Equities analysts expect Carlisle Companies, Inc. (NYSE:CSL) to announce earnings of $2.40 per share for the current quarter, Zacks reports. Two analysts have provided estimates for Carlisle Companies’ earnings. The highest EPS estimate is $2.41 and the lowest is $2.39. Carlisle Companies posted earnings of $1.97 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 21.8%. The business is scheduled to announce its next quarterly earnings report on Tuesday, July 23rd.

On average, analysts expect that Carlisle Companies will report full-year earnings of $7.80 per share for the current fiscal year, with EPS estimates ranging from $7.75 to $7.84. For the next fiscal year, analysts forecast that the business will report earnings of $8.66 per share, with EPS estimates ranging from $8.35 to $8.85. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover Carlisle Companies.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, April 23rd. The conglomerate reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.31. Carlisle Companies had a net margin of 8.34% and a return on equity of 15.22%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the company earned $0.97 earnings per share. Carlisle Companies’s quarterly revenue was up 8.9% on a year-over-year basis.

Several research firms recently commented on CSL. Zacks Investment Research raised shares of Carlisle Companies from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a research note on Monday, April 29th. Robert W. Baird boosted their price objective on shares of Carlisle Companies from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. Oppenheimer boosted their price objective on shares of Carlisle Companies from $140.00 to $150.00 in a research note on Wednesday, April 24th. BMO Capital Markets boosted their price objective on shares of Carlisle Companies from $125.00 to $135.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 24th. Finally, ValuEngine raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $139.86.

Shares of NYSE CSL traded down $0.01 during midday trading on Friday, hitting $137.91. 1,459 shares of the company traded hands, compared to its average volume of 385,041. Carlisle Companies has a 12-month low of $92.16 and a 12-month high of $142.00. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.96 and a quick ratio of 2.15. The stock has a market capitalization of $7.87 billion, a P/E ratio of 22.21, a P/E/G ratio of 1.18 and a beta of 1.05.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Tuesday, May 14th. Carlisle Companies’s payout ratio is currently 25.72%.

A number of large investors have recently bought and sold shares of CSL. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Carlisle Companies by 18.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,560 shares of the conglomerate’s stock worth $458,000 after buying an additional 723 shares in the last quarter. Xact Kapitalforvaltning AB lifted its stake in shares of Carlisle Companies by 5.6% in the fourth quarter. Xact Kapitalforvaltning AB now owns 9,509 shares of the conglomerate’s stock worth $956,000 after buying an additional 500 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Carlisle Companies by 34.6% in the fourth quarter. Advisors Asset Management Inc. now owns 7,068 shares of the conglomerate’s stock worth $710,000 after buying an additional 1,816 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Carlisle Companies by 40.9% in the fourth quarter. Rhumbline Advisers now owns 169,051 shares of the conglomerate’s stock worth $16,993,000 after buying an additional 49,036 shares in the last quarter. Finally, First Mercantile Trust Co. lifted its stake in shares of Carlisle Companies by 60.2% in the fourth quarter. First Mercantile Trust Co. now owns 1,995 shares of the conglomerate’s stock worth $200,000 after buying an additional 750 shares in the last quarter. 87.39% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.

Further Reading: What is the QQQ ETF?

Get a free copy of the Zacks research report on Carlisle Companies (CSL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Carlisle Companies (NYSE:CSL)

Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter.