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. Investors 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 annualized dividend and a yield of 1.48%. The ex-dividend date is Monday, March 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 authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) released its quarterly earnings results on Friday, November, 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.07. The company earned $175.40 million during 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 business's quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 EPS. View Citi Trends' Earnings History.

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

Citi Trends will be holding an earnings conference call on Friday, March 15th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 3122812959.

Citi Trends issued an update on its fourth quarter earnings guidance on Friday, November, 30th. The company provided earnings per share (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.

2 analysts have issued 1 year price targets for Citi Trends' stock. Their forecasts range from $28.00 to $32.00. On average, they anticipate Citi Trends' share price to reach $30.00 in the next year. This suggests a possible upside of 38.3% from the stock's current price. View Analyst Price Targets for Citi Trends.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Citi Trends.

Press coverage about CTRN stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Citi Trends earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Broadcom (AVGO), Booking (BKNG), Synchronoss Technologies (SNCR), TriCo Bancshares (TCBK), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Citigroup (C), Guess? (GES), The Coca-Cola (KO), Basf (BAS) and AstroNova (ALOT).

Citi Trends' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.92%), BlackRock Inc. (8.87%), Northern Trust Corp (1.98%), LSV Asset Management (1.59%), Geode Capital Management LLC (1.44%) and D. E. Shaw & Co. Inc. (1.40%). 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.

CTRN stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Millennium Management LLC, Two Sigma Investments LP, Acadian Asset Management LLC, GSA Capital Partners LLP, Two Sigma Advisers LP, State Board of Administration of Florida Retirement System and Northern Trust Corp. 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 acquired by a variety of institutional investors in the last quarter, including Garnet Equity Capital Holdings Inc., Ancora Advisors LLC, LSV Asset Management, Geode Capital Management LLC, Martingale Asset Management L P, BlackRock Inc., Municipal Employees Retirement System of Michigan and Bessemer Group Inc.. 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 $21.69.

Citi Trends has a market capitalization of $280.45 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.

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.