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

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$18.36 -0.24 (-1.29 %)
(As of 03/24/2019 06:40 AM ET)
Previous Close$18.36
Today's Range$18.0850 - $18.57
52-Week Range$17.78 - $34.90
Volume112,165 shs
Average Volume73,011 shs
Market Capitalization$237.39 million
P/E Ratio11.33
Dividend Yield1.74%
Beta0.47
Citi Trends, Inc. operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys. It provides its products primarily to African-Americans in the United States. As of March 16, 2018, the company operated 553 stores in 31 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.

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Industry, Sector and Symbol

Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:CTRN
CUSIP17306X10
Phone912-236-1561

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$769.55 million
Cash Flow$2.6647 per share
Book Value$15.24 per share

Profitability

Net Income$21.37 million

Miscellaneous

Employees5,600
Market Cap$237.39 million
Next Earnings Date5/22/2019 (Estimated)
OptionableOptionable

Citi Trends (NASDAQ:CTRN) Frequently Asked Questions

What is Citi Trends' stock symbol?

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

How often does Citi Trends pay dividends? What is the dividend yield for Citi Trends?

Citi Trends announced a quarterly dividend on Thursday, February 14th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.08 per share on Tuesday, March 19th. This represents a $0.32 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, March 4th. View Citi Trends' Dividend History.

How will Citi Trends' stock buyback program work?

Citi Trends declared that its Board of Directors has authorized a stock repurchase program on Friday, March 16th 2018, which authorizes the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) posted its earnings results on Friday, March, 15th. The company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.03. The company had revenue of $201.16 million for the quarter, compared to analyst estimates of $215 million. Citi Trends had a return on equity of 10.45% and a net margin of 2.78%. The company's revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.38 earnings per share. View Citi Trends' Earnings History.

When is Citi Trends' next earnings date?

Citi Trends is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for Citi Trends.

What guidance has Citi Trends issued on next quarter's earnings?

Citi Trends updated its FY20 earnings guidance on Friday, March, 15th. The company provided EPS guidance of $1.85-1.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.85. Citi Trends also updated its FY 2019 guidance to $1.85-1.95 EPS.

What price target have analysts set for CTRN?

1 Wall Street analysts have issued 1-year price objectives for Citi Trends' shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Citi Trends' stock price to reach $28.00 in the next year. This suggests a possible upside of 52.5% from the stock's current price. View Analyst Price Targets for Citi Trends.

What is the consensus analysts' recommendation 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.

Has Citi Trends been receiving favorable news coverage?

Media headlines about CTRN stock have been trending negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Citi Trends earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are some of Citi Trends' key competitors?

What other stocks do shareholders of Citi Trends own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Guess? (GES), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), The Coca-Cola (KO), Broadcom (AVGO), Synchronoss Technologies (SNCR), Citigroup (C), TriCo Bancshares (TCBK), Booking (BKNG), Amgen (AMGN) and Vocera Communications (VCRA).

Who are Citi Trends' key executives?

Citi Trends' management team includes the folowing people:
  • Mr. Bruce D. Smith, Pres, CEO, Sec. & Director (Age 60)
  • Ms. Ivy D. Council, Exec. VP of HR & Chief Compliance Officer (Age 62)
  • Mr. James A. Dunn, Sr. VP of Store Operations (Age 62)
  • Mr. Charles D. Crowell, Sr. VP of Supply Chain (Age 66)
  • Mr. Stuart C Clifford, Sr. VP & CFO (Age 65)

Who are Citi Trends' major shareholders?

Citi Trends' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.92%), Dimensional Fund Advisors LP (8.92%), BlackRock Inc. (8.87%), Northern Trust Corp (1.98%), LSV Asset Management (1.59%) and Geode Capital Management LLC (1.44%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council, James A Dunn and Jonathan Duskin. View Institutional Ownership Trends for Citi Trends.

Which institutional investors are selling Citi Trends stock?

CTRN stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Millennium Management LLC, Two Sigma Investments LP, Acadian Asset Management LLC, GSA Capital Partners LLP, Two Sigma Advisers LP, State Board of Administration of Florida Retirement System and Northern Trust Corp. 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.

Which institutional investors are buying Citi Trends stock?

CTRN stock was purchased by a variety of institutional investors in the last quarter, including Garnet Equity Capital Holdings Inc., Ancora Advisors LLC, LSV Asset Management, Geode Capital Management LLC, Geode Capital Management LLC, Martingale Asset Management L P, BlackRock Inc. and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Citi Trends.

How do I buy shares of 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.

What is Citi Trends' stock price today?

One share of CTRN stock can currently be purchased for approximately $18.36.

How big of a company is Citi Trends?

Citi Trends has a market capitalization of $237.39 million and generates $769.55 million in revenue each year. The company earns $21.37 million in net income (profit) each year or $1.64 on an earnings per share basis. Citi Trends employs 5,600 workers across the globe.

What is Citi Trends' official website?

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

How can I contact Citi Trends?

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


MarketBeat Community Rating for Citi Trends (NASDAQ CTRN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  495
MarketBeat's community ratings are surveys of what our community members think about Citi Trends and other stocks. Vote "Outperform" if you believe CTRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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