|Bid||47.49 x 1100|
|Ask||47.50 x 800|
|Day's Range||47.30 - 48.45|
|52 Week Range||31.87 - 51.28|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||123.67|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.86|
Data from CoreLogic shows that price increases for the home rentals in the Valley area were more than twice the national average. Experts weigh in on what's next for the rental market.
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report. The report shows that nationally 3.6% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in May 2019, representing a 0.6 percentage point decline in the overall delinquency rate compared with May 2018, when it was 4.2%. This marks the second consecutive month the rate has been at its lowest point in more than 20 years.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CoreLogic, Inc. New York, August 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CoreLogic, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Home prices in North Texas continue to rise overall, albeit at a slower pace, with the western side of the Dallas-Fort Worth Metroplex escalating faster than the eastern side.
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for June 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.4% from June 2018. Single-family home prices stand at an all-time high and continue to increase on an annual basis, with the CoreLogic HPI Forecast indicating annual price growth will increase by 5.2% from June 2019 to June 2020.
(Bloomberg) -- Signs are strengthening that Australia’s two-year property slump is over, with house prices eking out a small gain last month.Home values rose 0.1% in the combined state and territory capitals in July, CoreLogic Inc. data released Thursday showed. Sydney and Melbourne, the nation’s two largest property markets, led the gains, with prices rising 0.2% in each city.The housing market “may have found a floor in July” Tim Lawless, CoreLogic’s head of research said in a statement. “Lower mortgage rates, improved access to credit, a boost in housing market confidence post the federal election and recent tax cuts are the likely primary drivers.”Restricted housing supply is also helping boost property values as buyers return to the market, Lawless added.Underpinning signs prices have bottomed, auction clearance rates in Sydney and Melbourne held above 70% last month, compared to below 50% in the depths of the slump.What Bloomberg’s Economists Say“Further signs of stabilization in Australia’s housing market should buttress household spending in 3Q, allowing the Reserve Bank of Australia to preserve its remaining conventional policy ammunition.” \--Tamara Mast Henderson, EconomistClick here for the full report Still, a rapid rebound in prices is unlikely, according to Lawless.“There is no sign of a V-shaped recovery,” he said. “Policy makers will be keeping a close eye for signs of investor exuberance, or a more rapid acceleration in the recovery trend. If values were to start accelerating rapidly, there could be a renewed round of policy responses aimed at keeping a lid on housing prices.”Apartments outperformed houses in Sydney and Melbourne last month, even with an “unprecedented” number of unit blocks being built in the two cities, Lawless said. 80,000 Reasons Why Australian Housing Will Struggle“We may see some dampening of unit values in coming months across those precincts where supply is elevated, as the large number of high-rise off-the-plan apartment sales moves into the re-sale market.”To contact the reporter on this story: Sybilla Gross in Sydney at email@example.comTo contact the editors responsible for this story: Edward Johnson at firstname.lastname@example.org, Peter VercoeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
— Annual index from CoreLogic shows decreased risk and rising incomes for applicants of low rent properties —
CoreLogic (CLGX) delivered earnings and revenue surprises of 9.33% and 4.04%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Successful Execution Against Strategic Initiatives, Productivity and Share Repurchase Highlight Strong Financial and Operational Results; 2019 Full-Year Guidance Increased
CoreLogic ® (CLGX), a leading global property information, analytics and data-enabled solutions provider, recently released its special report evaluating “The Role of Housing in the Longest Economic Expansion.” This year, the report analyzes the U.S. housing market’s impact on the latest 121-month economic expansion – the longest in the nation’s history. The percent of homes with negative equity went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Since June 2009, home prices and rents have continued to grow.
CoreLogic (CLGX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Hurricane Barry, which battered Louisiana in early July, is estimated to have caused $500 million to $900 million of flood and wind losses, according to real estate services provider CoreLogic . The storm caused flood losses of $200 million to $400 million to residential and commercial properties, including from storm surge and inland flooding. Wind losses are estimated at an additional $300 million to $500 million. Excluding National Flood Insurance Program losses, insured flood and wind losses are estimated at $300 million to $600 million. "Insured residential and commercial flood loss covered by the NFIP is estimated to be between $100 million and $200 million," CoreLogic said in a statement. "Uninsured flood loss is estimated to be approximately $100 million. "
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced residential and commercial flood and wind loss estimates for Hurricane Barry. According to this data analysis, flood loss for residential and commercial properties in Louisiana is estimated to be between $200 million and $400 million which includes both storm surge and inland flooding. Insured flood loss from private insurers is estimated at less than $100 million.
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its special report evaluating “The Role of Housing in the Longest Economic Expansion.” This year, the report analyzes the U.S. housing market’s impact on the latest 121-month economic expansion – the longest in the nation’s history. The percent of homes with negative equity went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Total home equity hit a record of $15.8 trillion at the end of the first quarter of 2019, up from $6.1 trillion in the first quarter of 2009.
CoreLogic (CLGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dallas-Fort Worth residents seeking shelter from rising home sale prices in the single-family rental market aren’t necessarily finding it.
How much information do Realtors keep among themselves, and what should be made transparent to housing market buyers and sellers?
CoreLogic® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 339,480 homes in Louisiana are at moderate-to-extreme risk of tropical storm-driven flash flood damage from Tropical Storm Barry. Homeowners are required to purchase flood insurance in these designated areas when their mortgages are backed by the federal government. CoreLogic hydrological analysis of flash flood risk in the likely impacted areas estimates that 26% of the homes have moderate-to-extreme flash flood risk.
Good news for homeowners: A new loan performance insights report from CoreLogic (NYSE: CLGX) shows metro Orlando's 30 days or more mortgage delinquency rate fell by 3 percentage points, from 6.9% to 3.9% in April when compared with the same month in 2018. Similarly, Central Florida's serious mortgage delinquency rate — 90 days or more past due, including loans in foreclosure — fell from 4.4% to 1.5% over the one-year period. Metro Miami's 30 days or more mortgage delinquency rate fell from 8.4% to 4.8% year-over-year in April, and its serious mortgage delinquency rate dropped from 5.4% to 2% during that same period.