Composecure, Inc. (GPGI) to Distribute Quarterly Dividend of $0.00 on September 1st

Composecure, Inc. (NYSE:GPGI) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0025 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, August 17th.

Composecure Price Performance

NYSE GPGI opened at $12.80 on Friday. The firm has a market cap of $3.71 billion, a PE ratio of -6.50 and a beta of 0.86. Composecure has a 52 week low of $11.22 and a 52 week high of $26.78. The company has a fifty day moving average price of $14.39.

Composecure (NYSE:GPGI) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. As a group, equities research analysts forecast that Composecure will post 0.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on GPGI. Weiss Ratings reissued a “sell (d-)” rating on shares of Composecure in a research note on Thursday, June 11th. Wall Street Zen upgraded Composecure from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research downgraded shares of Composecure from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Composecure from $22.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $15.00.

Composecure Company Profile

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.