Equities research analysts expect that Carlisle Companies, Inc. (NYSE:CSL) will post earnings per share of $1.70 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Carlisle Companies’ earnings, with estimates ranging from $1.61 to $1.82. Carlisle Companies posted earnings of $1.75 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 2.9%. The company is expected to report its next quarterly earnings results after the market closes on Tuesday, July 25th.
According to Zacks, analysts expect that Carlisle Companies will report full-year earnings of $5.94 per share for the current year, with EPS estimates ranging from $5.70 to $6.40. For the next financial year, analysts anticipate that the company will report earnings of $6.52 per share, with EPS estimates ranging from $6.22 to $6.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Carlisle Companies.
Carlisle Companies (NYSE:CSL) last announced its earnings results on Thursday, April 27th. The conglomerate reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.04. The business had revenue of $857.30 million for the quarter, compared to analyst estimates of $832.50 million. Carlisle Companies had a net margin of 6.80% and a return on equity of 15.67%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Monday, March 27th. BMO Capital Markets reissued a “buy” rating and set a $130.00 price target on shares of Carlisle Companies in a research report on Thursday, April 20th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $117.17.
Shares of Carlisle Companies (NYSE:CSL) traded up 1.50% during trading on Tuesday, hitting $103.55. 572,766 shares of the stock were exchanged. The stock’s 50 day moving average price is $105.30 and its 200 day moving average price is $107.88. Carlisle Companies has a one year low of $98.23 and a one year high of $116.40. The business also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Friday, May 12th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, May 10th. Carlisle Companies’s dividend payout ratio is presently 36.75%.
A number of large investors have recently modified their holdings of the company. First Republic Investment Management Inc. raised its stake in shares of Carlisle Companies by 0.4% in the fourth quarter. First Republic Investment Management Inc. now owns 2,457 shares of the conglomerate’s stock valued at $271,000 after buying an additional 11 shares in the last quarter. Brown Advisory Inc. raised its stake in shares of Carlisle Companies by 0.4% in the fourth quarter. Brown Advisory Inc. now owns 3,417 shares of the conglomerate’s stock valued at $377,000 after buying an additional 12 shares in the last quarter. Cetera Advisors LLC raised its stake in shares of Carlisle Companies by 0.3% in the third quarter. Cetera Advisors LLC now owns 5,280 shares of the conglomerate’s stock valued at $542,000 after buying an additional 17 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Carlisle Companies by 0.7% in the third quarter. Advisor Group Inc. now owns 3,372 shares of the conglomerate’s stock valued at $345,000 after buying an additional 22 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its stake in shares of Carlisle Companies by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,008 shares of the conglomerate’s stock valued at $105,000 after buying an additional 25 shares in the last quarter. 87.64% of the stock is currently owned by hedge funds and other institutional investors. Carlisle Companies Company Profile
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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