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

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

Citizens Trading Up 2.3 %

Shares of NASDAQ CIZN opened at $9.00 on Tuesday. The firm’s 50-day moving average price is $9.04 and its 200-day moving average price is $8.24. Citizens has a 1-year low of $6.64 and a 1-year high of $10.50. The firm has a market capitalization of $50.76 million, a P/E ratio of 11.43 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last posted its earnings results on Friday, July 19th. The bank reported $0.18 earnings per share for the quarter. Citizens had a net margin of 5.80% and a return on equity of 10.33%. The company had revenue of $11.14 million for the quarter.

Citizens Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a $0.16 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.11%. Citizens’s dividend payout ratio is presently 83.12%.

Citizens Company Profile

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.