CaliberCos (NASDAQ:CWD – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.27), FiscalAI reports. The company had revenue of $4.29 million for the quarter, compared to the consensus estimate of $4.40 million. CaliberCos had a negative net margin of 122.65% and a negative return on equity of 437.44%.
CaliberCos Trading Down 10.7%
NASDAQ:CWD traded down $0.12 during mid-day trading on Friday, hitting $1.00. The stock had a trading volume of 129,293 shares, compared to its average volume of 126,907. The stock has a market capitalization of $6.68 million, a price-to-earnings ratio of -0.13 and a beta of -0.28. The company has a 50 day simple moving average of $1.16 and a 200-day simple moving average of $1.54. CaliberCos has a 52 week low of $0.80 and a 52 week high of $48.00.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CaliberCos in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, CaliberCos presently has an average rating of “Reduce”.
Hedge Funds Weigh In On CaliberCos
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC acquired a new stake in CaliberCos in the 4th quarter valued at approximately $39,000. Jane Street Group LLC acquired a new stake in CaliberCos in the 4th quarter valued at approximately $31,000. Finally, XTX Topco Ltd acquired a new stake in CaliberCos in the 4th quarter valued at approximately $28,000. 4.06% of the stock is owned by 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. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.
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