News headlines about Corelogic (NYSE:CLGX) have trended very positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Corelogic earned a daily sentiment score of 3.86 on their scale. InfoTrie also gave news headlines about the business services provider an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Corelogic’s score:
- CoreLogic Expands Flood and Hail Solutions in Canadian Market (insurancejournal.com)
- CoreLogic Expands Share Repurchase Program and Confirms 2018 Repurchase Target (businesswire.com)
- Roostify taps CoreLogic exec to lead marketing (mpamag.com)
- September home prices inch up in metro Phoenix, outpacing national average (finance.yahoo.com)
- Did CoreLogic Inc (NYSE:CLGX) Use Debt To Deliver Its ROE Of 17%? (finance.yahoo.com)
CLGX opened at $40.43 on Friday. The stock has a market cap of $3.20 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 1.53 and a beta of 0.68. Corelogic has a twelve month low of $38.67 and a twelve month high of $55.79. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.69.
Corelogic (NYSE:CLGX) last posted its earnings results on Wednesday, October 24th. The business services provider reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.05). The firm had revenue of $451.77 million during the quarter, compared to analyst estimates of $476.84 million. Corelogic had a net margin of 9.46% and a return on equity of 19.41%. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 earnings per share. Equities analysts predict that Corelogic will post 2.36 EPS for the current year.
A number of equities analysts recently weighed in on the stock. Deutsche Bank set a $45.00 price target on shares of Corelogic and gave the stock a “hold” rating in a research report on Thursday, October 25th. Zacks Investment Research lowered shares of Corelogic from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. ValuEngine lowered shares of Corelogic from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. Compass Point lowered their price target on shares of Corelogic from $46.00 to $43.00 and set a “neutral” rating on the stock in a research report on Friday, October 26th. Finally, Piper Jaffray Companies lowered their price target on shares of Corelogic from $56.00 to $51.00 and set a “neutral” rating on the stock in a research report on Friday, July 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $49.60.
In other Corelogic news, Director Mary Lee Widener sold 700 shares of the business’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $50.50, for a total value of $35,350.00. Following the transaction, the director now directly owns 8,233 shares in the company, valued at approximately $415,766.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frank Martell sold 10,000 shares of the business’s stock in a transaction dated Wednesday, August 15th. The shares were sold at an average price of $49.05, for a total transaction of $490,500.00. Following the completion of the transaction, the chief executive officer now owns 282,343 shares in the company, valued at $13,848,924.15. The disclosure for this sale can be found here. Insiders sold a total of 31,350 shares of company stock worth $1,556,128 over the last quarter. 1.20% of the stock is currently owned by company insiders.
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Corelogic Company Profile
CoreLogic, Inc provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. The company's Property Intelligence segment owns or licenses loan information, property sales and characteristic information, property risk and replacement cost, natural hazard data, geospatial data, parcel maps, and mortgage-backed securities information.
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