Analysts expect CoreLogic, Inc. (NYSE:CLGX) to announce sales of $453.93 million for the current quarter, according to Zacks. Six analysts have made estimates for CoreLogic’s earnings, with the highest sales estimate coming in at $472.00 million and the lowest estimate coming in at $442.24 million. CoreLogic posted sales of $474.91 million during the same quarter last year, which suggests a negative year over year growth rate of 4.4%. The business is scheduled to issue its next quarterly earnings results on Wednesday, February 28th.

According to Zacks, analysts expect that CoreLogic will report full-year sales of $453.93 million for the current financial year, with estimates ranging from $1.84 billion to $1.87 billion. For the next fiscal year, analysts anticipate that the company will post sales of $1.88 billion per share, with estimates ranging from $1.81 billion to $2.01 billion. Zacks’ sales calculations are an average based on a survey of analysts that follow CoreLogic.

CoreLogic (NYSE:CLGX) last released its earnings results on Wednesday, October 25th. The business services provider reported $0.72 earnings per share (EPS) 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 analyst estimates of $490.09 million. CoreLogic had a net margin of 4.86% and a return on equity of 17.10%. The firm’s quarterly revenue was down 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS.

A number of research analysts have issued reports on CLGX shares. Barclays upped their target price on shares of CoreLogic from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Friday, October 27th. Zacks Investment Research lowered shares of CoreLogic from a “hold” rating to a “sell” rating in a report on Monday, October 30th. SunTrust Banks lowered shares of CoreLogic from a “buy” rating to a “hold” rating and set a $46.00 target price on the stock. in a report on Tuesday, November 28th. BidaskClub lowered shares of CoreLogic from a “buy” rating to a “hold” rating in a report on Friday, October 27th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $50.00 target price on shares of CoreLogic in a report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $46.50.

CoreLogic (NYSE:CLGX) opened at $44.19 on Tuesday. The stock has a market cap of $3,593.15, a PE ratio of 21.59, a price-to-earnings-growth ratio of 1.94 and a beta of 0.84. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69. CoreLogic has a 1-year low of $34.59 and a 1-year high of $49.30.

In other news, CEO Frank Martell sold 35,392 shares of the stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $47.11, for a total transaction of $1,667,317.12. Following the transaction, the chief executive officer now directly owns 251,344 shares in the company, valued at approximately $11,840,815.84. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 transaction, the director now owns 8,434 shares in the company, valued at $393,867.80. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. increased its position in CoreLogic by 0.3% during the 2nd quarter. BlackRock Inc. now owns 6,776,233 shares of the business services provider’s stock worth $293,953,000 after purchasing an additional 18,907 shares in the last quarter. Bessemer Group Inc. increased its position in CoreLogic by 2.8% during the 3rd quarter. Bessemer Group Inc. now owns 2,999,746 shares of the business services provider’s stock worth $138,649,000 after purchasing an additional 81,221 shares in the last quarter. State Street Corp increased its position in CoreLogic by 0.7% during the 2nd quarter. State Street Corp now owns 2,261,767 shares of the business services provider’s stock worth $98,111,000 after purchasing an additional 16,697 shares in the last quarter. Schroder Investment Management Group increased its position in CoreLogic by 0.9% during the 3rd quarter. Schroder Investment Management Group now owns 2,107,338 shares of the business services provider’s stock worth $97,254,000 after purchasing an additional 18,675 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in CoreLogic by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,647,527 shares of the business services provider’s stock worth $71,470,000 after purchasing an additional 79,447 shares in the last quarter. Institutional investors and hedge funds own 88.84% 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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