CaliberCos (NASDAQ:CWD) Announces Earnings Results

CaliberCos (NASDAQ:CWD) released its quarterly earnings data on Wednesday. The company reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.27), FiscalAI reports. CaliberCos had a negative net margin of 122.65% and a negative return on equity of 437.44%. The firm had revenue of $4.29 million for the quarter, compared to the consensus estimate of $4.40 million.

CaliberCos Stock Down 10.7%

NASDAQ:CWD traded down $0.12 during trading hours on Friday, hitting $1.00. 129,293 shares of the stock traded hands, compared to its average volume of 283,780. CaliberCos has a 1 year low of $0.80 and a 1 year high of $48.00. The company has a market cap of $6.68 million, a price-to-earnings ratio of -0.13 and a beta of -0.28. The stock has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.54.

Institutional Investors Weigh In On CaliberCos

Large investors have recently bought and sold shares of the business. XTX Topco Ltd bought a new stake in CaliberCos in the fourth quarter worth $28,000. Jane Street Group LLC bought a new position in CaliberCos during the fourth quarter valued at $31,000. Finally, Geode Capital Management LLC bought a new position in CaliberCos during the fourth quarter valued at $39,000. Institutional investors own 4.06% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a research note on Monday, April 20th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, CaliberCos has a consensus rating of “Reduce”.

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. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.