OverviewSuggest Edit

Citizens is a domiciled insurance holding company serving the life insurance needs of individuals. It operates through its insurance subsidiaries: CICA Life Insurance Company of America, Citizens National Life Insurance Company, Security Plan Life Insurance Company and Security Plan Fire Insurance Company. The Company pursues a strategy of offering traditional insurance products in niche markets where we believe we are able to achieve competitive advantages.

TypePublic
Founded1969
HQAustin, US
Websitecitizensinc.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)311(+2%)
Job Openings1
Revenue (FY, 2018)$244 M(-3%)
Share Price (Nov 2019)$6.8 (+2%)

Key People/Management at Citizens

Geoffrey M. Kolander

Geoffrey M. Kolander

President and Chief Executive Officer
Kay E. Osbourn

Kay E. Osbourn

Executive Vice President, Chief Financial Officer and Chief Investment Officer
Robert M. Mauldin

Robert M. Mauldin

Vice President, Chief Marketing Officer
Jeffery P. Conklin

Jeffery P. Conklin

Vice President, Chief Accounting Officer and Treasurer
James A. Eliasberg

James A. Eliasberg

Vice President, Chief Legal Officer and Corporate Secretary
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Citizens Office Locations

Citizens has an office in Austin
Austin, US (HQ)
Domain Gateway, 2900 Esperanza Crossing 2nd Floor
Austin, US
P.O. Box 149151
Show all (2)

Citizens Financials and Metrics

Citizens Revenue

Citizens's revenue was reported to be $244.01 m in FY, 2018 which is a 3.4% decrease from the previous period.
USD

Revenue (Q3, 2019)

61.5m

Gross profit (Q3, 2019)

24.7m

Gross profit margin (Q3, 2019), %

40.3%

Net income (Q3, 2019)

2.0m

Market capitalization (15-Nov-2019)

365.0m

Closing stock price (15-Nov-2019)

6.8

Cash (30-Sep-2019)

47.1m
Citizens's current market capitalization is $365 m.
Annual
USDFY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Revenue

195.0m202.8m245.4m252.6m244.0m

Revenue growth, %

4%3%(3%)

Cost of goods sold

126.4m25.4m

Gross profit

68.6m177.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

48.5m48.5m46.9m49.6m52.2m49.5m53.6m54.5m61.2m61.7m59.6m60.9m64.3m57.4m59.8m61.2m62.4m56.9m61.5m

Cost of goods sold

14.9m31.3m30.8m35.1m35.1m33.8m36.8m37.9m36.7m

Gross profit

33.6m17.2m16.1m14.5m17.1m15.7m16.8m18.9m24.7m

Gross profit Margin, %

69%35%34%29%33%32%31%33%40%
USDY, 2019

Financial Leverage

6.7 x
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Citizens Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

20 30 30
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Citizens Revenue Breakdown

Embed Graph

Citizens revenue breakdown by business segment: 74.9% from Life Insurance, 24.5% from Home Service and 0.6% from Other

Citizens Online and Social Media Presence

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Citizens News and Updates

World Senior Citizens Day: AMD, leading cause of chronic blindness in elderly

Age-related Macular Degeneration (AMD) is one of the important causes of severe visual loss in the elderly population. It constitutes to 8.7% of the world population.AMD symptoms include blurred or fuzzy vision, straight lines that appear wavy or crooke, decreased contrast or colour sensitivity, dif…

Citizens experience tremors; it is not earth quake, says

Mild tremor with noise akin to the lightning in parts of Bengaluru sent residents in several areas into a tizzy today. Panicked residents ran out of their house fearing amajor earthquake in the offing. However, Dr G S Srinivasa Reddy, director of Karnataka State Natural Disaster Monitoring Centr…

Ludwig Joins First Citizens Bank as Chief Human Resources Officer

RALEIGH, N.C., Aug. 16, 2018 (GLOBE NEWSWIRE) -- First Citizens Bank announced today that West Ludwig has joined the company as Chief Human Resources Officer.

Hari Ravichandran Launches Foundation With Inaugural Gift To Citizens United for Research in Epilepsy (CURE)

BOSTON, Aug. 16, 2018 /PRNewswire/ -- Hari Ravichandran, the CEO and Founder of Jump Ventures, a scalability infusion firm, today launched the Ravichandran Foundation by announcing its first financial commitment of $150,000 to benefit Citizens United for Research in Epilepsy (CURE) and...

Hari Ravichandran Launches Foundation With Inaugural Gift To Citizens United for Research in Epilepsy (CURE)

BOSTON, Aug. 16, 2018 /PRNewswire/ -- Hari Ravichandran, the CEO and Founder of Jump Ventures, a scalability infusion firm, today launched the Ravichandran Foundation by announcing its first financial commitment of $150,000 to benefit Citizens United for Research in Epilepsy (CURE) and...

Avison Young launches fourth annual Global Citizenship report, shows progress in integrating sustainability criteria into its own and clients' planning, decision-making processes and operations

TORONTO, Aug. 15, 2018 /PRNewswire/ - Mark E. Rose, Chair and CEO of Avison Young, the world's fastest-growing commercial real estate services firm, announced today that it has released its fourth annual Global Citizenship report. Global Citizenship is the umbrella name of Avison Young's...
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Citizens Frequently Asked Questions

  • When was Citizens founded?

    Citizens was founded in 1969.

  • Who are Citizens key executives?

    Citizens's key executives are Geoffrey M. Kolander, Kay E. Osbourn and Robert M. Mauldin.

  • How many employees does Citizens have?

    Citizens has 311 employees.

  • What is Citizens revenue?

    Latest Citizens annual revenue is $244 m.

  • What is Citizens revenue per employee?

    Latest Citizens revenue per employee is $784.6 k.

  • Who are Citizens competitors?

    Competitors of Citizens include FBL Financial, Atlantic American and National Security Group.

  • Where is Citizens headquarters?

    Citizens headquarters is located at Domain Gateway, 2900 Esperanza Crossing 2nd Floor, Austin.

  • Where are Citizens offices?

    Citizens has an office in Austin.

  • How many offices does Citizens have?

    Citizens has 2 offices.