Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Given Average Rating of “Hold” by Brokerages

Citizens Community Bancorp, Inc. (NASDAQ:CZWIGet Free Report) has been given an average rating of “Hold” by the five ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $23.50.

Several equities analysts have weighed in on CZWI shares. Weiss Ratings downgraded shares of Citizens Community Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, August 21st. Hovde Group downgraded shares of Citizens Community Bancorp from an “outperform” rating to a “market perform” rating and upped their price target for the company from $21.00 to $24.00 in a report on Friday, July 10th. Brean Capital cut shares of Citizens Community Bancorp from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research note on Friday, August 7th. Citigroup downgraded Citizens Community Bancorp to a “neutral” rating in a research report on Friday, August 7th. Finally, Wall Street Zen lowered Citizens Community Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th.

View Our Latest Analysis on Citizens Community Bancorp

Institutional Trading of Citizens Community Bancorp

Large investors have recently made changes to their positions in the stock. Pinnacle Holdings LLC acquired a new stake in shares of Citizens Community Bancorp during the 2nd quarter worth about $2,135,000. Hsbc Holdings PLC acquired a new position in shares of Citizens Community Bancorp in the second quarter valued at approximately $1,245,000. The Manufacturers Life Insurance Company acquired a new position in shares of Citizens Community Bancorp in the second quarter valued at approximately $11,247,000. BlackRock Inc. acquired a new position in shares of Citizens Community Bancorp in the second quarter valued at approximately $14,797,000. Finally, Rhino Investment Partners Inc purchased a new position in shares of Citizens Community Bancorp during the first quarter valued at approximately $3,214,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

Citizens Community Bancorp Stock Performance

CZWI opened at $21.88 on Wednesday. The business’s fifty day moving average is $21.89 and its two-hundred day moving average is $20.89. The company has a market cap of $211.14 million, a price-to-earnings ratio of 16.70 and a beta of 0.50. Citizens Community Bancorp has a one year low of $14.61 and a one year high of $24.42.

Citizens Community Bancorp (NASDAQ:CZWIGet Free Report) last announced its quarterly earnings results on Monday, July 27th. The bank reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.30). The firm had revenue of $16.11 million during the quarter, compared to analysts’ expectations of $16.30 million. Citizens Community Bancorp had a net margin of 12.94% and a return on equity of 6.77%. On average, analysts predict that Citizens Community Bancorp will post 1.64 EPS for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, August 7th. Citizens Community Bancorp’s payout ratio is 32.06%.

Citizens Community Bancorp Company Profile

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Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.

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Analyst Recommendations for Citizens Community Bancorp (NASDAQ:CZWI)

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