Wall Street brokerages expect Corelogic Inc (NYSE:CLGX) to report $0.47 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Corelogic’s earnings, with the highest EPS estimate coming in at $0.50 and the lowest estimate coming in at $0.44. Corelogic posted earnings per share of $0.55 in the same quarter last year, which suggests a negative year-over-year growth rate of 14.5%. The firm is expected to report its next earnings results on Monday, February 25th.

According to Zacks, analysts expect that Corelogic will report full-year earnings of $2.72 per share for the current financial year, with EPS estimates ranging from $2.69 to $2.75. For the next year, analysts expect that the firm will post earnings of $2.79 per share, with EPS estimates ranging from $2.64 to $3.00. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that follow Corelogic.

Corelogic (NYSE:CLGX) last released its earnings results on Wednesday, October 24th. The business services provider reported $0.72 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.05). The company had revenue of $451.77 million during the quarter, compared to analysts’ expectations of $476.84 million. Corelogic had a net margin of 9.46% and a return on equity of 19.41%. The firm’s revenue 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.

A number of analysts recently commented on the stock. Oppenheimer dropped their price target on shares of Corelogic from $53.00 to $46.00 and set an “outperform” rating on the stock in a research note on Friday, October 26th. Compass Point dropped their price target on shares of Corelogic from $46.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, October 26th. Zacks Investment Research upgraded shares of Corelogic from a “sell” rating to a “hold” rating in a research note on Tuesday, December 25th. Barclays restated a “buy” rating and set a $58.00 price target on shares of Corelogic in a research note on Sunday, December 16th. Finally, Deutsche Bank set a $45.00 price target on shares of Corelogic and gave the company a “hold” rating in a research note on Thursday, October 25th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $47.78.

Shares of CLGX stock traded down $0.12 during trading on Wednesday, reaching $35.03. 2,853 shares of the company’s stock traded hands, compared to its average volume of 405,600. The stock has a market capitalization of $2.81 billion, a P/E ratio of 17.96, a PEG ratio of 1.30 and a beta of 0.85. 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 has a 1 year low of $31.87 and a 1 year high of $55.79.

In related news, CEO Frank Martell sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $40.04, for a total transaction of $400,400.00. Following the sale, the chief executive officer now owns 272,343 shares of the company’s stock, valued at approximately $10,904,613.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John C. Dorman sold 8,723 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $39.74, for a total transaction of $346,652.02. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Corelogic by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 7,566,188 shares of the business services provider’s stock worth $373,846,000 after acquiring an additional 95,142 shares during the period. Vanguard Group Inc increased its holdings in Corelogic by 1.3% during the 3rd quarter. Vanguard Group Inc now owns 7,566,188 shares of the business services provider’s stock worth $373,846,000 after acquiring an additional 95,142 shares during the period. BlackRock Inc. increased its holdings in Corelogic by 0.9% during the 2nd quarter. BlackRock Inc. now owns 7,195,143 shares of the business services provider’s stock worth $373,426,000 after acquiring an additional 61,325 shares during the period. Bessemer Group Inc. increased its holdings in Corelogic by 0.7% during the 3rd quarter. Bessemer Group Inc. now owns 3,019,863 shares of the business services provider’s stock worth $149,212,000 after acquiring an additional 21,096 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Corelogic by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,498,697 shares of the business services provider’s stock worth $123,461,000 after acquiring an additional 96,247 shares during the period. 92.17% of the stock is currently owned by institutional investors and hedge funds.

About Corelogic

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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