NASDAQ:CTRN - Citi Trends Stock Price, News, & Analysis

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$14.63 -2.57 (-14.94 %)
(As of 05/24/2019 06:06 AM ET)
Previous Close$17.20
Today's Range$17.00 - $17.86
52-Week Range$13.49 - $34.90
Volume367,900 shs
Average Volume78,933 shs
Market Capitalization$177.40 million
P/E Ratio8.92
Dividend Yield1.86%
Beta0.42
Citi Trends, Inc. operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, such as fashion sportswear for men and women, as well as children, including newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional bedroom, bathroom, and kitchen products, as well as beauty products and toys. It provides its products primarily to African-Americans in the United States. As of February 2, 2019, the company operated 562 stores in 32 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.

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Industry, Sector and Symbol

Industry Apparel & accessory stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNASDAQ:CTRN
CUSIP17306X10
Phone912-236-1561

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$769.55 million
Cash Flow$2.5532 per share
Book Value$14.50 per share

Profitability

Net Income$21.37 million

Miscellaneous

Employees5,500
Market Cap$177.40 million
Next Earnings DateN/A
OptionableOptionable

Citi Trends (NASDAQ:CTRN) Frequently Asked Questions

What is Citi Trends' stock symbol?

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

How often does Citi Trends pay dividends? What is the dividend yield for Citi Trends?

Citi Trends announced a quarterly dividend on Thursday, February 14th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.08 per share on Tuesday, March 19th. This represents a $0.32 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Monday, March 4th. View Citi Trends' Dividend History.

How will Citi Trends' stock buyback program work?

Citi Trends announced that its board has initiated a share buyback plan on Friday, March 16th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

How were Citi Trends' earnings last quarter?

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Friday, March, 15th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.03. The firm had revenue of $201.16 million for the quarter, compared to analyst estimates of $215 million. Citi Trends had a return on equity of 10.67% and a net margin of 2.78%. The company's revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 EPS. View Citi Trends' Earnings History.

What guidance has Citi Trends issued on next quarter's earnings?

Citi Trends issued an update on its FY20 earnings guidance on Thursday, May, 23rd. The company provided earnings per share (EPS) guidance of $1.30-1.50 for the period. Citi Trends also updated its FY 2019 guidance to $1.30-1.50 EPS.

What price target have analysts set for CTRN?

1 brokers have issued 12-month price objectives for Citi Trends' shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Citi Trends' share price to reach $28.00 in the next year. This suggests a possible upside of 91.4% from the stock's current price. View Analyst Price Targets for Citi Trends.

What is the consensus analysts' recommendation 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.

Has Citi Trends been receiving favorable news coverage?

Media coverage about CTRN stock has trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Citi Trends earned a news impact score of 0.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Citi Trends' key competitors?

What other stocks do shareholders of Citi Trends own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Broadcom (AVGO), Citigroup (C), Baidu (BIDU), Booking (BKNG), Stitch Fix (SFIX), Synchronoss Technologies (SNCR), TriCo Bancshares (TCBK), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Ulta Beauty (ULTA) and BOX (BOX).

Who are Citi Trends' key executives?

Citi Trends' management team includes the folowing people:
  • Mr. Bruce D. Smith, Pres, CEO, Sec. & Director (Age 60)
  • Mr. Stuart C. Clifford, Sr. VP & CFO (Age 65)
  • Ms. Ivy D. Council, Exec. VP of HR & Chief Compliance Officer (Age 62)
  • Mr. Brian D. Lattman, Sr. VP & Gen. Merchandise Mang. (Age 48)
  • Ms. Christina K. Short, Sr. VP & Gen. Merchandise Mang. (Age 47)

Who are Citi Trends' major shareholders?

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (9.38%), BlackRock Inc. (8.75%), AQR Capital Management LLC (4.14%), Goldman Sachs Group Inc. (1.93%), Foundry Partners LLC (1.83%) and LSV Asset Management (1.76%). Company insiders that own Citi Trends stock include Christina Short, Ivy D Council and Jonathan Duskin. View Institutional Ownership Trends for Citi Trends.

Which institutional investors are selling Citi Trends stock?

CTRN stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, BlackRock Inc., IndexIQ Advisors LLC, State Board of Administration of Florida Retirement System, Spark Investment Management LLC, Dimensional Fund Advisors LP, Morgan Stanley and JPMorgan Chase & Co.. 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.

Which institutional investors are buying Citi Trends stock?

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, Renaissance Technologies LLC, Wells Fargo & Company MN, Geode Capital Management LLC and Oxford Asset Management LLP. View Insider Buying and Selling for Citi Trends.

How do I buy shares of 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.

What is Citi Trends' stock price today?

One share of CTRN stock can currently be purchased for approximately $14.63.

How big of a company is Citi Trends?

Citi Trends has a market capitalization of $177.40 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.

What is Citi Trends' official website?

The official website for Citi Trends is http://www.cititrends.com/.

How can I contact Citi Trends?

Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The company can be reached via phone at 912-236-1561.


MarketBeat Community Rating for Citi Trends (NASDAQ CTRN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  510
MarketBeat's community ratings are surveys of what our community members think about Citi Trends and other stocks. Vote "Outperform" if you believe CTRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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