Carlisle Companies (CSL) to Release Quarterly Earnings on Tuesday

Carlisle Companies (NYSE:CSL) is expected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Carlisle Companies to post earnings of $4.43 per share and revenue of $1,161,920.00 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Carlisle Companies Price Performance

NYSE:CSL opened at $397.55 on Tuesday. The firm’s fifty day moving average is $405.87 and its two-hundred day moving average is $420.20. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 1.19 and a beta of 0.96. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. Carlisle Companies has a one year low of $308.44 and a one year high of $481.26.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were paid a $1.00 dividend. The ex-dividend date was Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.01%. Carlisle Companies’s payout ratio is 14.15%.

Insider Buying and Selling

In related news, VP David W. Smith sold 275 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Robert W. Baird decreased their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Truist Financial initiated coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price for the company. Oppenheimer restated an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Finally, The Goldman Sachs Group lowered their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $476.00.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.