Carlisle Cos. Price Target Raised to $95.00 at FBR Capital Markets (CSL)
Equities researchers at FBR Capital Markets increased their price objective on shares of Carlisle Cos. (NYSE:CSL) from $90.00 to $95.00 in a research report issued on Wednesday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price target suggests a potential upside of 13.10% from the company’s current price.
Carlisle Cos. (NYSE:CSL) opened at 84.00 on Wednesday. Carlisle Cos. has a one year low of $60.34 and a one year high of $84.73. The stock’s 50-day moving average is $80.24 and its 200-day moving average is $77.2. The company has a market cap of $5.383 billion and a P/E ratio of 28.93.
Carlisle Cos. (NYSE:CSL) last announced its earnings results on Tuesday, April 22nd. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.03. The company had revenue of $650.40 million for the quarter, compared to the consensus estimate of $641.58 million. During the same quarter last year, the company posted $0.65 earnings per share. Carlisle Cos.’s revenue was up 3.3% compared to the same quarter last year. On average, analysts predict that Carlisle Cos. will post $4.08 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, June 1st. Shareholders of record on Tuesday, May 20th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, May 16th.
Carlisle Companies Incorporated (NYSE:CSL) is a holding company for Carlisle Corporation, and its wholly owned subsidiaries.
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