With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. The 52-week range on CDRE shows that it touched its highest point at $40.28 and its lowest point at $27.07 during that stretch. It currently has a 1-year price target of $43.60. With its current market cap of 1.37 billion, CDRE has annualized dividend of $0.36 while the current yield stands at 1.09%. Beta for the stock currently stands at 1.35.
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 CDRE was up-trending over the past week, with a rise of 0.66%, but this was up by 12.95% over a month. Three-month performance surged to 3.93% while six-month performance rose 0.42%. The stock gained 2.88% in the past year, while it has gained 3.99% so far this year. A look at the trailing 12-month EPS for CDRE yields 0.94 with Next year EPS estimates of 1.43. For the next quarter, that number is 0.26. This implies an EPS growth rate of 36.48% for this year and 16.55% for next year.
Float and Shares Shorts:
At present, 40.66 million CDRE shares are outstanding with a float of 27.64 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CDRE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.16127 being high and $0.87587 being low. For CDRE, this leads to a yearly average estimate of $1.03333. Based on analyst estimates, the high estimate for the next quarter is $0.37 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.35.
