NASDAQ:CTRN - Citi Trends Stock Price, News, Headlines & Rumors

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 given 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 1.05%. The ex-dividend date of this dividend is Monday, June 4th. View Citi Trends' Dividend History.

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

Citi Trends, Inc. (NASDAQ:CTRN) released its 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 business 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 EPS. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for Citi Trends.

Citi Trends updated 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 EPS estimate of $1.60.

1 Wall Street analysts have issued 12 month target prices for Citi Trends' shares. Their forecasts range from $32.00 to $32.00. On average, they anticipate Citi Trends' stock price to reach $32.00 in the next twelve months. This suggests a possible upside of 5.4% 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.

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

News coverage about CTRN stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citi Trends earned a news impact score of 0.18 on Accern's scale. They also assigned news coverage about the company an impact score of 44.42 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Citi Trends.

Citi Trends' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.68%), Dimensional Fund Advisors LP (8.45%), Renaissance Technologies LLC (1.46%), Kestrel Investment Management Corp (1.33%), Schwab Charles Investment Management Inc. (1.29%) and LSV Asset Management (1.26%). 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 BlackRock Inc., Northpointe Capital LLC, Russell Investments Group Ltd., Royce & Associates LP, Dynamic Technology Lab Private Ltd, California Public Employees Retirement System, Garnet Equity Capital Holdings Inc. and EAM Investors LLC. 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 Spark Investment Management LLC, GSA Capital Partners LLP, Schwab Charles Investment Management Inc., Renaissance Technologies LLC, Citadel Advisors LLC, Mackay Shields LLC, American Century Companies Inc. and Los Angeles Capital Management & Equity Research 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 $30.37.

Citi Trends has a market capitalization of $395.95 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.