Capital Senior Living Corp. (CSU) Stock Price Up 3.2%
Capital Senior Living Corp. (NYSE:CSU) shares rose 3.2% during mid-day trading on Friday . The stock traded as high as $17.55 and last traded at $17.52, with a volume of 307,430 shares traded. The stock had previously closed at $16.97.
CSU has been the topic of several research reports. Zacks Investment Research downgraded shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 5th. JMP Securities dropped their price objective on shares of Capital Senior Living Corp. from $26.00 to $25.00 and set a “market outperform” rating on the stock in a report on Wednesday, August 24th. Finally, Stifel Nicolaus downgraded shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a report 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 company. Capital Senior Living Corp. presently has a consensus rating of “Hold” and an average target price of $25.00.
The firm’s 50 day moving average is $17.73 and its 200 day moving average is $18.13. The firm’s market cap is $506.56 million.
Capital Senior Living Corp. (NYSE:CSU) last announced its earnings results on Tuesday, August 2nd. The company reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.17. During the same period last year, the firm earned $0.01 EPS. The company had revenue of $111 million for the quarter, compared to analyst estimates of $112.79 million. The company’s revenue was up 9.3% compared to the same quarter last year. Equities research analysts anticipate that Capital Senior Living Corp. will post ($0.58) earnings per share for the current year.
In other Capital Senior Living Corp. news, VP Greg Boemer sold 3,147 shares of the stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $18.76, for a total value of $59,037.72. Following the completion of the sale, the vice president now owns 7,298 shares in the company, valued at $136,910.48. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Lawrence A. Cohen sold 80,000 shares of the stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $19.09, for a total transaction of $1,527,200.00. Following the completion of the sale, the chief executive officer now owns 913,134 shares of the company’s stock, valued at approximately $17,431,728.06. The disclosure for this sale can be found here.
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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