CalAtlantic Group Company Profile (NYSE:CAA)

About CalAtlantic Group (NYSE:CAA)

CalAtlantic Group logoCalAtlantic Group, Inc. is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes. The Financial Services segment includes mortgage financing operation, which provides mortgage financing to its homebuyers in the markets, in which it operates, and sells all of the loans it originates in the secondary mortgage market. As of December 31, 2016, the Company built homes in communities that meet the desires of customers across the homebuilding spectrum, from entry level to luxury, in over 40 metropolitan statistical areas spanning 17 states and the District of Columbia. The Company also provides mortgage, title and escrow services. The Company provides mortgage loans to its homebuyers through its mortgage financing subsidiary, CalAtlantic Mortgage.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Builders - Single Homes
  • Sub-Industry: N/A
  • Symbol: NYSE:CAA
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.81307 billion
  • Outstanding Shares: 110,204,000
Average Prices:
  • 50 Day Moving Avg: $34.87
  • 200 Day Moving Avg: $36.12
  • 52 Week Range: $30.18 - $38.63
  • Trailing P/E Ratio: 9.66
  • Foreward P/E Ratio: 8.47
  • P/E Growth: 1.23
Sales & Book Value:
  • Annual Revenue: $6.67 billion
  • Price / Sales: 0.58
  • Book Value: $38.44 per share
  • Price / Book: 0.91
  • Annual Dividend: $0.16
  • Dividend Yield: 0.5%
  • EBIDTA: $792.59 million
  • Net Margins: 7.26%
  • Return on Equity: 11.40%
  • Return on Assets: 5.51%
  • Debt-to-Equity Ratio: 0.88%
  • Current Ratio: 8.12%
  • Quick Ratio: 0.51%
  • Average Volume: 1.05 million shs.
  • Beta: 1.41
  • Short Ratio: 4.52

Frequently Asked Questions for CalAtlantic Group (NYSE:CAA)

What is CalAtlantic Group's stock symbol?

CalAtlantic Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAA."

How often does CalAtlantic Group pay dividends? What is the dividend yield for CalAtlantic Group?

CalAtlantic Group announced a quarterly dividend on Monday, July 31st. Shareholders of record on Friday, September 15th will be paid a dividend of $0.04 per share on Saturday, September 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Thursday, September 14th. View CalAtlantic Group's Dividend History.

How were CalAtlantic Group's earnings last quarter?

CalAtlantic Group, Inc. (NYSE:CAA) posted its earnings results on Thursday, July, 27th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.03. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.61 billion. CalAtlantic Group had a net margin of 7.26% and a return on equity of 11.40%. CalAtlantic Group's revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 earnings per share. View CalAtlantic Group's Earnings History.

When will CalAtlantic Group make its next earnings announcement?

CalAtlantic Group is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for CalAtlantic Group.

Where is CalAtlantic Group's stock going? Where will CalAtlantic Group's stock price be in 2017?

13 brokers have issued 1 year price targets for CalAtlantic Group's stock. Their predictions range from $32.00 to $45.00. On average, they expect CalAtlantic Group's stock price to reach $40.00 in the next twelve months. View Analyst Ratings for CalAtlantic Group.

What are analysts saying about CalAtlantic Group stock?

Here are some recent quotes from research analysts about CalAtlantic Group stock:

  • 1. According to Zacks Investment Research, "CalAtlantic Group, Inc. operates as a homebuilder. The company offers crafted homes. It also provides mortgage financing services to its homebuyers; and title examination services. Calatlantic Group Inc., formerly known as Standard Pacific Corp., is headquartered in Irvine, California. " (4/28/2017)
  • 2. FBR & Co analysts commented, "On February 9, CalAtlantic announced 4Q16 results which were mixed relative to our and consensus expectations. We are adjusting our estimates for 2017 and 2018 and are raising our price target to $39 (from $38); however, our rating remains Market Perform with a positive bias. In the near term, some margin pressure, due to the mix of community closings/openings, could depress profitability, and, as such, cause some degree of uncertainty. Longer term, CalAtlantic appears to have a portfolio of land that should provide modestly improving gross margin potential, and management appears to have gained some degree of credibility in achieving certain cost savings. In addition, we have a positive bias towards the macro home building sector, noting there is a certain lack of visibility on the pace of rising interest rates and potential impact on demand." (2/14/2017)
  • 3. BTIG Research analysts commented, "We believe the merger between mid-sized peers Ryland and Standard Pacific which created CAA has gone well. Applying RYL's turns-focused approach to SPF's strong land position plus increased local market share could ultimately result in better, sustainable returns, but move-up focus and competitive markets give us pause." (2/7/2017)

Who are some of CalAtlantic Group's key competitors?

Who are CalAtlantic Group's key executives?

CalAtlantic Group's management team includes the folowing people:

  • Scott D. Stowell, Executive Chairman of the Board
  • Lawrence T. Nicholson, President, Chief Executive Officer, Director
  • Jeffrey Joseph McCall, Chief Financial Officer, Executive Vice President
  • Peter G. Skelly, Chief Operating Officer, Executive Vice President
  • Wendy L. Marlett, Chief Marketing Officer, Executive Vice President
  • John Patrick Babel, Executive Vice President, General Counsel, Secretary
  • William L. Jews, Lead Independent Director
  • Bruce A. Choate, Independent Director
  • Douglas C. Jacobs, Independent Director
  • Charlotte St. Martin, Independent Director

Who owns CalAtlantic Group stock?

CalAtlantic Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Matlinpatterson Global Advisers LLC (24.72%), FMR LLC (9.81%), BlackRock Inc. (6.64%), Vanguard Group Inc. (5.53%), Sanders Capital LLC (3.64%) and Hexavest Inc. (2.85%). Company insiders that own CalAtlantic Group stock include David J Matlin, Jeffrey Joseph Mccall, Larry T Nicholson, Peter G Skelly and Wendy L Marlett. View Institutional Ownership Trends for CalAtlantic Group.

Who sold CalAtlantic Group stock? Who is selling CalAtlantic Group stock?

CalAtlantic Group's stock was sold by a variety of institutional investors in the last quarter, including Matlinpatterson Global Advisers LLC, Goldman Sachs Group Inc., Jennison Associates LLC, Neuberger Berman Group LLC, State Street Corp, Hexavest Inc., Alliancebernstein L.P. and Matthew 25 Management Corp. Company insiders that have sold CalAtlantic Group stock in the last year include David J Matlin, Jeffrey Joseph Mccall and Larry T Nicholson. View Insider Buying and Selling for CalAtlantic Group.

Who bought CalAtlantic Group stock? Who is buying CalAtlantic Group stock?

CalAtlantic Group's stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Marshall Wace North America L.P., Greenhaven Associates Inc., FMR LLC, KAMES CAPITAL plc, BlackRock Inc., Prudential Financial Inc. and Vanguard Group Inc.. View Insider Buying and Selling for CalAtlantic Group.

How do I buy CalAtlantic Group stock?

Shares of CalAtlantic Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CalAtlantic Group's stock price today?

One share of CalAtlantic Group stock can currently be purchased for approximately $34.81.

MarketBeat Community Rating for CalAtlantic Group (NYSE CAA)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  368
MarketBeat's community ratings are surveys of what our community members think about CalAtlantic Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CalAtlantic Group (NYSE:CAA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $40.00 (14.91% upside)

Analysts' Ratings History for CalAtlantic Group (NYSE:CAA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017KeyCorpReiterated RatingHoldLowView Rating Details
7/31/2017WedbushReiterated RatingOurperform$41.00MediumView Rating Details
7/21/2017JMP SecuritiesUpgradeMarket Perform -> Outperform$44.00HighView Rating Details
7/11/2017Barclays PLCUpgradeUnderweight -> Equal Weight$35.00LowView Rating Details
6/22/2017Credit Suisse GroupInitiated CoverageUnderperform$32.00LowView Rating Details
6/8/2017Bank of America CorporationDowngradeBuy -> NeutralMediumView Rating Details
6/7/2017Royal Bank Of CanadaBoost Price TargetOutperform$40.00 -> $41.00LowView Rating Details
5/2/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformMediumView Rating Details
2/14/2017FBR & CoBoost Price TargetMarket Perform$38.00 -> $39.00N/AView Rating Details
2/7/2017BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
1/11/2017MKM PartnersReiterated RatingBuyN/AView Rating Details
11/14/2016Evercore ISIInitiated CoverageBuy$43.00N/AView Rating Details
11/3/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
9/28/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
6/20/2016Janney Montgomery ScottUpgradeNeutralN/AView Rating Details
3/12/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
10/19/2015Compass PointUpgradeNeutral -> Buy$48.50N/AView Rating Details
(Data available from 9/22/2015 forward)


Earnings History for CalAtlantic Group (NYSE:CAA)
Earnings by Quarter for CalAtlantic Group (NYSE:CAA)
Earnings History by Quarter for CalAtlantic Group (NYSE CAA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.00N/AView Earnings Details
7/27/2017Q2 2017$0.78$0.75$1.61 billion$1.62 billionViewN/AView Earnings Details
4/27/2017Q1 2017$0.54$0.62$1.26 billion$1.34 billionViewN/AView Earnings Details
2/8/2017Q416$1.09$1.25$1.98 billion$1.95 billionViewListenView Earnings Details
10/26/2016Q316$0.94$0.97$1.68 billion$1.67 billionViewN/AView Earnings Details
7/28/2016Q216$0.30$0.88$126.24 million$1.56 billionViewN/AView Earnings Details
5/5/2016Q116$0.51$0.60$1.23 billion$1.18 billionViewN/AView Earnings Details
2/18/2016Q415$0.77$1.04$1.77 billion$1.67 billionViewListenView Earnings Details
11/4/2015Q315$0.86$0.77$721.06 million$626.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for CalAtlantic Group (NYSE:CAA)
2017 EPS Consensus Estimate: $3.57
2018 EPS Consensus Estimate: $4.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.50$0.79$0.61
Q2 20173$0.75$0.79$0.77
Q3 20173$0.86$1.03$0.96
Q4 20173$1.20$1.27$1.23
Q1 20181$0.69$0.69$0.69
Q2 20181$0.94$0.94$0.94
Q3 20181$1.08$1.08$1.08
Q4 20181$1.37$1.37$1.37
(Data provided by Zacks Investment Research)


Current Dividend Information for CalAtlantic Group (NYSE:CAA)
Next Dividend:9/30/2017
Annual Dividend:$0.16
Dividend Yield:0.46%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.46% (Trailing 12 Months of Earnings)
4.57% (Based on This Year's Estimates)
3.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CalAtlantic Group (NYSE:CAA)

Dividend History by Quarter for CalAtlantic Group (NYSE CAA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CalAtlantic Group (NYSE:CAA)
Insider Ownership Percentage: 39.50%
Insider Trades by Quarter for CalAtlantic Group (NYSE:CAA)
Institutional Ownership by Quarter for CalAtlantic Group (NYSE:CAA)
Insider Trades by Quarter for CalAtlantic Group (NYSE:CAA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2017Larry T NicholsonCEOSell100$36.00$3,600.00View SEC Filing  
7/3/2017Larry T NicholsonCEOSell9,004$35.61$320,632.44View SEC Filing  
6/14/2017David J MatlinDirectorSell14,510,008$33.22$482,022,465.76View SEC Filing  
6/1/2017Larry T NicholsonCEOSell9,000$35.94$323,460.00View SEC Filing  
3/14/2017Jeffrey Joseph MccallCFOSell15,758$36.35$572,803.30View SEC Filing  
9/15/2016Wendy L MarlettCMOSell18,000$34.51$621,180.00View SEC Filing  
2/25/2016Larry T NicholsonCEOSell78,342$29.00$2,271,918.00View SEC Filing  
12/1/2015Larry T NicholsonCEOSell11,208$42.20$472,977.60View SEC Filing  
11/25/2015Larry T. NicholsonCEOSell50,000$42.39$2,119,500.00View SEC Filing  
11/23/2015Peter G. SkellyCOOSell13,587$41.33$561,550.71View SEC Filing  
11/19/2015Larry T. NicholsonCEOSell50,000$40.79$2,039,500.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for CalAtlantic Group (NYSE:CAA)
Latest Headlines for CalAtlantic Group (NYSE:CAA)
DateHeadline logoCalAtlantic Group, Inc. – Value Analysis (NYSE:CAA) : September 21, 2017 - September 22 at 10:33 AM logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bullish Manner : CAA-US : September 20, 2017 - September 20 at 5:38 PM logoCAA Crosses Above Key Moving Average Level - September 19 at 4:52 PM logoHomebuilders, Materials Stocks Can Keep Rallying On Strong Demand - September 14 at 5:34 PM logo$1.62 Billion in Sales Expected for CalAtlantic Group, Inc. (CAA) This Quarter - September 12 at 11:38 AM logoCalAtlantic Group Inc (CAA) Given Average Recommendation of "Hold" by Analysts - September 9 at 5:12 PM logoCalAtlantic Group, Inc. (CAA) Stock Rating Lowered by ValuEngine - September 3 at 7:44 PM logoTRI Pointe Group (TPH) and CalAtlantic Group (CAA) Head to Head Comparison - August 31 at 12:23 AM logoCalAtlantic opening 60-home community in northwest metro this fall - August 29 at 10:15 PM logoCalAtlantic Group, Inc. (CAA) Earns Hold Rating from KeyCorp - August 27 at 11:16 AM logoCalAtlantic Group, Inc. (CAA) Expected to Post Quarterly Sales of $1.62 Billion - August 24 at 4:32 AM logoFinancial Contrast: CalAtlantic Group (CAA) versus M/I Homes (MHO) - August 24 at 2:08 AM logo$0.84 EPS Expected for CalAtlantic Group, Inc. (CAA) This Quarter - August 22 at 4:14 PM logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bullish Manner : CAA-US : August 17, 2017 - August 17 at 6:14 PM logoScott Black Buys Zimmer Biomet Holdings Inc, Apple Inc, Sinclair Broadcast Group Inc, Sells ... - August 16 at 5:25 PM logoCalAtlantic Group, Inc. (CAA) Given Consensus Recommendation of "Hold" by Brokerages - August 15 at 8:50 PM logoETFs with exposure to CalAtlantic Group, Inc. : August 15, 2017 - August 15 at 5:40 PM logoCalAtlantic Homes Debuts Price-Friendly, Master-Planned Living At Amelia At ... - August 13 at 2:31 AM logoSee what the IHS Markit Score report has to say about CalAtlantic Group Inc. - August 10 at 6:03 PM logoContrasting Lennar Corporation (LEN.B) and CalAtlantic Group (CAA) - August 8 at 7:46 AM logoZacks: Analysts Anticipate CalAtlantic Group, Inc. (NYSE:CAA) Will Post Quarterly Sales of $1.66 Billion - August 6 at 7:54 AM logoEarnings Review and Free Research Report: PulteGroup’s Adjusted Diluted EPS Surged 27% - August 4 at 5:10 PM logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bearish Manner : CAA-US : August 1, 2017 - August 1 at 5:39 PM logoCalAtlantic Group, Inc. :CAA-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017 - August 1 at 5:39 PM logoWedbush Research Analysts Decrease Earnings Estimates for CalAtlantic Group, Inc. (NYSE:CAA) - August 1 at 8:02 AM logoCalAtlantic Group, Inc. (NYSE:CAA) Declares $0.04 Quarterly Dividend - July 31 at 5:46 PM logoCalAtlantic's Q2 Earnings Declined, but Other Signs Point to Better Times Ahead - July 31 at 4:52 PM logoWedbush Reiterates "Ourperform" Rating for CalAtlantic Group, Inc. (CAA) - July 31 at 12:21 PM logoCalAtlantic Group, Inc. (CAA) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS - July 28 at 11:10 PM logoCalAtlantic Group, Inc. Reports 2017 Second Quarter Results - July 27 at 9:18 PM logoCalAtlantic misses 2Q profit forecasts - July 27 at 9:18 PM logoConstruction Stocks Earnings Due on Jul 27: MAS, EXP & More - July 26 at 5:26 PM logoCalAtlantic Group, Inc. Schedules 2017 Second Quarter Results Conference Call ... - July 25 at 4:49 PM logoWe're getting some worry about affordability: MKM Partner... - July 25 at 4:49 PM logoETFs with exposure to CalAtlantic Group, Inc. : July 24, 2017 - July 24 at 4:25 PM logoCalAtlantic Group Inc (NYSE:CAA) Receives Consensus Rating of "Hold" from Brokerages - July 21 at 8:48 PM logoJMP Securities Upgrades CalAtlantic Group, Inc. (NYSE:CAA) to Outperform - July 21 at 7:50 AM logoUnited Rentals (URI) Q2 Earnings & Revenues Beat, View Up - July 20 at 6:34 PM logo Brokerages Expect CalAtlantic Group, Inc. (CAA) Will Announce Quarterly Sales of $1.62 Billion - July 15 at 9:42 AM logoETFs with exposure to CalAtlantic Group, Inc. : July 14, 2017 - July 14 at 6:50 PM logoBuilding Confidence in Q2 Earnings: 4 Housing Stocks - July 14 at 6:50 PM logo Analysts Anticipate CalAtlantic Group, Inc. (NYSE:CAA) Will Post Earnings of $0.78 Per Share - July 13 at 8:13 AM logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bullish Manner : CAA-US : July 10, 2017 - July 10 at 4:53 PM logoCalAtlantic Homes Debuts Stonehaven, Offering Premier Schools And Gated-Community Amenities In Fontana, CA - July 8 at 4:34 PM logoLarry T. Nicholson Sells 9,004 Shares of CalAtlantic Group, Inc. (CAA) Stock - July 3 at 7:28 PM logoCalAtlantic Group, Inc. (CAA) Rating Increased to Hold at BidaskClub - July 1 at 6:57 PM logoWill CalAtlantic (CAA) Prove to be a Suitable Value Pick? - June 30 at 5:00 PM logoCalAtlantic Group, Inc. Schedules 2017 Second Quarter Results Conference Call And Webcast - June 28 at 4:53 PM logoCalAtlantic Group, Inc. (CAA) Given Consensus Recommendation of "Hold" by Analysts - June 26 at 8:12 PM logoCalAtlantic Group, Inc. (CAA) Receives New Coverage from Analysts at Credit Suisse Group - June 22 at 9:16 PM



CalAtlantic Group (CAA) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by Staff