00. On average, they anticipate Citi Trends' share price to reach $32.00 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View Analyst Price Targets for Citi Trends.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Citi Trends.

Headlines about CTRN stock have trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Citi Trends earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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

Citi Trends' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.67%), Alliancebernstein L.P. (8.02%), AQR Capital Management LLC (4.24%), AWM Investment Company Inc. (2.70%), Northpointe Capital LLC (1.70%) and Man Group plc (1.44%). Company insiders that own Citi Trends stock include Charles Crowell, Christina Short, Ivy D Council, James A Dunn and Jonathan Duskin. View Institutional Ownership Trends for Citi Trends.

CTRN stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Renaissance Technologies LLC, BlackRock Inc., Alambic Investment Management L.P., AWM Investment Company Inc., Citadel Advisors LLC, GSA Capital Partners LLP and Russell Investments Group Ltd.. Company insiders that have sold Citi Trends company stock in the last year include Christina Short, Ivy D Council and Jonathan Duskin. View Insider Buying and Selling for Citi Trends.

CTRN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Northpointe Capital LLC, Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., MERIAN GLOBAL INVESTORS UK Ltd, AQR Capital Management LLC and Los Angeles Capital Management & Equity Research Inc.. 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 $25.37.

Citi Trends has a market capitalization of $338.14 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 2,700 workers across the globe.

The official website for Citi Trends is http://www.cititrends.com.

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