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

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

Citizens Price Performance

Shares of CIZN opened at $8.90 on Friday. Citizens has a one year low of $6.64 and a one year high of $10.50. The company has a market cap of $50.20 million, a P/E ratio of 14.59 and a beta of -0.02. The firm has a 50 day simple moving average of $8.88 and a two-hundred day simple moving average of $8.45.

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. The company had revenue of $10.08 million during the quarter. Citizens had a return on equity of 7.54% and a net margin of 4.44%.

Citizens Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.19%. The ex-dividend date was Monday, September 16th. Citizens’s dividend payout ratio is currently 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.