Media headlines about Citi Trends (NASDAQ:CTRN) have been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citi Trends earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.2275731911064 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research firms recently weighed in on CTRN. TheStreet raised shares of Citi Trends from a “c+” rating to a “b-” rating in a research note on Monday, October 16th. BidaskClub lowered shares of Citi Trends from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th.
Shares of Citi Trends (NASDAQ CTRN) opened at $25.74 on Wednesday. Citi Trends has a one year low of $15.54 and a one year high of $26.38. The firm has a market cap of $353.74, a PE ratio of 21.93 and a beta of 0.42.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 28th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Monday, November 27th. Citi Trends’s dividend payout ratio (DPR) is presently 31.68%.
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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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