Sidoti Csr Has Optimistic View of CaliberCos FY2024 Earnings

CaliberCos Inc. (NASDAQ:CWD) – Analysts at Sidoti Csr boosted their FY2024 earnings per share (EPS) estimates for shares of CaliberCos in a research note issued to investors on Wednesday, November 13th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings per share of ($0.38) for the year, up from their previous forecast of ($0.57). The consensus estimate for CaliberCos’ current full-year earnings is ($0.38) per share. Sidoti Csr also issued estimates for CaliberCos’ Q4 2024 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.06 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.06 EPS and FY2026 earnings at $0.21 EPS.

CaliberCos Stock Up 15.1 %

Shares of CaliberCos stock opened at $0.58 on Monday. CaliberCos has a 12-month low of $0.49 and a 12-month high of $1.74. The stock has a market capitalization of $12.70 million, a P/E ratio of -1.15 and a beta of 0.56. The company has a 50-day simple moving average of $0.63 and a 200 day simple moving average of $0.73.

CaliberCos (NASDAQ:CWD) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.14. CaliberCos had a negative return on equity of 13.02% and a negative net margin of 16.19%. The firm had revenue of $11.30 million during the quarter. During the same quarter in the prior year, the company earned ($0.16) earnings per share.

Institutional Investors Weigh In On CaliberCos

A hedge fund recently raised its stake in CaliberCos stock. Koshinski Asset Management Inc. grew its stake in CaliberCos Inc. (NASDAQ:CWD) by 90.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,000 shares of the company’s stock after acquiring an additional 52,094 shares during the period. Koshinski Asset Management Inc. owned 0.50% of CaliberCos worth $69,000 as of its most recent filing with the Securities and Exchange Commission. 4.06% of the stock is owned by institutional investors and hedge funds.

About CaliberCos

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group.