Capital Senior Living Corp. (CSU) Trading Up 3.2%
Shares of Capital Senior Living Corp. (NYSE:CSU) were up 3.2% on Friday . The stock traded as high as $17.55 and last traded at $17.52, with a volume of 307,430 shares changing hands. The stock had previously closed at $16.97.
Several analysts have recently weighed in on CSU shares. Zacks Investment Research downgraded Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 5th. JMP Securities lowered their target price on Capital Senior Living Corp. from $26.00 to $25.00 and set a “market outperform” rating for the company in a research note on Wednesday, August 24th. Finally, Stifel Nicolaus downgraded Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $25.00.
The company’s market cap is $506.56 million. The company has a 50-day moving average of $17.73 and a 200 day moving average of $18.13.
Capital Senior Living Corp. (NYSE:CSU) last issued its earnings results on Tuesday, August 2nd. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by $0.17. The business had revenue of $111 million for the quarter, compared to the consensus estimate of $112.79 million. During the same period in the prior year, the business earned $0.01 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts forecast that Capital Senior Living Corp. will post ($0.58) EPS for the current fiscal year.
In related news, VP Greg Boemer sold 3,147 shares of Capital Senior Living Corp. 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 of the company’s stock, valued at approximately $136,910.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lawrence A. Cohen sold 80,000 shares of Capital Senior Living Corp. 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 directly 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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