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: $4.32158 billion
  • Outstanding Shares: 114,623,000
Average Prices:
  • 50 Day Moving Avg: $35.69
  • 200 Day Moving Avg: $35.90
  • 52 Week Range: $30.18 - $40.94
  • Trailing P/E Ratio: 10.19
  • Foreward P/E Ratio: 9.29
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $6.63 billion
  • Price / Sales: 0.65
  • Book Value: $37.42 per share
  • Price / Book: 1.01
  • Annual Dividend: $0.16
  • Dividend Yield: 0.4%
  • EBIDTA: $824.22 million
  • Net Margins: 7.52%
  • Return on Equity: 12.04%
  • Return on Assets: 5.79%
  • Debt-to-Equity Ratio: 0.79%
  • Current Ratio: 6.98%
  • Quick Ratio: 0.41%
  • Average Volume: 1.32 million shs.
  • Beta: 1.45
  • 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 declared a quarterly dividend on Monday, May 1st. Investors of record on Thursday, June 15th will be given a dividend of $0.04 per share on Friday, June 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend is Tuesday, June 13th. View CalAtlantic Group's Dividend History.

How were CalAtlantic Group's earnings last quarter?

CalAtlantic Group, Inc. (NYSE:CAA) announced its quarterly earnings data on Thursday, April, 27th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.08. The firm earned $1.34 billion during the quarter, compared to analysts' expectations of $1.26 billion. CalAtlantic Group had a net margin of 7.52% and a return on equity of 12.04%. The business's quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business posted $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 Thursday, July, 27th 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 target prices for CalAtlantic Group's shares. Their forecasts range from $32.00 to $45.00. On average, they anticipate CalAtlantic Group's share price to reach $40.22 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 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 a variety of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (2.85%), Fisher Asset Management LLC (1.93%), GW&K Investment Management LLC (0.93%), Sadoff Investment Management LLC (0.53%), KAMES CAPITAL plc (0.27%) and Pacific Heights Asset Management LLC (0.09%). 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 Hexavest Inc., Oxbow Advisors LLC, Capstone Asset Management Co., Doyle Wealth Management, US Bancorp DE, Fulton Bank N.A. and Bank of Montreal Can. Company insiders that have sold CalAtlantic Group stock in the last year include David J Matlin, Jeffrey Joseph Mccall, Larry T Nicholson 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 acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, GW&K Investment Management LLC, James Investment Research Inc., Meeder Asset Management Inc., Fox Run Management L.L.C., Aperio Group LLC, Sadoff Investment Management LLC and Fisher Asset Management LLC. 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 $37.82.

MarketBeat Community Rating for CalAtlantic Group (NYSE CAA)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  317
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, 6 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $40.22 (6.35% upside)

Analysts' Ratings History for CalAtlantic Group (NYSE:CAA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
6/6/2017WedbushReiterated RatingOutperform$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
10/21/2015KeyCorpInitiated CoverageSector WeightN/AView Rating Details
10/19/2015Compass PointUpgradeNeutral -> Buy$48.50N/AView Rating Details
(Data available from 7/25/2015 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
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: $3.61
2018 EPS Consensus Estimate: $4.05
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.50$0.79$0.61
Q2 20173$0.75$0.79$0.77
Q3 20173$0.97$1.03$0.99
Q4 20173$1.20$1.28$1.23
Q1 20181$0.64$0.64$0.64
Q2 20181$0.96$0.96$0.96
Q3 20181$1.10$1.10$1.10
Q4 20181$1.35$1.35$1.35
(Data provided by Zacks Investment Research)


Current Dividend Information for CalAtlantic Group (NYSE:CAA)
Most Recent Dividend:6/30/2017
Annual Dividend:$0.16
Dividend Yield:0.42%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.36% (Trailing 12 Months of Earnings)
4.38% (Based on This Year's Estimates)
3.93% (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
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 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 logoCalAtlantic Group, Inc. (CAA) Expected to Announce Quarterly Sales of $1.62 Billion - June 21 at 11:48 AM logoZacks: Brokerages Expect CalAtlantic Group, Inc. (CAA) to Post $0.78 EPS - June 19 at 7:48 AM logoCalAtlantic Group, Inc. (CAA) Stock Rating Lowered by BidaskClub - June 18 at 12:38 PM logoCalAtlantic Group, Inc. (CAA) Director David J. Matlin Sells 14,510,008 Shares - June 15 at 7:23 PM logoWedbush Analysts Increase Earnings Estimates for CalAtlantic Group, Inc. (CAA) - June 12 at 7:25 AM logoCalAtlantic Group (CAA) Prices 42.84M Share Secondary Offering at $34.25/Sh; Announces 3M Share Buyback - June 9 at 4:43 PM logoCalAtlantic Group Inc (CAA) to Post FY2017 Earnings of $3.64 Per Share, Wedbush Forecasts - June 9 at 8:36 AM logoBank of America Corp Downgrades CalAtlantic Group Inc (CAA) to Neutral - June 8 at 12:58 PM logoCalAtlantic Group, Inc. Announces Secondary Common Stock Offering By MP CA Homes LLC And Proposed Repurchase Of Common Stock - June 7 at 4:26 PM logoRoyal Bank of Canada Reaffirms Ourperform Rating for CalAtlantic Group Inc (CAA) - June 7 at 8:18 AM logoCalAtlantic Group, Inc. Announces Proposed Offering of $300 Million of Senior Notes Due 2027 - June 6 at 4:20 PM logoCalAtlantic Group, Inc. – Value Analysis (NYSE:CAA) : June 6, 2017 - June 6 at 4:20 PM logoRyland Group, Inc. (The) -- Moody's rates CalAtlantic's proposed $300MM Sr. Unsecured Notes Ba2 - June 6 at 4:20 PM logoCalAtlantic Group's (CAA) "Ourperform" Rating Reiterated at Wedbush - June 6 at 11:44 AM logoCalAtlantic Group, Inc. breached its 50 day moving average in a Bullish Manner : CAA-US : June 5, 2017 - June 5 at 12:28 PM logoBrooklyn Park gives CalAtlantic thumbs up for housing community along 610 (photos) - June 2 at 5:35 PM logoCalAtlantic Homes Unveils 10 New Home Designs At Gated Community Of Andalucia In Lake Worth, FL - June 2 at 5:35 PM logoInsider Selling: CalAtlantic Group Inc (CAA) CEO Sells 9,000 Shares of Stock - June 1 at 7:46 PM logoCalAtlantic Group Inc (CAA) Receives Average Recommendation of "Hold" from Analysts - May 30 at 8:54 PM logoValuEngine Lowers CalAtlantic Group Inc (CAA) to Buy - May 23 at 5:34 PM logoCalAtlantic Group Inc (CAA) Upgraded at ValuEngine - May 13 at 3:22 PM logoCalAtlantic Group Inc (CAA) PT Raised to $120.00 - May 12 at 5:20 PM logoCalAtlantic Group Inc (CAA) Given Consensus Rating of "Hold" by Brokerages - May 5 at 12:54 PM logoCalAtlantic Homes Enters Utah Market - May 4 at 4:14 PM logoKeyCorp Brokers Lower Earnings Estimates for CalAtlantic Group Inc (CAA) - May 4 at 9:18 AM logoCalAtlantic Homes Introduces Eight New Home Designs At Amber Meadows In The Village Of Hoffman Estates, IL - May 3 at 9:39 PM logoCalAtlantic Homes Announces Grand Opening Of Windsor Ridge In Joliet, IL - May 3 at 9:39 PM logoFY2017 EPS Estimates for CalAtlantic Group Inc (CAA) Lowered by Analyst - May 3 at 1:45 PM logoWedbush Weighs in on CalAtlantic Group Inc's Q3 2017 Earnings (CAA) - May 3 at 11:20 AM logoFBR & Co Comments on CalAtlantic Group Inc's Q2 2017 Earnings (CAA) - May 3 at 8:48 AM logoCalAtlantic Group (CAA) Earns News Impact Rating of 0.46 - May 2 at 12:23 PM logoWedbush Brokers Cut Earnings Estimates for CalAtlantic Group Inc (CAA) - May 2 at 9:10 AM logoCalAtlantic Group Inc Announces Quarterly Dividend of $0.04 (CAA) - May 1 at 8:38 PM logoCalAtlantic Group Inc (CAA) Expected to Announce Earnings of $0.86 Per Share - May 1 at 11:02 AM



CalAtlantic Group (CAA) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by Staff