Stock is up at $49.34 (CAA) CALATLANTIC INVESTOR ALERT BY THE FORMER…

Plasterers stand on scaffolding back while a worker walks into the garage of a home under construction at the Lennar Corp. Madison Pointe at Central Park development in Doral Florida

UBS AG began coverage on shares of CalAtlantic Group in a report on Wednesday, October 25th.

Several ratings firms have issued ratings on the company of late.

Shares of Miami-based Lennar are down 3% to about $56 on the news-it's been trading at record levels, up 35% year-to-date and creating the buying power for the stock-for-stock deal. JMP Securities upgraded CalAtlantic Group from a "market perform" rating to an "outperform" rating and set a $44.00 price objective for the company in a research report on Friday, July 21st. The total number of shares traded in the last 90-day period is 147,276. CalAtlantic Group, Inc. now has an average analyst recommendation of 2.40 according to analysts.

On October 31 the stock rating was downgraded from "Buy" to " by analysts at Evercore ISI Group.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The company operates in the Consumer Cyclical sector with a market capitalization of 5.34 Million.




CalAtlantic Group, Inc. (NYSE:CAA) touched its 1-Year High price of $50.48 on 10/30/17 and its 1-Year Low price of $30.20 on 11/09/16.

CalAtlantic Group (NYSE:CAA) last issued its quarterly earnings data on Thursday, July 27th. At the time of writing, the stock is trading at $49.07, a change of 21.31% from the previous close. The operating margin is 11.20% percent and the net profit margin stands at 7.20% percent. The company earned $1.67 billion during the quarter, compared to the consensus estimate of $1.68 billion. In contrast to the year ago quarter EPS was at 0.81. The firm's revenue was up 166.0% on a year-over-year basis. On average, analysts predict that CalAtlantic Group will post $3.45 EPS for the current fiscal year.

The average Wall Street analyst rating for CalAtlantic Group, Inc.is Hold, according to the average of 11 analyst scores. If you are viewing this story on another website, it was illegally copied and reposted in violation of United States & global trademark & copyright legislation.

In other news, CEO Larry T. Nicholson sold 17,033 shares of the business's stock in a transaction on Tuesday, September 26th. Of those transactions, there were 241,743 shares of CAA bought and 43.75 million shares sold. Parametric Portfolio Associates LLC grew its position in CalAtlantic Group by 50.3% in the first quarter. Mutual of America Capital Management LLC owned 0.06% of CalAtlantic Group worth $2,226,000 as of its most recent SEC filing. Next quarter's EPS is forecasted to be $1.26 with next year's EPS anticipated to be $4.05. Finally, Sciencast Management LP acquired a new stake in shares of CalAtlantic Group during the second quarter valued at $222,000.

Related news:

Hot News

isis-killer-beheading-video-story-top Key day in Irish bid for 2023 Rugby World Cup
Nov 01, 2017 - 00:15
The IRFU will be waiting anxiously for the 11am announcement‚ which is a crucial step towards winning the World Cup bid. Derry is out of the running to host games in the 2023 World Cup after South Africa was announced as the host country.

isis-killer-beheading-video-story-top Classic Carentan map returns in Call of Duty: WWII trailer
Nov 01, 2017 - 00:13
The first of the game's four DLC packs will be released first on PS4, Sony announced today during its Paris Games Week conference. During Sony's Paris Games Week showcase last night, Activision chose to unveil Call of Duty: WW2's first DLC, The Resistance .

isis-killer-beheading-video-story-top Podesta Group, Mercury Are Companies 'A' and 'B' in Indictment
Nov 01, 2017 - 00:11
Podesta Group said at the time it believed its client was a European think tank untethered to a political party. Before becoming a lobbyist, he worked on presidential campaigns of Eugene McCarthy, George McGovern, Edward M.

isis-killer-beheading-video-story-top Danish submarine owner admits dismembering Swedish journalist
Oct 31, 2017 - 00:18
The submarine is one of three that Madsen built, and one of the largest privately built underwater craft in the world. Police are gathering additional information from coroners and submarine experts from the Danish defence command.

isis-killer-beheading-video-story-top Matt Forte unhappy with New York Jets offensive playcalling
Oct 31, 2017 - 00:09
But I would say I was probably more pleased from a pass protection standpoint than all the way finishing through on the run game". The New York Jets fell to the Atlanta Falcons 25-20 on a rainy day in East Rutherford , NJ on Sunday.

isis-killer-beheading-video-story-top SA vs BAN: Twitter celebrates David Miller's fastest T20 century
Oct 31, 2017 - 00:08
How do I live stream South Africa vs Bangladesh 2nd T20I? Shakib Al Hasan and Saifuddin took wickets each for Bangladesh . Bangladesh was 141 all out in 18.3 overs, another heavy defeat on a hard five-week tour for the visiting team.

isis-killer-beheading-video-story-top Markelle Fultz out indefinitely, will be re-evaluated in 3 weeks
Oct 31, 2017 - 00:07
Fultz does not have any structural damage in his ailing right shoulder but is dealing with soreness and muscle imbalance. I kept wondering how they knew three games would heal a shoulder when they weren't completely sure what the problem was.

isis-killer-beheading-video-story-top India beat New Zealand by 6 runs, clinch ODI series
Oct 30, 2017 - 01:40
The first of the three wickets picked by Bumrah in the 3rd ODI was Martin Guptill; his 50th wicket in this format. He surpassed the record set by South Africa's AB de Villiers, who had scored 9,000 runs in 205 ODI innings.

isis-killer-beheading-video-story-top Patriots Hold Off Chargers 21-13 for 4th Straight Win
Oct 30, 2017 - 01:39
Against the Patriots on Sunday, Benjamin pulled off what might just be the worst punt return in National Football League history. However, the Chargers would fail to convert a two-point conversion, giving the Patriots a five-point lead, 18-13.

isis-killer-beheading-video-story-top Astros Player Rebuked for Racist Gesture at World Series
Oct 30, 2017 - 01:39
Gurriel will lose £245,000 of his £9million salary next year, which the Astros will donate to charitable causes. Game 4 of the World Series will be Saturday night when Charlie Morton starts for Houston.

isis-killer-beheading-video-story-top Most Houston Texans Take a Knee After Owner's 'Inmates' Comment
Oct 30, 2017 - 01:36
Most of the Houston Texans roster took a knee and linked arms together during the National Anthem on Sunday in Seattle. Owners did not vote to change a policy that would require players to stand for the anthem during that meeting.

isis-killer-beheading-video-story-top Wind advisory tonight and tomorrow for the Midstate
Oct 30, 2017 - 01:35
The service calls for a high near 67 degrees and winds around 9 miles per hour in the afternoon with a low around 55 overnight. The blast of severe weather has prompted a series of alerts for counties throughout the region, including Cayuga.

isis-killer-beheading-video-story-top Puerto Rico's governor: Cancel Whitefish contract
Oct 30, 2017 - 01:35
Under the contract, Whitefish is charging $330 an hour for a site supervisor and $227.88 an hour for a "journeyman lineman". The Puerto Rican government admitted that 911 people had died of "natural causes" after the storm.

isis-killer-beheading-video-story-top Airlines get ready for new USA security rules from Thursday
Oct 29, 2017 - 01:20
Previously, laptops had been banned in the cabin on flights originating in eight counties in the Middle East and North Africa. People flying to United States on these carriers will also witness the new level of security.

isis-killer-beheading-video-story-top Goodyear Tire 3Q Profit Falls On Higher Costs
Oct 29, 2017 - 01:19
BidaskClub upgraded shares of Cooper Tire & Rubber from a "sell" rating to a "hold" rating in a report on Wednesday, July 19th. First Quadrant L P CA purchased a new stake in The Goodyear Tire & Rubber during the 2nd quarter worth approximately $130,000.