Citizens (NASDAQ:CIZN) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a research note released on Saturday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Trading Down 2.7 %

Shares of Citizens stock opened at $8.95 on Friday. The business’s 50-day moving average price is $8.97 and its 200-day moving average price is $8.74. The firm has a market capitalization of $50.45 million, a PE ratio of 14.67 and a beta of -0.03. Citizens has a 12 month low of $7.53 and a 12 month high of $9.74.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings results on Friday, October 25th. The bank reported $0.06 EPS for the quarter. The business had revenue of $10.08 million for the quarter. Citizens had a net margin of 4.44% and a return on equity of 7.23%.

Citizens Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a dividend of $0.16 per share. The ex-dividend date was Monday, December 16th. This represents a $0.64 annualized dividend and a yield of 7.15%. Citizens’s payout ratio is 104.92%.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.