Capital Senior Living Corp. (CSU) Trading 3% Higher
Capital Senior Living Corp. (NYSE:CSU) shares traded up 3% during trading on Monday . The company traded as high as $16.84 and last traded at $16.77, with a volume of 279,288 shares trading hands. The stock had previously closed at $16.28.
A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of Capital Senior Living Corp. from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Wednesday, April 27th. Stifel Nicolaus lowered shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Capital Senior Living Corp. has a consensus rating of “Hold” and a consensus target price of $25.33.
The stock’s market cap is $483.40 million. The stock has a 50-day moving average price of $18.07 and a 200 day moving average price of $18.10.
Capital Senior Living Corp. (NYSE:CSU) last announced its earnings results on Tuesday, August 2nd. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.17. The firm had revenue of $111 million for the quarter, compared to analyst estimates of $112.79 million. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.01 EPS. Equities research analysts predict that Capital Senior Living Corp. will post ($0.58) EPS for the current year.
In other news, CEO Lawrence A. Cohen sold 80,000 shares of the company’s stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $19.09, for a total value of $1,527,200.00. Following the completion of the transaction, the chief executive officer now directly owns 913,134 shares in the company, valued at $17,431,728.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Greg Boemer sold 3,147 shares of the company’s stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $18.76, for a total transaction of $59,037.72. Following the completion of the transaction, the vice president now owns 7,298 shares of the company’s stock, valued at $136,910.48. The disclosure for this sale can be found here.
An institutional investor recently raised its position in Capital Senior Living Corp. stock. Schwab Charles Investment Management Inc. boosted its stake in shares of Capital Senior Living Corp. (NYSE:CSU) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,192 shares of the company’s stock after buying an additional 3,240 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.37% of Capital Senior Living Corp. worth $2,195,000 as of its most recent SEC filing.
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.