CompoSecure, Inc. (CMPO) to Issue Dividend of $0.30 on June 11th

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

CompoSecure Stock Down 0.4 %

CMPO traded down $0.03 on Wednesday, hitting $7.50. 338,270 shares of the company traded hands, 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 company has a 50 day moving average of $6.45 and a 200-day 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 issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.04. The firm had revenue of $99.90 million during the quarter, compared to the consensus estimate of $95.86 million. CompoSecure had a negative return on equity of 10.41% and a net margin of 4.82%. On average, research analysts anticipate that CompoSecure will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

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