Capstar Financial (CSTR) Scheduled to Post Quarterly Earnings on Thursday


Share on StockTwits

Capstar Financial (NASDAQ:CSTR) will be releasing its earnings data after the market closes on Thursday, April 22nd. Analysts expect Capstar Financial to post earnings of $0.44 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Capstar Financial (NASDAQ:CSTR) last issued its quarterly earnings results on Friday, January 29th. The bank reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.14. The business had revenue of $34.08 million during the quarter, compared to analyst estimates of $31.89 million. Capstar Financial had a net margin of 16.15% and a return on equity of 7.89%. On average, analysts expect Capstar Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Capstar Financial stock opened at $18.10 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.97 and a quick ratio of 0.90. The firm has a market cap of $399.72 million, a P/E ratio of 17.40 and a beta of 1.13. The firm has a 50 day simple moving average of $17.53 and a 200 day simple moving average of $14.41. Capstar Financial has a fifty-two week low of $8.94 and a fifty-two week high of $19.13.

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 24th. Investors of record on Wednesday, February 10th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Tuesday, February 9th. Capstar Financial’s dividend payout ratio is currently 15.27%.

A number of analysts recently weighed in on the stock. Hovde Group assumed coverage on shares of Capstar Financial in a report on Friday, March 19th. They issued an “outperform” rating and a $22.00 price target for the company. Raymond James raised their price objective on shares of Capstar Financial from $16.00 to $20.00 and gave the company an “outperform” rating in a research note on Tuesday, April 13th. Finally, Zacks Investment Research raised shares of Capstar Financial from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Friday, April 2nd. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $18.25.

In other Capstar Financial news, Director James S. Jr. Turner sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, March 1st. The shares were sold at an average price of $16.23, for a total value of $40,575.00. Following the transaction, the director now directly owns 257,298 shares of the company’s stock, valued at $4,175,946.54. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 7,500 shares of company stock worth $119,600. Insiders own 13.60% of the company’s stock.

About Capstar Financial

CapStar Financial Holdings, Inc operates as the bank holding company for CapStar Bank that provides banking services to consumer and corporate customers located primarily in Tennessee, the United States. Its deposit products and services include demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, certificates of deposit, and CDARS reciprocal products.

Featured Story: Quick Ratio

Earnings History for Capstar Financial (NASDAQ:CSTR)

Receive News & Ratings for Capstar Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstar Financial and related companies with MarketBeat.com's FREE daily email newsletter.