Capstar Financial Holdings (CSTR) Earning Somewhat Positive Media Coverage, Report Shows
News coverage about Capstar Financial Holdings (NASDAQ:CSTR) has been trending somewhat positive on Tuesday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Capstar Financial Holdings earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.8991704158036 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Capstar Financial Holdings (NASDAQ:CSTR) traded up 0.24% on Tuesday, hitting $20.52. The stock had a trading volume of 17,288 shares. The company has a market cap of $232.82 million and a price-to-earnings ratio of 61.07. Capstar Financial Holdings has a one year low of $15.90 and a one year high of $22.35. The firm’s 50-day moving average is $19.52 and its 200-day moving average is $19.52.
Capstar Financial Holdings (NASDAQ:CSTR) last posted its quarterly earnings results on Monday, October 16th. The bank reported $0.35 EPS for the quarter, beating the consensus estimate of $0.23 by $0.12. The business had revenue of $14.22 million during the quarter, compared to analysts’ expectations of $13.56 million. Capstar Financial Holdings had a return on equity of 12.64% and a net margin of 31.09%. During the same period last year, the firm earned $0.20 EPS. On average, analysts expect that Capstar Financial Holdings will post $0.37 EPS for the current fiscal year.
A number of research analysts have issued reports on CSTR shares. Zacks Investment Research raised Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Monday, July 3rd. Sandler O’Neill downgraded Capstar Financial Holdings from a “buy” rating to a “hold” rating and decreased their price target for the company from $21.00 to $19.00 in a report on Tuesday, August 1st. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $18.00 price target on shares of Capstar Financial Holdings in a report on Tuesday, October 3rd. ValuEngine downgraded Capstar Financial Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Stephens set a $17.00 price target on Capstar Financial Holdings and gave the company a “hold” rating in a report on Monday, August 14th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $18.50.
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In other news, Director Julie D. Frist sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $19.44, for a total value of $38,880.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Gaylon M. Jr. Lawrence purchased 21,208 shares of Capstar Financial Holdings stock in a transaction dated Monday, October 16th. The stock was acquired at an average cost of $20.38 per share, with a total value of $432,219.04. The disclosure for this purchase can be found here. 19.28% of the stock is owned by company insiders.
About Capstar Financial Holdings
CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.
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