Citizens traded at $4.90 this Thursday March 12th, decreasing $0.21 or 4.11 percent since the previous trading session. Looking back, over the last four weeks, Citizens lost 18.06 percent. Over the last 12 months, its price rose by 9.13 percent. Looking ahead, we forecast Citizens to be priced at 4.75 by the end of this quarter and at 4.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Citizens, Inc. is an insurance holding company. The Company operates through two business segments: Life Insurance segment and Home Service Insurance segment. The Life Insurance segment primarily issues endowment contracts, which are principally accumulation contracts that that incorporate an element of life insurance protection and ordinary whole life insurance, to non-United States residents . The Life Insurance segment primarily operates through CICA Life Ltd. (CICA Ltd.). The contracts are designed to provide a fixed amount of insurance coverage over the life of the insured and may use rider benefits to provide additional coverage and annuity benefits to enhance accumulations. The Home Service Insurance segment sells limited liability, named peril property policies covering dwelling and contents. Its polices are sold and serviced through funeral homes and independent agents who sell policies, collect premiums and service policyholders.