Citi cuts target for Lojas Renner stock to BRL 16.00

Published on 10/14/2026 at 02:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi's September target moved from BRL 17.00 to BRL 16.00. Lojas Renner stock pays BRL 0.24 per share on October 14, 2026 in cash.

Target revision and payout calendar

Citi lowered its Lojas Renner target from BRL 17.00 to BRL 16.00 in September 2026.
The company approved BRL 227.5 million in interest on equity for the third quarter of 2026.
Payment of BRL 0.24 per share is scheduled for October 14, 2026.
Lojas Renner plans to release third-quarter results on November 5, 2026.

Lojas Renner, BRLRENACNOR1, Illustration mit AI erstellt.

Citi cut its target for Lojas Renner from BRL 17.00 to BRL 16.00 in a report cited by Money Times on September 17, 2026, while keeping a buy recommendation. The same report said Lojas Renner approved BRL 227.5 million in interest on equity, equal to BRL 0.24 per share, with payment scheduled for October 14, 2026.

Three dated operating signals

In August 2026, the company's second-quarter retail revenue reached BRL 3.69 billion, up 1.10 percent year over year, according to Money Times. The same report said comparable-store sales increased 0.50 percent, compared with 17.30 percent a year earlier.

On September 17, 2026, the board approved the BRL 227.5 million distribution for the third quarter. Investors needed to hold the shares on September 22, 2026, and trading without the entitlement began on September 23, 2026, according to InfoMoney.

What does the payout mean for cash returns

The BRL 0.24 gross payment per share is the immediate shareholder feature of the announcement, but the operating comparison is more cautious. Second-quarter comparable-store growth of 0.50 percent was 16.80 percentage points below the year-earlier rate, placing greater weight on disciplined costs and the Realize financial-services business.

Reporting dates and market value

Lojas Renner's investor-relations calendar sets the third-quarter 2026 earnings release for November 5, 2026, after the market close, followed by a conference call on November 6, 2026, according to Lojas Renner. The company had a market capitalization of BRL 13.5 billion as of October 13, 2026, while its ordinary shares trade on B3 under ticker LREN3.