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CITIZENS INC CLASS A (CIA)

Financials · Life and health insurance · NYSE

A niche life insurance provider focused on providing whole life, endowment, and final expense products to international and domestic customers.

What CITIZENS INC CLASS A does

Citizens, Inc. is a diversified financial services company that provides life, living benefits, and final expense insurance products through its Domestic and International segments. The company generates revenue primarily from insurance premiums and net investment income, investing collected premiums in a portfolio largely composed of fixed maturity securities to cover future policy benefits and expenses.

Recent developments

The company reported a net loss of $0.4 million in Q2 2026, driven by market-related declines in limited partnership investments and higher policy benefit reserves. Additionally, the company is monitoring potential impacts from June 2026 earthquakes in Venezuela, a key market, and has recorded an initial $0.5 million death claim liability.

From CITIZENS INC CLASS A's filing of 2026-08-06.

Themes: life insurance, retirement income, niche insurance markets, international insurance, fixed income investing

Fundamentals

  • Price$3.53 as of 2026-10-08 close
  • Market cap$179M as of 2026-07-31 (share count; price 2026-10-08)
  • 1-year return-36.2% 2025-10-08 close $5.53 → 2026-10-08 close $3.53
  • P/E9.81 as of 2026-10-08
  • Net margin+5.7% FY2025, SEC XBRL
  • ROE+6.2% FY2025, SEC XBRL
  • Debt / equity0.00 as of 2026-09-03
  • Revenue growth (YoY)+6.9% as of 2026-09-03
  • Revenue CAGR (3y)+3.2% SEC XBRL
  • Beta1.26 as of 2026-09-03
  • Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)

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How CIA compares in its sector

  • price-to-earnings ratiobottom 25% 513 covered Financials peers, as of 2026-10-08
  • net profit marginbottom 25% 344 covered Financials peers, as of 2026-09-03
  • return on equitybottom 25% 559 covered Financials peers, as of 2026-09-03
  • 3-year revenue CAGRmiddle range 347 covered Financials peers
  • free cash flow (absolute dollars, latest fiscal year)bottom 25% 430 covered Financials peers, as of FY2025

Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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How CITIZENS INC CLASS A looks technically

CITIZENS INC CLASS A (CIA) is trading 29.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 54 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 43, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 7 trading days ago. It is 4.4% above its 52-week low (its lowest price of the past year). Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.

Trend

8
Distance from the 200-dayit is trading 29.2% below its 200-day average, the long-term trend line — a long-term downtrend-29.2%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $3.83$3.83
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $4.98$4.98
Swing structureeach recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes nextlower highs and lower lows
Last swing turnits last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on7 sessions
Wave structureits recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 3.38. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next.possible three-wave downward correction, complete (atypical proportions)
Since the 50/200 crossits 50-day average crossed below its 200-day average about 54 trading days ago — a "death cross", a bearish long-term signal54 sessions
Trend strength (14-day ADX)a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 43, with sellers in control42.5

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30)42.8
Position in its 14-day rangeit is trading in the lower half of its 14-day range ($3.38 to $3.73) — its "stochastic" reading is 43 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions.42.9
Since the MACD crossed zeroMACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish)33 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $6.50$6.50
From the 52-week highit is 45.7% below its 52-week high (its highest price of the past year)-45.7%
Above the 52-week lowit is 4.4% above its 52-week low (its lowest price of the past year)+4.4%
Below the 52-week highit is 45.7% below its highest point of the past year45.7%
Since a 20-day breakoutit made a new 20-day low about 7 trading days ago7 sessions
Since a 55-day breakoutit made a new 55-day low about 7 trading days ago7 sessions
All-time highits highest closing price on record is $11.93 (set on 2016-12-20)$11.93
Given back of the 52-week moveover the past year its closes ranged ($3.45 to $6.38), and it has recovered only a small part of its fall from last year’s high — 3% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $5.26 to $5.35. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.2.7%
From the all-time highit is 70.4% below its all-time high-70.4%
Nearest price levelit is trading 4.1% above a support level at $3.38 — a price it turned at twice since 2026-09-17, most recently on 2026-10-01. Since 2024-10-08 it has 1 such level below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.-4.1%
All-time lowits lowest closing price on record is $1.64 (set on 2023-05-26)$1.64
Above the all-time lowit is 115.2% above its all-time low+115.2%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move1st percentile
Typical daily rangein a typical session it travels about $0.17 between its high and its low — about 4.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$0.17
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $3.43 and $3.68 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$3.43 – $3.56 – $3.68
Typical daily range (% of price)its price moves about 4.8% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price4.8%
Stretch from the 200-day averageit is trading 8.6 daily ranges below its 200-day average price (29.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale8.6 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average1.19×

Analyst

2
Change in the average price targetanalysts' average price target is unchanged from the prior reading0.0%
Change in the consensus ratingnot available for this company yetn/a

Candlestick patterns

2
Since a doji4 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level4 sessions ago
Since a bullish engulfingtoday it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before ittoday

Price gaps

2
Gap at the openit opened on 2026-10-08 1.4% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close-1.4%
Gap filleda 2.3% gap up opened on 2026-09-17 has been "filled" 15 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it15 sessions ago

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 8.6 percentage points (the stock lost 7.6% while the market gained 1.0%)-8.6%
vs market, 3 monthsover the past 3 months this stock lagged the market by 41.0 percentage points (the stock lost 37.2% while the market gained 3.8%)-41.0%
vs market, 6 monthsover the past 6 months this stock lagged the market by 49.2 percentage points (the stock lost 31.7% while the market gained 17.5%)-49.2%
vs market, 12 monthsover the past 12 months this stock lagged the market by 51.1 percentage points (the stock lost 36.2% while the market gained 15.0%)-51.1%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast5 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 14% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 25.7% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross.-14.4%

Volume-weighted price

2
Vs this year’s average price paidthe price is 26% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $4.79 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP.-26.3%
Vs the average paid since it last reportedthe price is 5% below the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is under water. That average is $3.73 — a volume-weighted average of daily closes over 45 sessions, not a true tick-by-tick VWAP.-5.3%

Price levels it has turned at before

CIA last closed at $3.53 on 2026-10-08. Since 2024-10-08 it has turned at 1 price below its last close and 13 above; the nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$3.38Support4.1% below the last closeturned there twice · 2026-09-17 to 2026-10-01
$3.73Resistance5.8% above the last closeturned there five times · 2024-12-19 to 2026-09-22
$4.04Resistance14.6% above the last closeturned there twice · 2026-08-25 to 2026-09-03
$4.32Resistance22.3% above the last closeturned there three times · 2024-10-24 to 2025-05-14

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.

This labelling fails — stops being a possible reading at all — if it closes below $3.38.

It is the only labelling that fits these swings, though its proportions are not the textbook ones.

This reading has stood for 1 trading day, since 2026-10-08.

Read from daily closes as of 2026-10-08.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Mean price target$5.25 range $5.00 – $5.50

Analyst estimates, as of 2026-10-07. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for CIA

  • Consensus EPS estimate$0.03 next reporting period, as of 2026-10-07
  • Estimate change, 30 days$0.00 from $0.03, on 2026-09-02, 35-day window
  • Readings revised upward0% of 8 comparable readings

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Sensitivity to fluctuations in interest rates, which affect investment income and the profitability of fixed maturity securities.","Impact of adverse events in key geographic markets, such as potential claims activity and premium collection challenges following natural disasters.","Risks associated with product persistency and the impact of surrenders, policy lapses, and contract maturities on long-term profitability."]

See CIA's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of CIA's 10-Q filed 2026-08-06 against the prior one filed 2026-05-07.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing (2026-08-06) states the MD&A objective includes assessing material changes in financial condition from December 31, 2025 to June 30, 2026.
    • Newer filing (2026-08-06) states the MD&A objective includes assessing material changes in results of operations for the three and six months ended June 30, 2026 as compared to the same periods in 2025.
  • Removed:
    • Older filing (2026-05-07) stated the MD&A objective included assessing material changes in financial condition from December 31, 2025 to March 31, 2026.
    • Older filing (2026-05-07) stated the MD&A objective included assessing material changes in results of operations for the three months ended March 31, 2026 as compared to the same period in 2025.
  • Reworded:
    • Newer filing (2026-08-06) says 'Information contained on, or accessible through, our website is not incorporated by reference into...'; older filing (2026-05-07) said '...is not incorporating by reference into...'.
  • Notes:
    • Both source texts appear truncated; the comparison covers only the portions provided.
    • Only factual differences in the supplied text are reported.

Risk Factors

  • Added:
    • Newer filing adds a new risk factor titled 'Venezuela Earthquakes May Impact Insurance Premiums and Claims' stating Venezuela is a significant market in the International Insurance segment, earthquakes in June 2026 may adversely affect the segment, a $0.5 million death claim liability has been recorded, and current data does not point to a material effect on operations.
    • Newer filing adds Q2 financial highlights covering three and six months ended June 30, 2026, including net loss before federal income tax of $0.5 million for Q2 2026 versus income of $6.9 million in Q2 2025, and net income before federal income tax of $1.8 million for six months ended June 30, 2026 versus $5.1 million in the prior period.
    • Newer filing adds Q2 explanations for changes: $3.9 million decline in investment related gains and losses, $1.7 million increase in insurance benefits paid or provided, $6.5 million decrease in claims and surrenders benefits, and $7.7 million increase in future policy benefit reserves.
    • Newer filing adds six-month explanations for changes: $1.1 million increase in insurance benefits paid or provided, $6.9 million decrease in claims and surrenders, $6.7 million increase in future policy benefit reserves, and $1.3 million increase in general operating expenses.
    • Newer filing adds a paragraph on customer retention/persistency as a key factor influencing revenue and profitability.
    • Newer filing adds premium revenue figures for the three and six months ended June 30, 2026: direct premium revenue increased 4% to $48.1 million (three months) and $92.0 million (six months), from $46.4 million and $88.8 million in the respective 2025 periods.
    • Newer filing adds first year premium figures for the three and six months ended June 30, 2026: direct first year premiums increased 3% to $9.8 million (three months) and $18.7 million (six months), from $9.4 million and $18.3 million in the respective 2025 periods.
    • Newer filing adds Financial Condition at June 30, 2026 with total assets of $1.8 billion, book value per share of Class A common stock of $4.64, adjusted book value per share of Class A common stock of $6.44, and diluted earnings per share of Class A common stock for the six months ended of $0.04.
  • Removed:
    • Older filing's Q1 financial highlights are removed: income before federal income tax increased by $4.2 million in the three months ended March 31, 2026 to $2.4 million from a loss of $1.8 million in 2025, driven by a $3.9 million increase in investment related gains and losses reflecting the absence of the BlackRock write-down.
    • Older filing's Financial Condition at March 31, 2026 figures are removed: total assets of $1.7 billion, book value per share of Class A common stock of $4.74, adjusted book value per share of Class A common stock of $6.48, and diluted earnings per share of Class A common stock for the three months ended of $0.04.
    • Older filing's premium revenue figures for the three months ended March 31, 2026 are removed: direct premium revenue increased 4% to $43.9 million from $42.4 million in 2025.
    • Older filing's first year premium figures for the three months ended March 31, 2026 are removed: direct first year premiums increased 2% to $9.0 million from $8.8 million in 2025.
    • Older filing's renewal premiums explanation attributing constrained growth to high levels of surrenders and matured endowments in the International Insurance segment during the last few years is removed or not repeated.
    • Older filing's Investment Income section is removed, including net investment income decrease, investment in investment grade private placement credit, and non-recurring BlackRock fund fees.
    • Older filing's Claims and Surrenders section is removed, including the statement about payment of policyholder benefits being the largest expense.
    • Older filing's Operating Expenses section is removed, including the $0.7 million increase in the three months ended March 31, 2026.
    • Older filing's Actuarial Assumptions section is removed, including the $1.0 million negative impact from policyholder liability remeasurement.
    • Older filing's 'INSURANCE ISSUED AND INFORCE' table section is removed or not repeated in the newer excerpt.
  • Reworded:
    • Newer filing refers to 'prior year periods' (plural) in the Sales of our Products section, while the older filing refers to 'prior year period' (singular).
    • Newer filing changes renewal premiums explanation from 'strong sales in 2025' (older) to 'strong sales in prior periods' (newer).
    • Newer filing's renewal premiums paragraph is truncated in the provided text and does not include the older filing's explanation about constrained growth from surrenders and matured endowments.
  • Notes:
    • The newer filing's Risk Factors section text contains substantial MD&A content that appears to extend beyond the Risk Factors section as filed, including truncated content at the end.
    • The comparison is limited by the excerpted texts provided; the older filing includes sections not present in the newer excerpt and vice versa.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

4 open-market purchases and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.

  • Last 90 days · read to 2026-10-044 buys ($302015) · 0 sells — 3 buying insiders
  • Last 180 days · read to 2026-10-045 buys ($350207) · 0 sells — 3 buying insiders

Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of CIA within a 30-day window between 2026-08-10 and 2026-08-31. Disclosed Form 4 activity, not a prediction of performance or a buy signal.

Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-08-31. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Institutional ownership (13F)

5 institutional 13F filers reported holding CIA as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 5
  • Reported shares held 4,574,429
  • Reported value $26,257,221

reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

CIA had 4,557,503 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).

CIA had 9.00% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 37.15 days to cover at the same settlement.

  • Reported short interest (shares) 4,557,503
  • Short interest (% of shares outstanding) 9.00%
  • Prior settlement (shares) 4,349,418
  • Reported change 4.78%
  • Days to cover (reported) 37.15

Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does CITIZENS INC CLASS A (CIA) do?

Citizens, Inc. is a diversified financial services company that provides life, living benefits, and final expense insurance products through its Domestic and International segments. The company generates revenue primarily from insurance premiums and net investment income, investing collected premiums in a portfolio largely composed of fixed maturity securities to cover future policy benefits and expenses.

What sector is CITIZENS INC CLASS A (CIA) in?

CITIZENS INC CLASS A (CIA) is classified in the Financials sector. Its industry is Life and health insurance. It trades on NYSE.

Who are CITIZENS INC CLASS A's (CIA) competitors?

Notable peers of CITIZENS INC CLASS A (CIA) include Globe Life, Primerica, American Equity Investment Life Holding, Lincoln National and Manulife Financial. This peer set is informational only — not financial advice.

Is CITIZENS INC CLASS A (CIA) overbought or oversold right now?

CITIZENS INC CLASS A (CIA) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 43, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on CIA come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-08.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.