News headlines about CalAtlantic Group (NYSE:CAA) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CalAtlantic Group earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the industrial goods maker an impact score of 45.8878436271788 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

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

CalAtlantic Group (NYSE CAA) traded down $0.32 during trading hours on Monday, hitting $61.95. 1,182,100 shares of the stock were exchanged, compared to its average volume of 1,784,411. The company has a quick ratio of 0.29, a current ratio of 5.91 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $6,840.00 and a PE ratio of 18.38. CalAtlantic Group has a 52 week low of $32.47 and a 52 week high of $63.06.

CalAtlantic Group (NYSE:CAA) last issued its quarterly earnings results on Wednesday, November 8th. The industrial goods maker reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.07). The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.55 billion. CalAtlantic Group had a net margin of 6.85% and a return on equity of 10.35%. The business’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.97 EPS. analysts anticipate that CalAtlantic Group will post 3.41 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Saturday, December 30th. Investors of record on Friday, December 15th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date was Thursday, December 14th. CalAtlantic Group’s dividend payout ratio is currently 4.75%.

A number of research analysts have recently issued reports on the stock. Wedbush lifted their target price on shares of CalAtlantic Group from $51.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, December 29th. Barclays lifted their target price on shares of CalAtlantic Group from $35.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday, November 9th. B. Riley reiterated a “neutral” rating on shares of CalAtlantic Group in a research note on Wednesday, November 1st. ValuEngine upgraded shares of CalAtlantic Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Finally, MKM Partners cut shares of CalAtlantic Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 31st. Fifteen equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. CalAtlantic Group has a consensus rating of “Hold” and a consensus price target of $48.40.

In related news, CFO Jeffrey Joseph Mccall sold 65,000 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $55.27, for a total value of $3,592,550.00. Following the completion of the sale, the chief financial officer now owns 178,519 shares of the company’s stock, valued at $9,866,745.13. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Larry T. Nicholson sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $51.94, for a total transaction of $5,194,000.00. Following the completion of the sale, the chief executive officer now directly owns 714,691 shares of the company’s stock, valued at approximately $37,121,050.54. The disclosure for this sale can be found here. In the last three months, insiders sold 283,206 shares of company stock valued at $14,970,977. 39.50% of the stock is currently owned by company insiders.

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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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