NASDAQ:CTRN - Citi Trends Stock Price, Price Target & More

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

Citi Trends announced a quarterly dividend on Wednesday, May 23rd. Stockholders of record on Tuesday, June 5th will be given a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, June 4th. View Citi Trends' Dividend History.

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

Citi Trends, Inc. (NASDAQ:CTRN) issued its quarterly earnings data on Wednesday, May, 23rd. The company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.90 by $0.07. The company had revenue of $211.03 million for the quarter, compared to the consensus estimate of $210.70 million. Citi Trends had a return on equity of 9.32% and a net margin of 2.22%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.60 earnings per share. View Citi Trends' Earnings History.

Citi Trends updated its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60.

1 analysts have issued twelve-month price objectives for Citi Trends' shares. Their forecasts range from $32.00 to $32.00. On average, they expect Citi Trends' share price to reach $32.00 in the next year. View Analyst Ratings for Citi Trends.

Some companies that are related to Citi Trends include Express (EXPR), Zumiez (ZUMZ), Ascena Retail Group (ASNA), Duluth (DLTH), Tilly's (TLYS), Francesca's (FRAN), Vince (VNCE), Almost Never Films (HLWD) and A�ropostale (AROPQ).

Media coverage about CTRN stock has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Citi Trends earned a news sentiment score of 0.03 on Accern's scale. They also assigned media stories about the company an impact score of 45.54 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Citi Trends' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.27%), Northern Trust Corp (1.39%), Kestrel Investment Management Corp (1.36%), Millennium Management LLC (1.23%), LSV Asset Management (1.19%) and Russell Investments Group Ltd. (0.93%). Company insiders that own Citi Trends stock include Charles Crowell, Christina Short, Ivy D Council and James A Dunn. View Institutional Ownership Trends for Citi Trends.

CTRN stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Federated Investors Inc. PA, Citadel Advisors LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, State Board of Administration of Florida Retirement System, Prudential Financial Inc., Kestrel Investment Management Corp and Russell Investments Group Ltd.. Company insiders that have sold Citi Trends company stock in the last year include Christina Short and Ivy D Council. View Insider Buying and Selling for Citi Trends.

CTRN stock was bought by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Mackay Shields LLC, BlackRock Inc., Schwab Charles Investment Management Inc., GSA Capital Partners LLP, JPMorgan Chase & Co., Barclays PLC and Millennium Management LLC. 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 $30.46.

Citi Trends has a market capitalization of $399.91 million and generates $755.24 million in revenue each year. The company earns $14.57 million in net income (profit) each year or $1.26 on an earnings per share basis. Citi Trends employs 5,600 workers across the globe.

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