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

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

Citizens Stock Performance

Citizens stock opened at $9.20 on Friday. Citizens has a fifty-two week low of $7.53 and a fifty-two week high of $9.74. The company has a market capitalization of $51.86 million, a PE ratio of 15.08 and a beta of -0.03. The company has a 50 day moving average price of $8.96 and a 200-day moving average price of $8.73.

Citizens (NASDAQ:CIZN) last issued its earnings results on Friday, October 25th. The bank reported $0.06 earnings per share for the quarter. The business had revenue of $10.08 million during the quarter. Citizens had a return on equity of 7.23% and a net margin of 4.44%.

Citizens Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were given a $0.16 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.64 annualized dividend and a dividend yield of 6.96%. Citizens’s payout ratio is presently 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.