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

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

Citi Trends announced a quarterly dividend on Thursday, February 14th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.08 per share on Tuesday, March 19th. This represents a $0.32 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Monday, March 4th. View Citi Trends' Dividend History.

Citi Trends announced that its board has initiated a share buyback plan on Friday, March 16th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Friday, March, 15th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.03. The firm had revenue of $201.16 million for the quarter, compared to analyst estimates of $215 million. Citi Trends had a return on equity of 10.67% and a net margin of 2.78%. The company's revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 EPS. View Citi Trends' Earnings History.

Citi Trends issued an update on its FY20 earnings guidance on Thursday, May, 23rd. The company provided earnings per share (EPS) guidance of $1.30-1.50 for the period. Citi Trends also updated its FY 2019 guidance to $1.30-1.50 EPS.

1 brokers have issued 12-month price objectives for Citi Trends' shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Citi Trends' share price to reach $28.00 in the next year. This suggests a possible upside of 91.4% 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 coverage about CTRN stock has trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Citi Trends earned a news impact score of 0.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Broadcom (AVGO), Citigroup (C), Baidu (BIDU), Booking (BKNG), Stitch Fix (SFIX), Synchronoss Technologies (SNCR), TriCo Bancshares (TCBK), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Ulta Beauty (ULTA) and BOX (BOX).

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (9.38%), BlackRock Inc. (8.75%), AQR Capital Management LLC (4.14%), Goldman Sachs Group Inc. (1.93%), Foundry Partners LLC (1.83%) and LSV Asset Management (1.76%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council 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 Man Group plc, BlackRock Inc., IndexIQ Advisors LLC, State Board of Administration of Florida Retirement System, Spark Investment Management LLC, Dimensional Fund Advisors LP, Morgan Stanley and JPMorgan Chase & Co.. 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.

CTRN stock was bought by a variety of institutional investors in the last quarter, including Garnet Equity Capital Holdings Inc., Foundry Partners LLC, Marshall Wace LLP, Martingale Asset Management L P, Renaissance Technologies LLC, Wells Fargo & Company MN, Geode Capital Management LLC and Oxford Asset Management LLP. 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 $14.63.

Citi Trends has a market capitalization of $177.40 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.

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.