Citizens (NASDAQ:CIZN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a research report released on Sunday. The brokerage issued a sell rating on the bank’s stock.

Citizens Stock Performance

Shares of NASDAQ CIZN opened at $9.05 on Friday. The company has a fifty day moving average price of $8.92 and a 200 day moving average price of $8.43. The firm has a market cap of $51.04 million, a PE ratio of 14.84 and a beta of -0.02. Citizens has a 1-year low of $6.64 and a 1-year high of $10.50.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings data on Friday, October 25th. The bank reported $0.06 earnings per share for the quarter. The company had revenue of $10.08 million during the quarter. Citizens had a return on equity of 7.54% and a net margin of 4.44%.

Citizens Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend was Monday, September 16th. Citizens’s dividend payout ratio (DPR) 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.