CapitalSource (NYSE:CSE) declared a quarterly dividend on Thursday, June 6th, Analyst Ratings.Net reports. Investors of record on Monday, June 17th will be given a dividend of $0.01 per share on Friday, June 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend is Thursday, June 13th.
Several analysts have also recently commented on the stock. Analysts at SunTrust cut their price target on shares of CapitalSource from $10.00 to $9.00 in a research note to investors on Wednesday, May 1st. They now have a “neutral” rating on the stock. On the ratings front, analysts at TheStreet downgraded shares of CapitalSource from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, May 1st. Finally, analysts at Jefferies Group raised their price target on shares of CapitalSource from $9.00 to $11.00 in a research note to investors on Tuesday, April 30th. They now have a “buy” rating on the stock.
Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. CapitalSource has an average rating of “Hold” and an average price target of $9.50.
CapitalSource (NYSE: CSE) opened at 9.41 on Friday. CapitalSource has a 52-week low of $6.22 and a 52-week high of $9.86. The stock’s 50-day moving average is currently $9.28. The company has a market cap of $1.845 billion and a price-to-earnings ratio of 4.18.
CapitalSource (NYSE: CSE) last issued its quarterly earnings data on Monday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. On average, analysts predict that CapitalSource will post $0.61 earnings per share for the current fiscal year.
CapitalSource Inc. (NYSE: CSE) is a commercial lender which, primarily through its wholly owned subsidiary, CapitalSource Bank, provides financial products to small and middle market businesses nationwide and provides depository products and services in southern and central California.
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