Sidoti Issues Pessimistic Estimate for Citizens Earnings

Citizens, Inc. (NYSE:CIA) – Sidoti decreased their FY2026 earnings per share (EPS) estimates for Citizens in a report released on Monday, November 9th. Sidoti analyst B. Mccarthy now forecasts that the insurance provider will earn $0.07 per share for the year, down from their previous forecast of $0.12. The consensus estimate for Citizens’ current full-year earnings is $0.12 per share. Sidoti also issued estimates for Citizens’ Q4 2026 earnings at $0.03 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.03 EPS, Q4 2027 earnings at $0.06 EPS, FY2027 earnings at $0.13 EPS and Q2 2028 earnings at $0.05 EPS.

Several other equities research analysts have also commented on CIA. Weiss Ratings raised Citizens from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 16th. Zacks Research raised Citizens from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 5th. Citigroup initiated coverage on Citizens in a research report on Monday, August 24th. They issued a “buy” rating for the company. Freedom Broker began coverage on Citizens in a research note on Monday, August 24th. They set a “buy” rating and a $5.50 price target for the company. Finally, Wall Street Zen upgraded shares of Citizens from a “strong sell” rating to a “sell” rating in a research report on Sunday, October 11th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Citizens presently has an average rating of “Moderate Buy” and a consensus target price of $5.50.

Citizens Price Performance

CIA opened at $4.33 on Tuesday. Citizens has a 12 month low of $3.31 and a 12 month high of $6.54. The business has a 50 day simple moving average of $3.65 and a 200-day simple moving average of $4.82. The stock has a market capitalization of $242.52 million, a P/E ratio of 27.08 and a beta of 0.46.

Insider Activity

In related news, Director Michael Philip Harwood acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average cost of $3.80 per share, for a total transaction of $38,000.00. Following the transaction, the director directly owned 11,096 shares of the company’s stock, valued at approximately $42,164.80. This trade represents a 912.41% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Citizens

Hedge funds have recently bought and sold shares of the stock. Ritholtz Wealth Management purchased a new stake in Citizens during the 3rd quarter worth about $75,000. Bank of America Corp DE raised its stake in Citizens by 15.7% during the first quarter. Bank of America Corp DE now owns 42,405 shares of the insurance provider’s stock worth $213,000 after purchasing an additional 5,746 shares during the period. Squarepoint Ops LLC raised its stake in Citizens by 25.0% during the second quarter. Squarepoint Ops LLC now owns 66,456 shares of the insurance provider’s stock worth $381,000 after purchasing an additional 13,300 shares during the period. Finally, Empowered Funds LLC boosted its holdings in shares of Citizens by 8.3% in the 1st quarter. Empowered Funds LLC now owns 238,487 shares of the insurance provider’s stock valued at $1,200,000 after purchasing an additional 18,244 shares during the last quarter. Hedge funds and other institutional investors own 13.73% of the company’s stock.

About Citizens

Citizens, Inc (NYSE: CIA) is an insurance holding company focused primarily on life insurance products. Through its operating subsidiaries, the company provides coverage designed to address final expenses, mortgage protection, income replacement and other long-term financial needs.

Its product offerings have included whole life, term life, universal life and other life insurance policies, as well as related insurance solutions. Citizens serves policyholders in the United States and selected international markets, including countries and territories in Latin America and the Caribbean.

The company is based in Austin, Texas, and has historically operated through insurance subsidiaries serving domestic and international customers.