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 Friday, May 24th. Stockholders of record on Tuesday, June 4th will be paid a dividend of $0.08 per share on Tuesday, June 18th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Monday, June 3rd. View Citi Trends' Dividend History.

Citi Trends announced that its Board of Directors has authorized a share buyback program on Friday, March 16th 2018, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase 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.

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings data on Thursday, May, 23rd. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.85 by $0.13. The business had revenue of $205.03 million for the quarter. Citi Trends had a net margin of 2.34% and a return on equity of 9.68%. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Thursday, August 22nd 2019. View Earnings Estimates for Citi Trends.

Citi Trends updated its FY20 earnings guidance on Thursday, May, 23rd. The company provided earnings per share (EPS) guidance of $1.30-1.50 for the period.

1 equities research analysts have issued 1 year price targets for Citi Trends' shares. Their predictions range from $28.00 to $28.00. On average, they anticipate Citi Trends' share price to reach $28.00 in the next twelve months. This suggests a possible upside of 81.3% 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.

Press coverage about CTRN stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Citi Trends earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Citi Trends.

Citi Trends saw a decrease in short interest in July. As of July 31st, there was short interest totalling 448,300 shares, a decrease of 8.2% from the June 30th total of 488,600 shares. Based on an average trading volume of 101,000 shares, the short-interest ratio is currently 4.4 days. Approximately 3.7% of the shares of the stock are short sold. View Citi Trends' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Citigroup (C), Tesla (TSLA), TJX Companies (TJX), Broadcom (AVGO), Baidu (BIDU), Booking (BKNG), CBTX (CBTX), Synchronoss Technologies (SNCR), TriCo Bancshares (TCBK) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

Citi Trends' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.76%), Paradigm Capital Management Inc. NY (7.28%), Vanguard Group Inc. (5.21%), AQR Capital Management LLC (3.33%), Renaissance Technologies LLC (2.88%) and Morgan Stanley (2.54%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council 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., AQR Capital Management LLC, Garnet Equity Capital Holdings Inc., Acadian Asset Management LLC, Ancora Advisors LLC, Citadel Advisors LLC, Bessemer Group Inc. and Allianz Asset Management GmbH. 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 Morgan Stanley, Nuveen Asset Management LLC, Renaissance Technologies LLC, Marshall Wace LLP, Systematic Financial Management LP, Wells Fargo & Company MN, Prudential Financial Inc. and D. E. Shaw & Co. 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 $15.44.

Citi Trends has a market capitalization of $186.52 million and generates $769.55 million in revenue each year. The company earns $21.37 million in net income (profit) each year or $1.64 on an earnings per share basis. Citi Trends employs 5,500 workers across the globe.View Additional Information About Citi Trends.

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.