Analysts forecast that Corelogic Inc (NYSE:CLGX) will report $0.65 earnings per share for the current quarter, according to Zacks. Six analysts have issued estimates for Corelogic’s earnings. The highest EPS estimate is $0.68 and the lowest is $0.62. Corelogic posted earnings per share of $0.48 in the same quarter last year, which suggests a positive year-over-year growth rate of 35.4%. The business is expected to issue its next quarterly earnings report on Tuesday, February 25th.

On average, analysts expect that Corelogic will report full year earnings of $2.72 per share for the current financial year, with EPS estimates ranging from $2.70 to $2.74. For the next year, analysts expect that the firm will post earnings of $2.87 per share, with EPS estimates ranging from $2.76 to $3.09. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Corelogic.

Corelogic (NYSE:CLGX) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Corelogic had a net margin of 1.83% and a return on equity of 18.36%. The company had revenue of $458.96 million during the quarter, compared to analyst estimates of $457.49 million. During the same period in the previous year, the business earned $0.72 earnings per share. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year.

Several analysts have issued reports on CLGX shares. SunTrust Banks set a $44.00 price target on shares of Corelogic and gave the company a “hold” rating in a research report on Friday, October 25th. ValuEngine lowered shares of Corelogic from a “buy” rating to a “hold” rating in a research report on Saturday, September 14th. Barclays started coverage on shares of Corelogic in a research report on Wednesday, August 21st. They set an “overweight” rating and a $54.00 price target for the company. TheStreet lowered shares of Corelogic from a “b-” rating to a “c” rating in a research report on Friday, November 8th. Finally, Deutsche Bank lowered shares of Corelogic from a “hold” rating to a “sell” rating and cut their price target for the company from $43.00 to $39.00 in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Corelogic presently has a consensus rating of “Hold” and an average price target of $44.63.

In other news, Director Vikrant Raina acquired 2,500 shares of the stock in a transaction dated Tuesday, October 29th. The stock was purchased at an average cost of $39.97 per share, with a total value of $99,925.00. Following the completion of the purchase, the director now owns 11,384 shares in the company, valued at approximately $455,018.48. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Frank Martell sold 7,500 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $46.04, for a total transaction of $345,300.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,500 shares of company stock valued at $611,253. Company insiders own 1.10% of the company’s stock.

Several large investors have recently modified their holdings of CLGX. UBS Group AG raised its stake in shares of Corelogic by 488.4% during the second quarter. UBS Group AG now owns 2,670,752 shares of the business services provider’s stock valued at $111,717,000 after acquiring an additional 2,216,835 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Corelogic during the second quarter valued at about $50,172,000. Renaissance Technologies LLC raised its stake in shares of Corelogic by 102.3% during the second quarter. Renaissance Technologies LLC now owns 659,300 shares of the business services provider’s stock valued at $27,579,000 after acquiring an additional 333,380 shares during the last quarter. Point72 Asset Management L.P. raised its stake in shares of Corelogic by 1,211.4% during the third quarter. Point72 Asset Management L.P. now owns 354,068 shares of the business services provider’s stock valued at $16,383,000 after acquiring an additional 327,068 shares during the last quarter. Finally, Nuveen Asset Management LLC bought a new position in Corelogic in the second quarter worth about $12,736,000. 92.29% of the stock is owned by hedge funds and other institutional investors.

NYSE CLGX traded down $0.28 during trading on Monday, hitting $41.15. 383,993 shares of the company’s stock traded hands, compared to its average volume of 548,781. The stock has a fifty day moving average of $41.75 and a two-hundred day moving average of $43.89. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.11 and a quick ratio of 1.11. Corelogic has a 12-month low of $31.87 and a 12-month high of $49.49. The firm has a market cap of $3.28 billion, a P/E ratio of 17.44, a PEG ratio of 1.57 and a beta of 0.69.

Corelogic Company Profile

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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Earnings History and Estimates for Corelogic (NYSE:CLGX)

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