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. Stockholders 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 dividend yield of 1.15%. 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 repurchase program on Friday, March 16th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Wednesday, May, 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate 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 net margin of 2.22% and a return on equity of 9.21%. The company's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. 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 (EPS) guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60.

1 Wall Street analysts have issued twelve-month target prices for Citi Trends' stock. Their forecasts range from $32.00 to $32.00. On average, they anticipate Citi Trends' stock price to reach $32.00 in the next year. This suggests a possible upside of 14.6% 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), Duluth (DLTH), Express (EXPR), Ascena Retail Group (ASNA), Zumiez (ZUMZ), Tilly's (TLYS), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD) and A�ropostale (AROPQ).

Media headlines about CTRN stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Citi Trends earned a news impact score of 0.13 on Accern's scale. They also gave headlines about the company an impact score of 45.04 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Citi Trends' stock is owned by many different of retail and institutional investors. Top institutional investors 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 $27.93.

Citi Trends has a market capitalization of $374.75 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.