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

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

Citizens Stock Performance

Shares of CIZN stock opened at $8.75 on Monday. Citizens has a 52-week low of $6.64 and a 52-week high of $10.50. The stock has a market cap of $49.35 million, a price-to-earnings ratio of 14.34 and a beta of -0.02. The firm’s 50-day moving average is $8.85 and its 200-day moving average is $8.48.

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. 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 Dividend Announcement

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