Equities analysts predict that CoreLogic, Inc. (NYSE:CLGX) will post $0.51 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for CoreLogic’s earnings. The lowest EPS estimate is $0.47 and the highest is $0.54. CoreLogic posted earnings per share of $0.56 in the same quarter last year, which would suggest a negative year over year growth rate of 8.9%. The firm is expected to issue its next quarterly earnings results on Wednesday, February 28th.

On average, analysts expect that CoreLogic will report full-year earnings of $2.33 per share for the current year, with EPS estimates ranging from $2.28 to $2.37. For the next year, analysts forecast that the business will report earnings of $2.52 per share, with EPS estimates ranging from $2.29 to $2.71. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover CoreLogic.

CoreLogic (NYSE:CLGX) last posted its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.01. The business had revenue of $483.10 million during the quarter, compared to the consensus estimate of $490.09 million. CoreLogic had a return on equity of 17.10% and a net margin of 4.86%. CoreLogic’s quarterly revenue was down 7.8% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share.

A number of research firms have weighed in on CLGX. BidaskClub upgraded CoreLogic from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Piper Jaffray Companies restated a “hold” rating and issued a $50.00 price target on shares of CoreLogic in a research note on Friday, October 27th. Barclays PLC raised their price target on CoreLogic from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. Zacks Investment Research downgraded CoreLogic from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Finally, William Blair cut CoreLogic from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. CoreLogic currently has a consensus rating of “Hold” and an average target price of $46.50.

CoreLogic (NYSE CLGX) traded up $0.19 during trading hours on Tuesday, hitting $45.06. The company had a trading volume of 479,500 shares, compared to its average volume of 497,447. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $3,700.00, a P/E ratio of 22.21, a PEG ratio of 2.00 and a beta of 0.87. CoreLogic has a fifty-two week low of $34.59 and a fifty-two week high of $49.30.

In other CoreLogic news, CEO Frank Martell sold 35,392 shares of CoreLogic stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $47.11, for a total value of $1,667,317.12. Following the completion of the transaction, the chief executive officer now directly owns 251,344 shares of the company’s stock, valued at approximately $11,840,815.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Stergios Theologides sold 5,000 shares of CoreLogic stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $45.42, for a total value of $227,100.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 64,492 shares of company stock valued at $3,027,079. 1.20% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC acquired a new position in CoreLogic in the 3rd quarter valued at $363,000. Janus Henderson Group PLC increased its stake in shares of CoreLogic by 632.7% in the 3rd quarter. Janus Henderson Group PLC now owns 120,900 shares of the business services provider’s stock valued at $5,588,000 after purchasing an additional 104,400 shares during the last quarter. Vident Investment Advisory LLC bought a new position in shares of CoreLogic in the 3rd quarter valued at $2,626,000. Cornerstone Capital Management Holdings LLC. increased its stake in shares of CoreLogic by 13.7% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 415,381 shares of the business services provider’s stock valued at $19,198,000 after purchasing an additional 50,108 shares during the last quarter. Finally, AMP Capital Investors Ltd bought a new position in shares of CoreLogic in the 3rd quarter valued at $837,000. 90.66% of the stock is owned by hedge funds and other institutional investors.

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CoreLogic Company Profile

CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.

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