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 given 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 2.20%. The ex-dividend date is Monday, June 3rd. View Citi Trends' Dividend History.

Citi Trends declared that its Board of Directors has approved a share repurchase plan on Friday, March 16th 2018, which permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Thursday, May, 23rd. The company reported $0.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.85 by $0.13. The business had revenue of $205.03 million for the quarter. Citi Trends had a return on equity of 9.68% and a net margin of 2.34%. 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 guidance of $1.30-1.50 for the period. Citi Trends also updated its FY 2019 guidance to $1.30-1.50 EPS.

1 Wall Street analysts have issued twelve-month target prices for Citi Trends' stock. Their forecasts range from $28.00 to $28.00. On average, they expect Citi Trends' share price to reach $28.00 in the next year. This suggests a possible upside of 92.3% 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.

News headlines about CTRN stock have trended somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. 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 coverage optimism score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Citi Trends.

Citi Trends saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 517,400 shares, an increase of 6.6% from the April 15th total of 485,500 shares. Based on an average daily volume of 84,000 shares, the days-to-cover ratio is presently 6.2 days. Approximately 4.8% of the shares of the company are sold short. 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), Broadcom (AVGO), Booking (BKNG), CBTX (CBTX), Synchronoss Technologies (SNCR), TriCo Bancshares (TCBK), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Guess? (GES) and The Coca-Cola (KO).

Citi Trends' stock is owned by a number of of retail and institutional investors. Top institutional investors include Foundry Partners LLC (1.83%), LSV Asset Management (1.76%), Garnet Equity Capital Holdings Inc. (1.53%), AJO LP (0.97%), Assenagon Asset Management S.A. (0.64%) and Martingale Asset Management L P (0.63%). 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 IndexIQ Advisors LLC, State Board of Administration of Florida Retirement System, Spark Investment Management LLC, AJO LP, Acadian Asset Management LLC and Pacific Ridge Capital Partners 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 Garnet Equity Capital Holdings Inc., Foundry Partners LLC, Marshall Wace LLP, Martingale Asset Management L P, Skylands Capital LLC, LSV Asset Management, Assenagon Asset Management S.A. and Meeder Asset Management 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 $14.56.

Citi Trends has a market capitalization of $175.88 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.