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

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$18.99 +0.30 (+1.61 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$18.69
Today's Range$18.54 - $19.25
52-Week Range$18.36 - $34.90
Volume112,200 shs
Average Volume101,519 shs
Market Capitalization$255.44 million
P/E Ratio15.05
Dividend Yield1.62%
Beta0.63
Citi Trends, Inc. operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys. It provides its products primarily to African-Americans in the United States. As of March 16, 2018, the company operated 553 stores in 31 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:CTRN
Previous Symbol
CUSIP17306X10
Phone912-236-1561

Debt

Debt-to-Equity RatioN/A
Current Ratio2.35
Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio15.05
Forward P/E Ratio11.24
P/E GrowthN/A

Sales & Book Value

Annual Sales$755.24 million
Price / Sales0.33
Cash Flow$2.5628 per share
Price / Cash Flow7.41
Book Value$15.16 per share
Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$1.26
Net Income$14.57 million
Net Margins2.47%
Return on Equity10.15%
Return on Assets6.66%

Miscellaneous

Employees5,600
Outstanding Shares12,930,000
Market Cap$255.44 million
OptionableOptionable

Citi Trends (NASDAQ:CTRN) Frequently Asked Questions

What is Citi Trends' stock symbol?

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

How often does Citi Trends pay dividends? What is the dividend yield for Citi Trends?

Citi Trends declared a quarterly dividend on Monday, December 3rd. Stockholders of record on Tuesday, December 11th will be paid a dividend of $0.08 per share on Wednesday, December 26th. This represents a $0.32 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, December 10th. View Citi Trends' Dividend History.

How will Citi Trends' stock buyback program work?

Citi Trends announced that its Board of Directors has initiated 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 usually an indication that the company's leadership believes its stock is undervalued.

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) posted its earnings results on Friday, November, 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.07. The firm had revenue of $175.40 million for the quarter, compared to analysts' expectations of $180.90 million. Citi Trends had a net margin of 2.47% and a return on equity of 10.15%. The company's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.05 earnings per share. View Citi Trends' Earnings History.

When is Citi Trends' next earnings date?

Citi Trends is scheduled to release their next quarterly earnings announcement on Friday, March 15th 2019. View Earnings Estimates for Citi Trends.

What guidance has Citi Trends issued on next quarter's earnings?

Citi Trends updated its fourth quarter earnings guidance on Friday, November, 30th. The company provided EPS guidance of $0.60-0.65 for the period, compared to the Thomson Reuters consensus estimate of $0.63. The company issued revenue guidance of decline of 3-4% to ~$203.6-205.7 million, compared to the consensus revenue estimate of $211.20 million.Citi Trends also updated its FY 2018 guidance to $1.66-1.71 EPS.

What price target have analysts set for CTRN?

1 brokerages have issued twelve-month price objectives for Citi Trends' stock. Their predictions range from $32.00 to $32.00. On average, they expect Citi Trends' stock price to reach $32.00 in the next year. This suggests a possible upside of 68.5% from the stock's current price. View Analyst Price Targets for Citi Trends.

What is the consensus analysts' recommendation 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.

Has Citi Trends been receiving favorable news coverage?

Media stories about CTRN stock have trended somewhat positive on Saturday, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Citi Trends earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the immediate future.

Who are some of Citi Trends' key competitors?

Who are Citi Trends' key executives?

Citi Trends' management team includes the folowing people:
  • Mr. Bruce D. Smith, Pres, CEO, Sec. & Director (Age 59)
  • Ms. Ivy D. Council, Exec. VP of HR & Chief Compliance Officer (Age 61)
  • Mr. James A. Dunn, Sr. VP of Store Operations (Age 61)
  • Mr. Charles D. Crowell, Sr. VP of Supply Chain (Age 65)
  • Mr. Stuart C Clifford, Sr. VP & CFO (Age 64)

Who are Citi Trends' major shareholders?

Citi Trends' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.67%), Alliancebernstein L.P. (8.02%), Vanguard Group Inc. (4.57%), Vanguard Group Inc (4.59%), AQR Capital Management LLC (4.24%) and AWM Investment Company Inc. (2.70%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council, James A Dunn and Jonathan Duskin. View Institutional Ownership Trends for Citi Trends.

Which institutional investors are selling Citi Trends stock?

CTRN stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Renaissance Technologies LLC, BlackRock Inc., Alambic Investment Management L.P., AWM Investment Company Inc., Citadel Advisors LLC, GSA Capital Partners LLP and Russell Investments Group Ltd.. 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.

Which institutional investors are buying Citi Trends stock?

CTRN stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Northpointe Capital LLC, TIAA CREF Investment Management LLC, Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., MERIAN GLOBAL INVESTORS UK Ltd and AQR Capital Management LLC. View Insider Buying and Selling for Citi Trends.

How do I buy shares of 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.

What is Citi Trends' stock price today?

One share of CTRN stock can currently be purchased for approximately $18.99.

How big of a company is Citi Trends?

Citi Trends has a market capitalization of $255.44 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.

What is Citi Trends' official website?

The official website for Citi Trends is http://www.cititrends.com.

How can I contact Citi Trends?

Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The company can be reached via phone at 912-236-1561.


MarketBeat Community Rating for Citi Trends (NASDAQ CTRN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  470
MarketBeat's community ratings are surveys of what our community members think about Citi Trends and other stocks. Vote "Outperform" if you believe CTRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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