Citi Trends Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Citi Trends stock.
View analyst ratings for Citi Trends or view top-rated stocks.

Wall Street analysts have given Citi Trends a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Citi Trends wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Citi Trends saw a increase in short interest in May. As of May 28th, there was short interest totaling 1,290,000 shares, an increase of 60.9% from the May 13th total of 801,700 shares. Based on an average daily volume of 248,500 shares, the days-to-cover ratio is presently 5.2 days. Currently, 14.2% of the shares of the company are short sold.
View Citi Trends' Short Interest.

Citi Trends is scheduled to release its next quarterly earnings announcement on Thursday, August 19th 2021.
View our earnings forecast for Citi Trends.

Citi Trends, Inc. (NASDAQ:CTRN) announced its quarterly earnings results on Monday, May, 24th. The company reported $3.23 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.90 by $0.33. Citi Trends had a trailing twelve-month return on equity of 47.65% and a net margin of 7.95%.
View Citi Trends' earnings history.

Citi Trends' stock was trading at $14.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTRN shares have increased by 480.4% and is now trading at $81.26.
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Citi Trends updated its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share guidance of $4.550-4.750 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.850. The company issued revenue guidance of $970 million-990 million, compared to the consensus revenue estimate of $962.63 million.

1 brokerages have issued 1-year target prices for Citi Trends' shares. Their forecasts range from $150.00 to $150.00. On average, they expect Citi Trends' stock price to reach $150.00 in the next year. This suggests a possible upside of 84.6% from the stock's current price.
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Some companies that are related to Citi Trends include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess' (GES), The Children's Place (PLCE), Designer Brands (DBI), Zumiez (ZUMZ), Caleres (CAL), Shoe Carnival (SCVL) and Genesco (GCO).
View all of CTRN's competitors.

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).

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

Citi Trends' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (9.16%), BlackRock Inc. (7.66%), Victory Capital Management Inc. (5.70%), Cowbird Capital LP (4.70%), Millennium Management LLC (4.63%) and Goldman Sachs Group Inc. (3.68%). Company insiders that own Citi Trends stock include Charles J Hynes, Christina Short, David N Makuen, James A Dunn, Jonathan Duskin, Lisa A Powell, Margaret L Jenkins and Peter R Sachse.
View institutional ownership trends for Citi Trends.

CTRN stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Cooper Creek Partners Management LLC, AWM Investment Company Inc., Renaissance Technologies LLC, Royce & Associates LP, Cowbird Capital LP, Manatuck Hill Partners LLC, and Northern Trust Corp. Company insiders that have sold Citi Trends company stock in the last year include Charles J Hynes, Christina Short, James A Dunn, and Lisa A Powell.
View insider buying and selling activity for Citi Trends or view top insider-selling stocks.

CTRN stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., Highside Global Management LLC, Lisanti Capital Growth LLC, Victory Capital Management Inc., Thames Capital Management LLC, Acadian Asset Management LLC, and Jennison Associates LLC. Company insiders that have bought Citi Trends stock in the last two years include David N Makuen, and Peter R Sachse.
View insider buying and selling activity for Citi Trends or or view top insider-buying stocks.

Shares of CTRN 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.
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One share of CTRN stock can currently be purchased for approximately $81.26.

Citi Trends has a market capitalization of $754.66 million and generates $783.29 million in revenue each year. The company earns $23.98 million in net income (profit) each year or $2.38 on an earnings per share basis.

Citi Trends employs 5,200 workers across the globe.

The official website for Citi Trends is www.cititrends.com.

Citi Trends is headquartered at 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408.

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