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: Capitalization:
  • Market Cap: $4.23 billion
  • Outstanding Shares: 114,623,000
Average Prices:
  • 50 Day Moving Avg: $36.91
  • 200 Day Moving Avg: $35.32
  • 52 Week Range: $30.18 - $40.94
P/E:
  • Trailing P/E Ratio: 9.94
  • Foreward P/E Ratio: 9.11
  • P/E Growth: 1.21
Sales & Book Value:
  • Annual Revenue: $6.63 billion
  • Price / Sales: 0.64
  • Book Value: $37.42 per share
  • Price / Book: 0.99
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.4%
Profitability:
  • EBIDTA: $824.22 million
  • 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%
Misc:
  • Average Volume: 884,114 shs.
  • Beta: 1.43
  • Short Ratio: 14.3
 

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 declared a quarterly dividend on Monday, May 1st. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.04 per share on Friday, June 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Tuesday, June 13th. View CalAtlantic Group's Dividend History.

How were CalAtlantic Group's earnings last quarter?

CalAtlantic Group Inc (NYSE:CAA) released its quarterly earnings data on Thursday, April, 27th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.08. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.26 billion. CalAtlantic Group had a return on equity of 12.06% and a net margin of 7.55%. The business's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 EPS. 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 Wednesday, July, 26th 2017. View Earnings Estimates for CalAtlantic Group.

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

15 brokerages have issued 1-year price objectives for CalAtlantic Group's stock. Their predictions range from $35.00 to $45.00. On average, they anticipate CalAtlantic Group's share price to reach $41.13 in the next year. 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 owns CalAtlantic Group stock?

CalAtlantic Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Matlinpatterson Global Advisers LLC (37.42%), FMR LLC (0.00%), BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Sanders Capital LLC (3.50%) and Hexavest Inc. (2.95%). Company insiders that own CalAtlantic Group stock include 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 Goldman Sachs Group Inc., State Street Corp, UBS Group AG, TIAA CREF Investment Management LLC, Credit Suisse AG, Fisher Asset Management LLC, State of Wisconsin Investment Board and Russell Investments Group Ltd.. Company insiders that have sold CalAtlantic Group stock in the last year include Jeffrey Joseph Mccall and Wendy L Marlett. View Insider Buying and Selling for CalAtlantic Group.

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

CalAtlantic Group's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Vanguard Group Inc., Horseman Capital Management Ltd, Greenhaven Associates Inc., Sanders Capital LLC, LSV Asset Management and Morgan Stanley. 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.

How much does a share of CalAtlantic Group stock cost?

One share of CalAtlantic Group stock can currently be purchased for approximately $36.89.

Analyst Ratings

Consensus Ratings for CalAtlantic Group (NYSE:CAA) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.47)
Consensus Price Target: $41.13 (11.48% upside)

Analysts' Ratings History for CalAtlantic Group (NYSE:CAA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017ValuEngineDowngradeStrong-Buy -> BuyLowView Rating Details
5/2/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformMediumView Rating Details
5/1/2017Royal Bank of CanadaBoost Price TargetOutperform -> Outperform$38.00 -> $41.00MediumView Rating Details
3/7/2017Barclays PLCReiterated RatingUnderweight$34.00 -> $35.00N/AView 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
11/3/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
9/28/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
9/19/2016WedbushInitiated CoverageOutperform$44.00N/AView Rating Details
8/12/2016Bank of America CorpUpgradeUnderperform -> Buy$42.00N/AView Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingBuyN/AView Rating Details
6/29/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
6/20/2016Janney Montgomery ScottUpgradeNeutralN/AView Rating Details
3/12/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
10/21/2015KeyCorpInitiated CoverageSector WeightN/AView Rating Details
10/19/2015Compass PointUpgradeNeutral -> Buy$48.50N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

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
7/26/2017        
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)

Estimates

Earnings Estimates for CalAtlantic Group (NYSE:CAA)
2017 EPS Consensus Estimate: $3.60
2018 EPS Consensus Estimate: $3.91
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.50$0.79$0.61
Q2 20173$0.75$0.78$0.76
Q3 20173$0.98$1.03$1.00
Q4 20173$1.20$1.25$1.22
Q1 20181$0.63$0.63$0.63
Q2 20181$0.91$0.91$0.91
Q3 20181$1.05$1.05$1.05
Q4 20181$1.32$1.32$1.32
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CalAtlantic Group (NYSE:CAA)
Next Dividend:6/30/2017
Annual Dividend:$0.16
Dividend Yield:0.43%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.48% (Trailing 12 Months of Earnings)
4.42% (Based on This Year's Estimates)
3.95% (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
5/1/2017quarterly$0.040.45%6/13/20176/15/20176/30/2017
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 and Institutional Ownership History for CalAtlantic Group (NYSE:CAA)
Insider Ownership Percentage: 37.80%
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
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)

Headlines

Headline Trends for CalAtlantic Group (NYSE:CAA)
Latest Headlines for CalAtlantic Group (NYSE:CAA)
Source:
DateHeadline
americanbankingnews.com logoValuEngine Lowers CalAtlantic Group Inc (CAA) to Buy
www.americanbankingnews.com - May 23 at 5:34 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Upgraded at ValuEngine
www.americanbankingnews.com - May 13 at 3:22 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) PT Raised to $120.00
www.americanbankingnews.com - May 12 at 5:20 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 5 at 12:54 PM
finance.yahoo.com logoCalAtlantic Homes Enters Utah Market
finance.yahoo.com - May 4 at 4:14 PM
americanbankingnews.com logoKeyCorp Brokers Lower Earnings Estimates for CalAtlantic Group Inc (CAA)
www.americanbankingnews.com - May 4 at 9:18 AM
finance.yahoo.com logoCalAtlantic Homes Introduces Eight New Home Designs At Amber Meadows In The Village Of Hoffman Estates, IL
finance.yahoo.com - May 3 at 9:39 PM
finance.yahoo.com logoCalAtlantic Homes Announces Grand Opening Of Windsor Ridge In Joliet, IL
finance.yahoo.com - May 3 at 9:39 PM
americanbankingnews.com logoFY2017 EPS Estimates for CalAtlantic Group Inc (CAA) Lowered by Analyst
www.americanbankingnews.com - May 3 at 1:45 PM
americanbankingnews.com logoWedbush Weighs in on CalAtlantic Group Inc's Q3 2017 Earnings (CAA)
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoFBR & Co Comments on CalAtlantic Group Inc's Q2 2017 Earnings (CAA)
www.americanbankingnews.com - May 3 at 8:48 AM
americanbankingnews.com logoCalAtlantic Group (CAA) Earns News Impact Rating of 0.46
www.americanbankingnews.com - May 2 at 12:23 PM
americanbankingnews.com logoWedbush Brokers Cut Earnings Estimates for CalAtlantic Group Inc (CAA)
www.americanbankingnews.com - May 2 at 9:10 AM
americanbankingnews.com logoCalAtlantic Group Inc Announces Quarterly Dividend of $0.04 (CAA)
www.americanbankingnews.com - May 1 at 8:38 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Expected to Announce Earnings of $0.86 Per Share
www.americanbankingnews.com - May 1 at 11:02 AM
finance.yahoo.com logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bearish Manner : CAA-US : May 1, 2017
finance.yahoo.com - May 1 at 8:57 AM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 29 at 1:03 AM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS
www.americanbankingnews.com - April 28 at 10:46 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Posts Earnings Results, Beats Expectations By $0.08 EPS
www.americanbankingnews.com - April 28 at 10:20 PM
prnewswire.com logoCalAtlantic Purchases 739 Homesites Across 9 Twin Cities Communities
www.prnewswire.com - April 28 at 10:05 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Releases Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - April 28 at 9:46 PM
americanbankingnews.com logoCalAtlantic Group (CAA) Getting Very Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 8:10 AM
finance.yahoo.com logoConstruction Stock Q1 Earnings on Apr 27: CAA, USG & More
finance.yahoo.com - April 26 at 2:32 PM
americanbankingnews.com logoCalAtlantic Group (CAA) Getting Very Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 25 at 9:39 AM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 21 at 8:28 PM
finance.yahoo.com logoCalAtlantic Homes Announces Grand Opening Of Remington Pointe North
finance.yahoo.com - April 21 at 4:12 PM
finance.yahoo.com logoCalAtlantic Homes Unveils Large Homesites, Stunning Views At New Legacy Trails Community In Dripping Springs, TX
finance.yahoo.com - April 21 at 4:12 PM
finance.yahoo.com logoCalAtlantic Homes Introduces Townhome Living At Waters Edge At Central Park In Maple Grove, Minn
finance.yahoo.com - April 21 at 4:12 PM
finance.yahoo.com logoPreveCeutical Signs Research and Development Agreement with UniQuest Pty Limited for Development of Caribbean Blue Scorpion Venom-Derived Natural & Synthetic Peptides
finance.yahoo.com - April 20 at 10:54 AM
americanbankingnews.com logoCalAtlantic Group (CAA) Given Daily Media Impact Score of 0.56
www.americanbankingnews.com - April 16 at 7:56 AM
americanbankingnews.com logoZacks Investment Research Upgrades CalAtlantic Group Inc (CAA) to Hold
www.americanbankingnews.com - April 14 at 11:54 PM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 10 at 1:18 PM
americanbankingnews.com logo$1.28 Billion in Sales Expected for CalAtlantic Group Inc (CAA) This Quarter
www.americanbankingnews.com - April 9 at 7:34 AM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Expected to Post Earnings of $0.55 Per Share
www.americanbankingnews.com - April 7 at 10:24 PM
finance.yahoo.com logoCalAtlantic Group, Inc. : CAA-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 6, 2017
finance.yahoo.com - April 7 at 8:48 AM
americanbankingnews.com logoCalAtlantic Group Inc (CAA) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - April 2 at 10:55 PM
finance.yahoo.com logoCalAtlantic Homes Introduces Summit Bridge Estates
finance.yahoo.com - April 1 at 9:24 AM
us.rd.yahoo.com logo3:32 am CalAtlantic Group upsizes offering by $25 mln and prices $225 mln of Senior Notes consisting of $125 mln of 5.875% senior notes due 2024 and $100 mln of 5.25% senior notes due 2026
us.rd.yahoo.com - March 31 at 4:14 PM
seekingalpha.com logoCalAtlantic Group announces proposed offering of $200M of senior notes
seekingalpha.com - March 30 at 9:33 PM
finance.yahoo.com logoCalAtlantic Group, Inc. Announces Proposed Offering of $200 Million of Senior Notes - Yahoo Finance
finance.yahoo.com - March 30 at 4:30 PM
finance.yahoo.com logo7:55 am CalAtlantic Group announces proposed public offering of $200 mln aggregate principal amount of senior notes
finance.yahoo.com - March 30 at 4:30 PM
finance.yahoo.com logoCalAtlantic Homes Announces Grand Opening Of Heights at Ridgecrest
finance.yahoo.com - March 23 at 4:30 PM
prnewswire.com logoCalAtlantic Homes Debuts Family-Friendly Living At New Sunrise At ... - PR Newswire (press release)
www.prnewswire.com - March 11 at 9:04 PM
finance.yahoo.com logoCalAtlantic Homes Introduces Whispering Pines Patio Villas Mixing Convenience With Black Forest Beauty In Aurora, CO
finance.yahoo.com - March 11 at 4:04 PM
nasdaq.com logoCalAtlantic Group, Inc. (CAA) Ex-Dividend Date Scheduled for March 13, 2017 - Nasdaq
www.nasdaq.com - March 10 at 5:05 PM
prnewswire.com logoCalAtlantic Homes Introduces Retreat At Ashbury Park In Auburn, GA - PR Newswire (press release)
www.prnewswire.com - March 1 at 9:07 PM
investorplace.com logoTrade of the Day: CalAtlantic Group Inc (CAA) Stock Ready to Raise the Roof - Investorplace.com
investorplace.com - March 1 at 9:07 PM
biz.yahoo.com logoCALATLANTIC GROUP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 9:42 AM
prnewswire.com logoCalAtlantic Homes Debuts Outdoor-Inspired, Master-Planned Living At New Bexley Community In Land O' Lakes, FL - PR Newswire (press release)
www.prnewswire.com - February 19 at 11:30 AM
us.rd.yahoo.com logoIIROC Trading Halt - CAA
us.rd.yahoo.com - February 17 at 6:01 PM

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Chart

CalAtlantic Group (CAA) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff