Headlines about CalAtlantic Group (NYSE:CAA) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CalAtlantic Group earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news headlines about the industrial goods maker an impact score of 45.7668823590494 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news headlines that may have impacted Accern’s scoring:

Several equities analysts recently weighed in on CAA shares. Barclays increased their price target on shares of CalAtlantic Group from $35.00 to $50.00 and gave the company an “equal weight” rating in a research report on Thursday, November 9th. B. Riley restated a “neutral” rating on shares of CalAtlantic Group in a research report on Wednesday, November 1st. MKM Partners lowered shares of CalAtlantic Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 31st. Mizuho started coverage on shares of CalAtlantic Group in a research report on Thursday, October 26th. They set a “buy” rating and a $45.00 price target for the company. Finally, Credit Suisse Group upgraded shares of CalAtlantic Group from an “underperform” rating to a “neutral” rating and set a $32.00 price target for the company in a research report on Tuesday, November 7th. Fifteen analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.11.

CalAtlantic Group (NYSE CAA) traded down $0.10 during midday trading on Tuesday, reaching $57.00. 1,216,665 shares of the company’s stock traded hands, compared to its average volume of 1,300,381. The stock has a market capitalization of $6,300.10, a P/E ratio of 16.91, a PEG ratio of 1.97 and a beta of 1.58. CalAtlantic Group has a 1-year low of $32.47 and a 1-year high of $57.44. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.29 and a current ratio of 5.91.

CalAtlantic Group (NYSE:CAA) last released its quarterly earnings data on Wednesday, November 8th. The industrial goods maker reported $0.75 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.07). The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.55 billion. CalAtlantic Group had a net margin of 6.85% and a return on equity of 10.35%. CalAtlantic Group’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same period last year, the company earned $0.97 earnings per share. equities research analysts expect that CalAtlantic Group will post 3.42 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, December 30th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, December 14th. CalAtlantic Group’s dividend payout ratio (DPR) is presently 4.75%.

In other news, CEO Larry T. Nicholson sold 100,000 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $51.94, for a total value of $5,194,000.00. Following the sale, the chief executive officer now directly owns 714,691 shares of the company’s stock, valued at $37,121,050.54. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William L. Jews sold 7,482 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $51.52, for a total transaction of $385,472.64. Following the completion of the sale, the director now directly owns 41,717 shares in the company, valued at $2,149,259.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 283,206 shares of company stock worth $14,970,977. Insiders own 39.50% of the company’s stock.

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About CalAtlantic Group

CalAtlantic 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.

Insider Buying and Selling by Quarter for CalAtlantic Group (NYSE:CAA)

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