CalAtlantic Group Inc (CAA) Analysts See $0.78 EPS

July 18, 2017 - By Hazel Jackson

 CalAtlantic Group Inc (CAA) Analysts See $0.78 EPS

Analysts await CalAtlantic Group Inc (NYSE:CAA) to report earnings on July, 27. They expect $0.78 EPS, down 11.36 % or $0.10 from last year’s $0.88 per share. CAA’s profit will be $89.58M for 11.83 P/E if the $0.78 EPS becomes a reality. After $0.62 actual EPS reported by CalAtlantic Group Inc for the previous quarter, Wall Street now forecasts 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. The company was maintained on Monday, February 22 by FBR Capital. The company was initiated on Friday, June 23 by Credit Suisse. The company was upgraded on Wednesday, January 20 by Barclays Capital. The firm earned “Outperform” rating on Friday, May 13 by Raymond James. As per Tuesday, September 20, the company rating was initiated by Wedbush. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, October 21. As per Monday, October 19, the company rating was upgraded by Compass Point. The firm earned “Neutral” rating on Monday, February 22 by M Partners. On Tuesday, October 6 the stock rating was maintained by Credit Suisse with “Neutral”. The stock of CalAtlantic Group Inc (NYSE:CAA) has “Equal-Weight” rating given on Tuesday, October 13 by Barclays Capital.

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 Homes Debuts Spacious Single-Family Home Designs And Premier Park …” on July 07, 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 Brings High-Tech, High-Style Living To Sterling Ranch In …” on June 30, 2017. More interesting news about CalAtlantic Group Inc (NYSE:CAA) were released by: Prnewswire.com and their article: “CalAtlantic Group, Inc. Schedules 2017 Second Quarter Results Conference Call …” published on June 28, 2017 as well as Prnewswire.com‘s news article titled: “CalAtlantic Homes Delivers New Floor Plans In St. Cloud FL, With Grand Opening …” with publication date: June 24, 2017.

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