Carlisle Companies (CSL) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carlisle Companies in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CSL shares.
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5 Wall Street analysts have issued 12-month price objectives for Carlisle Companies' shares. Their CSL share price forecasts range from $280.00 to $345.00. On average, they anticipate the company's share price to reach $306.67 in the next year. This suggests a possible upside of 31.8% from the stock's current price.
View analysts price targets for CSL or view top-rated stocks among Wall Street analysts.

Carlisle Companies' stock was trading at $235.65 at the beginning of the year. Since then, CSL shares have decreased by 1.3% and is now trading at $232.59.
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Carlisle Companies saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,030,000 shares, an increase of 33.1% from the April 30th total of 773,600 shares. Based on an average trading volume of 417,900 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.0% of the company's shares are short sold.
View Carlisle Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our CSL earnings forecast.

Carlisle Companies Incorporated (NYSE:CSL) issued its quarterly earnings data on Thursday, April, 27th. The conglomerate reported $2.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by $0.05. The conglomerate earned $1.18 billion during the quarter, compared to analyst estimates of $1.21 billion. Carlisle Companies had a trailing twelve-month return on equity of 32.04% and a net margin of 13.26%. Carlisle Companies's quarterly revenue was down 21.2% on a year-over-year basis. During the same period last year, the business posted $4.26 EPS.

Carlisle Companies declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Wednesday, May 17th will be paid a dividend of $0.75 per share on Thursday, June 1st. This represents a $3.00 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, May 16th.
Read our dividend analysis for CSL.

ETFs with the largest weight of Carlisle Companies (NYSE:CSL) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), Global X Green Building ETF (GRNR), SPDR S&P Homebuilders ETF (XHB), Inspire Faithward Mid Cap Momentum ETF (GLRY), VictoryShares THB Mid Cap ESG ETF (MDCP), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Thrivent Small-Mid Cap ESG ETF (TSME) and ProShares Russell US Dividend Growers ETF (TMDV).

Carlisle Companies (NYSE:CSL) pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 18.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSL will have a dividend payout ratio of 14.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSL.

17 employees have rated Carlisle Companies Chief Executive Officer D. Christian Koch on Glassdoor.com. D. Christian Koch has an approval rating of 99% among the company's employees. This puts D. Christian Koch in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Carlisle Companies investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), NVIDIA (NVDA), AT&T (T), Medtronic (MDT), Home Depot (HD), McDonald's (MCD), 3M (MMM), Bank of America (BAC) and Pfizer (PFE).

Carlisle Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSL."

Carlisle Companies' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.04%), State Street Corp (4.61%), Allspring Global Investments Holdings LLC (3.47%), JPMorgan Chase & Co. (2.36%), Franklin Resources Inc. (2.27%) and Generation Investment Management LLP (2.09%). Insiders that own company stock include D Christian Koch, Douglas Charles Taylor, John E Berlin, Karl Ted Messmer, Kevin P Zdimal, Nicholas J Shears, Nicholas J Shears, Robert M Roche, Robert M Roche and Scott C Selbach.
View institutional ownership trends.

Shares of CSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CSL stock can currently be purchased for approximately $232.59.

Carlisle Companies (NYSE:CSL) has a market capitalization of $11.85 billion and generates $6.27 billion in revenue each year. The conglomerate earns $921.80 million in net income (profit) each year or $15.85 on an earnings per share basis.

The company employs 12,100 workers across the globe.

Carlisle Companies' mailing address is 16430 N. SCOTTSDALE RD. SUITE 400, SCOTTSDALE AZ, 85254. The official website for the company is www.carlisle.com. The conglomerate can be reached via phone at (480) 781-5000, via email at jgiannakouros@carlisle.com, or via fax at 602-313-4300.