Brokerages forecast that CoreLogic, Inc. (NYSE:CLGX) will post earnings of $0.51 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for CoreLogic’s earnings, with the lowest EPS estimate coming in at $0.47 and the highest estimate coming in at $0.54. CoreLogic posted earnings of $0.56 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 8.9%. The firm is scheduled to report its next earnings report on Wednesday, February 28th.

According to Zacks, 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 firm will report earnings of $2.48 per share, with EPS estimates ranging from $2.29 to $2.71. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for CoreLogic.

CoreLogic (NYSE:CLGX) last posted its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.72 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.01. The company had revenue of $483.10 million for 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%. The firm’s quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.73 EPS.

CLGX has been the topic of several research analyst reports. BidaskClub raised CoreLogic from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research downgraded CoreLogic from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. William Blair downgraded CoreLogic from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 8th. Barclays raised their price objective on CoreLogic from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, SunTrust Banks downgraded CoreLogic from a “buy” rating to a “hold” rating and set a $46.00 price objective on the stock. in a research note on Tuesday, November 28th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $46.50.

CoreLogic (CLGX) opened at $43.62 on Friday. The firm has a market capitalization of $3,593.15, a price-to-earnings ratio of 21.59, a PEG ratio of 1.94 and a beta of 0.84. CoreLogic has a 12 month low of $34.59 and a 12 month high of $49.30. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.33 and a quick ratio of 1.33.

In other CoreLogic news, Director Mary Lee Widener sold 900 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $46.70, for a total transaction of $42,030.00. Following the completion of the transaction, the director now owns 8,434 shares in the company, valued at approximately $393,867.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Frank Martell sold 35,392 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 251,344 shares of the company’s stock, valued at approximately $11,840,815.84. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. World Asset Management Inc increased its holdings in CoreLogic by 2.1% during the 2nd quarter. World Asset Management Inc now owns 5,854 shares of the business services provider’s stock worth $254,000 after purchasing an additional 120 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in CoreLogic by 9.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock worth $145,000 after purchasing an additional 283 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in CoreLogic by 0.6% during the 2nd quarter. Great West Life Assurance Co. Can now owns 50,679 shares of the business services provider’s stock worth $2,198,000 after purchasing an additional 294 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in CoreLogic by 1.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock worth $1,099,000 after purchasing an additional 459 shares in the last quarter. Finally, Comerica Bank increased its holdings in CoreLogic by 0.7% during the 2nd quarter. Comerica Bank now owns 66,273 shares of the business services provider’s stock worth $2,896,000 after purchasing an additional 492 shares in the last quarter. Hedge funds and other institutional investors own 88.87% of the company’s stock.

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About CoreLogic

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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Earnings History and Estimates for CoreLogic (NYSE:CLGX)

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