Share on StockTwits

CapitalSource (NYSE:CSE) has earned an average rating of “Hold” from the eleven ratings firms that are covering the stock, Stock Ratings Network reports. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $12.94.

Shares of CapitalSource (NYSE:CSE) remained flat at $15.50 during during mid-day trading trading on Tuesday. CapitalSource has a one year low of $8.42 and a one year high of $15.88. The stock has a 50-day moving average of $14.67 and a 200-day moving average of $13.80. The company has a market cap of $3.051 billion and a P/E ratio of 18.90. CapitalSource also was the recipient of a large decline in short interest during the month of January. As of March 14th, there was short interest totalling 1,432,774 shares, a decline of 59.2% from the February 28th total of 3,513,397 shares. Based on an average daily volume of 1,964,410 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.8% of the shares of the company are sold short.

CapitalSource (NYSE:CSE) last released its earnings data on Thursday, January 23rd. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. During the same quarter in the previous year, the company posted $0.16 earnings per share. On average, analysts predict that CapitalSource will post $0.74 earnings per share for the current fiscal year.

In other CapitalSource news, CEO James Pieczynski sold 375,000 shares of the stock on the open market in a transaction dated Monday, March 31st. The shares were sold at an average price of $14.55, for a total transaction of $5,456,250.00. Following the transaction, the chief executive officer now directly owns 394,762 shares of the company’s stock, valued at approximately $5,743,787. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Separately, analysts at Credit Suisse raised their price target on shares of CapitalSource from $15.00 to $15.50 in a research note on Tuesday.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.