Citi Trends Inc. (NASDAQ:CTRN) will announce its earnings results on Tuesday, November 22nd. Investors that are interested in registering for the company’s conference call can do so using this link.

Citi Trends (NASDAQ:CTRN) last released its quarterly earnings results on Wednesday, August 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.05. Citi Trends had a return on equity of 5.64% and a net margin of 1.86%. The company earned $155.30 million during the quarter. During the same period in the previous year, the company posted $0.01 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts expect Citi Trends to post $1 EPS for the current fiscal year and $1.3 EPS for the next fiscal year.

Earnings History for Citi Trends (NASDAQ:CTRN)

Citi Trends Inc. (NASDAQ:CTRN) traded down 1.34% on Friday, hitting $21.30. The stock had a trading volume of 139,520 shares. Citi Trends Inc. has a 1-year low of $14.01 and a 1-year high of $24.41. The firm’s 50-day moving average price is $20.08 and its 200-day moving average price is $18.05. The firm has a market cap of $312.58 million, a P/E ratio of 24.71 and a beta of 0.34.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 13th. Shareholders of record on Tuesday, November 29th will be given a $0.06 dividend. The ex-dividend date is Friday, November 25th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.11%. Citi Trends’s dividend payout ratio is currently 27.59%.

Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in shares of Citi Trends by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,156,546 shares of the company’s stock valued at $17,961,000 after buying an additional 10,173 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Citi Trends by 2.3% in the second quarter. Vanguard Group Inc. now owns 552,952 shares of the company’s stock valued at $8,587,000 after buying an additional 12,595 shares during the last quarter. BlackRock Investment Management LLC increased its position in shares of Citi Trends by 5.7% in the second quarter. BlackRock Investment Management LLC now owns 62,696 shares of the company’s stock valued at $974,000 after buying an additional 3,364 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Citi Trends by 9.4% in the second quarter. Alliancebernstein L.P. now owns 1,479,927 shares of the company’s stock valued at $22,983,000 after buying an additional 127,700 shares during the last quarter. Finally, FMR LLC increased its position in shares of Citi Trends by 18.3% in the second quarter. FMR LLC now owns 1,551,453 shares of the company’s stock valued at $24,094,000 after buying an additional 239,453 shares during the last quarter. Institutional investors and hedge funds own 95.62% of the company’s stock.

A number of analysts have commented on CTRN shares. MKM Partners reiterated a “neutral” rating and issued a $16.00 price objective on shares of Citi Trends in a research report on Wednesday, August 17th. TheStreet downgraded Citi Trends from a “buy” rating to a “hold” rating in a research report on Wednesday, August 17th. Finally, Zacks Investment Research upgraded Citi Trends from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Friday, August 19th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

About Citi Trends

Citi Trends, Inc is a retailer of urban fashion apparel and accessories. The Company’s segment is retail operations. The Company operates approximately 520 stores in both urban and rural markets in over 30 states. The Company offers products under its brands, such as Citi Steps and Red Ape. The Company’s merchandise includes apparel, accessories and home.

5 Day Chart for NASDAQ:CTRN

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