Citizens (NASDAQ:CIZN) Research Coverage Started at StockNews.com

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

Citizens Stock Performance

Shares of NASDAQ CIZN opened at $7.75 on Wednesday. Citizens has a 52-week low of $6.64 and a 52-week high of $12.25. The stock has a market cap of $43.71 million, a P/E ratio of 12.11 and a beta of -0.01. The firm has a 50 day moving average price of $7.80 and a 200 day moving average price of $7.82.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings data on Thursday, April 18th. The bank reported $0.51 EPS for the quarter. Citizens had a return on equity of 9.16% and a net margin of 5.28%. The business had revenue of $13.63 million for the quarter.

Citizens Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.64 dividend on an annualized basis and a yield of 8.26%. Citizens’s payout ratio is 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.