CaliberCos (NASDAQ:CWD) Announces Earnings Results

CaliberCos (NASDAQ:CWD) announced its quarterly earnings results on Thursday. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.21), Zacks reports. CaliberCos had a negative return on equity of 160.62% and a negative net margin of 122.65%.

CaliberCos Stock Performance

Shares of NASDAQ CWD traded up $0.02 during midday trading on Thursday, hitting $0.67. 309,169 shares of the company traded hands, compared to its average volume of 2,431,532. CaliberCos has a 12-month low of $0.43 and a 12-month high of $48.00. The stock has a 50-day moving average price of $0.71 and a 200 day moving average price of $1.00. The firm has a market cap of $5.66 million, a P/E ratio of -0.09 and a beta of -0.04.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in CaliberCos during the fourth quarter worth about $28,000. Jane Street Group LLC bought a new stake in shares of CaliberCos in the fourth quarter worth approximately $31,000. Finally, Geode Capital Management LLC purchased a new stake in CaliberCos during the 4th quarter valued at $39,000. Institutional investors own 4.06% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CaliberCos in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently 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.