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

StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research note published on Sunday. 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 one year low of $6.64 and a one year high of $10.64. The company has a market capitalization of $49.32 million, a P/E ratio of 13.67 and a beta of -0.02. The stock has a 50-day moving average price of $8.79 and a 200 day moving average price of $8.15.

Citizens (NASDAQ:CIZN) last posted its earnings results on Friday, July 19th. The bank reported $0.18 EPS for the quarter. The firm had revenue of $11.14 million during the quarter. Citizens had a net margin of 5.80% and a return on equity of 10.33%.

Citizens Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.16 dividend. The ex-dividend date is Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a yield of 7.31%. Citizens’s dividend payout ratio is currently 100.00%.

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.