StockNews.com Begins Coverage on Citizens (NASDAQ:CIZN)

by · The Markets Daily

StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN – Free Report) in a research report report published on Wednesday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Price Performance

Citizens stock opened at $7.85 on Wednesday. The firm has a market cap of $44.27 million, a price-to-earnings ratio of 12.27 and a beta of -0.01. Citizens has a fifty-two week low of $6.64 and a fifty-two week high of $12.25. The firm has a fifty day moving average price of $7.80 and a two-hundred day moving average price of $7.81.

Citizens (NASDAQ:CIZN – Get Free Report) last released its earnings results on Thursday, April 18th. The bank reported $0.51 earnings per share for the quarter. The firm had revenue of $13.63 million during the quarter. Citizens had a net margin of 5.28% and a return on equity of 9.16%.

Citizens Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $0.64 annualized dividend and a dividend yield of 8.15%. Citizens’s payout ratio is 100.00%.

Citizens Company Profile

(Get Free Report)

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.

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