Shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) have been assigned an average rating of “Hold” from the five research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $19.75.
Several analysts recently commented on CSTR shares. Zacks Investment Research upgraded shares of Capstar Financial from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Wednesday, May 2nd. ValuEngine upgraded shares of Capstar Financial from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Sandler O’Neill set a $20.00 price target on shares of Capstar Financial and gave the stock a “hold” rating in a report on Wednesday, March 28th. Finally, Stephens restated a “hold” rating and set a $20.00 price target on shares of Capstar Financial in a report on Thursday, June 28th.
Get Capstar Financial alerts:Shares of Capstar Financial traded up $0.21, hitting $19.05, during midday trading on Tuesday, according to Marketbeat Ratings. The stock had a trading volume of 648 shares, compared to its average volume of 26,271. Capstar Financial has a fifty-two week low of $16.00 and a fifty-two week high of $22.22. The stock has a market cap of $216.07 million, a price-to-earnings ratio of 47.25 and a beta of 0.69. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.01 and a quick ratio of 0.95.
Capstar Financial (NASDAQ:CSTR) last announced its earnings results on Friday, April 27th. The bank reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $13.94 million during the quarter, compared to analysts’ expectations of $13.37 million. Capstar Financial had a net margin of 6.70% and a return on equity of 9.91%. analysts anticipate that Capstar Financial will post 1.14 earnings per share for the current year.
The business also recently declared a Not Available dividend, which will be paid on Wednesday, August 15th. Investors of record on Tuesday, July 31st will be issued a dividend of $0.04 per share. The ex-dividend date is Monday, July 30th.
Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its holdings in shares of Capstar Financial by 1.0% during the fourth quarter. BlackRock Inc. now owns 388,842 shares of the bank’s stock worth $8,077,000 after purchasing an additional 3,682 shares during the period. Foresters Investment Management Company Inc. boosted its holdings in shares of Capstar Financial by 27.1% during the first quarter. Foresters Investment Management Company Inc. now owns 290,500 shares of the bank’s stock worth $5,470,000 after purchasing an additional 62,000 shares during the period. Ranger Investment Management L.P. boosted its holdings in shares of Capstar Financial by 6.8% during the fourth quarter. Ranger Investment Management L.P. now owns 147,911 shares of the bank’s stock worth $3,072,000 after purchasing an additional 9,470 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Capstar Financial by 7.7% during the first quarter. Russell Investments Group Ltd. now owns 56,176 shares of the bank’s stock worth $1,058,000 after purchasing an additional 3,994 shares during the period. Finally, Dimensional Fund Advisors LP acquired a new stake in shares of Capstar Financial during the first quarter worth approximately $818,000. Institutional investors and hedge funds own 36.13% of the company’s stock.
Capstar Financial Company Profile
CapStar Financial Holdings, Inc operates as the holding company for CapStar Bank that provides commercial banking services to consumer and corporate customers located primarily in Davidson, Sumner, Williamson, and the surrounding counties in Tennessee, the United States. It offers a range of deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, certificates of deposit, and CDARS reciprocal products.
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