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

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

Citizens Stock Up 2.0 %

Shares of CIZN opened at $8.94 on Tuesday. The stock has a market cap of $50.41 million, a PE ratio of 14.36 and a beta of -0.02. Citizens has a 12-month low of $6.64 and a 12-month high of $10.30. The business has a 50-day simple moving average of $8.85 and a two-hundred day simple moving average of $8.51.

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

Citizens Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.64 annualized dividend and a dividend yield of 7.16%. Citizens’s dividend payout ratio 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.