Citizens (NASDAQ:CIZN) Earns Sell Rating from Analysts at StockNews.com

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

Citizens Stock Performance

Shares of CIZN opened at $8.75 on Friday. Citizens has a 52-week low of $6.64 and a 52-week high of $10.50. The firm has a market cap of $49.32 million, a price-to-earnings ratio of 14.34 and a beta of -0.02. The business’s fifty day moving average is $9.04 and its 200-day moving average is $8.36.

Citizens (NASDAQ:CIZN) last posted its quarterly 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 net margin of 4.44% and a return on equity of 7.54%.

Citizens Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.31%. Citizens’s dividend payout ratio (DPR) is 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.