Analysts expect that CoreLogic, Inc. (NYSE:CLGX) will report $491.51 million in sales for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for CoreLogic’s earnings, with the highest sales estimate coming in at $500.65 million and the lowest estimate coming in at $484.62 million. CoreLogic reported sales of $523.90 million in the same quarter last year, which indicates a negative year over year growth rate of 6.2%. The company is scheduled to announce its next earnings report on Monday, October 23rd.

On average, analysts expect that CoreLogic will report full-year sales of $491.51 million for the current financial year, with estimates ranging from $1.85 billion to $1.87 billion. For the next year, analysts expect that the firm will post sales of $1.91 billion per share, with estimates ranging from $1.88 billion to $1.94 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover CoreLogic.

CoreLogic (NYSE:CLGX) last released its earnings results on Tuesday, July 25th. The business services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The business had revenue of $473.98 million during the quarter, compared to analysts’ expectations of $478.72 million. During the same quarter last year, the firm posted $0.65 earnings per share. The firm’s revenue was down 5.2% on a year-over-year basis.

CLGX has been the subject of a number of recent analyst reports. Zacks Investment Research raised CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research report on Thursday, July 27th. Oppenheimer Holdings, Inc. upped their price target on CoreLogic from $45.00 to $50.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. BidaskClub raised CoreLogic from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $46.00 price target on shares of CoreLogic in a research report on Thursday, July 27th. Finally, Robert W. Baird upped their price target on CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $45.00.

Shares of CoreLogic (NYSE CLGX) opened at 46.54 on Tuesday. CoreLogic has a 1-year low of $34.59 and a 1-year high of $48.02. The firm has a market cap of $3.92 billion, a PE ratio of 42.74 and a beta of 0.95. The company’s 50-day moving average price is $46.14 and its 200 day moving average price is $43.06.

In other CoreLogic news, CEO Frank Martell sold 35,392 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $47.11, for a total transaction of $1,667,317.12. Following the transaction, the chief executive officer now owns 251,344 shares in the company, valued at approximately $11,840,815.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Barry M. Sando sold 23,200 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $47.01, for a total value of $1,090,632.00. Following the transaction, the insider now owns 156,661 shares in the company, valued at approximately $7,364,633.61. The disclosure for this sale can be found here. Insiders have sold a total of 71,242 shares of company stock valued at $3,325,193 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of the business. Somerset Trust Co grew its holdings in shares of CoreLogic by 0.4% during the 2nd quarter. Somerset Trust Co now owns 10,666 shares of the business services provider’s stock worth $463,000 after acquiring an additional 47 shares during the period. World Asset Management Inc grew its holdings in shares of CoreLogic by 2.1% during the 2nd quarter. World Asset Management Inc now owns 5,854 shares of the business services provider’s stock worth $254,000 after acquiring an additional 120 shares during the period. Capstone Asset Management Co. grew its holdings in shares of CoreLogic by 1.1% during the 2nd quarter. Capstone Asset Management Co. now owns 11,682 shares of the business services provider’s stock worth $507,000 after acquiring an additional 130 shares during the period. Advantus Capital Management Inc grew its holdings in shares of CoreLogic by 1.3% during the 1st quarter. Advantus Capital Management Inc now owns 10,802 shares of the business services provider’s stock worth $440,000 after acquiring an additional 141 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. grew its holdings in shares of CoreLogic by 0.7% during the 1st quarter. Liberty Mutual Group Asset Management Inc. now owns 37,916 shares of the business services provider’s stock worth $1,543,000 after acquiring an additional 275 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.

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About CoreLogic

CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.

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