Sidoti Analysts Decrease Earnings Estimates for Citizens

Key Points

• Sidoti lowered Citizens’ Q3 2026 EPS estimate to $0.03 from $0.08, while projecting full-year 2028 earnings of $0.28 per share.
• Citizens recently reported quarterly EPS of $0.01, missing the $0.07 consensus estimate, while revenue of $61.9 million also fell short of forecasts.
• Shares opened at $3.84, near their one-year low, and the stock maintains a consensus “Hold” rating after Weiss Ratings downgraded it to “hold (c).”

Citizens, Inc. (NYSE:CIA - Free Report) - Equities research analysts at Sidoti cut their Q3 2026 earnings per share estimates for Citizens in a report released on Monday, August 10th. Sidoti analyst B. Mccarthy now expects that the insurance provider will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.08. The consensus estimate for Citizens' current full-year earnings is $0.31 per share. Sidoti also issued estimates for Citizens' Q4 2026 earnings at $0.05 EPS, Q1 2027 earnings at $0.03 EPS, Q2 2027 earnings at $0.03 EPS, Q3 2027 earnings at $0.05 EPS, Q4 2027 earnings at $0.09 EPS, Q1 2028 earnings at $0.04 EPS, Q2 2028 earnings at $0.06 EPS and FY2028 earnings at $0.28 EPS.

Citizens (NYSE:CIA - Get Free Report) last issued its earnings results on Thursday, August 6th. The insurance provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). The company had revenue of $61.90 million during the quarter, compared to analyst estimates of $63.85 million. Citizens had a return on equity of 4.73% and a net margin of 4.55%.

Separately, Weiss Ratings lowered Citizens from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Citizens Price Performance

Shares of CIA stock opened at $3.84 on Tuesday. The stock's fifty day simple moving average is $5.36 and its 200 day simple moving average is $5.35. The firm has a market cap of $193.15 million, a price-to-earnings ratio of 18.29 and a beta of 0.48. Citizens has a one year low of $3.72 and a one year high of $6.54.

Hedge Funds Weigh In On Citizens

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE increased its stake in shares of Citizens by 3,686.7% in the second quarter. Bank of America Corp DE now owns 14,541 shares of the insurance provider's stock valued at $51,000 after buying an additional 14,157 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Citizens by 92.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,724 shares of the insurance provider's stock worth $56,000 after buying an additional 5,141 shares in the last quarter. Alliancebernstein L.P. acquired a new position in Citizens during the 3rd quarter worth about $57,000. The Manufacturers Life Insurance Company bought a new stake in Citizens during the 2nd quarter worth about $63,000. Finally, Brandywine Global Investment Management LLC bought a new stake in Citizens during the 4th quarter worth about $84,000. Institutional investors and hedge funds own 13.73% of the company's stock.

Insider Buying and Selling

In other Citizens news, CEO Jon Stenberg purchased 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average cost of $4.82 per share, for a total transaction of $48,200.00. Following the transaction, the chief executive officer directly owned 327,574 shares in the company, valued at approximately $1,578,906.68. The trade was a 3.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 2.20% of the stock is currently owned by company insiders.

About Citizens

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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