Zacks Investment Research upgraded shares of Capital Senior Living (NYSE:CSU) from a hold rating to a buy rating in a research note released on Wednesday morning. Zacks Investment Research currently has $6.50 target price on the stock.
According to Zacks, “Capital Senior Living Corporation is one of the largest providers of senior living services in the United States. The Company currently owns interests in and/or operates 33 communities in 17 states with a capacity of approximately 5,000 residents, including 17 communities in which it owns interests, 15 communities that it manages for third parties. The Company also operates one home health care agency. “
Several other research firms have also recently weighed in on CSU. JMP Securities reaffirmed an outperform rating on shares of Capital Senior Living in a report on Monday, December 31st. Barclays reaffirmed an average rating on shares of Capital Senior Living in a report on Monday, February 18th. Finally, ValuEngine cut Capital Senior Living from a strong-buy rating to a buy rating in a report on Thursday, December 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $7.88.
Shares of NYSE:CSU traded up $0.06 on Wednesday, hitting $5.06. The company’s stock had a trading volume of 400,148 shares, compared to its average volume of 173,952. Capital Senior Living has a 1 year low of $4.55 and a 1 year high of $12.90. The stock has a market cap of $188.91 million, a P/E ratio of -17.45 and a beta of 1.08. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 16.28.
Capital Senior Living (NYSE:CSU) last released its quarterly earnings results on Thursday, February 28th. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.58). Capital Senior Living had a negative net margin of 7.29% and a negative return on equity of 26.10%. On average, equities research analysts expect that Capital Senior Living will post -0.88 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Capital Senior Living by 2.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,533,796 shares of the company’s stock valued at $14,479,000 after purchasing an additional 39,119 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Capital Senior Living by 121.6% during the 3rd quarter. Renaissance Technologies LLC now owns 312,500 shares of the company’s stock valued at $2,950,000 after purchasing an additional 171,500 shares during the last quarter. Peregrine Capital Management LLC increased its position in shares of Capital Senior Living by 49.7% during the 4th quarter. Peregrine Capital Management LLC now owns 632,362 shares of the company’s stock valued at $4,300,000 after purchasing an additional 210,011 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Capital Senior Living during the 4th quarter valued at about $76,000. Finally, BlackRock Inc. increased its position in shares of Capital Senior Living by 6.4% during the 3rd quarter. BlackRock Inc. now owns 2,243,721 shares of the company’s stock valued at $21,180,000 after purchasing an additional 134,797 shares during the last quarter. Hedge funds and other institutional investors own 83.78% of the company’s stock.
Capital Senior Living Company Profile
Capital Senior Living Corporation owns, operates, develops, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent and assisted living, and home care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as ongoing exercise and fitness classes.
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