Citi Trends Stock Price, News & Analysis (NASDAQ:CTRN)

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

Citi Trends announced a quarterly dividend on Thursday, August 22nd. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.08 per share on Tuesday, September 17th. This represents a $0.32 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, August 30th. View Citi Trends' Dividend History.

Citi Trends declared that its board has approved a share buyback 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. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Thursday, August, 22nd. The company reported $0.03 earnings per share for the quarter. The company had revenue of $182.83 million for the quarter. Citi Trends had a return on equity of 8.35% and a net margin of 1.96%. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Friday, November 29th 2019. View Earnings Estimates for Citi Trends.

Citi Trends updated its FY 2019 earnings guidance on Thursday, August, 22nd. The company provided EPS guidance of $1.30-1.50 for the period.

1 equities research analysts have issued 1-year price objectives for Citi Trends' shares. Their predictions range from $28.00 to $28.00. On average, they anticipate Citi Trends' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 51.9% 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 trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press 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 positive five, with scores closest to five being the most favorable. Citi Trends earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Citi Trends.

Citi Trends saw a drop in short interest in September. As of September 30th, there was short interest totalling 344,700 shares, a drop of 8.1% from the August 30th total of 375,100 shares. Based on an average daily volume of 89,300 shares, the short-interest ratio is presently 3.9 days. Approximately 3.0% of the shares of the stock are sold short. View Citi Trends' Current Options Chain.

Some companies that are related to Citi Trends include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Childrens Place (PLCE), Designer Brands (DBI), Guess? (GES), Buckle (BKE), Abercrombie & Fitch (ANF), Caleres (CAL), Zumiez (ZUMZ), Genesco (GCO) and Shoe Carnival (SCVL).

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 shareholders include Strs Ohio (0.26%), Assenagon Asset Management S.A. (0.20%) and Meeder Asset Management Inc. (0.07%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council, Jonathan Duskin and Peter R Sachse. View Institutional Ownership Trends for Citi Trends.

CTRN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Strs Ohio. Company insiders that have sold Citi Trends company stock in the last year include Christina Short 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 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, Robinhood, Fidelity and Charles Schwab.

One share of CTRN stock can currently be purchased for approximately $18.43.

Citi Trends has a market capitalization of $219.50 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.