CalAtlantic Group Company Profile (NYSE:CAA)

About CalAtlantic Group

CalAtlantic Group logoCalAtlantic Group, Inc., formerly Standard Pacific Corp., is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The Company's homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes. The Company's 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. It builds 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 approximately 20 states and the District of Columbia. The Company is also engaged in providing title and escrow services.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CAA
  • CUSIP:
Key Metrics:
  • Previous Close: $34.43
  • 50 Day Moving Average: $34.33
  • 200 Day Moving Average: $34.06
  • 52-Week Range: $115,307,000.00 - $29.97
  • Trailing P/E Ratio: 9.62
  • Foreward P/E Ratio: 8.25
  • P/E Growth: 0.72
  • Market Cap: $3.99B
  • Outstanding Shares: 115,307,000
  • Beta: 1.43
Profitability:
  • Net Margins: 7.55%
  • Return on Equity: 12.06%
  • Return on Assets: 5.72%
Debt:
  • Debt-to-Equity Ratio: 0.81%
  • Current Ratio: 6.36%
  • Quick Ratio: 0.49%
Additional Links:
Companies Related to CalAtlantic Group:

Analyst Ratings

Consensus Ratings for CalAtlantic Group (NYSE:CAA) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.56)
Consensus Price Target: $41.20 (18.97% upside)

Analysts' Ratings History for CalAtlantic Group (NYSE:CAA)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017FBR & CoBoost Price TargetMarket Perform$38.00 -> $39.00View Rating Details
2/10/2017RBC Capital MarketsReiterated RatingBuyView Rating Details
2/7/2017BTIG ResearchInitiated CoverageNeutralView Rating Details
1/11/2017MKM PartnersReiterated RatingBuyView Rating Details
1/5/2017Barclays PLCInitiated CoverageUnderweight$34.00View Rating Details
11/14/2016Evercore ISIInitiated CoverageBuy$43.00View Rating Details
11/3/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
9/28/2016Wells Fargo & CoInitiated CoverageMarket PerformView Rating Details
9/19/2016WedbushInitiated CoverageOutperform$44.00View Rating Details
8/12/2016Bank of America CorpUpgradeUnderperform -> Buy$42.00View Rating Details
8/1/2016Royal Bank of CanadaLower Price TargetOutperform$48.00 -> $43.00View Rating Details
7/12/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
6/29/2016JMP SecuritiesReiterated RatingHoldView Rating Details
6/20/2016Janney Montgomery ScottUpgradeNeutralView Rating Details
5/13/2016Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$39.00View Rating Details
3/12/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
10/21/2015KeyCorpInitiated CoverageSector WeightView Rating Details
10/19/2015Compass PointUpgradeNeutral -> Buy$48.50View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for CalAtlantic Group (NYSE:CAA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
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$0.59$721.06 million$626.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CalAtlantic Group (NYSE:CAA)
Current Year EPS Consensus Estimate: $3.74 EPS
Next Year EPS Consensus Estimate: $4.20 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.48$0.56$0.52
Q2 20162$0.72$0.80$0.76
Q3 20163$0.89$1.06$0.96
Q4 20163$1.03$1.11$1.08
Q1 20173$0.50$0.79$0.61
Q2 20173$0.84$0.90$0.87
Q3 20173$0.94$1.02$0.97
Q4 20173$1.16$1.26$1.23
Q1 20181$0.60$0.60$0.60
Q2 20181$0.90$0.90$0.90
Q3 20181$1.06$1.06$1.06
Q4 20181$1.36$1.36$1.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CalAtlantic Group (NYSE:CAA)
Annual Dividend:$0.16
Dividend Yield:0.46%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.48% (Based on Trailing 12 Months of Earnings)
4.28% (Based on Current Year Consensus EPS Estimate)
3.81% (Based on Next Year Consensus EPS Estimate)

Dividend History for CalAtlantic Group (NYSE:CAA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/13/2017quarterly$0.040.47%3/13/20173/15/20173/30/2017
10/28/2016quarterly$0.040.5%12/13/201612/15/201612/30/2016
8/1/2016quarterly$0.040.44%9/13/20169/15/20169/30/2016
5/4/2016quarterly$0.040.5%6/13/20166/15/20166/30/2016
2/12/2016quarterly$0.040.55%3/11/20163/15/20163/30/2016
11/3/2015special$0.0412/11/201512/15/201512/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CalAtlantic Group (NYSE:CAA)
Insider Ownership Percentage: 37.80%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for CalAtlantic Group (NYSE:CAA)
DateHeadline
News IconStock Tracker: Trend Analysis on Calatlantic Group Inc. (CAA) - BVN (NYSE:CAA)
bvnewsjournal.com - February 24 at 4:15 PM
News IconSell-side Review & Stock Update on CalAtlantic Group Inc (NYSE:CAA) - Rockville Register (NYSE:CAA)
rockvilleregister.com - February 23 at 9:06 PM
News IconKeeping Tabs on Shares of CalAtlantic Group, Inc. (NYSE:CAA) - Rives Journal (NYSE:CAA)
rivesjournal.com - February 23 at 9:06 PM
News IconCan Continued Growth Fuel CalAtlantic Group, Inc. (NYSE:CAA) To Reach New Levels? - Winfield Review (NYSE:CAA)
winfieldreview.com - February 23 at 4:05 PM
News IconShare Focus: Watching Levels for Calatlantic Group Inc. (CAA) - Baldwin Journal (NYSE:CAA)
baldwinjournal.com - February 23 at 4:05 PM
News IconTracking the Metrics on Shares of CalAtlantic Group, Inc. (NYSE:CAA) - The Standard (NYSE:CAA)
6milestandard.com - February 23 at 2:15 AM
capitalcube.com logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bullish Manner : CAA-US : February 22, 2017 (NYSE:CAA)
www.capitalcube.com - February 22 at 8:38 AM
News IconSell-side Taking Aim at Shares of CalAtlantic Group Inc (NYSE:CAA) - Aiken Advocate (NYSE:CAA)
aikenadvocate.com - February 21 at 6:12 PM
prnewswire.com logoCalAtlantic Homes Debuts Outdoor-Inspired, Master-Planned Living At New Bexley Community In Land O' Lakes, FL - PR Newswire (press release) (NYSE:CAA)
www.prnewswire.com - February 19 at 11:30 AM
us.rd.yahoo.com logoIIROC Trading Halt - CAA (NYSE:CAA)
us.rd.yahoo.com - February 17 at 6:01 PM
us.rd.yahoo.com logoIIROC Trade Resumption - CAA (NYSE:CAA)
us.rd.yahoo.com - February 17 at 6:01 PM
finance.yahoo.com logoCalAtlantic Homes Debuts Outdoor-Inspired, Master-Planned Living At New Bexley Community In Land O' Lakes, FL (NYSE:CAA)
finance.yahoo.com - February 17 at 6:01 PM
News IconThe Wedbush Weighs in on CalAtlantic Group, Inc.'s FY2018 Earnings (CAA) (NYSE:CAA)
xboxonezone.com - February 16 at 4:12 PM
News IconEquity Perception: Analyst's Indicator Review for USG Corporation (USG), CalAtlantic Group, Inc. (CAA) - The USA Commerce (NYSE:CAA)
www.theusacommerce.com - February 14 at 4:47 PM
News IconMomentum Watch on Shares of CalAtlantic Group, Inc. (NYSE:CAA) - Baldwin Journal (NYSE:CAA)
baldwinjournal.com - February 14 at 4:47 PM
News IconBuy or Sell? What Analysts Recommends: CalAtlantic Group, Inc. (CAA), Platform Specialty Products Corporation (PAH) - StockNewsJournal (NYSE:CAA)
stocknewsjournal.com - February 14 at 4:47 PM
streetinsider.com logoCalAtlantic Group (CAA) PT Raised to $39 at FBR Capital Following Mixed 4Q Results - StreetInsider.com (NYSE:CAA)
www.streetinsider.com - February 14 at 4:47 PM
capitalcube.com logoETFs with exposure to CalAtlantic Group, Inc. : February 14, 2017 (NYSE:CAA)
www.capitalcube.com - February 14 at 4:47 PM
capitalcube.com logoCalAtlantic Group, Inc. :CAA-US: Earnings Analysis: 2016 By the Numbers : February 13, 2017 (NYSE:CAA)
www.capitalcube.com - February 13 at 4:42 PM
finance.yahoo.com logoCalAtlantic Group, Inc. Announces Annual Stockholder Meeting Date (NYSE:CAA)
finance.yahoo.com - February 13 at 4:42 PM
marketexclusive.com logoAnalyst Activity – RBC Capital Markets Reiterates Buy on CalAtlantic Group (NYSE:CAA) (NYSE:CAA)
marketexclusive.com - February 12 at 4:05 PM
News IconForward Earnings Estimate of CalAtlantic Group, Inc.(CAA) (NYSE:CAA)
prensariotiretail.com - February 11 at 4:09 PM
News IconThe CalAtlantic Group, Inc. (CAA) Set to Announce Quarterly Earnings on Wednesday (NYSE:CAA)
xboxonezone.com - February 11 at 4:09 PM
prnewswire.com logoCalAtlantic Homes Opens Villas At Stacy Estate Homes In Top-Rated McKinney, TX - PR Newswire (press release) (NYSE:CAA)
www.prnewswire.com - February 10 at 8:45 PM
finance.yahoo.com logoCalAtlantic Homes Unveils BridgeHaven Townhome Community In Tampa's Citrus Park (NYSE:CAA)
finance.yahoo.com - February 10 at 8:45 PM
finance.yahoo.com logoCalAtlantic Homes Opens Villas At Stacy Estate Homes In Top-Rated McKinney, TX (NYSE:CAA)
finance.yahoo.com - February 10 at 8:45 PM
News IconStock Momentum Update on CalAtlantic Group, Inc. (NYSE:CAA) - Rives Journal (NYSE:CAA)
rivesjournal.com - February 10 at 3:43 PM
News IconWhat Analysts are Predicting For Stillwater Mining Company (SWC ... - The USA Commerce (NYSE:CAA)
www.theusacommerce.com - February 10 at 3:43 PM
News IconChecking Out the Technicals for CalAtlantic Group, Inc. (CAA) - The USA Commerce (NYSE:CAA)
theusacommerce.com - February 10 at 3:43 PM
News IconCalatlantic Homes Urges You To Save The Date For Upcoming Grand Opening At Sunrise At Morningstar Ranch In French Valley (NYSE:CAA)
www.pe.com - February 10 at 2:23 AM
us.rd.yahoo.com logoEdited Transcript of CAA earnings conference call or presentation 9-Feb-17 4:00pm GMT (NYSE:CAA)
us.rd.yahoo.com - February 10 at 2:23 AM
sg.finance.yahoo.com logoCalAtlantic tops 4Q profit forecasts (NYSE:CAA)
us.rd.yahoo.com - February 9 at 4:21 PM
News IconCalAtlantic Earnings Beat Estimates (NYSE:CAA)
www.builderonline.com - February 8 at 9:25 PM
finance.yahoo.com logoConstruction Stock Earnings on Feb 8: JEC, OC, CAA, RYN (NYSE:CAA)
finance.yahoo.com - February 7 at 5:08 PM
finance.yahoo.com logoCalAtlantic Homes Opens Stunning Community In Atlanta's Tech Corridor (NYSE:CAA)
finance.yahoo.com - February 3 at 4:16 PM
capitalcube.com logoCalAtlantic Group, Inc. : CAA-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:CAA)
www.capitalcube.com - February 1 at 4:23 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About CalAtlantic Group Inc (NYSE:CAA)? - Wall Street Beacon (NYSE:CAA)
wsbeacon.com - January 31 at 2:09 AM
nasdaq.com logoCalAtlantic Group Breaks Below 200-Day Moving Average - Notable for CAA (NYSE:CAA)
www.nasdaq.com - January 30 at 4:07 PM
istreetwire.com logoEquities Trend Analysis: CalAtlantic Group, Inc. (CAA), New Residential Investment Corp. (NRZ), Extended Stay ... - iStreetWire (NYSE:CAA)
istreetwire.com - January 28 at 3:19 AM
seekingalpha.com logoHomebuilders Set To Rise Amid Favorable Economic Conditions (NYSE:CAA)
seekingalpha.com - January 27 at 10:16 PM
finance.yahoo.com logoCalAtlantic Homes Debuts Ashford Place In Westfield, IN (NYSE:CAA)
finance.yahoo.com - January 26 at 4:53 PM
finance.yahoo.com logoCalAtlantic Homes Introduces New Models And New Clubhouse At Bent Creek Preserve (NYSE:CAA)
finance.yahoo.com - January 26 at 4:53 PM
News IconEarnings in Full Force, Analysts Take Aim at CalAtlantic Group Inc (NYSE:CAA) - Wall Street Beacon (NYSE:CAA)
wsbeacon.com - January 25 at 2:44 AM
nasdaq.com logoSeptember 15th Options Now Available For CalAtlantic Group (CAA) (NYSE:CAA)
www.nasdaq.com - January 23 at 4:24 PM
News IconADX in View on Shares of Calatlantic Group Inc. (CAA) - Rives Journal (NYSE:CAA)
rivesjournal.com - January 22 at 4:06 PM
News IconWhat do the Charts Say About Shares of Calatlantic Group Inc. (CAA) - Sherwood Daily (NYSE:CAA)
sherwooddaily.com - January 21 at 4:05 PM
finance.yahoo.com logoCalAtlantic Introduces New Cottage And Village Plans At Blue Horizons In Buckeye (NYSE:CAA)
finance.yahoo.com - January 20 at 5:14 PM
capitalcube.com logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bearish Manner : CAA-US : January 19, 2017 (NYSE:CAA)
www.capitalcube.com - January 19 at 5:13 PM
finance.yahoo.com logoCalAtlantic Homes Opens Gated Estate Homes In El Dorado Hills, CA (NYSE:CAA)
finance.yahoo.com - January 19 at 5:13 PM
News IconWill The Needle Move For CalAtlantic Group Inc (NYSE:CAA) Shares This Earnings Season? - Wall Street Beacon (NYSE:CAA)
wsbeacon.com - January 18 at 3:34 PM

Social

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, February 13th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.04 per share on Thursday, March 30th. This represents a $0.16 annualized dividend and a yield of 0.46%. The ex-dividend date is Monday, March 13th.

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

16 analysts have issued 1-year target prices for CalAtlantic Group's stock. Their predictions range from $34.00 to $45.00. On average, they anticipate CalAtlantic Group's stock price to reach $41.20 in the next year.

When will CalAtlantic Group announce their earnings?

CalAtlantic Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What are analysts saying about CalAtlantic Group stock?

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

  • 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. " (2/23/2017)

  • 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)
  • 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 owns CalAtlantic Group stock?

CalAtlantic Group's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (7.51%), Dimensional Fund Advisors LP (2.82%), State Street Corp (2.52%), Russell Investments Group Ltd. (0.71%), Guggenheim Capital LLC (0.25%) and Gabelli Funds LLC (0.22%). Company insiders that own CalAtlantic Group stock include Larry T Nicholson, Peter G Skelly and Wendy L Marlett.

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 State Street Corp, Century Capital Management LLC, Ellington Management Group LLC, Gabelli Funds LLC, Basswood Capital Management L.L.C., Credit Agricole S A, Metropolitan Life Insurance Co. NY and AQR Capital Management LLC.

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

CalAtlantic Group's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Guggenheim Capital LLC, Tudor Investment Corp Et Al, Barings LLC, Federated Investors Inc. PA, Bayesian Capital Management LP and GSA Capital Partners LLP.

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.

How much does a share of CalAtlantic Group stock cost?

One share of CalAtlantic Group stock can currently be purchased for approximately $34.63.

CalAtlantic Group (NYSE:CAA) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CalAtlantic Group (NYSE:CAA)

Earnings History Chart

Earnings by Quarter for CalAtlantic Group (NYSE:CAA)

Dividend History Chart

Dividend Payments by Quarter for CalAtlantic Group (NYSE:CAA)

Last Updated on 2/26/2017 by MarketBeat.com Staff