CompoSecure, Inc. to Issue Dividend of $0.30 (NASDAQ:CMPO)

CompoSecure, Inc. (NASDAQ:CMPO) declared a dividend on Monday, May 6th, NASDAQ reports. Stockholders 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 Stock Performance

CMPO traded down $0.03 on Wednesday, hitting $7.50. 346,372 shares of the company were exchanged, compared to its average volume of 209,892. CompoSecure has a 12 month low of $4.61 and a 12 month high of $8.16. The firm has a fifty day simple moving average of $6.45 and a two-hundred day simple moving average of $5.71. The stock has a market capitalization of $603.98 million, a PE ratio of 8.24 and a beta of 0.72.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. B. Riley boosted their target price on 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 reaffirmed a “buy” rating and set a $15.00 target price on shares of CompoSecure in a research note on Tuesday. Finally, Benchmark boosted their price target on shares of CompoSecure from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.