As U.S. markets head into the Wednesday, November 26, 2025 session, CSL stock — Carlisle Companies Incorporated (NYSE:CSL) — is back on traders’ radar after a sharp rebound in the latest session, even though the shares remain deep in a year‑long slump.
Note: This article covers Carlisle Companies (NYSE:CSL), not CSL Limited on the Australian Securities Exchange (ASX:CSL / OTC:CSLLY).
CSL stock price today (for 11‑26‑2025)
The most recent completed trading session for Carlisle Companies was Tuesday, November 25, 2025. According to the company’s own investor relations data, CSL stock closed at $316.32, up 3.68% on the day. [1]
Key price stats as of that close:
- Last close: $316.32
- Daily move: +$11.23 (+3.68%)
- Intraday range: roughly $307.87 – $318.74
- Previous close: $305.09
- Volume: about 429,000 shares, modestly below the recent 20‑day average (~567,000 shares) [2]
- Market cap: about $13.2 billion [3]
From a 12‑month perspective, CSL’s move yesterday is a bounce inside a much larger downtrend:
- 52‑week range:$293.43 – $466.86
- At $316.32, the stock sits about 32% below its 52‑week high and only around 8% above its recent low, hit just days ago when CSL printed a new 1‑year low near $293.43. [4]
- Over the past year, total return (including dividends) is in the low‑30% negative range, depending on the data provider. [5]
Short‑term performance has stabilized:
- Roughly +5% over the last week, but still negative mid‑single digits over the last month and double‑digit negative year‑to‑date on a total‑return basis. [6]
In other words, CSL stock is rebounding but still in the “cheap for a reason?” bucket for many investors.
Why did CSL stock bounce? Context after a tough autumn
Several overlapping storylines explain why CSL can jump nearly 4% in a single session while still trading near its lows.
1. Q3 2025 results: resilient margins, softer growth
Carlisle reported third‑quarter 2025 earnings on October 29: [7]
- Revenue: $1.35 billion, up 1% year‑over‑year and slightly ahead of Wall Street estimates.
- Operating margin:21.8%.
- Adjusted EBITDA margin:25.9% (with the flagship Construction Materials segment at ~30.2%).
- Diluted EPS: $4.97 (GAAP), down about 6% from the prior year.
- Adjusted EPS: $5.61, down about 3% year‑over‑year but ahead of the consensus estimate of roughly $5.47. [8]
The quarter showed flat volumes and mild margin compression, but margins remain robust in the low‑ to mid‑20s. Management highlighted:
- Healthy commercial re‑roofing demand helping offset weakness in new construction.
- Ongoing “channel disruption” as distributors adjust inventory levels. [9]
Carlisle also revised full‑year guidance to:
- Flat revenue vs. 2024, and
- Adjusted EBITDA margin down about 250 basis points, yet still “firmly in the mid‑20s,” underscoring the company’s profitability even in a slower cycle. [10]
2. Vision 2030 and capital‑return story
Management repeatedly references its “Vision 2030” goal of reaching $40 of adjusted EPS over the decade, a target echoed by at least one institutional investor that continues to hold CSL despite recent weakness. [11]
The capital‑allocation backdrop is aggressive:
- Free cash flow (last 12 months): about $1.02 billion, implying a free‑cash‑flow margin just over 20%. [12]
- Share repurchases: 0.8 million shares repurchased in Q3 for $300 million; $1.0 billion of buybacks year‑to‑date and a full‑year 2025 repurchase target of $1.3 billion. [13]
- Dividend: Carlisle recently raised its quarterly dividend by 10% to $1.10 per share, payable on December 1, 2025 to shareholders of record on November 14 — marking 49 consecutive years of dividend increases. [14]
With an annual dividend of $4.40 per share, CSL yields around 1.4% at current prices, and the payout ratio sits below 25% — leaving plenty of room for further hikes. [15]
When you combine the ~1.4% dividend yield with a buyback yield near 8%, Carlisle’s total shareholder yield is just over 9%, which is one reason value‑oriented investors are sniffing around the stock. [16]
3. Leadership changes in the core roofing business
Earlier this month, Carlisle announced a key leadership transition in its largest business, Carlisle Construction Materials (CCM): [17]
- Jason Taylor (formerly at Beacon Building Products / QXO, a major roofing distributor) becomes President of CCM.
- Long‑time leader Steve Schwar moves to Vice Chair of CCM to support the transition.
Taylor brings deep roofing‑industry relationships and a track record of growth, which the market sees as supportive for Carlisle’s re‑roof‑heavy business model over the next cycle.
4. Sentiment swing after setting a new 52‑week low
Only a few days ago, CSL made headlines for the opposite reason:
- On November 21, 2025, the stock hit a new 52‑week low of $293.43, trading around $294.95 intraday, down nearly 3% at one point. [18]
That slide followed months of negative momentum:
- Some research houses cut price targets into the mid‑$300s.
- A fund letter highlighted near‑term risk to commercial roofing and inventory normalization at distributors, even while calling Carlisle “an excellent business with high margins and recurring revenue.” [19]
Yesterday’s bounce, plus fresh valuation pieces from outlets like Simply Wall St and Yahoo/MarketBeat, look like a classic relief rally after “too far, too fast” downside rather than a full trend reversal — at least so far. [20]
Fundamentals at a glance: Carlisle is still a high‑margin cash machine
From a pure fundamentals standpoint, CSL stock still checks many “quality” boxes despite its lower share price.
Profitability & balance sheet
Over the last 12 months, Carlisle has delivered: [21]
- Revenue: ~$5.0 billion
- Net income: ~$775 million
- Net margin: ~15.5%
- Operating margin: ~20.3%
- Free‑cash‑flow margin: ~20.3%
- Return on equity (ROE):>32%
- Return on invested capital (ROIC): ~12.8%
Financial position:
- Current ratio: about 3.25
- Quick ratio: about 2.5
- Total debt: ~$2.9 billion against $1.1 billion in cash, for net debt around $1.8 billion.
- Debt/EBITDA: roughly 2.3x, with interest coverage near 15x. [22]
That combination — strong margins, high returns on capital, and moderate leverage — is why Carlisle has long been viewed as a compounder rather than a “story stock.”
Segment trends: roofing still doing the heavy lifting
Q3 segment data underscores the macro picture: [23]
- Carlisle Construction Materials (CCM):
- Revenue up slightly (+0.3%, flat organically) to ~$1.0B.
- Adjusted EBITDA margin still a hefty ~30%, despite inflation and higher operating costs.
- Carlisle Weatherproofing Technologies (CWT):
- Revenue up 3% but organically down ~8% as residential and commercial end‑markets remain soft.
- Adjusted EBITDA margin ~17%, pressured by lower volumes.
This reinforces the narrative that re‑roofing and retrofit demand are offsetting weakness in new builds, but not completely insulating Carlisle from the broader construction slowdown.
CSL stock valuation: discounted quality or value trap?
Where CSL sits on the value/growth spectrum depends on which lens you use.
Traditional multiples
Based on the latest close around $316: [24]
- Trailing P/E: ~18x
- Forward P/E: ~15.8x (using consensus EPS estimates).
- Price‑to‑Sales: ~2.7x
- Price‑to‑Free‑Cash‑Flow: ~13x (FCF yield ~7.7%).
- Price‑to‑Book: ~6.4x
These are not deep “cigar‑butt” value multiples, but for a high‑margin, asset‑light industrial with long dividend history, they’re reasonable compared to historic levels and peers.
Discounted cash flow & peer comparisons
A recent DCF analysis from Simply Wall St estimates Carlisle’s intrinsic value around $296 per share based on projected free cash flows, implying the stock trades at roughly a 3% premium and is “about fairly valued” within normal market swings. [25]
However, the same piece notes that:
- CSL’s current P/E of roughly 16.5x (their figure) is below both the broader Building industry average (≈17x) and a peer group average (~20x).
- Their proprietary “Fair Ratio” model suggests a fair P/E closer to 22x, implying undervaluation on a relative‑multiple basis. [26]
In short: DCF says “about right,” multiples vs. peers say “modestly cheap.”
Wall Street analyst targets
Across several data providers, analysts remain cautiously constructive:
- StockAnalysis and MarketBeat data show a consensus 12‑month price target around $386–$387 per share, implying roughly 22% upside from the latest price. [27]
- Individual targets cluster between $340 and $415, with some brokers having trimmed targets recently as growth expectations moderated. [28]
- One detailed Seeking Alpha write‑up still rates CSL a “Buy”, but with a trimmed target of about $358 (roughly 10% upside), reflecting more conservative assumptions on margins and macro conditions. [29]
MarketBeat currently characterizes the stock as “Hold” on average (4 buys, 5 holds, 1 sell), while other aggregators categorize the same target set as a “Buy.” Either way, there is still a positive skew, just not an overwhelmingly bullish one. [30]
Who is buying and selling CSL stock?
Recent institutional activity has been mixed but lively:
- JPMorgan Chase & Co. boosted its CSL stake by over 30% in the second quarter, buying more than 350,000 shares according to a recent filing summary. [31]
- Nomura Asset Management also added CSL shares, according to MarketBeat’s institutional ownership updates. [32]
- On the other side, Franklin Resources and Prudential PLC have trimmed or partially exited positions, locking in profits or reallocating capital after the stock’s earlier run‑up. [33]
Short‑interest data provides another sentiment lens:
- Shares sold short: about 2.44 million, roughly 5.9% of shares outstanding.
- Days to cover: about 4.5 days, based on average trading volume. [34]
Short interest has eased slightly vs. the prior month, suggesting some bears have already taken profits after the stock plunged to its recent low.
Key risks CSL investors should keep in mind
Despite the attractive cash‑flow and dividend profile, the market clearly sees risks — which is why CSL is down ~30–35% over 12 months.
- Cyclical exposure to construction
Carlisle’s core roofing and weatherproofing products are closely tied to commercial and residential construction cycles. A deeper or longer‑lasting slowdown in non‑residential building could pressure volumes and pricing more than management currently anticipates. [35] - Margin compression from inflation and mix
Q3 margins, while still strong, were down 170–280 basis points vs. last year, reflecting higher input costs and reinvestment in the “Carlisle Experience.” There’s no guarantee margins will snap back quickly if pricing power softens further. [36] - Channel and inventory headwinds
Several commentaries highlight inventories normalizing at distributors and some disruption in the distribution channel. If destocking continues into 2026, CSL’s reported numbers could stay under pressure even if end‑demand is stable. [37] - Leverage and interest rates
Carlisle issued $1.0 billion of new debt in 2025, partly to fund buybacks and retain flexibility. While leverage remains manageable at ~2.3x EBITDA, higher rates mean interest costs are no longer trivial, especially if earnings were to decline more sharply. [38] - Execution risk on Vision 2030
The Vision 2030 target of $40 adjusted EPS assumes sustained margin strength, disciplined M&A, and a constructive macro backdrop. If construction cycles disappoint or acquisitions underperform, that long‑term earnings path may need to be reset. [39]
Is CSL stock a buy, hold, or sell today?
Whether CSL stock is attractive today, November 26, 2025 depends heavily on your time horizon and risk tolerance. Here’s a neutral, checklist‑style view:
What the bulls see
- High‑quality business: decades‑long track record, high margins, strong ROE/ROIC. [40]
- Robust cash generation: FCF yield around 7–8% supports continued dividends and buybacks. [41]
- Shareholder‑friendly capital allocation: nearly 50 years of dividend growth plus sizable buybacks shrinking share count by almost 8% year‑over‑year. [42]
- Reasonable valuation: mid‑teens forward P/E, ~20% implied upside to consensus targets, with some analysts and models calling the shares undervalued relative to peers. [43]
What the bears worry about
- Macro headwinds: construction cycles and channel destocking could keep earnings under pressure into 2026. [44]
- Recent price action: a ~30–35% drawdown in a high‑quality name usually reflects more than just sentiment; the market may be discounting a longer period of slower growth. [45]
- Rising leverage vs. rising rates: more debt in a higher‑rate environment narrows the margin for error. [46]
- Valuation is “okay,” not dirt cheap: CSL might be fairly valued if cash‑flow growth disappoints from here. [47]
For long‑term, dividend‑and‑cash‑flow‑focused investors, CSL may look appealing after its pullback, especially if you believe in the Vision 2030 roadmap and the durability of commercial re‑roofing demand. For more short‑term or macro‑sensitive traders, the stock could remain volatile as earnings expectations and construction indicators evolve.
What to watch next for CSL stock
If you’re tracking CSL stock into year‑end and early 2026, key catalysts include:
- Q4 2025 results and 2026 guidance — particularly updates on volume trends, pricing, and margins in both CCM and CWT. [48]
- Construction and reroofing indicators — commercial vacancy rates, interest‑rate path, and non‑residential construction spending.
- Further analyst revisions — changes in price targets or ratings could sway sentiment around a still‑fragile chart. [49]
- Additional M&A or strategic moves — bolt‑on deals or larger acquisitions in building‑envelope and energy‑efficient materials.
- Capital‑return updates — any change to the $1.3 billion buyback target or dividend policy would be closely watched. [50]
Important disclaimer
This article is for informational and educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any security. Stock prices and other data cited are as of the close on November 25, 2025 and may have changed. Always do your own research and consider speaking with a qualified financial advisor before making investment decisions.
References
1. www.carlisle.com, 2. www.carlisle.com, 3. stockanalysis.com, 4. www.carlisle.com, 5. www.financecharts.com, 6. www.financecharts.com, 7. www.carlisle.com, 8. finance.yahoo.com, 9. www.carlisle.com, 10. www.carlisle.com, 11. www.carlisle.com, 12. stockanalysis.com, 13. www.carlisle.com, 14. www.businesswire.com, 15. stockanalysis.com, 16. stockanalysis.com, 17. www.businesswire.com, 18. www.marketbeat.com, 19. www.marketbeat.com, 20. simplywall.st, 21. stockanalysis.com, 22. stockanalysis.com, 23. www.carlisle.com, 24. stockanalysis.com, 25. simplywall.st, 26. simplywall.st, 27. stockanalysis.com, 28. www.marketbeat.com, 29. seekingalpha.com, 30. www.marketbeat.com, 31. www.marketbeat.com, 32. www.marketbeat.com, 33. www.marketbeat.com, 34. stockanalysis.com, 35. www.carlisle.com, 36. www.carlisle.com, 37. www.carlisle.com, 38. www.carlisle.com, 39. www.carlisle.com, 40. stockanalysis.com, 41. stockanalysis.com, 42. stockanalysis.com, 43. simplywall.st, 44. www.carlisle.com, 45. www.financecharts.com, 46. www.carlisle.com, 47. simplywall.st, 48. www.carlisle.com, 49. www.marketbeat.com, 50. www.carlisle.com
