NASDAQ:CTRN - Citi Trends Stock Price, Price Target & More

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

Citi Trends declared a quarterly dividend on Wednesday, May 23rd. Investors of record on Tuesday, June 5th will be given a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Monday, June 4th. View Citi Trends' Dividend History.

Citi Trends announced that its Board of Directors has authorized a stock buyback program on Friday, March 16th 2018, which allows the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings data on Wednesday, May, 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by $0.07. The firm earned $211.03 million during the quarter, compared to analysts' expectations of $210.70 million. Citi Trends had a return on equity of 9.21% and a net margin of 2.22%. The firm's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Citi Trends.

Citi Trends issued an update on its FY19 earnings guidance on Wednesday, May, 23rd. The company provided earnings per share (EPS) guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.60.

1 equities research analysts have issued twelve-month price targets for Citi Trends' shares. Their forecasts range from $32.00 to $32.00. On average, they anticipate Citi Trends' stock price to reach $32.00 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Citi Trends include Tailored Brands (TLRD), Express (EXPR), Duluth (DLTH), Ascena Retail Group (ASNA), Zumiez (ZUMZ), Tilly's (TLYS), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD), A�ropostale (AROPQ) and Crailar Technologies (CRLRQ).

Media coverage about CTRN stock has been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citi Trends earned a news impact score of 0.10 on Accern's scale. They also gave media coverage about the company an impact score of 50.51 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

Citi Trends' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Garnet Equity Capital Holdings Inc. (0.81%) and Foundry Partners LLC (0.29%). 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 Garnet Equity Capital Holdings Inc. and Foundry Partners 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.

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 $28.84.

Citi Trends has a market capitalization of $398.27 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.