CompoSecure, Inc. (NASDAQ:CMPO) Declares $0.30 Dividend

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 is Friday, May 17th.

CompoSecure Stock Performance

CompoSecure stock traded down $0.03 on Wednesday, reaching $7.50. The company’s stock had a trading volume of 338,270 shares, compared to its average volume of 209,892. The company has a market cap of $603.98 million, a price-to-earnings ratio of 8.24 and a beta of 0.72. The business’s fifty day moving average price is $6.45 and its 200 day moving average price is $5.71. CompoSecure has a twelve month low of $4.61 and a twelve month high of $8.16.

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

Analyst Ratings Changes

Several equities research analysts have issued reports on CMPO shares. Benchmark increased their price objective on CompoSecure from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price objective on shares of CompoSecure in a report on Tuesday. Finally, B. Riley increased their price objective on CompoSecure from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, CompoSecure presently has an average rating of “Moderate Buy” and a consensus target price of $12.17.

About CompoSecure

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.