Citizens, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $296.2M
- Price
- $3.76
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.05%
- Volume
- 120.2K
About
Citizens, Inc., through its subsidiaries, provides life insurance products in the United States and internationally. It operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S. residents in through independent marketing agencies and consultants. The Home Service Insurance segment offers final expense life insurance and property insurance policies to middle-and lower-income households, as well as whole life products in Louisiana, Mississippi, and Arkansas. This segment provides its products and services through funeral homes and independent agents. The company also provides health insurance policies. Citizens, Inc. was founded in 1969 and is headquartered in Austin, Texas.
Quick stats
Shares outstanding50.3M
Computed float44.8M
Float / shares89.0%
Key info
SectorFinancial Services
IndustryInsurance - Life
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000024090
Websitehttps://www.citizensinc.com
AI Summary
AI-generated1/10
minorneutralearnings
Citizens, Inc. Reports Second Quarter 2026 Financial Results
Citizens reported Q2 2026 total revenues of $60.4 million, down from $65.1 million in the prior year, with net income swinging to a loss of $0.4 million compared to a profit of $6.5 million. Management attributed the decline to investment-market fluctuations and increased policy benefit reserves, noting that adjusted net income was $0.8 million.
Core business metrics showed resilience, with direct first-year premiums growing year-over-year for the fifteenth consecutive quarter to reach $48.1 million. Book value per Class A share increased to $4.64, marking the fourteenth consecutive quarter of year-over-year growth.
The company maintained a strong balance sheet with total assets of $1.8 billion and no debt as of June 30, 2026. Citizens also reported positive net cash provided by operating activities, a streak it has maintained every year since 2004.
Red flags
- Net loss of $0.4 million vs net income of $6.5 million year-ago
- Total revenues declined to $60.4 million from $65.1 million year-ago
- Adjusted net income declined to $0.8 million from $4.2 million year-ago