
Citizens, Inc. (NYSE:CIA – Free Report) – Research analysts at Sidoti Csr decreased their FY2025 EPS estimates for shares of Citizens in a research note issued on Monday, November 10th. Sidoti Csr analyst B. Mccarthy now expects that the insurance provider will post earnings of $0.22 per share for the year, down from their prior estimate of $0.25. The consensus estimate for Citizens’ current full-year earnings is $0.32 per share.
Several other brokerages have also recently weighed in on CIA. Weiss Ratings reissued a “hold (c)” rating on shares of Citizens in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Citizens from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Citizens presently has an average rating of “Buy”.
Citizens Stock Performance
Shares of Citizens stock traded up $0.03 on Thursday, hitting $5.72. 920 shares of the company traded hands, compared to its average volume of 160,846. The stock has a market capitalization of $287.35 million, a P/E ratio of 26.00 and a beta of 0.41. The business has a 50-day simple moving average of $5.58 and a 200 day simple moving average of $4.58. Citizens has a 52 week low of $2.90 and a 52 week high of $6.36.
Citizens (NYSE:CIA – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The insurance provider reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. Citizens had a return on equity of 6.42% and a net margin of 4.57%.The business had revenue of $62.81 million during the quarter, compared to analyst estimates of $63.46 million.
Institutional Investors Weigh In On Citizens
Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in shares of Citizens by 118.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,032,234 shares of the insurance provider’s stock valued at $3,603,000 after purchasing an additional 558,840 shares during the last quarter. Continental General Insurance Co. acquired a new stake in Citizens in the 2nd quarter valued at approximately $1,505,000. Truffle Hound Capital LLC raised its position in Citizens by 85.7% in the first quarter. Truffle Hound Capital LLC now owns 700,000 shares of the insurance provider’s stock valued at $3,185,000 after purchasing an additional 323,137 shares during the period. Goldman Sachs Group Inc. lifted its stake in Citizens by 142.8% during the first quarter. Goldman Sachs Group Inc. now owns 199,809 shares of the insurance provider’s stock worth $909,000 after purchasing an additional 117,502 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Citizens by 133.6% during the first quarter. Jane Street Group LLC now owns 169,308 shares of the insurance provider’s stock worth $770,000 after buying an additional 96,836 shares during the period. 13.73% of the stock is currently owned by institutional investors and hedge funds.
About Citizens
Citizens, Inc provides life insurance products in the United States and internationally. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S.
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