Stifel Nicolaus Reaffirms “Hold” Rating for Capital Senior Living Corporation (NYSE:CSU)
Capital Senior Living Corporation (NYSE:CSU)‘s stock had its “hold” rating restated by analysts at Stifel Nicolaus in a research note issued to investors on Tuesday. They presently have a $15.00 target price on the stock, up from their prior target price of $13.00. Stifel Nicolaus’ target price indicates a potential upside of 18.86% from the company’s previous close.
Several other research analysts have also commented on CSU. Zacks Investment Research raised Capital Senior Living Corporation from a “hold” rating to a “strong-buy” rating and set a $16.00 price target on the stock in a research report on Friday, May 5th. BidaskClub lowered Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $17.33.
Shares of Capital Senior Living Corporation (NYSE:CSU) traded down 0.08% during trading on Tuesday, reaching $12.62. 294,985 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $14.97 and a 200 day moving average price of $14.93. Capital Senior Living Corporation has a 12-month low of $12.50 and a 12-month high of $18.48. The company’s market capitalization is $372.01 million.
Capital Senior Living Corporation (NYSE:CSU) last announced its quarterly earnings data on Tuesday, August 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.08. Capital Senior Living Corporation had a negative return on equity of 6.73% and a negative net margin of 10.28%. The business had revenue of $116.70 million during the quarter, compared to analysts’ expectations of $117.22 million. During the same quarter last year, the business posted ($0.15) EPS. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts expect that Capital Senior Living Corporation will post ($1.51) EPS for the current fiscal year.
In other Capital Senior Living Corporation news, VP Joseph G. Solari sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $15.97, for a total transaction of $47,910.00. Following the completion of the sale, the vice president now directly owns 43,364 shares in the company, valued at $692,523.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.10% of the company’s stock.
Large investors have recently modified their holdings of the company. Sei Investments Co. increased its stake in shares of Capital Senior Living Corporation by 24.4% in the first quarter. Sei Investments Co. now owns 8,428 shares of the company’s stock valued at $118,000 after buying an additional 1,654 shares in the last quarter. KCG Holdings Inc. bought a new stake in shares of Capital Senior Living Corporation during the first quarter valued at about $187,000. Trexquant Investment LP bought a new stake in shares of Capital Senior Living Corporation during the first quarter valued at about $195,000. Aperio Group LLC bought a new stake in shares of Capital Senior Living Corporation during the second quarter valued at about $200,000. Finally, American International Group Inc. increased its stake in shares of Capital Senior Living Corporation by 7.0% in the first quarter. American International Group Inc. now owns 17,313 shares of the company’s stock valued at $243,000 after buying an additional 1,135 shares in the last quarter. 98.88% of the stock is owned by institutional investors.
About Capital Senior Living Corporation
Capital Senior Living Corporation is an operator of senior housing communities in the United States. The Company provides senior living services to the elderly, including independent living and assisted living services, and provides home care services at one of its communities. Its continuum of care integrates independent living and assisted living and is bridged by home care through independent home care agencies or its home care agency, sustains residents’ autonomy and independence based on their physical and mental abilities.
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