FY2024 Earnings Forecast for CaliberCos Issued By Sidoti Csr

CaliberCos Inc. (NASDAQ:CWD) – Equities research analysts at Sidoti Csr raised their FY2024 earnings per share estimates for CaliberCos in a report issued on Wednesday, November 13th. Sidoti Csr analyst B. Mccarthy now expects that the company will post earnings per share of ($0.38) for the year, up from their previous estimate of ($0.57). The consensus estimate for CaliberCos’ current full-year earnings is ($0.38) per share. Sidoti Csr also issued estimates for CaliberCos’ Q4 2024 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.06 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.06 EPS and FY2026 earnings at $0.21 EPS.

CaliberCos (NASDAQ:CWD) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.14. The company had revenue of $11.30 million for the quarter. CaliberCos had a negative net margin of 16.19% and a negative return on equity of 13.02%. During the same period in the prior year, the business earned ($0.16) EPS.

CaliberCos Stock Performance

Shares of NASDAQ:CWD opened at $0.48 on Monday. The firm’s 50 day simple moving average is $0.63 and its 200-day simple moving average is $0.73. CaliberCos has a one year low of $0.45 and a one year high of $1.74. The firm has a market cap of $10.65 million, a PE ratio of -1.15 and a beta of 0.56.

Hedge Funds Weigh In On CaliberCos

An institutional investor recently raised its position in CaliberCos stock. Koshinski Asset Management Inc. increased its holdings in shares of CaliberCos Inc. (NASDAQ:CWD) by 90.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 110,000 shares of the company’s stock after purchasing an additional 52,094 shares during the period. Koshinski Asset Management Inc. owned 0.50% of CaliberCos worth $69,000 as of its most recent SEC filing. 4.06% of the stock is currently owned by hedge funds and other institutional investors.

CaliberCos Company Profile

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group.