CaliberCos (NASDAQ:CWD) Posts Earnings Results, Misses Estimates By $0.85 EPS

CaliberCos (NASDAQ:CWD) released its earnings results on Wednesday. The company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.85), FiscalAI reports. The business had revenue of $4.13 million for the quarter, compared to analysts’ expectations of $4.13 million. CaliberCos had a negative return on equity of 947.22% and a negative net margin of 103.28%.

CaliberCos Trading Down 5.4%

CWD traded down $0.07 during trading on Thursday, hitting $1.23. 2,965 shares of the company traded hands, compared to its average volume of 75,028. The company has a market cap of $8.03 million, a PE ratio of -0.06 and a beta of -0.29. The stock’s 50-day simple moving average is $1.29 and its two-hundred day simple moving average is $2.54. CaliberCos has a 1 year low of $1.05 and a 1 year high of $48.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC purchased a new position in shares of CaliberCos during the fourth quarter valued at about $39,000. Jane Street Group LLC purchased a new stake in shares of CaliberCos in the fourth quarter worth about $31,000. Finally, XTX Topco Ltd bought a new position in CaliberCos during the fourth quarter valued at approximately $28,000. Institutional investors own 4.06% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CaliberCos in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

About CaliberCos

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.