STOCK TITAN

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Carlisle Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Carlisle Companies's position in the market.

Rhea-AI Summary

Carlisle Companies Incorporated (NYSE: CSL) has elected Robin J. Adams as the new Lead Independent Director, succeeding Gregg A. Ostrander. Adams, a Director since 2009, brings extensive experience in industrial business attributes and corporate governance. The company remains focused on its Vision 2030 strategies under Adams' leadership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary

Carlisle Companies Incorporated (NYSE:CSL) plans to invest over $45 million to expand its Research & Innovation Center in Carlisle, Pennsylvania. The expansion aims to accelerate new product development, increase annual revenue, and align with Carlisle's Vision 2030 strategy. The center will add 50,000 sq ft of lab space, work areas, and equipment stations, doubling the current research space. The investment reflects a commitment to growth, innovation, and sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary

Carlisle Companies Incorporated (NYSE:CSL) has completed the acquisition of MTL Holdings for $410 million in cash. MTL is a leading provider of prefabricated metal systems and architectural wall panels for commercial, institutional, and industrial buildings. The acquisition aligns with Carlisle's Vision 2030 strategy and focus on building products, innovation, talent retention, and sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
Rhea-AI Summary

Carlisle Companies Incorporated (CSL) has declared a regular quarterly dividend of $0.85 per share, payable on June 3, 2024, to shareholders of record on May 20, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
dividends
-
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) reported strong first quarter 2024 financial results with a diluted EPS of $3.52, an increase of 85% YoY, and revenue of $1.1 billion, up by 23% YoY. The company expanded its operating margin to 20.5% and adj. EBITDA margin to 24.2%, marking a 530 bps YoY increase. They signed agreements to sell CIT and acquire MTL, raising their 2024 outlook to include ~10% revenue growth and >100 bps margin expansion. The company's performance was driven by growth in construction markets, synergies from acquisitions, and ongoing initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.85%
Tags
-
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) announces the release of first quarter 2024 results and a scheduled conference call to discuss the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
Rhea-AI Summary
Armstrong World Industries, Inc. appoints Dawn Kirchner-King as SVP, chief human resources officer, bringing over 30 years of experience to lead the company's people strategy and foster a culture of excellence and inclusivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) has announced the acquisition of MTL Holdings for $410 million in cash, positioning Carlisle as a leader in the $4B architectural metal segment. The purchase is expected to add approximately $0.60 of adjusted EPS in 2025 and generate cost synergies of $13 million within the first three years. MTL, a provider of pre-fabricated edge metal for commercial roofing systems, brings a strong management team and a premium portfolio to Carlisle, enhancing its position in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
-
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) reported record 4th quarter results with GAAP diluted EPS of $3.91 and adjusted EPS of $4.17, revenues of $1.1 billion, and operating margin of 22.5%. The company launched Vision 2030 strategy, signed an agreement to sell CIT, and announced a 2024 outlook with mid-single-digit revenue growth and expanding EBITDA margins. The fourth quarter 2023 revenue decreased 1.9% year-over-year, and the company expects combined benefits from a backlog of roofing projects and tailwinds from prior-year customer destocking to help mitigate potential macro-economic risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.65%
Tags
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) announced that its Sikeston, Missouri facility received the first-ever LEED Platinum v4 certification in North America for a manufacturing facility. The facility delivers a 38% improvement in building performance while generating over 10% of its energy used through renewable solar power. The company's commitment to Vision 2030 sustainability objectives is evident in this investment, showcasing its dedication to manufacturing energy-efficient products, reducing operational emissions, and diverting landfill waste. Carlisle's focus on providing innovative, energy-efficient building products and solutions to the commercial and residential construction markets is highlighted through the utilization of products like Sure-Weld® EXTRA TPO White Roofing Membrane, SecurShield® HD Composite Polyiso Insulation, and Barrithane™ Air and Vapor Barriers in the construction of this LEED Platinum v4 certified manufacturing facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Carlisle Companies, Inc.

NYSE:CSL

CSL Rankings

CSL Stock Data

19.30B
47.18M
0.89%
91.31%
1.35%
Plastics Material and Resin Manufacturing
Manufacturing
Link
United States of America
SCOTTSDALE

About CSL

carlisle companies incorporated is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare and sanitary maintenance. through our group of decentralized operating companies led by entrepreneurial management teams we bring innovative product solutions to solve the challenges facing our customers. our worldwide team of employees, who generated $2.9 billion in net sales in 2013, are focused on continuously improving the value of the carlisle brand by developing the best products, ensuring the highest quality and providing unequaled customer service in the many industries we serve.