Citizens (NYSE:CIA) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Citizens (NYSE:CIAGet Free Report) posted its quarterly earnings data on Thursday. The insurance provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03), Zacks reports. Citizens had a return on equity of 11.50% and a net margin of 8.87%. The company had revenue of $63.47 million during the quarter, compared to the consensus estimate of $64.66 million.

Citizens Stock Performance

CIA opened at $4.69 on Friday. The company has a fifty day moving average price of $4.79 and a two-hundred day moving average price of $4.35. Citizens has a 52 week low of $1.78 and a 52 week high of $5.95. The firm has a market capitalization of $234.06 million, a PE ratio of 10.91 and a beta of 0.11.

Analysts Set New Price Targets

Separately, Singular Research upgraded shares of Citizens to a “strong-buy” rating in a research report on Monday, November 18th.

Read Our Latest Stock Report on Citizens

About Citizens

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Citizens, Inc provides life insurance products in the United States and internationally. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S.

Further Reading

Earnings History for Citizens (NYSE:CIA)

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