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Carlisle Companies, Inc. - CSL STOCK NEWS

Welcome to our dedicated page for Carlisle Companies news (Ticker: CSL), a resource for investors and traders seeking the latest updates and insights on Carlisle Companies stock.

Carlisle Companies Inc. (CSL) is a global diversified firm engaged in the design, manufacture, and marketing of a wide range of products catering to a broad array of niche markets. These include commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare, and sanitary maintenance.

Organized into two principal segments, Carlisle Construction Materials and Carlisle Weatherproofing Technologies, the company offers an extensive portfolio that includes moisture protection products, protective roofing underlayments, integrated air and vapor barriers, spray polyurethane foam and coating systems, among others. The Carlisle Construction Materials segment represents the bulk of the company's revenue, with more than half of their total revenue generated in the United States.

Known for its innovative approach, Carlisle Companies excels in delivering product solutions that address the unique challenges faced by its customers. This dedication is reflected in the diverse range of industries they serve and their continued focus on quality and customer service.

In 2013, Carlisle Companies had net sales of $2.9 billion, showcasing the significant impact of their global team of employees. The company's strategic direction is driven by decentralized operating units, each led by entrepreneurial management teams committed to enhancing the Carlisle brand's value.

Recent achievements and ongoing projects further underline Carlisle's commitment to excellence. Among these, the development of advanced roofing and weatherproofing technologies stands out, ensuring that the company remains a key player in the commercial building industry.

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Carlisle Companies Incorporated (NYSE: CSL) reported a record fourth quarter for 2021, achieving revenues of $1.4 billion, a 39.2% increase year-over-year. The company's adjusted diluted EPS rose 59.6% to $2.92, driven by strong performance in its Construction Materials segment, which saw a 46.5% revenue increase. Operating income rose 64% to $182.5 million. Despite challenges like supply chain issues, Carlisle maintained price/cost neutrality and continued to focus on growth with share repurchases totaling $316 million. They expect robust growth in 2022 across all segments.

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Carlisle Companies Incorporated (NYSE: CSL) has announced a dividend of $0.54 per share, to be paid on March 1, 2022, to shareholders on record as of February 18, 2022. The company focuses on providing innovative building envelope products and energy-efficient solutions. Through its strategic plan, Vision 2025, Carlisle aims for superior shareholder returns, emphasizing balanced capital deployment, strategic acquisitions, share repurchases, and ongoing dividend increases.

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Carlisle Companies Incorporated (NYSE:CSL) has announced the acquisition of MBTechnology, Inc., a leader in energy-efficient roofing solutions, as part of its Vision 2025 strategy. This acquisition aims to enhance Carlisle's product offerings and expand into West Coast markets, supporting the company's goal of exceeding $15 earnings per share. MBT will integrate into the Carlisle Construction Materials segment, following the recent acquisition of Henry Company. The deal is expected to create significant value through increased capacity and innovative solutions.

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Carlisle Companies Incorporated (NYSE:CSL) will release its fourth quarter 2021 results on February 10, 2022, after market close. A conference call is scheduled for 5 PM ET on the same day to discuss the results, accessible via webcast and telephone. Carlisle focuses on innovative Building Envelope products and energy-efficient solutions, contributing to lower GHG emissions and improved energy savings. The company aims to generate superior shareholder returns through investments, acquisitions, share repurchases, and dividend increases as part of its strategic plan, Vision 2025.

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Carlisle Polyurethane Systems has unveiled an expanded Intellathane product line, focused on high-performance, spray-applied protective coatings. These coatings are designed to resist cracking, flaking, and peeling, providing robust protection in challenging environments. Ideal for industries such as agriculture and mining, the Intellathane line aims to extend the service life of equipment and improve its appearance. The launch aligns with Carlisle's commitment to innovative products that enhance durability and sustainability within various industrial sectors.

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Carlisle Companies (NYSE: CSL) has announced a dividend of $0.54 per share, payable on December 1, 2021. Shareholders of record must hold their shares by the close of business on November 17, 2021. The company continues to focus on sustainable building solutions through its Construction Materials and other business segments while aiming for superior shareholder returns under its strategic plan, Vision 2025.

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Carlisle Companies (NYSE:CSL) reported record third quarter revenue of $1.3 billion, a 19.4% organic increase year-over-year. Diluted EPS rose 12.8% to $2.12, with adjusted EPS increasing 27.2% to $2.99. The acquisition of Henry Company for $1.575 billion is progressing smoothly, enhancing Carlisle's portfolio in Building Products. Challenges from supply chain issues and Hurricane Ida were noted but offset by strong operational performance. Carlisle's cash flow from operations stood at $275.4 million, and they maintained their dividend for the 45th consecutive year.

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Carlisle Companies Incorporated (NYSE:CSL) will release its third quarter 2021 results on October 21, 2021, after market close. The company plans to hold a conference call at 5 PM ET on the same day to discuss the results, accessible via webcast and telephone. Carlisle is recognized for its innovative Building Envelope products and energy-efficient solutions, serving diverse markets including Aerospace and Medical Technologies. The firm emphasizes shareholder returns and strategic investments under its Vision 2025 plan.

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Carlisle Companies (NYSE: CSL) has priced a public offering of $300 million in 0.55% senior notes due September 1, 2023, and $550 million in 2.20% senior notes due March 1, 2032. The offering is expected to close on September 28, 2021. Proceeds will be used to repay $650 million in outstanding debt related to the acquisition of Henry Company, along with fees and general corporate purposes. J.P. Morgan, BofA Securities, and Wells Fargo are the joint book-running managers for the offering.

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Carlisle Companies (NYSE:CSL) has successfully acquired Henry Company for $1.575 billion in cash. This acquisition strengthens Carlisle's Construction Materials (CCM) business, enhancing its offerings in building envelope systems that improve energy efficiency and reduce installation times. The move aligns with Carlisle's Vision 2025 strategy, which focuses on high-return investments and aims to generate over $15 in earnings per share. In 2020, Carlisle reported revenues of $4.2 billion.

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FAQ

What is the current stock price of Carlisle Companies (CSL)?

The current stock price of Carlisle Companies (CSL) is $450.925 as of November 8, 2024.

What is the market cap of Carlisle Companies (CSL)?

The market cap of Carlisle Companies (CSL) is approximately 21.0B.

What does Carlisle Companies Inc. specialize in?

Carlisle Companies Inc. specializes in designing, manufacturing, and marketing a wide range of products for niche markets such as commercial roofing, energy, agriculture, mining, construction, aerospace, foodservice, healthcare, and sanitary maintenance.

How is Carlisle Companies Inc. organized?

Carlisle Companies Inc. is organized into two primary segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.

Where does Carlisle Companies generate most of its revenue?

Most of Carlisle Companies' revenue comes from the Carlisle Construction Materials segment, with more than half of the total revenue earned in the United States.

What kind of products does Carlisle Companies offer?

Carlisle Companies' product portfolio includes moisture protection products, protective roofing underlayments, integrated air and vapor barriers, spray polyurethane foam and coating systems, among others.

How much did Carlisle Companies earn in net sales in 2013?

In 2013, Carlisle Companies reported net sales of $2.9 billion.

What markets does Carlisle Companies serve?

Carlisle Companies serves a variety of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare, and sanitary maintenance.

What drives Carlisle Companies’ business strategy?

Carlisle Companies’ business strategy is driven by decentralized operating units, each led by entrepreneurial management teams focused on enhancing the value of the Carlisle brand.

What are some recent achievements of Carlisle Companies?

Recent achievements of Carlisle Companies include advancements in roofing and weatherproofing technologies, reinforcing their position in the commercial building industry.

What is Carlisle Companies' approach to customer service?

Carlisle Companies is dedicated to delivering the highest quality products and providing unparalleled customer service across the many industries they serve.

What is Carlisle Companies' impact on the global market?

With a significant portion of revenue generated in the United States, Carlisle Companies has a global impact, driven by their diverse product offerings and commitment to innovation and quality.

Carlisle Companies, Inc.

NYSE:CSL

CSL Rankings

CSL Stock Data

21.04B
46.24M
0.95%
93.1%
1.95%
Building Products & Equipment
Fabricated Rubber Products, Nec
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United States of America
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