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 Monday. The firm issued a sell rating on the bank’s stock.

Citizens Trading Up 2.1 %

NASDAQ CIZN opened at $8.75 on Monday. The stock has a market capitalization of $49.35 million, a price-to-earnings ratio of 14.34 and a beta of -0.02. The business’s 50 day moving average is $8.85 and its two-hundred day moving average is $8.48. Citizens has a 12-month low of $6.64 and a 12-month high of $10.50.

Citizens (NASDAQ:CIZN) last announced its quarterly earnings data on Friday, October 25th. The bank reported $0.06 earnings per share for the quarter. Citizens had a return on equity of 7.54% and a net margin of 4.44%. The firm had revenue of $10.08 million for the quarter.

Citizens Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend is Monday, December 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.