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

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

Citi Trends announced a dividend on Friday, November 22nd. Investors of record on Tuesday, December 10th will be given a dividend of $0.08 per share on Tuesday, December 24th. The ex-dividend date is Monday, December 9th. View Citi Trends' Dividend History.

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

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings results on Tuesday, November, 26th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $183.05 million for the quarter. Citi Trends had a return on equity of 8.13% and a net margin of 1.87%. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Friday, March 20th 2020. View Earnings Estimates for Citi Trends.

Citi Trends issued an update on its FY 2019 Pre-Market earnings guidance on Tuesday, November, 26th. The company provided earnings per share (EPS) guidance of $1.40-1.50 for the period.

1 Wall Street analysts have issued 12 month price targets for Citi Trends' stock. Their forecasts range from $28.00 to $28.00. On average, they expect Citi Trends' share price to reach $28.00 in the next year. This suggests a possible upside of 34.9% 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.

Media stories about CTRN stock have trended extremely negative on Saturday, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Citi Trends earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage 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 company's share price in the immediate future. View News Stories for Citi Trends.

Citi Trends saw a increase in short interest in November. As of November 15th, there was short interest totalling 471,900 shares, an increase of 6.5% from the October 31st total of 443,000 shares. Based on an average trading volume of 85,200 shares, the days-to-cover ratio is presently 5.5 days. Currently, 4.1% of the company's stock are short sold. View Citi Trends' Current Options Chain.

Some companies that are related to Citi Trends include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess? (GES), Designer Brands (DBI), Childrens Place (PLCE), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO) and Shoe Carnival (SCVL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Tesla (TSLA), Citigroup (C), Broadcom (AVGO), Booking (BKNG), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Ford Motor (F), Guess? (GES), The Coca-Cola (KO), TJX Companies (TJX) and Tapestry (TPR).

Citi Trends' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.44%), Foundry Partners LLC (1.94%), Millennium Management LLC (1.46%), California Public Employees Retirement System (0.44%), Squarepoint Ops LLC (0.40%) and Ancora Advisors LLC (0.37%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council, Jonathan Duskin 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 Assenagon Asset Management S.A., Systematic Financial Management LP, State Street Corp, Strs Ohio, Chicago Equity Partners LLC and Barclays PLC. Company insiders that have sold Citi Trends company stock in the last year include Christina Short 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 Millennium Management LLC, Foundry Partners LLC, Meeder Asset Management Inc., Russell Investments Group Ltd., Ancora Advisors LLC, First Trust Advisors LP, California Public Employees Retirement System and Squarepoint Ops LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CTRN stock can currently be purchased for approximately $20.75.

Citi Trends has a market capitalization of $247.13 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 5,500 workers across the globe.View Additional Information About Citi Trends.

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.