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

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

Citizens Trading Up 9.4 %

Shares of CIZN stock opened at $9.74 on Thursday. The company has a market capitalization of $54.90 million, a price-to-earnings ratio of 15.97 and a beta of -0.02. Citizens has a 1-year low of $7.15 and a 1-year high of $9.74. The stock’s fifty day simple moving average is $8.91 and its 200-day simple moving average is $8.62.

Citizens (NASDAQ:CIZN) last released its earnings results on Friday, October 25th. The bank reported $0.06 earnings per share 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 business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date of this dividend is Monday, December 16th. Citizens’s dividend payout ratio (DPR) is currently 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.