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. Investors 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 yield of 1.16%. The ex-dividend date is Monday, June 4th. View Citi Trends' Dividend History.

Citi Trends declared that its board has authorized a share repurchase 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 usually a sign that the company's leadership believes its stock is undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings results on Wednesday, May, 23rd. The company reported $0.83 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.07. The business earned $211.03 million during 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 company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. 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 earnings per share (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 price objectives for Citi Trends' shares. Their forecasts 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 16.4% from the stock's current price. View Analyst Ratings 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."

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

Press coverage about CTRN stock has trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citi Trends earned a media sentiment score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 46.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Garnet Equity Capital Holdings Inc. (0.81%). 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 Garnet Equity Capital Holdings Inc.. 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.

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 $27.48.

Citi Trends has a market capitalization of $374.75 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.