FY2024 Earnings Forecast for CaliberCos Issued By Sidoti Csr

CaliberCos Inc. (NASDAQ:CWD) – Sidoti Csr boosted their FY2024 earnings estimates for shares of CaliberCos in a research note issued to investors on Wednesday, November 13th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings of ($0.38) per share 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 released 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 return on equity of 13.02% and a negative net margin of 16.19%. The company had revenue of $11.30 million during the quarter. During the same quarter in the prior year, the business posted ($0.16) EPS.

CaliberCos Stock Performance

Shares of CaliberCos stock opened at $0.48 on Monday. The stock has a 50 day moving average price of $0.63 and a 200-day moving average price of $0.73. CaliberCos has a one year low of $0.45 and a one year high of $1.74. The stock has a market cap of $10.65 million, a price-to-earnings ratio of -1.15 and a beta of 0.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CaliberCos stock. Koshinski Asset Management Inc. boosted its position in shares of CaliberCos Inc. (NASDAQ:CWD) by 90.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,000 shares of the company’s stock after purchasing an additional 52,094 shares during the period. Koshinski Asset Management Inc. owned about 0.50% of CaliberCos worth $69,000 as of its most recent SEC filing. 4.06% of the stock is owned by hedge funds and other institutional investors.

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.