CaliberCos Inc. (NASDAQ:CWD – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 813,964 shares, a growth of 54.4% from the September 15th total of 527,346 shares. Based on an average daily volume of 9,921,414 shares, the days-to-cover ratio is currently 0.1 days. Currently, 8.6% of the shares of the stock are sold short.
CaliberCos Trading Down 5.9%
CWD stock opened at $0.41 on Friday. The company has a market cap of $4.26 million, a price-to-earnings ratio of -0.11 and a beta of -0.10. CaliberCos has a 12 month low of $0.40 and a 12 month high of $3.75. The firm has a 50-day moving average of $0.54 and a two-hundred day moving average of $0.76.
CaliberCos (NASDAQ:CWD – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.21). The business had revenue of $4.19 million during the quarter, compared to analysts’ expectations of $4.73 million. CaliberCos had a negative return on equity of 75.44% and a negative net margin of 117.34%.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CaliberCos in a report on Thursday. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.
Read Our Latest Stock Analysis on CaliberCos
About CaliberCos
CaliberCos Inc is an alternative asset management and real estate development company based in Arizona. Through its affiliated entities and investment funds, the company acquires, develops, renovates, and manages commercial real estate and other operating businesses.
Its portfolio and investment activities have included multifamily housing, office properties, hospitality assets, and other commercial real estate projects. CaliberCos generally seeks to create and manage private investment opportunities for accredited and institutional investors, with services spanning investment management, property development, asset management, and operations.
The company’s activities have primarily focused on markets in the United States, particularly the Southwestern United States.
See Also
- Five stocks we like better than CaliberCos
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for CaliberCos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CaliberCos and related companies with MarketBeat.com's FREE daily email newsletter.
