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

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

Citizens Stock Up 2.0 %

CIZN opened at $8.94 on Tuesday. Citizens has a twelve month low of $6.64 and a twelve month high of $10.30. The company has a fifty day moving average of $8.85 and a 200-day moving average of $8.51. The stock has a market cap of $50.41 million, a PE ratio of 14.36 and a beta of -0.02.

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

Citizens Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date is Monday, December 16th. Citizens’s payout ratio is 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.