Carlisle Companies (CSL) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carlisle Companies in the last twelve months. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CSL shares.
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6 brokers have issued 1-year price targets for Carlisle Companies' stock. Their CSL share price forecasts range from $285.00 to $345.00. On average, they predict the company's stock price to reach $313.33 in the next year. This suggests a possible upside of 17.7% 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 on January 1st, 2023. Since then, CSL stock has increased by 13.0% and is now trading at $266.29.
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Carlisle Companies saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,270,000 shares, a decline of 5.2% from the August 15th total of 1,340,000 shares. Based on an average daily volume of 411,200 shares, the short-interest ratio is currently 3.1 days. Approximately 2.6% 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 Thursday, October 26th 2023.
View our CSL earnings forecast.

Carlisle Companies Incorporated (NYSE:CSL) released its quarterly earnings results on Wednesday, July, 26th. The conglomerate reported $5.18 EPS for the quarter, topping analysts' consensus estimates of $4.73 by $0.45. The conglomerate had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.58 billion. Carlisle Companies had a net margin of 12.18% and a trailing twelve-month return on equity of 29.71%. The firm's quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the company earned $6.15 EPS.

Carlisle Companies declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Thursday, August 17th will be given a dividend of $0.85 per share on Friday, September 1st. This represents a $3.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Wednesday, August 16th. This is a positive change from the stock's previous quarterly dividend of $0.75.
Read our dividend analysis for CSL.

ETFs with the largest weight of Carlisle Companies (NYSE:CSL) stock in their portfolio include 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), Invesco S&P MidCap Quality ETF (XMHQ), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and Running Oak Efficient Growth ETF (RUNN).

Carlisle Companies (NYSE:CSL) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.25%. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSL will have a dividend payout ratio of 16.26% 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.67%), State Street Corp (4.86%), Allspring Global Investments Holdings LLC (4.05%), JPMorgan Chase & Co. (2.46%), Franklin Resources Inc. (2.32%) and Geode Capital Management LLC (1.68%). Insiders that own company stock include D Christian Koch, Douglas Charles Taylor, John E Berlin, Karl Ted Messmer, Kevin P Zdimal, Lori A Snyder, Nicholas J Shears, Nicholas J Shears, Robert M Roche, Robert M Roche and Scott C Selbach.
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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 $266.29.

Carlisle Companies (NYSE:CSL) has a market capitalization of $13.29 billion and generates $6.59 billion in revenue each year. The conglomerate earns $921.80 million in net income (profit) each year or $13.91 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.