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

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

Citizens Price Performance

Shares of Citizens stock opened at $9.50 on Wednesday. The stock has a market capitalization of $53.55 million, a PE ratio of 15.57 and a beta of -0.02. Citizens has a 1-year low of $6.64 and a 1-year high of $9.65. The company’s fifty day simple moving average is $8.88 and its 200-day simple moving average is $8.58.

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

Citizens Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.64 annualized dividend and a dividend yield of 6.74%. 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.