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 paid a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 annualized dividend and a yield of 1.11%. The ex-dividend date is Monday, June 4th. View Citi Trends' Dividend History.

Citi Trends announced that its Board of Directors has authorized a share buyback 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 purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings data on Wednesday, May, 23rd. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $0.90 by $0.07. The company had revenue of $211.03 million for the quarter, compared to analyst estimates of $210.70 million. Citi Trends had a return on equity of 9.21% and a net margin of 2.22%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company 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 updated its FY19 earnings guidance on Wednesday, May, 23rd. The company provided earnings per share guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60.

1 equities research analysts have issued 1-year price objectives for Citi Trends' shares. Their forecasts range from $32.00 to $32.00. On average, they expect Citi Trends' share price to reach $32.00 in the next year. This suggests a possible upside of 11.5% 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).

News stories about CTRN stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Citi Trends earned a news sentiment score of 0.10 on Accern's scale. They also gave media stories about the company an impact score of 46.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Garnet Equity Capital Holdings Inc. (0.81%). 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.. 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 $28.71.

Citi Trends has a market capitalization of $382.54 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.