Wall Street brokerages forecast that Capital Senior Living Corporation (NYSE:CSU) will announce $116.11 million in sales for the current quarter, Zacks reports. Two analysts have issued estimates for Capital Senior Living Corporation’s earnings, with the highest sales estimate coming in at $116.20 million and the lowest estimate coming in at $116.01 million. Capital Senior Living Corporation reported sales of $111.03 million during the same quarter last year, which would suggest a positive year over year growth rate of 4.6%. The business is scheduled to announce its next quarterly earnings results on Tuesday, August 1st.
On average, analysts expect that Capital Senior Living Corporation will report full year sales of $116.11 million for the current year, with estimates ranging from $470.48 million to $473.40 million. For the next year, analysts expect that the firm will post sales of $503.11 million per share, with estimates ranging from $499.20 million to $507.01 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Capital Senior Living Corporation.
Capital Senior Living Corporation (NYSE:CSU) last posted its earnings results on Tuesday, May 2nd. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.07. The firm had revenue of $115.99 million during the quarter, compared to the consensus estimate of $115.37 million. Capital Senior Living Corporation had a negative net margin of 9.66% and a negative return on equity of 4.35%.
Separately, Zacks Investment Research upgraded shares of Capital Senior Living Corporation from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a research note on Friday, May 5th.
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Capital Senior Living Corporation (NYSE CSU) traded up 0.32% during trading on Friday, hitting $15.64. 454,987 shares of the stock traded hands. The firm has a 50-day moving average price of $14.31 and a 200 day moving average price of $15.28. Capital Senior Living Corporation has a 52-week low of $12.65 and a 52-week high of $19.92. The company’s market cap is $452.98 million.
A number of large investors have recently added to or reduced their stakes in the company. Sei Investments Co. raised its stake in 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. Glacier Peak Capital LLC purchased a new stake in Capital Senior Living Corporation during the fourth quarter valued at about $161,000. Brown Advisory Inc. purchased a new stake in Capital Senior Living Corporation during the fourth quarter valued at about $193,000. KCG Holdings Inc. purchased a new stake in Capital Senior Living Corporation during the first quarter valued at about $187,000. Finally, Trexquant Investment LP purchased a new stake in Capital Senior Living Corporation during the first quarter valued at about $195,000. 98.17% of the stock is owned by institutional investors.
Capital Senior Living Corporation Company Profile
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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