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

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

Citizens Stock Performance

Shares of CIZN opened at $8.60 on Friday. The stock has a 50-day moving average of $8.95 and a two-hundred day moving average of $8.40. The stock has a market cap of $48.48 million, a P/E ratio of 14.10 and a beta of -0.02. Citizens has a one year low of $6.64 and a one year high of $10.50.

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

Citizens Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.16 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.44%. Citizens’s payout ratio 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.