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

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

Citizens Stock Down 8.6 %

Citizens stock opened at $8.90 on Thursday. Citizens has a 52-week low of $7.30 and a 52-week high of $9.74. The company has a market cap of $50.17 million, a P/E ratio of 14.59 and a beta of -0.02. The business has a 50-day simple moving average of $8.91 and a two-hundred day simple moving average of $8.63.

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

Citizens Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 7.19%. The ex-dividend date is Monday, December 16th. Citizens’s dividend payout ratio (DPR) is currently 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.