CapStar Financial (CSTR) to Release Quarterly Earnings on Thursday

CapStar Financial (NASDAQ:CSTRGet Rating) will be issuing its quarterly earnings data after the market closes on Thursday, April 21st. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

CapStar Financial (NASDAQ:CSTRGet Rating) last released its earnings results on Thursday, January 27th. The bank reported $0.56 earnings per share for the quarter. The business had revenue of $34.13 million for the quarter. CapStar Financial had a return on equity of 13.46% and a net margin of 34.49%. During the same quarter last year, the business earned $0.51 EPS. On average, analysts expect CapStar Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NASDAQ CSTR opened at $20.47 on Thursday. The company has a market cap of $454.97 million, a PE ratio of 9.35 and a beta of 1.02. The stock’s 50 day simple moving average is $21.23 and its 200-day simple moving average is $21.40. CapStar Financial has a 1-year low of $17.05 and a 1-year high of $23.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.88.

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 23rd. Stockholders of record on Wednesday, February 9th were given a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, February 8th. This represents a $0.24 annualized dividend and a dividend yield of 1.17%. CapStar Financial’s dividend payout ratio (DPR) is presently 10.96%.

A number of large investors have recently added to or reduced their stakes in CSTR. Deutsche Bank AG increased its position in CapStar Financial by 5.6% in the 4th quarter. Deutsche Bank AG now owns 12,432 shares of the bank’s stock valued at $261,000 after acquiring an additional 660 shares during the period. Charles Schwab Investment Management Inc. increased its position in CapStar Financial by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 52,028 shares of the bank’s stock valued at $1,095,000 after acquiring an additional 1,456 shares during the period. Royal Bank of Canada increased its position in CapStar Financial by 30.2% in the 3rd quarter. Royal Bank of Canada now owns 10,806 shares of the bank’s stock valued at $230,000 after acquiring an additional 2,504 shares during the period. Invesco Ltd. increased its position in CapStar Financial by 11.3% in the 3rd quarter. Invesco Ltd. now owns 25,939 shares of the bank’s stock valued at $551,000 after acquiring an additional 2,637 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in CapStar Financial by 107.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 5,248 shares of the bank’s stock worth $111,000 after purchasing an additional 2,713 shares during the period. Hedge funds and other institutional investors own 43.49% of the company’s stock.

CSTR has been the topic of a number of analyst reports. DA Davidson initiated coverage on CapStar Financial in a research report on Wednesday, January 12th. They set a “buy” rating and a $26.00 price objective on the stock. StockNews.com initiated coverage on CapStar Financial in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Finally, Zacks Investment Research upgraded CapStar Financial from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Monday, April 4th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, CapStar Financial currently has a consensus rating of “Buy” and an average target price of $23.80.

CapStar Financial Company Profile (Get Rating)

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.

See Also

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.