CalAtlantic Group Company Profile (NYSE:CAA)

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

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.

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.

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

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.

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)

Some companies that are related to CalAtlantic Group include Lennox International (LII), Jacobs Engineering Group (JEC), RPM International (RPM), Acuity Brands (AYI), Toll Brothers (TOL), ServiceMaster Global Holdings (SERV), James Hardie Industries PLC. (JHX), Thor Industries (THO), Fluor Corporation (FLR), Quanta Services (PWR), Watsco (WSO), Watsco (WSO.B), AECOM (ACM), Eagle Materials (EXP), USG Corporation (USG), EMCOR Group (EME), Louisiana-Pacific Corporation (LPX) and MasTec (MTZ).

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

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.

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.

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.

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.

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