Equities Analysts Offer Predictions for Carlisle Companies Incorporated’s Q4 2024 Earnings (NYSE:CSL)

Carlisle Companies Incorporated (NYSE:CSLFree Report) – Analysts at Zacks Research upped their Q4 2024 EPS estimates for Carlisle Companies in a research report issued to clients and investors on Monday, September 16th. Zacks Research analyst S. Roy now anticipates that the conglomerate will post earnings per share of $4.80 for the quarter, up from their prior forecast of $4.75. The consensus estimate for Carlisle Companies’ current full-year earnings is $20.58 per share. Zacks Research also issued estimates for Carlisle Companies’ Q1 2025 earnings at $3.91 EPS, Q2 2025 earnings at $6.13 EPS, Q4 2025 earnings at $5.39 EPS, FY2025 earnings at $21.36 EPS, Q1 2026 earnings at $4.70 EPS, Q2 2026 earnings at $6.78 EPS and FY2026 earnings at $24.15 EPS.

Carlisle Companies (NYSE:CSLGet Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, beating analysts’ consensus estimates of $5.84 by $0.40. Carlisle Companies had a net margin of 27.88% and a return on equity of 31.65%. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same period last year, the business earned $5.18 earnings per share. The business’s quarterly revenue was up 11.0% on a year-over-year basis.

A number of other brokerages have also commented on CSL. Robert W. Baird raised their price target on Carlisle Companies from $465.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, July 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $480.00 price target (up previously from $475.00) on shares of Carlisle Companies in a research note on Wednesday, September 4th. Finally, StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $433.00.

Read Our Latest Report on Carlisle Companies

Carlisle Companies Stock Down 0.3 %

Shares of NYSE CSL opened at $437.02 on Thursday. Carlisle Companies has a one year low of $235.79 and a one year high of $443.87. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.89 and a quick ratio of 2.50. The firm’s 50 day simple moving average is $410.45 and its two-hundred day simple moving average is $402.04. The stock has a market capitalization of $20.80 billion, a P/E ratio of 25.37, a PEG ratio of 1.30 and a beta of 0.90.

Carlisle Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 annualized dividend and a yield of 0.92%. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio (DPR) is currently 23.19%.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $425.29, for a total transaction of $9,130,976.30. Following the completion of the transaction, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $425.29, for a total transaction of $9,130,976.30. Following the completion of the transaction, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP David W. Smith sold 600 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $425.56, for a total value of $255,336.00. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,206,037.04. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Carlisle Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Carlisle Companies during the second quarter valued at $32,000. ORG Partners LLC bought a new position in shares of Carlisle Companies during the second quarter valued at $31,000. Gilliland Jeter Wealth Management LLC bought a new position in shares of Carlisle Companies during the second quarter valued at $39,000. V Square Quantitative Management LLC bought a new position in shares of Carlisle Companies during the fourth quarter valued at $31,000. Finally, Principal Securities Inc. bought a new position in shares of Carlisle Companies during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Company Profile

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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.

See Also

Earnings History and Estimates for Carlisle Companies (NYSE:CSL)

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