CapitalSource Inc. Hits New 52-Week High at $14.72 (CSE)
CapitalSource (NYSE:CSE)’s share price reached a new 52-week high on Tuesday, Analyst Ratings Network.com reports. The company traded as high as $14.72 and last traded at $14.52, with a volume of 1,455,731 shares traded. The stock had previously closed at $14.09.
CSE has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of CapitalSource from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $15.10 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CapitalSource in a research note to investors on Wednesday, November 27th. They now have a $14.00 price target on the stock, up previously from $12.00. Finally, analysts at FBR Capital Markets raised their price target on shares of CapitalSource from $13.00 to $13.75 in a research note to investors on Wednesday, October 30th. They now have a “market perform” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $12.35.
CapitalSource has a 52 week low of $7.61 and a 52 week high of $14.64. The stock has a 50-day moving average of $14.12 and a 200-day moving average of $12.27. The company has a market cap of $2.867 billion and a price-to-earnings ratio of 18.71.
CapitalSource (NYSE:CSE) last released its earnings data on Wednesday, October 23rd. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.09. Analysts expect that CapitalSource will post $0.70 EPS for the current fiscal year.
CapitalSource Inc (NYSE:CSE) is a commercial lender, which provides financial products to small and middle market businesses nationwide and provides depository products and services to consumers in southern and central California, through its wholly owned subsidiary, CapitalSource Bank.
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