NASDAQ:CTRN Citi Trends (CTRN) Stock Forecast, Price & News $15.34 +0.22 (+1.46%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$15.01▼$15.7850-Day Range$15.12▼$23.3152-Week Range$15.01▼$35.24Volume182,728 shsAverage Volume154,669 shsMarket Capitalization$127.48 millionP/E Ratio5.66Dividend YieldN/APrice Target$24.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Citi Trends MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside58.6% Upside$24.33 Price TargetShort InterestHealthy8.79% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 21 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.71) to $0.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsRetail/Wholesale Sector84th out of 215 stocksApparel & Accessory Stores Industry4th out of 8 stocks 3.2 Analyst's Opinion Consensus RatingCiti Trends has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.33, Citi Trends has a forecasted upside of 58.6% from its current price of $15.34.Amount of Analyst CoverageCiti Trends has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.79% of the float of Citi Trends has been sold short.Short Interest Ratio / Days to CoverCiti Trends has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Citi Trends has recently decreased by 6.16%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCiti Trends does not currently pay a dividend.Dividend GrowthCiti Trends does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTRN. Previous Next 1.9 News and Social Media Coverage News SentimentCiti Trends has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Citi Trends this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Citi Trends insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.20% of the stock of Citi Trends is held by insiders.Percentage Held by Institutions94.20% of the stock of Citi Trends is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Citi Trends are expected to grow in the coming year, from ($0.71) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Citi Trends is 5.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Citi Trends is 5.66, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.17.Price to Book Value per Share RatioCiti Trends has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Citi Trends (NASDAQ:CTRN) StockCiti Trends, Inc. engages in the retail of urban fashion apparel, accessories, and home trends. It offers products under its Citi Steps and Red Ape brands. The company was founded in 1946 and is headquartered in Savannah, GA.Read More Receive CTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Citi Trends and its competitors with MarketBeat's FREE daily newsletter. Email Address CTRN Stock News HeadlinesMay 27, 2023 | americanbankingnews.comTelsey Advisory Group Comments on Citi Trends, Inc.'s Q1 2025 Earnings (NASDAQ:CTRN)May 26, 2023 | americanbankingnews.comTelsey Advisory Group Research Analysts Lower Earnings Estimates for Citi Trends, Inc. (NASDAQ:CTRN)May 28, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 24, 2023 | markets.businessinsider.comExpert Ratings for Citi TrendsMay 24, 2023 | finance.yahoo.comQ1 2023 Citi Trends Inc Earnings CallMay 23, 2023 | finance.yahoo.comCiti Trends (CTRN) Reports Q1 Loss, Lags Revenue EstimatesMay 23, 2023 | finance.yahoo.comCiti Trends (CTRN) Q1 2023 Earnings Call TranscriptMay 23, 2023 | msn.comCiti Trends drops after warning about 'selective' customer spendingMay 28, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 23, 2023 | finance.yahoo.comCiti Trends Announces First Quarter 2023 ResultsMay 22, 2023 | msn.comA Preview Of Citi Trends's EarningsMay 22, 2023 | msn.comBenchmark Reiterates Citi Trends (CTRN) Buy RecommendationMay 21, 2023 | americanbankingnews.comCiti Trends (CTRN) Scheduled to Post Quarterly Earnings on TuesdayMay 11, 2023 | businessinsider.comCiti Review: Assortment of Bank Accounts, Credit Cards, and LoansMay 11, 2023 | cnbc.comHow Citi's Custom Cash Card stacks up to other 5% cash-back cardsMay 9, 2023 | finance.yahoo.comCiti Trends Sets Date for First Quarter 2023 Earnings Release and Conference CallMay 9, 2023 | cnbc.comCiti's guide to trading the debt ceiling: Beware companies with high revenues from U.S. governmentMay 6, 2023 | finance.yahoo.comCiti Trends (NASDAQ:CTRN) Might Be Having Difficulty Using Its Capital EffectivelyMay 1, 2023 | bloomberg.comCitigroup’s Fraser Says Return-to-Office Trends Drive Property FearsApril 28, 2023 | money.usnews.comCiti® Double Cash Card - 18 month BT offerApril 27, 2023 | usatoday.comCiti Simplicity review 2023: A leading balance transfer card with minimal feesApril 27, 2023 | money.usnews.comCiti Custom Cash℠ CardApril 10, 2023 | finance.yahoo.comImplied Volatility Surging for Citi Trends (CTRN) Stock OptionsMarch 25, 2023 | seekingalpha.comCTRN Citi Trends, Inc.March 24, 2023 | finance.yahoo.comCiti Trends, Inc. (NASDAQ:CTRN) Q4 2022 Earnings Call TranscriptMarch 24, 2023 | finance.yahoo.comInsiders who bought in the last 12 months lose an additional US$650 as Citi Trends, Inc. (NASDAQ:CTRN) drops to US$149mMarch 24, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for Citi Trends, Inc. (NASDAQ:CTRN) Cut by AnalystSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CTRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Citi Trends and its competitors with MarketBeat's FREE daily newsletter. Email Address CTRN Company Calendar Last Earnings3/21/2023Today5/28/2023Next Earnings (Estimated)8/23/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Apparel & accessory stores Sub-IndustryApparel Retail SectorRetail/Wholesale Current SymbolNASDAQ:CTRN CUSIP17306X10 CIK1318484 Webwww.cititrends.com Phone(912) 236-1561Fax912-443-3663Employees4,800Year Founded1946Price Target and Rating Average Stock Price Forecast$24.33 High Stock Price Forecast$35.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+58.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.71 Trailing P/E Ratio5.66 Forward P/E RatioN/A P/E GrowthN/ANet Income$58.89 million Net Margins2.88% Pretax Margin9.56% Return on Equity0.51% Return on Assets0.15% Debt Debt-to-Equity RatioN/A Current Ratio1.39 Quick Ratio0.73 Sales & Book Value Annual Sales$795.01 million Price / Sales0.16 Cash Flow$3.58 per share Price / Cash Flow4.28 Book Value$19.92 per share Price / Book0.77Miscellaneous Outstanding Shares8,310,000Free Float7,964,000Market Cap$127.48 million OptionableOptionable Beta2.31 Social Links Key ExecutivesDavid N. MakuenChief Executive Officer & DirectorHeather L. PlutinoChief Financial OfficerIvy D. CouncilChief Compliance Officer & EVP-Human ResourcesLisa A. PowellChief Merchandising Officer & Executive VPKyle KoenigVice President-Real Estate & ConstructionKey CompetitorsExpressNYSE:EXPRTilly'sNYSE:TLYSZumiezNASDAQ:ZUMZTorridNYSE:CURVGrouponNASDAQ:GRPNView All CompetitorsInstitutional OwnershipRoyce & Associates LPBought 1,100 shares on 5/23/2023Ownership: 2.008%Ameriprise Financial Inc.Bought 30,307 shares on 5/22/2023Ownership: 0.365%JPMorgan Chase & Co.Bought 1,299 shares on 5/18/2023Ownership: 0.221%Long Focus Capital Management LLCBought 60,000 shares on 5/17/2023Ownership: 1.491%Geode Capital Management LLCBought 2,917 shares on 5/16/2023Ownership: 1.977%View All Institutional Transactions CTRN Stock - Frequently Asked Questions Should I buy or sell Citi Trends stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CTRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTRN, but not buy additional shares or sell existing shares. View CTRN analyst ratings or view top-rated stocks. What is Citi Trends' stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price objectives for Citi Trends' stock. Their CTRN share price forecasts range from $18.00 to $35.00. On average, they anticipate the company's share price to reach $24.33 in the next twelve months. This suggests a possible upside of 58.6% from the stock's current price. View analysts price targets for CTRN or view top-rated stocks among Wall Street analysts. How have CTRN shares performed in 2023? Citi Trends' stock was trading at $26.48 at the beginning of the year. Since then, CTRN stock has decreased by 42.1% and is now trading at $15.34. View the best growth stocks for 2023 here. Are investors shorting Citi Trends? Citi Trends saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 695,900 shares, a decline of 6.2% from the April 30th total of 741,600 shares. Based on an average daily volume of 155,600 shares, the short-interest ratio is presently 4.5 days. Approximately 8.8% of the shares of the company are sold short. View Citi Trends' Short Interest. When is Citi Trends' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 23rd 2023. View our CTRN earnings forecast. How were Citi Trends' earnings last quarter? Citi Trends, Inc. (NASDAQ:CTRN) announced its quarterly earnings results on Tuesday, March, 21st. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $0.84 by $0.01. The business earned $209.46 million during the quarter, compared to analysts' expectations of $212.30 million. Citi Trends had a trailing twelve-month return on equity of 0.51% and a net margin of 2.88%. 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 Citigroup (C), Tapestry (TPR), Tesla (TSLA), Verizon Communications (VZ), International Business Machines (IBM), Pfizer (PFE), Walgreens Boots Alliance (WBA), Wells Fargo & Company (WFC), AbbVie (ABBV) and Broadcom (AVGO). What is Citi Trends' stock symbol? Citi Trends trades on the NASDAQ under the ticker symbol "CTRN." Who are Citi Trends' major shareholders? Citi Trends' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.69%), Dimensional Fund Advisors LP (6.94%), Jennison Associates LLC (6.88%), Bank of New York Mellon Corp (5.16%), Charles Schwab Investment Management Inc. (2.01%) and Royce & Associates LP (2.01%). Insiders that own company stock include Charles J Hynes, Christina M Francis, Christina Short, David N Makuen, Ivy D Council, James A Dunn, James A Dunn, Jason Moschner, Jessica Berkowitz, Kenneth Duane Seipel, Lisa A Powell and Margaret L Jenkins. View institutional ownership trends. How do I buy shares of Citi Trends? Shares of CTRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Citi Trends' stock price today? One share of CTRN stock can currently be purchased for approximately $15.34. How much money does Citi Trends make? Citi Trends (NASDAQ:CTRN) has a market capitalization of $127.48 million and generates $795.01 million in revenue each year. The company earns $58.89 million in net income (profit) each year or $2.71 on an earnings per share basis. How many employees does Citi Trends have? The company employs 4,800 workers across the globe. How can I contact Citi Trends? Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The official website for the company is www.cititrends.com. The company can be reached via phone at (912) 236-1561 or via fax at 912-443-3663. This page (NASDAQ:CTRN) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Citi Trends, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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