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

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a research note published on Monday. The firm issued a sell rating on the bank’s stock.

Citizens Trading Down 0.8 %

Shares of NASDAQ:CIZN opened at $8.43 on Monday. The stock’s 50-day moving average price is $7.88 and its 200-day moving average price is $7.82. Citizens has a 12-month low of $6.64 and a 12-month high of $11.36. The stock has a market capitalization of $47.53 million, a P/E ratio of 13.18 and a beta of -0.01.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings data on Friday, July 19th. The bank reported $0.18 earnings per share for the quarter. Citizens had a return on equity of 11.07% and a net margin of 5.80%. The business had revenue of $11.14 million for the quarter.

Citizens Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 7.59%. The ex-dividend date of this dividend was Friday, June 14th. Citizens’s payout ratio is currently 100.00%.

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.