Brokerages expect Carlisle Companies, Inc. (NYSE:CSL) to post $1.23 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Carlisle Companies’ earnings. The lowest EPS estimate is $1.11 and the highest is $1.32. Carlisle Companies posted earnings of $1.17 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 5.1%. The company is expected to announce its next earnings results on Thursday, February 14th.

On average, analysts expect that Carlisle Companies will report full-year earnings of $5.61 per share for the current financial year, with EPS estimates ranging from $5.48 to $5.71. For the next year, analysts forecast that the company will report earnings of $6.92 per share, with EPS estimates ranging from $6.56 to $7.20. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Carlisle Companies.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, October 23rd. The conglomerate reported $1.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.73 by ($0.14). Carlisle Companies had a net margin of 14.21% and a return on equity of 13.47%. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the firm earned $1.37 EPS. Carlisle Companies’s revenue for the quarter was up 17.9% on a year-over-year basis.

Several equities analysts recently weighed in on the company. BMO Capital Markets lifted their price target on Carlisle Companies from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, September 7th. Zacks Investment Research lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Longbow Research reiterated a “hold” rating on shares of Carlisle Companies in a research note on Monday, September 24th. SunTrust Banks boosted their price objective on Carlisle Companies from $132.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, October 1st. Finally, ValuEngine upgraded Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, July 25th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Carlisle Companies has a consensus rating of “Buy” and an average price target of $128.50.

Shares of Carlisle Companies stock traded down $1.80 on Monday, hitting $103.30. The company’s stock had a trading volume of 341,961 shares, compared to its average volume of 471,797. The company has a quick ratio of 2.55, a current ratio of 3.27 and a debt-to-equity ratio of 0.59. Carlisle Companies has a 1 year low of $92.16 and a 1 year high of $129.47. The firm has a market cap of $6.26 billion, a PE ratio of 18.68, a P/E/G ratio of 1.25 and a beta of 1.10.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Monday, November 19th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, November 16th. This represents a $1.60 annualized dividend and a yield of 1.55%. Carlisle Companies’s dividend payout ratio (DPR) is currently 28.93%.

In other Carlisle Companies news, Director David A. Roberts sold 36,533 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $127.52, for a total transaction of $4,658,688.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of CSL. Wells Fargo & Company MN boosted its holdings in shares of Carlisle Companies by 178.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,707,543 shares of the conglomerate’s stock worth $184,943,000 after purchasing an additional 1,094,184 shares during the last quarter. Select Equity Group L.P. acquired a new position in shares of Carlisle Companies during the 2nd quarter worth approximately $82,864,000. Point72 Asset Management L.P. acquired a new position in shares of Carlisle Companies during the 3rd quarter worth approximately $65,970,000. Reinhart Partners Inc. acquired a new position in shares of Carlisle Companies during the 2nd quarter worth approximately $21,557,000. Finally, Janus Henderson Group PLC boosted its holdings in shares of Carlisle Companies by 4.4% during the 2nd quarter. Janus Henderson Group PLC now owns 4,286,431 shares of the conglomerate’s stock worth $464,263,000 after purchasing an additional 181,769 shares during the last quarter. Institutional investors and hedge funds own 87.07% of the company’s stock.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.

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

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