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

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

Citizens Stock Down 2.6 %

Citizens stock opened at $9.55 on Monday. Citizens has a twelve month low of $7.53 and a twelve month high of $10.08. The company has a market capitalization of $53.86 million, a P/E ratio of 15.66 and a beta of -0.03. The stock’s 50 day moving average is $9.13 and its 200 day moving average is $8.87.

Citizens (NASDAQ:CIZN) last released its earnings results 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 was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a $0.16 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.70%. Citizens’s dividend payout ratio (DPR) is currently 104.92%.

About Citizens

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.