Price: $4.4250
$0.17
3.873%
|
Day's High:
| $4.47
| Week Perf:
| 7.4 %
|
Day's Low: |
$ 4.35 |
30 Day Perf: |
-9.32 % |
Volume (M): |
24 |
52 Wk High: |
$ 5.95 |
Volume (M$): |
$ 108 |
52 Wk Avg: |
$3.80 |
Open: |
$4.31 |
52 Wk Low: |
$1.99 |
|
|
Market Capitalization (Millions $) |
228 |
Shares
Outstanding (Millions) |
51 |
Employees |
141 |
Revenues (TTM) (Millions $) |
245 |
Net Income (TTM) (Millions $) |
15 |
Cash Flow (TTM) (Millions $) |
2 |
Capital Exp. (TTM) (Millions $) |
1 |
Citizens Inc
Citizens, Inc. (“Citizens”) is an insurance holding company incorporated
in Colorado serving the life insurance needs of individuals in the United States
since 1969 and internationally since 1975. Through our insurance subsidiaries,
we pursue a strategy of offering traditional insurance products in niche markets
where we believe we are able to achieve competitive advantages. Our core insurance
operations include issuing and servicing:
U.S. Dollar-denominated ordinary whole life insurance and endowment policies
predominantly sold to foreign residents, located principally in Latin America
and the Pacific Rim, through independent marketing consultants;
ordinary whole life insurance policies to middle income households concentrated
in the Midwest, Mountain West and southern United States through independent
marketing consultants; and
final expense and limited liability property policies to middle and lower income
households in Louisiana, Mississippi and Arkansas through employee and independent
agents in our home service distribution channel and funeral homes
We were formed in 1969 by our founder, Harold E. Riley. Prior to our formation,
Mr. Riley had many years of experience in the international and domestic life
insurance business. Historically, our Company has experienced growth through
acquisitions in the domestic market and through organic market expansion in
the international market. We strive to generate bottom line return using knowledge
of our niche markets and our well-established distribution channels.
The Companys Board of Directors and executive management team are currently
assessing the Companys business model and business strategies with the assistance
and support of external consultants and advisors. Specifically, we are evaluating
certain elements and assumptions underlying the Companys historical business
model to consider potential changes to align with our risk profile, the current
economic and regulatory environment and sustainable business objectives. Incorporated
in our business model review are analyses of (1) our products and profitability;
(2) a potential restructuring of our international business and operations;
(3) potential upgrades to our technology systems and operations with a strategic
focus on cyber risk and our future business needs; and (4) potential changes
in our executive management structure, personnel needs and compensation incentives.
A prolonged low interest rate period has forced us to revisit the benefits
and dividends included under many policies offered internationally. In many
cases, policy holders stand to benefit from significantly higher guarantees
and dividends than the financial markets might otherwise offer. As such, the
Company has responded to cut discretionary dividends on existing policies and
revisit the structure of new policies sold internationally to better reflect
the prolonged low interest rate environment that we face.
The Company also is revisiting its investment strategies for premiums received
in order to augment its rate of return. By combining more conservative interest
rate features in our insurance policies with a more flexible investment strategy
to manage our investment portfolio, we intend to grow bottom line returns to
shareholders. There is risk that these changes will result in lower demand for
new policies, or that the financial markets will make our investment strategy
more difficult. Despite the risks, the Company believes that such moves are
in the best interest of our shareholders.
Our three business segments: Life Insurance, Home Service and Other Non-Insurance
Enterprises.
Our Life Insurance segment issues ordinary whole life insurance in the United
States and in U.S. Dollar-denominated amounts to foreign residents. These contracts
are designed to provide a fixed amount of insurance coverage over the life of
the insured and can utilize rider benefits to provide additional increasing
or decreasing coverage and annuity benefits to enhance accumulations.
Our domestic Home Service segment operates in this market through our subsidiaries
Security Plan Life Insurance Company ("SPLIC"), Magnolia Guaranty
Life Insurance Company ("MGLIC") and Security Plan Fire Insurance
Company ("SPFIC"), and focuses on the life insurance needs of the
middle and lower income markets, primarily in Louisiana, Mississippi and Arkansas.
Company Address: 11815 Alterra Pkwy, Suite 1500 Austin 78758 TX
Company Phone Number: 837-7100 Stock Exchange / Ticker: NYSE CIA
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|
Customers Net Income grew by |
CIA's Customers Net Profit Margin grew to |
21.5 % |
18.01 %
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Stock Performances by Major Competitors |
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Citizens Inc
The recent financial results of Citizens Inc, a life insurance company, have raised concerns about its future prospects. Although the company reported a 6.078% increase in revenue to $62.08 million compared to the same period last year, there were alarming declines in key indicators that cannot be ignored. Firstly, the earnings per share (EPS) dropped significantly by -33.33% to $0.08 per share, compared to $0.12 in the previous year. This substantial decline is worrisome as it indicates a significant decrease in profitability. While revenue increased slightly, the drop in EPS implies that the company is struggling to effectively manage its expenses and generate consistent profits.
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Citizens Inc
As a longtime investor in the thriving financial sector, I understand the importance of scrutinizing every detail of a company's financial results to make informed decisions. Today, I will be analyzing the fiscal first-quarter results of Citizens Inc, a prominent Life Insurance company. Despite facing declining earnings per share (EPS), the company successfully achieved substantial revenue growth and made strategic efforts to improve sales. In the fiscal first quarter of 2024, Citizens Inc reported a commendable 3.216% increase in revenue, reaching $57.71 million compared to $55.91 million in the prior year. This revenue surge surpasses their competitors in the Life Insurance sector by a significant margin, demonstrating the effectiveness of their sales strategies. Furthermore, if we compare the current period's revenue with that of the first quarter of 2023, we observe an impressive 23.37% improvement. During that period, the company recorded a revenue of $66.85 million, indicating their resilient ability to adapt and grow in a dynamic market.
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Citizens Inc
Citizens Inc (CIA) recently released its financial results for the fiscal period ending December 31, 2023. Although the company experienced a decline in revenue, it managed to raise its earnings per share (EPS) significantly, indicating a positive trend. Furthermore, it recorded increased net earnings and improved profit margins. However, the decline in stock prices raises concerns for shareholders. Financial Statistics: - Income per share grew rapidly by 263.28% to $0.20 per share. - Revenue decreased by -0.607% to $66.85 million, year on year. - EPS increased from $0.05 to $0.20 per share. - Revenue advanced by 12.559% to $59.39 million from the prior reporting season. - Net earnings increased by 218.35% to $10.741 million compared to the previous fiscal period. - Net margin rose to 16.07%, and operating margin edged up to 42.01%. - Operating earnings improved by 189.44% to $28.084 million. - Accounts receivable increased to $17.4 million, indicating rising demand.
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Citizens Inc
The stock market has been buzzing with excitement as Citizens Inc, a prominent player in the Life Insurance industry, recently announced its impressive financial performance in the fiscal third quarter of 2023. Despite the challenging circumstances that many businesses in the industry are currently facing, Citizens Inc managed to surpass expectations and achieve remarkable results. One of the most notable achievements for Citizens Inc in the fiscal third quarter was the significant improvement in their bottom-line. The company turned a profit of $0.05 per share, a stark contrast to the loss of $-0.10 per share reported in the same quarter the previous year. This positive turnaround demonstrates the company's ability to adapt to changing market conditions and implement effective strategies to drive growth.
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Citizens Inc
Citizens Inc: Revenue Growth and Profitability Rebound Drive Stock Performance Citizens Inc, a leading insurance company, has showcased impressive performance in its fiscal second quarter of 2023, with revenue growth of 8.92% year on year to $58.53 million. This marked improvement has not only propelled the company towards profitability once again but has also resulted in earnings per share of $0.12, a significant increase from the previous quarter. Compared to the first quarter, where revenue grew by 4.673% from $55.91 million, this recent surge in revenue displays a trend of steady growth. Furthermore, net profit per share also grew by an impressive 20% from $0.10 per share in the previous quarter. Citizens Inc has successfully managed to turn its net deficit of $-3.548 million from the corresponding financial reporting period a year ago into a net income of $6.126 million, highlighting a remarkable turnaround.
|
Per Share |
Current |
Earnings (TTM) |
0.29 $ |
Revenues (TTM) |
4.76 $
|
Cash Flow (TTM) |
0.04 $ |
Cash |
23.74 $
|
Book Value |
4.09 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
0.29 $
|
Revenues (TTM) |
4.76 $ |
Cash Flow (TTM) |
0.04 $ |
Cash |
23.74 $
|
Book Value |
4.09 $ |
Dividend (TTM) |
0 $ |
|
|
|
Life Insurance |
|
76.7 % |
of total Revenue |
Home Service Insurance |
|
22.9 % |
of total Revenue |
Corporate Non-Segment |
|
0.4 % |
of total Revenue |
|
|