Corelogic is a global property information, analytics and data-enabled services provider for the real estate and mortgage finance, insurance, capital markets, and the public sector. The company was founded in 1894 and is based in Irvine, California.
CLGX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Corelogic Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Corelogic Inc ranked in the 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 9.5%. In terms of the factors that were most noteworthy in this DCF analysis for CLGX, they are:
Corelogic Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 18.77% of tickers in our DCF set.
Corelogic Inc's effective tax rate, as measured by taxes paid relative to net income, is at 17 -- greater than 68.08% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Technology), Corelogic Inc has a reliance on debt greater than 73.22% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Corelogic Inc? See DAVA, PRGS, SOL, CDW, and CRUS.
In the week ended 24 September 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.08%: It was the 20th consecutive weekly decline.There are 783 words left in this subscriber-only article.Start your free 14-day trial today!YOU MAY ALSO BE INTERESTED INWhen to the buy the gold
IRVINE, Calif.--(BUSINESS WIRE)-- #Foreclosure--CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the second quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 6.6% year over year. This represents a collective equity gain of $620 billion, and an average gain of $9,800 per homeowner, since the second quarter of
CoreLogic’s preliminary auction clearance rate surged, with 72.4% of reported auctions cleared versus 67.3% last weekend: Sydney’s preliminary clearance rate strengthened again with 72.4% of reported auctions sold, up from 70.4% last weekend.There are 730 words left in this subscriber-only article.Start your free 14-day trial today!YOU MAY ALSO BE INTERESTED INCoreLogic: Inner-city rents hammeredThe latest
The latest rental data from CoreLogic reveals that apartment rents across Sydney and Melbourne have been hammered since the onset of the COVID-19 pandemic, falling by 4.2% and 4.4% respectively between March and August: CoreLogic’s head of research, Eliza Owen, has released additional data showing that properties closer to the city are more likely to