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

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

Citi Trends declared a quarterly dividend on Thursday, August 23rd. Shareholders of record on Tuesday, September 4th will be given 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 1.07%. The ex-dividend date of this dividend is Friday, August 31st. View Citi Trends' Dividend History.

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

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

Citi Trends is scheduled to release their next quarterly earnings announcement on Tuesday, November, 20th 2018. View Earnings Estimates for Citi Trends.

Citi Trends updated its fourth quarter earnings guidance on Thursday, August, 23rd. The company provided earnings per share guidance of $0.60-0.65 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued twelve-month price objectives for Citi Trends' shares. Their predictions range from $32.00 to $32.00. On average, they expect Citi Trends' share price to reach $32.00 in the next twelve months. This suggests a possible upside of 7.0% 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.

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), A�ropostale (AROPQ) and Crailar Technologies (CRLRQ).

Press coverage about CTRN stock has trended somewhat positive on Thursday, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty 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 daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Citi Trends.

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.68%), Dimensional Fund Advisors LP (8.45%), Northern Trust Corp (2.08%), Renaissance Technologies LLC (1.46%), Kestrel Investment Management Corp (1.33%) and Schwab Charles Investment Management Inc. (1.29%). 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 BlackRock Inc., Northpointe Capital LLC, Russell Investments Group Ltd., Royce & Associates LP, Dynamic Technology Lab Private Ltd, California Public Employees Retirement System, Garnet Equity Capital Holdings Inc. and EAM Investors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Northern Trust Corp, Spark Investment Management LLC, GSA Capital Partners LLP, Schwab Charles Investment Management Inc., Renaissance Technologies LLC, Citadel Advisors LLC, Mackay Shields LLC and American Century Companies 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 $29.92.

Citi Trends has a market capitalization of $394.58 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.