Wall Street brokerages predict that Carlisle Companies, Inc. (NYSE:CSL) will post earnings of $1.05 per share for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Carlisle Companies’ earnings, with estimates ranging from $0.99 to $1.20. Carlisle Companies reported earnings of $1.04 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 1%. The business is scheduled to report its next earnings results on Thursday, April 26th.

According to Zacks, analysts expect that Carlisle Companies will report full year earnings of $6.05 per share for the current financial year, with EPS estimates ranging from $5.80 to $6.65. For the next financial year, analysts anticipate that the company will post earnings of $6.90 per share, with EPS estimates ranging from $6.54 to $7.30. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that that provide coverage for Carlisle Companies.

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Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Thursday, February 8th. The conglomerate reported $1.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.20. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. Carlisle Companies had a net margin of 8.94% and a return on equity of 13.53%. Carlisle Companies’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 earnings per share.

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Robert W. Baird dropped their price objective on shares of Carlisle Companies from $130.00 to $125.00 and set an “outperform” rating on the stock in a research note on Friday, February 9th. SunTrust Banks reiterated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a research note on Friday, February 9th. Finally, B. Riley set a $125.00 price objective on shares of Carlisle Companies and gave the company a “buy” rating in a research note on Friday, February 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $124.63.

Several institutional investors and hedge funds have recently bought and sold shares of CSL. Raymond James Financial Services Advisors Inc. grew its position in shares of Carlisle Companies by 3.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock worth $233,000 after buying an additional 75 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Carlisle Companies by 6.1% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,601 shares of the conglomerate’s stock worth $979,000 after buying an additional 491 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Carlisle Companies by 8.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 6,648 shares of the conglomerate’s stock worth $756,000 after buying an additional 499 shares in the last quarter. Mutual of America Capital Management LLC grew its position in shares of Carlisle Companies by 0.8% during the fourth quarter. Mutual of America Capital Management LLC now owns 70,705 shares of the conglomerate’s stock worth $8,036,000 after buying an additional 545 shares in the last quarter. Finally, Barrett Asset Management LLC grew its position in shares of Carlisle Companies by 14.5% during the third quarter. Barrett Asset Management LLC now owns 5,202 shares of the conglomerate’s stock worth $522,000 after buying an additional 660 shares in the last quarter. Institutional investors own 88.02% of the company’s stock.

Carlisle Companies (NYSE CSL) traded down $1.12 on Friday, hitting $107.14. 527,093 shares of the stock were exchanged, compared to its average volume of 483,422. The stock has a market capitalization of $6,671.37, a price-to-earnings ratio of 18.76, a P/E/G ratio of 1.12 and a beta of 0.86. Carlisle Companies has a 12 month low of $92.09 and a 12 month high of $119.21. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.50 and a quick ratio of 1.73.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Tuesday, February 20th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.38%. Carlisle Companies’s dividend payout ratio is currently 25.92%.

Carlisle Companies announced that its board has initiated a share repurchase plan on Tuesday, February 6th that permits the company to buyback 5,000,000 outstanding shares. This buyback authorization permits the conglomerate to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

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About Carlisle Companies

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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Earnings History and Estimates for Carlisle Companies (NYSE:CSL)

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