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

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

Citi Trends announced a quarterly dividend on Friday, November 22nd. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.08 per share on Tuesday, December 24th. This represents a $0.32 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Monday, December 9th. View Citi Trends' Dividend History.

Citi Trends announced that its Board of Directors has initiated a stock buyback program on Friday, March 16th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

Citi Trends, Inc. (NASDAQ:CTRN) released its earnings results on Tuesday, November, 26th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $183.05 million for the quarter. Citi Trends had a net margin of 1.87% and a return on equity of 8.22%. View Citi Trends' Earnings History.

Citi Trends is scheduled to release their next quarterly earnings announcement on Friday, March 20th 2020. View Earnings Estimates for Citi Trends.

Citi Trends updated its FY 2019 Pre-Market earnings guidance on Tuesday, November, 26th. The company provided EPS guidance of $1.40-1.50 for the period.

1 equities research analysts have issued 1-year price objectives 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 twelve months. This suggests a possible upside of 24.8% 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 coverage about CTRN stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group ranks 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 -5 to 5, with scores nearest to five being the most favorable. Citi Trends earned a news impact score of 3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Citi Trends.

Citi Trends saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 565,700 shares, an increase of 7.1% from the December 15th total of 528,200 shares. Based on an average daily trading volume, of 79,500 shares, the short-interest ratio is presently 7.1 days. Currently, 5.1% of the company's 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), Guess? (GES), Buckle (BKE), Abercrombie & Fitch (ANF), Designer Brands (DBI), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO) and Shoe Carnival (SCVL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Tesla (TSLA), Citigroup (C), Broadcom (AVGO), Booking (BKNG), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Ford Motor (F), Guess? (GES), The Coca-Cola (KO), TJX Companies (TJX) and Tapestry (TPR).

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 $22.43.

Citi Trends has a market capitalization of $261.31 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.