With 0.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.39 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.905 whereas the lowest price it dropped to was $6.73. The 52-week range on CMTG shows that it touched its highest point at $15.25 and its lowest point at $6.08 during that stretch. It currently has a 1-year price target of $7.44. With its current market cap of 947.67 million, CMTG has annualized dividend of $0.85 while the current yield stands at 12.50%. Beta for the stock currently stands at 1.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMTG was up-trending over the past week, with a rise of 5.59%, but this was up by 8.45% over a month. Three-month performance dropped to -15.84% while six-month performance fell -13.27%. The stock lost -42.32% in the past year, while it has lost -50.11% so far this year. A look at the trailing 12-month EPS for CMTG yields -0.62 with Next year EPS estimates of 0.42. For the next quarter, that number is 0.10. This implies an EPS growth rate of -71.54% for this year and 432.13% for next year. EPS is expected to grow by 29.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -45.83%.
Float and Shares Shorts:
At present, 138.75 million CMTG shares are outstanding with a float of 128.41 million shares on hand for trading. On 2024-11-15, short shares totaled 3.93 million, which was 281.99999 higher than short shares on 1728950400. In addition to Mr. Richard Jay Mack J.D. as the firm’s Chairman & CEO, Mr. John Michael McGillis CPA serves as its President, CFO, Principal Financial & Accounting Officer and Director.
Institutional Ownership:
Through their ownership of 0.74094003 of CMTG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMTG since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMTG analysts setting a high price target of 8.0 and a low target of 6.5, the average target price over the next 12 months is 7.4375. Based on these targets, CMTG could surge 17.65% to reach the target high and fall by -4.41% to reach the target low. Reaching the average price target will result in a growth of 9.38% from current levels.
Analysts have provided yearly estimates in a range of $0.08389622 being high and $0.07416801 being low. For CMTG, this leads to a yearly average estimate of $0.07969. The surprise factor in the prior quarter was $0.18. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.05. The average estimate for the next quarter is thus $0.13.
