Sidoti Csr Has Positive View of CaliberCos FY2024 Earnings

CaliberCos Inc. (NASDAQ:CWD) – Stock analysts at Sidoti Csr increased their FY2024 earnings per share estimates for CaliberCos in a research report issued to clients and investors 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 prior forecast 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 issued 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. CaliberCos had a negative net margin of 16.19% and a negative return on equity of 13.02%. The company had revenue of $11.30 million during the quarter. During the same quarter in the prior year, the firm earned ($0.16) EPS.

CaliberCos Stock Performance

Shares of CWD stock opened at $0.58 on Monday. The firm’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.73. The stock has a market cap of $12.70 million, a PE ratio of -1.15 and a beta of 0.56. CaliberCos has a 52-week low of $0.49 and a 52-week high of $1.74.

Hedge Funds Weigh In On CaliberCos

A hedge fund recently raised its stake in CaliberCos stock. Koshinski Asset Management Inc. raised its position in CaliberCos Inc. (NASDAQ:CWD) by 90.0% in the 3rd quarter, according to its most recent Form 13F filing 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 approximately 0.50% of CaliberCos worth $69,000 as of its most recent filing with the SEC. Institutional investors own 4.06% of the company’s stock.

About CaliberCos

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.