NYSE:CLGXCorelogic Stock Price, Forecast & News

$50.00

-0.93 (-1.83 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$49.65

Now: $50.00▼

$50.86

50-Day Range

$34.91

MA: $42.49▼

$50.08

52-Week Range

$24.69

Now: $50.00▼

$51.74

Volume1.32 million shs

Average Volume875,639 shs

Market Capitalization$3.97 billion

P/E Ratio49.51

Dividend Yield1.73%

Beta1.3

CoreLogic, Inc., together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS). The PIRM segment combines property information, mortgage information, and consumer information to deliver housing market and property-level insights, predictive analytics, and risk management capabilities. It also offers proprietary technology and software platforms to access, automate, or track the information and assist its clients with decision-making and compliance tools in the real estate industry, insurance industry, and the single and multifamily industry. This segment primarily serves commercial banks, mortgage lenders and brokers, investment banks, fixed-income investors, real estate agents, MLS companies, property and casualty insurance companies, title insurance companies, government agencies, and government-sponsored enterprises. The UWS segment combines property, mortgage, and consumer information to provide comprehensive mortgage origination and monitoring solutions, including underwriting-related solutions, and data-enabled valuations and appraisals. This segment also provides proprietary technology and software platforms to access, automate, or track the information and assist its clients with vetting and onboarding prospects, and meeting compliance regulations, as well as understanding, diagnosing, and monitoring property values. It primarily serves mortgage lenders and servicers, mortgage brokers, credit unions, commercial banks, fixed-income investors, government agencies, and property and casualty insurance companies. The company was formerly known as The First American Corporation and changed its name to CoreLogic, Inc. in June 2010. CoreLogic, Inc. was incorporated in 1894 and is headquartered in Irvine, California.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
Corelogic has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $45.67, Corelogic has a potential downside of 8.7% from its current price of $50.00.
Amount of Analyst Coverage
Corelogic has only been the subject of 4 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Corelogic has received 562 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Corelogic has received 483 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Corelogic has received 53.78% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Corelogic and other stocks. Vote “Outperform” if you believe CLGX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLGX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Corelogic is a leading dividend payer. It pays a dividend yield of 1.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Corelogic does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Corelogic is 35.20 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Corelogic will have a dividend payout ratio of 35.92 % next year. This indicates that Corelogic will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Corelogic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $651,502.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of Corelogic is held by insiders.
Percentage Held by Institutions
90.49% of the stock of Corelogic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Corelogic are expected to decrease by -3.16% in the coming year, from $2.53 to $2.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Corelogic is 49.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Corelogic is 49.51, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 21.69.
Price to Earnings Growth Ratio
Corelogic has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Corelogic has a P/B Ratio of 4.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.63 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryData Processing & Outsourced Services

SectorBusiness Services

Current SymbolNYSE:CLGX

Previous Symbol

CUSIP21871D10

CIK36047

Webwww.corelogic.com

Phone949-214-1000

Debt

Debt-to-Equity Ratio1.71

Current Ratio1.38

Quick Ratio1.38

Price-To-Earnings

Trailing P/E Ratio49.51

Forward P/E Ratio19.76

P/E Growth1.65

Sales & Book Value

Annual Sales$1.76 billion

Price / Sales2.25

Cash Flow$5.15 per share

Price / Cash Flow9.71

Book Value$11.96 per share

Price / Book4.18

Profitability

EPS (Most Recent Fiscal Year)$2.50

Net Income$49.38 million

Net Margins4.56%

Return on Equity24.23%

Return on Assets5.50%

Miscellaneous

Employees5,100

Outstanding Shares79,411,000

Market Cap$3.97 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Corelogic (NYSE:CLGX) Frequently Asked Questions

How has Corelogic's stock been impacted by COVID-19 (Coronavirus)?

Corelogic's stock was trading at $45.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CLGX shares have increased by 9.6% and is now trading at $50.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Corelogic?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corelogic in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Corelogic.

When is Corelogic's next earnings date?

Corelogic is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Corelogic.

How were Corelogic's earnings last quarter?

Corelogic Inc (NYSE:CLGX) announced its quarterly earnings data on Thursday, April, 30th. The business services provider reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.05. The business services provider had revenue of $443.89 million for the quarter, compared to the consensus estimate of $438.44 million. Corelogic had a net margin of 4.56% and a return on equity of 24.23%. Corelogic's revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 earnings per share. View Corelogic's earnings history.

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

Corelogic declared a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be paid a dividend of $0.22 per share on Monday, June 15th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Friday, May 29th. View Corelogic's dividend history.

What price target have analysts set for CLGX?

11 brokers have issued 12-month target prices for Corelogic's shares. Their forecasts range from $27.00 to $55.00. On average, they anticipate Corelogic's stock price to reach $45.67 in the next year. This suggests that the stock has a possible downside of 8.7%. View analysts' price targets for Corelogic.

Has Corelogic been receiving favorable news coverage?

News articles about CLGX stock have trended negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Corelogic earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCorelogic.

Are investors shorting Corelogic?

Corelogic saw a decrease in short interest in April. As of April 30th, there was short interest totaling 1,210,000 shares, a decrease of 22.9% from the April 15th total of 1,570,000 shares. Based on an average daily volume of 988,700 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.6% of the shares of the company are sold short. View Corelogic's Current Options Chain.

Who are some of Corelogic's key competitors?

Some companies that are related to Corelogic include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Genpact (G), WEX (WEX), Euronet Worldwide (EEFT) and MAXIMUS (MMS). View all competitors.

What other stocks do shareholders of Corelogic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corelogic investors own include Cisco Systems (CSCO), Boeing (BA), Enterprise Products Partners (EPD), Netflix (NFLX), Wells Fargo & Co (WFC), Johnson & Johnson (JNJ), Procter & Gamble (PG), Ambarella (AMBA), Broadcom (AVGO) and General Electric (GE).

Who are Corelogic's key executives?

Corelogic's management team includes the following people:

Mr. Frank D. Martell, Pres, CEO & Director (Age 59)
Mr. James L. Balas B.Sc., CPA, Chief Financial Officer (Age 48)
Mr. Arnold A. Pinkston, Chief Legal Officer & Corp. Sec. (Age 60)
Mr. Barry M. Sando, Managing Director of Underwriting & Workflow Solutions (Age 60)
Ms. Jaynie Miller Studenmund, Corp. Director & Advisor (Age 65)

What is Corelogic's stock symbol?

Corelogic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLGX."

Who are Corelogic's major shareholders?

Corelogic's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.64%), Mizuho Markets Cayman LP (3.76%), JPMorgan Chase & Co. (2.63%), State Street Corp (2.43%), Fisher Asset Management LLC (1.94%) and Atlanta Capital Management Co. L L C (1.58%). Company insiders that own Corelogic stock include Barry M Sando, David F Walker, Douglas C Curling, Frank Martell, J David Chatham, James L Balas, John C Dorman, Mary Lee Widener, Paul F Folino and Vikrant Raina. View institutional ownership trends for Corelogic.

Which institutional investors are selling Corelogic stock?

CLGX stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Nuveen Asset Management LLC, BlackRock Inc., Federated Hermes Inc., Atlanta Capital Management Co. L L C, BNP Paribas Arbitrage SA, First Trust Advisors LP, and JPMorgan Chase & Co.. Company insiders that have sold Corelogic company stock in the last year include Barry M Sando, Frank Martell, J David Chatham, James L Balas, Mary Lee Widener, and Paul F Folino. View insider buying and selling activity for Corelogic.

Which institutional investors are buying Corelogic stock?

CLGX stock was acquired by a variety of institutional investors in the last quarter, including Mizuho Markets Cayman LP, FDx Advisors Inc., FDx Advisors Inc., Nomura Holdings Inc., Wellington Management Group LLP, Two Sigma Advisers LP, Mackay Shields LLC, and Engineers Gate Manager LP. View insider buying and selling activity for Corelogic.

How do I buy shares of Corelogic?

Shares of CLGX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Corelogic's stock price today?

One share of CLGX stock can currently be purchased for approximately $50.00.

How big of a company is Corelogic?

Corelogic has a market capitalization of $3.97 billion and generates $1.76 billion in revenue each year. The business services provider earns $49.38 million in net income (profit) each year or $2.50 on an earnings per share basis. Corelogic employs 5,100 workers across the globe.

What is Corelogic's official website?

The official website for Corelogic is www.corelogic.com.

How can I contact Corelogic?

Corelogic's mailing address is 40 PACIFICA, IRVINE CA, 92618. The business services provider can be reached via phone at 949-214-1000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff