CalAtlantic Group, Inc. (CAA) year to date performance remained at 44.28%

Marcus Newton
November 1, 2017

FBR & Co now has a $38.00 price objective on the stock. It also provides mortgage financing services to its homebuyers; and title examination services. Barclays PLC raised CalAtlantic Group from an "underweight" rating to an "equal weight" rating and set a $35.00 target price on the stock in a report on Tuesday, July 11th. Wells Fargo & Co. initiated coverage on CalAtlantic Group in a research note on Wednesday, September 28th. They issued a neutral rating and a $42.00 price target on the stock.

On October 31 the company was rated " by Evercore ISI Group a cut from the previous "Buy" rating. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock now has a consensus rating of Buy and a consensus target price of $42.29. LS Investment Advisors LLC grew its holdings in shares of CalAtlantic Group by 16.4% during the 2nd quarter.

CalAtlantic Group, Inc. (NYSE:CAA) touched its 1-Year High price of $50.48 on 10/30/17 and its 1-Year Low price of $30.20 on 11/09/16. CAA has recorded a 50-day average of $37.10 and a two hundred day average of $36.25. KeyCorp reissued a "hold" rating on shares of CalAtlantic Group in a report on Friday, August 25th. The business had revenue of $1.62 billion during the quarter, compared to analysts' expectations of $1.61 billion. CalAtlantic Group had a net margin of 7.26% and a return on equity of 11.40%. The dividend was $0.040 per share for the quarter which comes to $0.16 on an annualized basis. In the latest earnings report the EPS was $3.63 and is estimated to be $3.45 for the current year with 110,204,000 shares now outstanding. The ex-dividend date was set for Thursday the 14th of September 2017. This dividend represents a yield of $0.40 which is the dividend as a percentage of the current share price.

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Looking at insider trading can give great insight into how CalAtlantic Group, Inc.

Lennar's stock opened down $1.48 or 2.55 percent at $56.53 a share Monday in New York Stock Exchange trading. CalAtlantic Group presently has a consensus rating of "Hold" and a consensus price target of $41.70. The stock has $108.92M outstanding shares. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The average numbers of shares are traded in a security per day, during the recent 3-month period. Inc. purchased a new position in CalAtlantic Group in the second quarter worth $138,000. Next quarter's EPS is forecasted at $1.26 and the next full year EPS is projected to be $4.05.

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