Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

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

Citizens Trading Down 0.9 %

Shares of Citizens stock opened at $8.92 on Friday. Citizens has a twelve month low of $7.53 and a twelve month high of $9.74. The stock has a market cap of $50.28 million, a price-to-earnings ratio of 14.62 and a beta of -0.02. The company has a fifty day moving average price of $8.94 and a 200 day moving average price of $8.68.

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

Citizens Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.16 per share. The ex-dividend date is Monday, December 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.17%. 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.