Free Trial
Your Rate Never Goes Up! Save $100 a Year on MarketBeat All Access
Upgrade Now
Claim MarketBeat All Access Sale Promotion
NASDAQ:CRMD

CorMedix (CRMD) Stock Price, News & Analysis

CorMedix logo
$7.85 -0.25 (-3.09%)
Closing price 10/23/2026 04:00 PM Eastern
Extended Trading
$7.85 0.00 (0.00%)
As of 10/23/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About CorMedix Stock (NASDAQ:CRMD)

Advanced

Key Stats

Today's Range
$7.79
▼
$8.11
50-Day Range
$7.19
▼
$8.61
52-Week Range
$6.13
▼
$13.02
Volume
894,232 shs
Average Volume
1.07 million shs
Market Capitalization
$611.83 million
P/E Ratio
4.13
Dividend Yield
N/A
Price Target
$15.00
Consensus Rating
Moderate Buy

Company Overview

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing products designed to prevent and treat life-threatening infections and inflammatory conditions. The company’s lead product is DefenCath, a catheter-lock solution containing taurolidine and citrate.

DefenCath is approved by the U.S. Food and Drug Administration for use in adult patients with kidney failure who are receiving chronic hemodialysis through a central venous catheter. It is intended to reduce the risk of catheter-related bloodstream infections, a significant complication for patients who depend on long-term vascular access. CorMedix markets DefenCath in the United States through its commercial operations and continues to evaluate potential additional applications for its technology.

CorMedix was founded in 2006 and is headquartered in Berkeley Heights, New Jersey. The company is led by Khoso Bal, who serves as president and chief executive officer. Its business is primarily centered on the development and commercialization of anti-infective products for use in healthcare settings.

AI Generated. May Contain Errors.

CorMedix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
65th Percentile Overall Score

CRMD MarketRank™: 
3.225073509755 of 5 stars

CorMedix scored higher than 65% of companies evaluated by MarketBeat, and ranked 279th out of 902 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CorMedix has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on no strong buy ratings, 7 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    CorMedix has a consensus price target of $15.00, representing about 91.1% upside from its current price of $7.85.

  • Amount of Analyst Coverage

    CorMedix has only been the subject of 4 research reports in the past 90 days.

  • Read more about CorMedix's stock forecast and price target.
  • Earnings Growth

    Earnings for CorMedix are expected to decrease by -74.07% in the coming year, from $0.54 to $0.14 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CorMedix is 4.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CorMedix is 4.13, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 275.89.

  • Price to Earnings Growth Ratio

    CorMedix has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CorMedix has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about CorMedix's valuation and earnings.
  • Percentage of Shares Shorted

    20.50% of the float of CorMedix has been sold short.
  • Short Interest Ratio / Days to Cover

    CorMedix has a short interest ratio ("days to cover") of 18.9, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in CorMedix has recently decreased by 4.81%, indicating that investor sentiment is improving.
  • Dividend Yield

    CorMedix does not currently pay a dividend.

  • Dividend Growth

    CorMedix does not have a long track record of dividend growth.

  • News Sentiment

    CorMedix has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for CorMedix this week, compared to 4 articles on an average week.
  • Search Interest

    Only 7 people have searched for CRMD on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added CorMedix to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CorMedix insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    3.50% of the stock of CorMedix is held by insiders.

  • Percentage Held by Institutions

    34.18% of the stock of CorMedix is held by institutions.

  • Read more about CorMedix's insider trading history.
Receive CRMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CorMedix and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CRMD Stock News Headlines

CorMedix (NASDAQ:CRMD) Earns Buy Rating from Needham & Company LLC
Trump’s Plan To Cheat History
China has slashed its U.S. Treasury holdings by more than 45% from their peak, while building gold vaults and payment networks that bypass the dollar entirely. Since the Federal Reserve opened in 1913, the dollar has lost most of its purchasing power. Porter Stansberry argues a new monetary order is forming around AI infrastructure, chips and energy, pointing to stocks like Vertiv, GE Vernova and Arista Networks that have surged hundreds of percent in recent years.tc pixel
Actinium Pharmaceuticals Names Matt David CFO
See More Headlines

CRMD Stock Analysis - Frequently Asked Questions

CorMedix's stock was trading at $11.63 at the beginning of the year. Since then, CRMD shares have decreased by 32.5% and is now trading at $7.85.

CorMedix Inc (NASDAQ:CRMD) released its earnings results on Thursday, August, 13th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.05. The business had revenue of $101.93 million for the quarter, compared to analyst estimates of $96.04 million. CorMedix had a net margin of 40.49% and a trailing twelve-month return on equity of 40.52%.
Read the conference call transcript
.

CorMedix shares reverse split on the morning of Tuesday, March 26th 2019.The 1-5 reverse split was announced on Thursday, March 21st 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 25th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

CorMedix's Board of Directors approved a stock buyback plan on Monday, February 2nd 2026, which permits the company to repurchase $75,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

CorMedix's top institutional shareholders include State of Alaska Department of Revenue (0.07%) and Sigma Planning Corp (0.04%). Insiders that own company stock include Joseph Todisco, Myron Kaplan, Kaufman Beth Zelnick, Elizabeth Hurlburt, Steven W Lefkowitz, Erin Mistry and Alan W Dunton.
View institutional ownership trends
.

Shares of CRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that CorMedix investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Broadcom (AVGO) and Palantir Technologies (PLTR).

Company Calendar

Last Earnings
8/13/2026
Today
10/24/2026
Next Earnings (Estimated)
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:CRMD
CIK
1410098
Employees
191
Year Founded
2006

Price Target and Rating

High Price Target
$19.00
Low Price Target
$13.00
Potential Upside/Downside
+91.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.14
Trailing P/E Ratio
4.13
Forward P/E Ratio
14.54
P/E Growth
1.45
Net Income
$163.05 million
Net Margins
40.49%
Pretax Margin
44.00%
Return on Equity
40.52%
Return on Assets
20.61%

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
2.56
Quick Ratio
2.36

Sales & Book Value

Annual Sales
$311.71 million
Price / Sales
1.96
Cash Flow
$2.04 per share
Price / Cash Flow
3.84
Book Value
$5.14 per share
Price / Book
1.53

Miscellaneous

Outstanding Shares
77,940,000
Free Float
75,216,000
Market Cap
$611.83 million
Optionable
Optionable
Beta
1.40

Social Links

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report

This page (NASDAQ:CRMD) was last updated on 10/23/2026 by MarketBeat.com Staff.
From Our Partners