CompoSecure, Inc. (NASDAQ:CMPO) Plans $0.30 Dividend

CompoSecure, Inc. (NASDAQ:CMPO) declared a dividend on Monday, May 6th, NASDAQ reports. Shareholders of record on Monday, May 20th will be paid a dividend of 0.30 per share on Tuesday, June 11th. The ex-dividend date of this dividend is Friday, May 17th.

CompoSecure Trading Down 0.4 %

Shares of CompoSecure stock traded down $0.03 during trading on Wednesday, reaching $7.50. The stock had a trading volume of 338,270 shares, compared to its average volume of 209,892. The company has a market capitalization of $603.98 million, a price-to-earnings ratio of 8.24 and a beta of 0.72. CompoSecure has a 52 week low of $4.61 and a 52 week high of $8.16. The stock has a fifty day moving average price of $6.45 and a two-hundred day moving average price of $5.71.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.22 by $0.04. The firm had revenue of $99.90 million during the quarter, compared to analysts’ expectations of $95.86 million. CompoSecure had a negative return on equity of 10.41% and a net margin of 4.82%. On average, equities analysts forecast that CompoSecure will post 1.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on CMPO shares. B. Riley increased their price target on shares of CompoSecure from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price target on shares of CompoSecure in a report on Tuesday. Finally, Benchmark boosted their price target on CompoSecure from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, CompoSecure presently has a consensus rating of “Moderate Buy” and an average price target of $12.17.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.