Capital Senior Living Corp. (CSU) Rating Reiterated by Wells Fargo & Co.
Capital Senior Living Corp. (NYSE:CSU)‘s stock had its “hold” rating reaffirmed by research analysts at Wells Fargo & Co. in a report released on Monday.
Other equities research analysts also recently issued reports about the stock. Stifel Nicolaus downgraded shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. JMP Securities cut their price objective on shares of Capital Senior Living Corp. from $26.00 to $25.00 and set a “market outperform” rating for the company in a research report on Wednesday, August 24th. Finally, Zacks Investment Research upgraded shares of Capital Senior Living Corp. from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Friday, August 5th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Capital Senior Living Corp. has a consensus rating of “Hold” and an average target price of $22.00.
Shares of Capital Senior Living Corp. (NYSE:CSU) opened at 16.40 on Monday. Capital Senior Living Corp. has a 52-week low of $14.58 and a 52-week high of $24.55. The company’s 50-day moving average price is $16.99 and its 200-day moving average price is $18.14. The company’s market capitalization is $474.71 million.
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Capital Senior Living Corp. (NYSE:CSU) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.17. The company had revenue of $111 million for the quarter, compared to analyst estimates of $112.79 million. Capital Senior Living Corp. had a positive return on equity of 0.15% and a negative net margin of 3.13%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $0.01 earnings per share. Equities research analysts forecast that Capital Senior Living Corp. will post ($0.58) EPS for the current fiscal year.
A number of large investors have recently modified their holdings of the company. Rhumbline Advisers increased its stake in Capital Senior Living Corp. by 0.3% in the second quarter. Rhumbline Advisers now owns 32,807 shares of the company’s stock worth $580,000 after buying an additional 107 shares during the last quarter. First Washington CORP increased its stake in Capital Senior Living Corp. by 0.7% in the second quarter. First Washington CORP now owns 162,360 shares of the company’s stock worth $2,869,000 after buying an additional 1,200 shares during the last quarter. Legal & General Group Plc increased its stake in Capital Senior Living Corp. by 29.4% in the first quarter. Legal & General Group Plc now owns 5,445 shares of the company’s stock worth $100,000 after buying an additional 1,238 shares during the last quarter. Teachers Advisors Inc. increased its stake in Capital Senior Living Corp. by 2.3% in the second quarter. Teachers Advisors Inc. now owns 58,780 shares of the company’s stock worth $1,039,000 after buying an additional 1,297 shares during the last quarter. Finally, Guggenheim Capital LLC increased its stake in Capital Senior Living Corp. by 2.5% in the second quarter. Guggenheim Capital LLC now owns 61,667 shares of the company’s stock worth $1,090,000 after buying an additional 1,497 shares during the last quarter. Hedge funds and other institutional investors own 91.94% of the company’s stock.
About Capital Senior Living Corp.
Capital Senior Living Corporation is an operator of senior living communities in the United States in terms of resident capacity. The Company operates over 10 senior living communities in approximately 20 states, including over 70 senior living communities, which the Company owns and over 50 senior living communities the Company leases.
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