Citi Trends Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citi Trends in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Citi Trends stock.
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4 brokers have issued 12-month price targets for Citi Trends' shares. Their CTRN stock forecasts range from $34.00 to $60.00. On average, they expect Citi Trends' share price to reach $47.25 in the next twelve months. This suggests a possible upside of 94.8% from the stock's current price.
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Citi Trends' stock was trading at $94.75 at the beginning of 2022. Since then, CTRN shares have decreased by 74.4% and is now trading at $24.25.
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Citi Trends saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 2,360,000 shares, a drop of 29.1% from the May 15th total of 3,330,000 shares. Based on an average trading volume of 612,400 shares, the short-interest ratio is presently 3.9 days. Currently, 28.3% of the shares of the company are sold short.
View Citi Trends' Short Interest.

Citi Trends is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
View our earnings forecast for Citi Trends.

Citi Trends, Inc. (NASDAQ:CTRN) posted its quarterly earnings results on Tuesday, May, 24th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.34 by $0.08. Citi Trends had a net margin of 6.73% and a trailing twelve-month return on equity of 27.43%. During the same period last year, the business posted $3.23 EPS.
View Citi Trends' earnings history.

Citi Trends updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of $2.25-$2.75 for the period, compared to the consensus EPS estimate of $3.52. The company issued revenue guidance of $860.00 million-$880.00 million, compared to the consensus revenue estimate of $914.83 million.

Some companies that are related to Citi Trends include TJX Companies (TJX), Ross Stores (ROST), Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess' (GES), Designer Brands (DBI), Caleres (CAL), Abercrombie & Fitch (ANF), Genesco (GCO), Chico's FAS (CHS), Shoe Carnival (SCVL) and Children's Place (PLCE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Citi Trends investors own include Citigroup (C), Tapestry (TPR), Tesla (TSLA), Verizon Communications (VZ), International Business Machines (IBM), Pfizer (PFE), Walgreens Boots Alliance (WBA), Wells Fargo (WFC), AbbVie (ABBV) and Broadcom (AVGO).

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

Citi Trends' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.97%), Victory Capital Management Inc. (7.97%), Vanguard Group Inc. (7.34%), Jennison Associates LLC (7.01%), Dimensional Fund Advisors LP (4.76%) and State Street Corp (3.08%). Company insiders that own Citi Trends stock include Charles J Hynes, Christina M Francis, Christina Short, David N Makuen, Ivy D Council, James A Dunn, James A Dunn, Jason Moschner, Jessica Berkowitz, Jonathan Duskin, Kenneth Duane Seipel, Lisa A Powell, Margaret L Jenkins 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 Arrowstreet Capital Limited Partnership, Polar Asset Management Partners Inc., Dimensional Fund Advisors LP, Foundry Partners LLC, UBS Group AG, Royal Bank of Canada, Russell Investments Group Ltd., and Northern Trust Corp. Company insiders that have sold Citi Trends company stock in the last two years include Charles J Hynes, Christina Short, Ivy D Council, James A Dunn, Jason Moschner, Jessica Berkowitz, Lisa A Powell, and Margaret L Jenkins.
View insider buying and selling activity for Citi Trends or view top insider-selling stocks.

CTRN stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Sender Co & Partners Inc., Renaissance Technologies LLC, BlackRock Inc., Federated Hermes Inc., JPMorgan Chase & Co., Engineers Gate Manager LP, and PDT Partners LLC. Company insiders that have bought Citi Trends stock in the last two years include Christina M Francis, David N Makuen, and Kenneth Duane Seipel.
View insider buying and selling activity for Citi Trends or or view top insider-buying stocks.

Shares of CTRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTRN stock can currently be purchased for approximately $24.25.

Citi Trends (NASDAQ:CTRN) has a market capitalization of $203.70 million and generates $991.59 million in revenue each year. The company earns $62.24 million in net income (profit) each year or $7.139990 on an earnings per share basis.

Citi Trends employs 5,400 workers across the globe.

Citi Trends was founded in 1946.

Citi Trends' mailing address is 104 COLEMAN BOULEVARD, SAVANNAH GA, 31408. The official website for Citi Trends is www.cititrends.com. The company can be reached via phone at (912) 236-1561 or via fax at 912-443-3663.