Key Points
- Citizens CEO Jon Stenberg bought 10,000 shares on March 17 at an average price of $4.81, boosting his stake by 5.03% to 208,930 shares valued at roughly $1.005 million.
- Citizens reported quarter EPS of $0.11, beating expectations of $0.08 with revenue of $72.07 million versus $67.89 million expected, and analysts forecast ~0.32 EPS for the fiscal year.
- The stock opened at $4.59 (market cap ~$230.4M), has a P/E of 16.38, trades below its 50- and 200-day averages (~$5.48), a 12-month range of $2.90–$6.40, and about 13.7% institutional ownership.
Citizens, Inc. (NYSE:CIA - Get Free Report) CEO Jon Stenberg acquired 10,000 shares of the firm's stock in a transaction on Tuesday, March 17th. The shares were bought at an average cost of $4.81 per share, with a total value of $48,100.00. Following the completion of the transaction, the chief executive officer directly owned 208,930 shares in the company, valued at $1,004,953.30. This trade represents a 5.03% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Citizens Trading Down 1.0%
NYSE:CIA opened at $4.59 on Friday. The firm has a market cap of $230.37 million, a P/E ratio of 16.38 and a beta of 0.43. The stock's 50 day simple moving average is $5.48 and its 200-day simple moving average is $5.46. Citizens, Inc. has a 12-month low of $2.90 and a 12-month high of $6.40.
Citizens (NYSE:CIA - Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The insurance provider reported $0.11 EPS for the quarter, topping the consensus estimate of $0.08 by $0.03. Citizens had a return on equity of 7.23% and a net margin of 5.71%.The business had revenue of $72.07 million during the quarter, compared to analysts' expectations of $67.89 million. Research analysts forecast that Citizens, Inc. will post 0.32 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a "hold (c)" rating on shares of Citizens in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold".
Check Out Our Latest Analysis on CIA
Institutional Trading of Citizens
Several hedge funds have recently modified their holdings of CIA. Invesco Ltd. boosted its stake in shares of Citizens by 28.5% in the fourth quarter. Invesco Ltd. now owns 39,301 shares of the insurance provider's stock valued at $190,000 after buying an additional 8,721 shares in the last quarter. Empowered Funds LLC raised its position in Citizens by 12.7% in the fourth quarter. Empowered Funds LLC now owns 220,243 shares of the insurance provider's stock worth $1,064,000 after acquiring an additional 24,905 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in Citizens by 4.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 473,232 shares of the insurance provider's stock valued at $2,286,000 after acquiring an additional 21,963 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Citizens by 6.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 70,353 shares of the insurance provider's stock valued at $340,000 after acquiring an additional 4,420 shares during the period. Finally, Barclays PLC boosted its position in shares of Citizens by 6.8% during the 4th quarter. Barclays PLC now owns 215,908 shares of the insurance provider's stock worth $1,043,000 after purchasing an additional 13,689 shares in the last quarter. 13.73% of the stock is owned by institutional investors and hedge funds.
Citizens Company Profile
(
Get Free Report)
Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.
Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.
Further Reading
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