Citizens & Northern (CZNC) Set to Announce Earnings on Thursday

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Citizens & Northern (NASDAQ:CZNC - Get Free Report) is set to announce its earnings results on Thursday, April 18th.

Citizens & Northern (NASDAQ:CZNC - Get Free Report) last posted its earnings results on Monday, March 11th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.08). The company had revenue of $25.27 million for the quarter, compared to analysts' expectations of $26.39 million. Citizens & Northern had a return on equity of 9.60% and a net margin of 17.51%. On average, analysts expect Citizens & Northern to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Citizens & Northern Stock Performance

Shares of NASDAQ:CZNC traded up $0.02 during trading on Wednesday, hitting $17.04. 12,606 shares of the company were exchanged, compared to its average volume of 24,814. The company has a market cap of $262.04 million, a PE ratio of 10.87 and a beta of 0.44. The stock has a 50 day moving average of $18.25 and a 200 day moving average of $19.42. Citizens & Northern has a 52-week low of $16.71 and a 52-week high of $23.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.91 and a quick ratio of 0.91.


Citizens & Northern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 9th. Investors of record on Monday, January 29th were given a $0.28 dividend. The ex-dividend date was Friday, January 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.57%. Citizens & Northern's dividend payout ratio (DPR) is presently 71.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CZNC shares. StockNews.com downgraded Citizens & Northern from a "hold" rating to a "sell" rating in a research report on Friday, March 15th. TheStreet downgraded Citizens & Northern from a "b-" rating to a "c+" rating in a research report on Wednesday, March 13th.

View Our Latest Report on CZNC

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CZNC. Great West Life Assurance Co. Can increased its stake in Citizens & Northern by 180.8% in the first quarter. Great West Life Assurance Co. Can now owns 1,098 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 707 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Citizens & Northern by 148.8% in the third quarter. Tower Research Capital LLC TRC now owns 1,774 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 1,061 shares during the last quarter. UBS Group AG increased its stake in Citizens & Northern by 66.2% in the third quarter. UBS Group AG now owns 2,122 shares of the financial services provider's stock valued at $51,000 after acquiring an additional 845 shares during the last quarter. BNP Paribas Arbitrage SNC increased its stake in Citizens & Northern by 237.9% in the first quarter. BNP Paribas Arbitrage SNC now owns 3,325 shares of the financial services provider's stock valued at $71,000 after acquiring an additional 2,341 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Citizens & Northern by 35.9% in the second quarter. BNP Paribas Arbitrage SA now owns 3,528 shares of the financial services provider's stock valued at $85,000 after acquiring an additional 932 shares during the last quarter. Institutional investors own 30.83% of the company's stock.

About Citizens & Northern

(Get Free Report)

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers. Its deposit products include various types of checking accounts, passbook and statement savings, money market accounts, interest checking accounts, and individual retirement accounts, as well as certificates of deposit; and lending products, including commercial, mortgage, and consumer loans, as well as specialized instruments, such as commercial letters-of-credit.

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Earnings History for Citizens & Northern (NASDAQ:CZNC)

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