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

StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research report sent to investors on Friday. The brokerage issued a sell rating on the bank’s stock.

Citizens Trading Down 0.9 %

NASDAQ:CIZN opened at $8.92 on Friday. The firm has a market cap of $50.28 million, a price-to-earnings ratio of 14.62 and a beta of -0.02. Citizens has a 12-month low of $7.53 and a 12-month high of $9.74. The company’s 50-day moving average is $8.94 and its two-hundred day moving average is $8.68.

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

Citizens Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 7.17%. The ex-dividend date of this dividend is Monday, December 16th. Citizens’s dividend payout ratio (DPR) is 104.92%.

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.