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

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

Citizens Trading Up 0.8 %

CIZN opened at $8.50 on Monday. The company has a fifty day moving average price of $7.89 and a two-hundred day moving average price of $7.82. Citizens has a 1-year low of $6.64 and a 1-year high of $10.78. The company has a market cap of $47.91 million, a P/E ratio of 13.28 and a beta of -0.01.

Citizens (NASDAQ:CIZN) last issued its earnings results on Friday, July 19th. The bank reported $0.18 EPS 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 during the quarter.

Citizens Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date was Friday, June 14th. Citizens’s dividend 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.