NASDAQ:CTRN - Citi Trends Stock Price, Price Target & More

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

Citi Trends announced 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 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Monday, June 4th. View Citi Trends' Dividend History.

Citi Trends declared that its Board of Directors has approved a share buyback program on Friday, March 16th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) released its earnings results on Wednesday, May, 23rd. The company reported $0.83 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.07. The firm had revenue of $211.03 million for 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 business's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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 issued an update on its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.60.

1 Wall Street analysts have issued 1-year price targets for Citi Trends' stock. 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. View Analyst Ratings for Citi Trends.

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

Media stories about CTRN stock have trended positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Citi Trends earned a daily sentiment score of 0.27 on Accern's scale. They also assigned news articles about the company an impact score of 47.97 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.27%), Northern Trust Corp (1.39%), Kestrel Investment Management Corp (1.36%), Millennium Management LLC (1.23%), LSV Asset Management (1.19%) and Russell Investments Group Ltd. (0.93%). 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 California Public Employees Retirement System, Federated Investors Inc. PA, Citadel Advisors LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, State Board of Administration of Florida Retirement System, Prudential Financial Inc., Kestrel Investment Management Corp 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.

CTRN stock was acquired by a variety of institutional investors in the last quarter, including EAM Global Investors LLC, Alambic Investment Management L.P., Mackay Shields LLC, BlackRock Inc., Dynamic Technology Lab Private Ltd, Schwab Charles Investment Management Inc., GSA Capital Partners LLP and JPMorgan Chase & Co.. 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 $27.82.

Citi Trends has a market capitalization of $380.49 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.