Carlisle Stock Price, News & Analysis

Carlisle Companies Incorporated (NYSE:CSL) has announced a dividend of $0.75 per share, payable on December 1, 2022. Shareholders on record by the close of business on November 17, 2022 will qualify for this dividend. The company focuses on providing innovative building envelope products and energy-efficient solutions aimed at sustainable building practices. Carlisle is committed to delivering superior shareholder returns through strategic investments and consistent dividend increases as part of its Vision 2025 growth strategy.

Carlisle Companies (NYSE: CSL) will present at the Baird Industrial Conference on November 9, 2022, in Chicago, IL. The company is a leader in Building Envelope products and energy-efficient solutions, committed to sustainability and reducing greenhouse gas emissions. Through its strategic plan, Vision 2025, Carlisle aims for superior shareholder returns via investments, acquisitions, and dividends. Additionally, Carlisle provides products for Aerospace, Medical Technologies, and General Industrial markets.

Carlisle Companies reported record revenues for Q3 2022, reaching $1.8 billion, up 36.4% year-over-year. GAAP diluted EPS surged to $4.84, marking an 128.3% increase from last year. Key drivers included strong U.S. non-residential construction demand and interest in sustainable solutions. Share repurchases amounted to $26 million, with a total of $201 million for the year. The annual dividend rose 39% to $3.00, the 46th consecutive increase.

Despite challenges from inflation and rising interest rates, the outlook remains positive, with expected revenue growth of 35-40% for the full year.

Carlisle Companies Incorporated (NYSE:CSL) announced a special stock option grant for eligible U.S. employees and a cash award for international employees. This grant is part of Carlisle's strategy to encourage employee ownership and align their interests with the company's long-term objectives. CEO Chris Koch highlighted the dedication of employees despite recent challenges and reaffirmed commitment to Vision 2025, aimed at enhancing shareholder returns through innovative solutions in sustainable building products and energy efficiency.

Carlisle Companies Incorporated (NYSE:CSL) is set to release its third quarter 2022 results on October 27, 2022, post-market close. A conference call for discussion will take place at 5pm ET, accessible via webcast and telephone. The company emphasizes its commitment to innovative and sustainable building materials, aiming for lower greenhouse gas emissions and enhanced building resilience. Carlisle's strategic plan, Vision 2025, focuses on delivering superior shareholder returns, including strategic acquisitions and dividend increases.

Carlisle TyrFil, a leader in polyurethane flatproofing technology, announced its 2022 reforestation initiative to aid endangered forests in North America. Collaborating with American Forests, the initiative focuses on planting seedlings in Essex County, Ontario, as part of local conservation programs. The project, under the "One Tote, One Tree" campaign, will restore 218 acres, enhancing biodiversity and supporting at-risk species. This effort aligns with Carlisle's commitment to sustainable practices, reducing environmental impact through eco-friendly tire solutions.