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

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

Citizens Price Performance

Citizens stock opened at $10.60 on Monday. The stock’s 50 day moving average is $9.19 and its 200 day moving average is $8.90. The firm has a market cap of $59.78 million, a P/E ratio of 17.38 and a beta of -0.03. Citizens has a one year low of $7.53 and a one year high of $11.00.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings data on Friday, October 25th. The bank reported $0.06 EPS for the quarter. The company 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 firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend was Monday, December 16th. Citizens’s dividend payout ratio (DPR) 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.