Citizens (NYSE:CIA) Releases Earnings Results, Misses Expectations By $0.03 EPS

Citizens (NYSE:CIA - Get Free Report) posted its quarterly earnings results on Thursday. The insurance provider reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.03), Zacks reports. Citizens had a net margin of 8.87% and a return on equity of 11.50%. The business had revenue of $63.47 million during the quarter, compared to the consensus estimate of $64.66 million.

Citizens Trading Up 6.4 %

Shares of NYSE:CIA traded up $0.31 during trading on Wednesday, reaching $5.19. 103,844 shares of the stock were exchanged, compared to its average volume of 87,238. Citizens has a 12 month low of $1.78 and a 12 month high of $5.95. The stock has a 50-day moving average price of $4.83 and a 200-day moving average price of $4.41. The firm has a market cap of $259.02 million, a PE ratio of 12.07 and a beta of 0.11.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Citizens from a "hold" rating to a "sell" rating in a research report on Tuesday.

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.