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

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

Citizens Stock Down 1.6 %

Shares of Citizens stock opened at $9.24 on Friday. The stock’s fifty day moving average is $8.68 and its two-hundred day moving average is $8.10. The company has a market capitalization of $52.09 million, a PE ratio of 14.44 and a beta of -0.02. Citizens has a 52 week low of $6.64 and a 52 week high of $10.64.

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

Citizens Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date of this dividend is Monday, September 16th. Citizens’s payout ratio is 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.