Media headlines about Citi Trends (NASDAQ:CTRN) have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citi Trends earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.8518905366579 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Citi Trends (NASDAQ:CTRN) traded down 3.79% during mid-day trading on Thursday, reaching $19.79. The company had a trading volume of 91,668 shares. Citi Trends has a 12-month low of $15.54 and a 12-month high of $22.73. The stock has a market capitalization of $284.60 million, a P/E ratio of 21.75 and a beta of 0.42. The stock has a 50 day moving average price of $19.08 and a 200-day moving average price of $19.32.
Citi Trends (NASDAQ:CTRN) last announced its earnings results on Wednesday, August 16th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.05). The business had revenue of $166.20 million during the quarter, compared to the consensus estimate of $164.70 million. Citi Trends had a return on equity of 6.93% and a net margin of 1.88%. Citi Trends’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.01) earnings per share. Equities analysts anticipate that Citi Trends will post $1.22 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Tuesday, August 29th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, August 25th. This represents a $0.32 dividend on an annualized basis and a yield of 1.62%. Citi Trends’s dividend payout ratio is currently 35.16%.
CTRN has been the topic of several research analyst reports. BidaskClub lowered Citi Trends from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. TheStreet lowered Citi Trends from a “b” rating to a “c+” rating in a research note on Wednesday, September 6th.
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Citi Trends Company Profile
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.
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