Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

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

Citizens Trading Up 3.2 %

Citizens stock opened at $9.03 on Monday. The stock has a market cap of $50.90 million, a P/E ratio of 14.11 and a beta of -0.02. The company has a 50-day moving average price of $8.87 and a 200 day moving average price of $8.17. Citizens has a 12-month low of $6.64 and a 12-month high of $10.64.

Citizens (NASDAQ:CIZN) last released its quarterly earnings results on Friday, July 19th. The bank reported $0.18 EPS for the quarter. Citizens had a net margin of 5.80% and a return on equity of 10.33%. The firm had revenue of $11.14 million for the quarter.

Citizens Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date of this dividend was Monday, September 16th. Citizens’s dividend payout ratio is presently 100.00%.

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.