Carlisle Companies: Roof Demand Drives Growth

Treading SoftlyInvesting GroupFollow5ShareSavePlay(9min)CommentsSummaryCarlisle Companies is positioned for strong growth, driven by aging U.S. commercial roofs and stricter energy standards.CSL targets $40 adjusted EPS by 2030, with consensus projecting robust double-digit EPS growth through 2028.Shares trade at a 16% discount to fair value, with a forward PE of 15.5 versus a 10-year average of 19.7.Dividend growth is supported by a low payout ratio, with 10%+ annual increases likely and potential for 16% annual total returns through 2031.Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More » BackyardProduction/iStock Editorial via Getty Images Co-authored by Kody's Dividends Can you think of some of the basic needs for humans? For some, the list of basic needs for humanity is that of food, water, and shelter: something to eat, something to drink, and somewhere to stay safe from the elements.This article was written byTreading Softly4.47K FollowersFollowScott Kaufman, aka Treading Softly, learned about investing firsthand from over a decade of financial sector experience. He is the lead analyst for Dividend Kings providing actionable insight into high quality dividend growing and undervalued opportunities. His focus is to see a bountiful harvest of cash dividends and strong capital gains, providing a robust total return.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Kody's Dividends, Justin Law, and Rachel Kaufman are part of the Dividend Kings teamSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.