$0.78 EPS Expected for CalAtlantic Group Inc (CAA)

July 18, 2017 - By Vivian Park

 $0.78 EPS Expected for CalAtlantic Group Inc (CAA)

Wall Street await CalAtlantic Group Inc (NYSE:CAA) to release earnings on July, 27. Analysts forecast EPS of $0.78, down exactly $0.10 or 11.36 % from 2014’s $0.88 EPS. The expected CAA’s profit could reach $89.58M giving the stock 11.83 P/E in the case that $0.78 earnings per share is reported. After posting $0.62 EPS for the previous quarter, CalAtlantic Group Inc’s analysts now forecast 25.81 % EPS growth. The stock decreased 0.16% or $0.06 during the last trading session, reaching $36.92. About 658,925 shares traded. CalAtlantic Group Inc (NYSE:CAA) has risen 9.92% since July 18, 2016 and is uptrending. It has underperformed by 6.78% the S&P500.

CalAtlantic Group Inc (NYSE:CAA) Ratings Coverage

Among 11 analysts covering CalAtlantic Group (NYSE:CAA), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. CalAtlantic Group had 18 analyst reports since October 6, 2015 according to SRatingsIntel. FBR Capital maintained the shares of CAA in report on Monday, February 22 with “Mkt Perform” rating. The company was initiated on Friday, June 23 by Credit Suisse. The rating was upgraded by Bank of America on Friday, August 12 to “Buy”. The firm has “Overweight” rating given on Wednesday, January 20 by Barclays Capital. The stock has “Neutral” rating by Credit Suisse on Tuesday, October 6. The stock of CalAtlantic Group Inc (NYSE:CAA) has “Sector Weight” rating given on Wednesday, October 21 by KeyBanc Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Monday, May 1. The firm earned “Outperform” rating on Friday, May 13 by Raymond James. The firm has “Outperform” rating given on Tuesday, December 15 by Credit Suisse. As per Monday, October 19, the company rating was upgraded by Compass Point.

CalAtlantic Group, Inc. is a diversified builder of single-family attached and detached homes. The company has market cap of $4.24 billion. The Firm operates through two divisions: homebuilding and financial services. It has a 10.03 P/E ratio. The homebuilding segment activities include acquiring and developing land, and constructing and selling single-family attached and detached homes.

More notable recent CalAtlantic Group Inc (NYSE:CAA) news were published by: Prnewswire.com which released: “CalAtlantic Group, Inc. Schedules 2017 Second Quarter Results Conference Call …” on June 28, 2017, also Prnewswire.com with their article: “CalAtlantic Homes Debuts Nine New Home Designs Across Three Distinctive New …” published on June 24, 2017, Prnewswire.com published: “CalAtlantic Homes Delivers New Floor Plans In St. Cloud FL, With Grand Opening …” on June 24, 2017. More interesting news about CalAtlantic Group Inc (NYSE:CAA) were released by: Prnewswire.com and their article: “CalAtlantic Homes Introduces Village Living And Park Amenities At River Walk …” published on June 24, 2017 as well as Prnewswire.com‘s news article titled: “CalAtlantic Homes Debuts Stonehaven, Offering Premier Schools And Gated …” with publication date: July 08, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.