Citizens, Inc. (NYSE:CIA - Free Report) - Stock analysts at Sidoti Csr dropped their FY2024 earnings per share estimates for shares of Citizens in a research report issued to clients and investors on Friday, November 8th. Sidoti Csr analyst B. Mccarthy now forecasts that the insurance provider will post earnings per share of $0.32 for the year, down from their previous estimate of $0.33. The consensus estimate for Citizens' current full-year earnings is $0.31 per share. Sidoti Csr also issued estimates for Citizens' Q4 2024 earnings at $0.09 EPS, Q1 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.11 EPS and FY2025 earnings at $0.38 EPS.
Citizens Stock Performance
Shares of CIA traded down $0.26 during midday trading on Monday, hitting $4.49. The company had a trading volume of 66,956 shares, compared to its average volume of 72,072. Citizens has a 1 year low of $1.78 and a 1 year high of $5.95. The firm has a market capitalization of $223.92 million, a P/E ratio of 10.56 and a beta of 0.11. The company's 50-day simple moving average is $4.10 and its 200-day simple moving average is $3.22.
Insider Transactions at Citizens
In other Citizens news, CEO Jon Stenberg bought 12,558 shares of the business's stock in a transaction dated Thursday, September 5th. The shares were acquired at an average price of $2.96 per share, with a total value of $37,171.68. Following the transaction, the chief executive officer now owns 18,023 shares of the company's stock, valued at approximately $53,348.08. The trade was a 200.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 16,449 shares of company stock valued at $47,864. Corporate insiders own 1.20% of the company's stock.
Institutional Investors Weigh In On Citizens
Several hedge funds and other institutional investors have recently made changes to their positions in CIA. Empowered Funds LLC increased its position in Citizens by 5.3% during the third quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider's stock worth $501,000 after buying an additional 6,968 shares during the period. First Eagle Investment Management LLC increased its position in Citizens by 26.8% during the second quarter. First Eagle Investment Management LLC now owns 418,923 shares of the insurance provider's stock worth $1,139,000 after buying an additional 88,415 shares during the period. Ritholtz Wealth Management acquired a new position in Citizens during the second quarter worth approximately $54,000. Finally, Marietta Wealth Management LLC acquired a new position in Citizens during the second quarter worth approximately $64,000. Institutional investors and hedge funds own 13.73% of the company's stock.
Citizens Company Profile
(
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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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