CM Finance (NASDAQ:CMFN) posted its quarterly earnings data on Thursday. The investment management company reported $0.25 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25, Fidelity Earnings reports. CM Finance had a net margin of 38.31% and a return on equity of 11.10%. The company had revenue of $8.26 million during the quarter, compared to analysts’ expectations of $8.61 million.

Shares of CMFN traded up $0.03 during trading hours on Friday, hitting $8.14. 9,339 shares of the stock were exchanged, compared to its average volume of 17,215. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.69. The stock has a market cap of $111.11 million, a PE ratio of 5.85 and a beta of 1.15. CM Finance has a fifty-two week low of $7.40 and a fifty-two week high of $9.90.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 3rd. Stockholders of record on Friday, December 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 12.29%. The ex-dividend date of this dividend is Thursday, December 13th. CM Finance’s dividend payout ratio (DPR) is presently 71.94%.

Several research firms have recently weighed in on CMFN. Zacks Investment Research upgraded shares of CM Finance from a “sell” rating to a “hold” rating in a research report on Friday, October 26th. ValuEngine cut shares of CM Finance from a “hold” rating to a “sell” rating in a research report on Thursday, November 1st. Finally, TheStreet cut shares of CM Finance from a “b-” rating to a “c” rating in a research report on Friday, September 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $9.75.

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CM Finance Company Profile

CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.

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Earnings History for CM Finance (NASDAQ:CMFN)

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