Wall Street analysts forecast that CM Finance Inc (NASDAQ:CMFN) will announce $0.25 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for CM Finance’s earnings. CM Finance reported earnings per share of $0.27 during the same quarter last year, which indicates a negative year-over-year growth rate of 7.4%. The business is scheduled to issue its next earnings report on Wednesday, February 6th.

According to Zacks, analysts expect that CM Finance will report full year earnings of $0.97 per share for the current financial year, with EPS estimates ranging from $0.85 to $1.05. For the next fiscal year, analysts anticipate that the business will post earnings of $1.09 per share, with EPS estimates ranging from $1.07 to $1.11. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for CM Finance.

CM Finance (NASDAQ:CMFN) last announced its earnings results on Thursday, November 8th. The investment management company reported $0.25 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.25. CM Finance had a return on equity of 11.33% and a net margin of 32.89%. The business had revenue of $8.26 million for the quarter, compared to analyst estimates of $8.61 million.

A number of brokerages have recently issued reports on CMFN. Zacks Investment Research raised CM Finance from a “sell” rating to a “hold” rating in a research report on Friday, October 26th. ValuEngine lowered CM Finance from a “hold” rating to a “sell” rating in a research report on Thursday, November 1st. Finally, TheStreet lowered CM Finance from a “b-” rating to a “c” rating in a research report on Friday, September 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. CM Finance currently has an average rating of “Hold” and an average target price of $9.75.

Shares of NASDAQ CMFN traded up $0.06 during midday trading on Friday, reaching $8.14. 16,040 shares of the company’s stock were exchanged, compared to its average volume of 17,095. CM Finance has a 52-week low of $7.40 and a 52-week high of $9.90. The firm has a market cap of $110.51 million, a price-to-earnings ratio of 5.86 and a beta of 1.15. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.17 and a current ratio of 0.17.

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

An institutional investor recently bought a new position in CM Finance stock. Acadian Asset Management LLC purchased a new position in CM Finance Inc (NASDAQ:CMFN) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,132 shares of the investment management company’s stock, valued at approximately $179,000. Acadian Asset Management LLC owned approximately 0.15% of CM Finance as of its most recent filing with the Securities & Exchange Commission. 51.92% of the stock is owned by hedge funds and other institutional investors.

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 and Estimates for CM Finance (NASDAQ:CMFN)

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