Citi Trends (CTRN) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. 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.

3 brokerages have issued 12-month price targets for Citi Trends' shares. 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 year. This suggests a possible upside of 66.4% from the stock's current price.
View analysts price targets for CTRN or view top-rated stocks among Wall Street analysts.

Citi Trends' stock was trading at $26.48 at the start of the year. Since then, CTRN stock has decreased by 44.8% and is now trading at $14.62.
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Citi Trends saw a decline in short interest during 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. Currently, 8.8% of the company's stock are sold short.
View Citi Trends' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 23rd 2023.
View our CTRN earnings forecast.

Citi Trends, Inc. (NASDAQ:CTRN) announced its 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 had revenue of $209.46 million for 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%.

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 many different institutional and retail 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.

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.
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One share of CTRN stock can currently be purchased for approximately $14.62.

Citi Trends (NASDAQ:CTRN) has a market capitalization of $121.49 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.

The company employs 4,800 workers across the globe.

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.