Carlisle Companies (CSL) Expected to Announce Earnings on Tuesday

Carlisle Companies (NYSE:CSL) is projected to announce its earnings results after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $4.43 per share and revenue of $1.16 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Carlisle Companies Trading Down 1.3 %

NYSE CSL opened at $389.39 on Friday. The stock has a market cap of $17.65 billion, a PE ratio of 13.78, a PEG ratio of 1.15 and a beta of 0.96. Carlisle Companies has a 12 month low of $313.14 and a 12 month high of $481.26. The company’s 50-day moving average price is $402.09 and its 200-day moving average price is $419.13. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $1.00 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.03%. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CSL. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Robert W. Baird decreased their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Truist Financial started coverage on Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target on the stock. Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Transactions at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now owns 2,834 shares of the company’s stock, valued at $1,256,623.94. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.50% of the company’s stock.

About Carlisle Companies

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.