CM Finance Inc is an externally managed, non-diversified closed-end management investment company. The Company is a specialty finance company that invests primarily in the debt of the United States middle-market companies. The Company's primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies. As of June 30, 2016, the Company's portfolio consisted of debt and equity investments in 22 portfolio companies. It invests in unitranche loans and standalone second and first lien loans, with an emphasis on floating rate debt. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments.CM Investment Partners LLC is an external investment advisor of the Company.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Trusts
- Sub-Industry: N/A
- Symbol: NASDAQ:CMFN
- CUSIP: N/A
- Web: www.cmfn-inc.com
- 50 Day Moving Avg: $9.94
- 200 Day Moving Avg: $10.17
- 52 Week Range: $8.50 - $10.80
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.56
- P/E Growth: 0.00
- Annual Dividend: $1.00
- Dividend Yield: 9.6%
- Net Margins: 76.03%
- Return on Equity: 9.42%
- Return on Assets: 5.20%
- Debt-to-Equity Ratio: 0.60%
- Current Ratio: 1.93%
- Quick Ratio: 1.93%
- Average Volume: 23,203 shs.
- Beta: 1.43
Frequently Asked Questions for CM Finance (NASDAQ:CMFN)
What is CM Finance's stock symbol?
CM Finance trades on the NASDAQ under the ticker symbol "CMFN."
How often does CM Finance pay dividends? What is the dividend yield for CM Finance?
CM Finance announced a quarterly dividend on Monday, August 28th. Investors of record on Friday, September 8th will be given a dividend of $0.25 per share on Thursday, October 5th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.43%. The ex-dividend date is Thursday, September 7th. View CM Finance's Dividend History.
How were CM Finance's earnings last quarter?
CM Finance Inc (NASDAQ:CMFN) announced its earnings results on Wednesday, September, 6th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.00. The firm had revenue of $7.19 million for the quarter, compared to analyst estimates of $7.40 million. CM Finance had a return on equity of 9.42% and a net margin of 76.03%. View CM Finance's Earnings History.
When will CM Finance make its next earnings announcement?
Who are some of CM Finance's key competitors?
Some companies that are related to CM Finance include Compass Diversified Holdings (CODI), Capital Southwest Corporation (CSWC), Draper Esprit PLC (GROW), Tiziana Life Sciences PLC (TILS), Saratoga Investment Corp (SAR), Gresham House plc (GHE), Cluff Natural Resources PLC (CLNR), Legendary Investments plc (LEG), Amedeo Resources PLC (AMED), Mineral & Financial Investments Ltd (MAFL), Amedeo Resources PLC (CRO), Greencoat UK Wind PLC (UKW), Henderson Global Trust PLC (HGL), International Biotechnology Trust Plc (IBT), iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX), PowerShares QQQ Trust, Series 1 (QQQ), ProShares UltraShort Russell2000 (TWM) and Standard Life Equity Income Trust Plc (SLET).
Who are CM Finance's key executives?
CM Finance's management team includes the folowing people:
- Michael C. Mauer, Chairman of the Board, Chief Executive Officer
- Christopher E. Jansen, President, Secretary, Director
- Rocco DelGuercio, Chief Financial Officer, Chief Compliance Officer, Treasurer
- Keith Lee, Independent Director
- Julie Persily, Independent Director
- Robert P. Ryder CPA, Independent Director
- Robert D. Wagner Jr., Independent Director
Who owns CM Finance stock?
CM Finance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Cyrus Capital Partners L.P. (0.00%), Advisors Asset Management Inc. (0.00%), Confluence Investment Management LLC (0.00%), Ares Management LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.00%) and Caxton Corp (0.00%). Company insiders that own CM Finance stock include Christopher E Jansen, Keith Lee, Michael Mauer and Robert P Ryder. View Institutional Ownership Trends for CM Finance.
Who sold CM Finance stock? Who is selling CM Finance stock?
CM Finance's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Stifel Financial Corp, Confluence Investment Management LLC, Raymond James Financial Services Advisors Inc. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for CM Finance.
Who bought CM Finance stock? Who is buying CM Finance stock?
CM Finance's stock was bought by a variety of institutional investors in the last quarter, including Ares Management LLC, Eagle Global Advisors LLC, Caxton Corp and Stephens Inc. AR. Company insiders that have bought CM Finance stock in the last two years include Christopher E Jansen, Michael Mauer and Robert P Ryder. View Insider Buying and Selling for CM Finance.
How do I buy CM Finance stock?
Shares of CM Finance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CM Finance's stock price today?
MarketBeat Community Rating for CM Finance (NASDAQ CMFN)MarketBeat's community ratings are surveys of what our community members think about CM Finance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of CM Finance stock can currently be purchased for approximately $9.59.
Consensus Ratings for CM Finance (NASDAQ:CMFN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for CM Finance (NASDAQ:CMFN)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/31/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||N/A|
|2/10/2016||Raymond James Financial, Inc.||Downgrade||Strong-Buy -> Outperform||$16.00 -> $13.00||N/A|
Earnings History for CM Finance (NASDAQ:CMFN)Earnings History by Quarter for CM Finance (NASDAQ CMFN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017|| || || || || || || || |
|9/6/2017||Q4 2017||$0.25||$0.25||$7.40 million||$7.19 million||View||Listen|
|5/10/2017||Q3 2017||$0.24||$0.25||$7.24 million||$7.08 million||View||N/A|
|2/8/2017||Q2 2017||$0.36||$0.36||$8.29 million||$9.15 million||View||Listen|
|11/9/2016||Q1 2017||$0.31||$0.29||$7.76 million||$7.59 million||View||Listen|
|8/30/2016||Q4||$0.33||$0.32||$8.02 million||$7.82 million||View||N/A|
|5/9/2016||Q3 2016||$0.37||$0.31||$8.69 million||$7.94 million||View||N/A|
|2/8/2016||Q2 2016||$0.38||$0.46||$9.73 million||$9.96 million||View||N/A|
|11/9/2015||Q1 2016||$0.36||$0.36||$9.71 million||$9.87 million||View||N/A|
|9/8/2015||Q315||$0.41||$0.46||$10.38 million||$11.52 million||View||N/A|
|5/11/2015||Q3 2015||$0.35||$0.35||$9.18 million||$8.33 million||View||N/A|
|2/9/2015||Q215||$0.34||$0.34||$8.66 million||$9.21 million||View||N/A|
|11/10/2014||Q1 2015||$0.34||$0.34||$7.16 million||$7.86 million||View||N/A|
|9/8/2014||Q4 2014||$0.34||$0.34||$6.08 million||$6.61 million||View||N/A|
Earnings Estimates for CM Finance (NASDAQ:CMFN)
2017 EPS Consensus Estimate: $1.08
2018 EPS Consensus Estimate: $1.01
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for CM Finance (NASDAQ:CMFN)
|Payout Ratio:||58.14% (Trailing 12 Months of Earnings) |
93.46% (Based on This Year's Estimates)
89.29% (Based on Next Year's Estimates)
Dividend History by Quarter for CM Finance (NASDAQ CMFN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for CM Finance (NASDAQ:CMFN)
Insider Ownership Percentage: 1.75%Insider Trades by Quarter for CM Finance (NASDAQ:CMFN)
Institutional Ownership Percentage: 44.08%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||Michael Mauer||CEO||Buy||4,000||$9.61||$38,440.00|| |
|3/21/2017||Michael Mauer||CEO||Buy||2,798||$9.99||$27,952.02|| |
|5/13/2016||Michael Mauer||CEO||Sell||6,000||$8.29||$49,740.00|| |
|5/12/2016||Michael Mauer||CEO||Buy||6,000||$8.54||$51,240.00|| |
|12/15/2015||Keith Lee||Director||Sell||1,500||$10.15||$15,225.00|| |
|12/11/2015||Robert P Ryder||Director||Buy||4,500||$10.51||$47,295.00|| |
|12/2/2015||Christopher E Jansen||Insider||Buy||1,000||$10.90||$10,900.00|| |
|11/20/2015||Christopher E Jansen||Insider||Buy||1,000||$10.89||$10,890.00|| |
|11/13/2015||Michael Mauer||CEO||Buy||4,702||$11.32||$53,226.64|| |
|9/16/2015||Robert P. Ryder||Director||Buy||3,649||$11.52||$42,036.48|| |
|9/11/2015||Christopher E Jansen||Insider||Buy||1,000||$11.55||$11,550.00|| |
|9/11/2015||Michael Mauer||CEO||Buy||4,500||$11.58||$52,110.00|| |
|5/19/2015||Michael Mauer||CEO||Buy||3,000||$13.95||$41,850.00|| |
|12/17/2014||Christopher E Jansen||Insider||Buy||2,000||$10.03||$20,060.00|| |
|12/17/2014||Michael Mauer||CEO||Buy||2,400||$10.05||$24,120.00|| |
|12/17/2014||Robert P Ryder||Director||Buy||5,000||$10.11||$50,550.00|| |
|12/15/2014||Julie Persily||Director||Buy||3,400||$11.05||$37,570.00|| |
|11/24/2014||Keith Lee||Director||Buy||4,500||$12.15||$54,675.00|| |
|11/21/2014||Stephan Kuppenheimer||Director||Buy||8,500||$12.45||$105,825.00|| |
|11/20/2014||Christopher E Jansen||Insider||Buy||1,000||$12.11||$12,110.00|| |
|11/19/2014||Robert P Ryder||Director||Buy||2,500||$12.48||$31,200.00|| |
|11/18/2014||Christopher E Jansen||Insider||Buy||2,000||$12.58||$25,160.00|| |
|11/18/2014||Michael Mauer||CEO||Buy||7,925||$12.63||$100,092.75|| |
|9/25/2014||Robert P Ryder||Director||Buy||1,500||$13.18||$19,770.00|| |
|9/19/2014||Christopher E Jansen||Insider||Buy||2,000||$13.37||$26,740.00|| |
|9/16/2014||Christopher E Jansen||Insider||Buy||4,000||$13.72||$54,880.00|| |
|9/15/2014||Jai Agarwal||CFO||Buy||2,400||$13.77||$33,048.00|| |
|9/12/2014||Michael Mauer||CEO||Buy||3,703||$13.85||$51,286.55|| |
|9/11/2014||Stephan Kuppenheimer||Director||Buy||5,000||$13.92||$69,600.00|| |
|5/30/2014||Robert P Ryder||Director||Buy||2,600||$13.81||$35,906.00|| |
|5/29/2014||Christopher E Jansen||Insider||Buy||6,000||$14.16||$84,960.00|| |
|5/19/2014||Christopher Jansen||Insider||Buy||1,000||$13.45||$13,450.00|| |
|5/19/2014||Michael Mauer||CEO||Buy||4,000||$13.37||$53,480.00|| |
|5/19/2014||Stephan Kuppenheimer||Director||Buy||12,900||$13.53||$174,537.00|| |
|2/11/2014||Christopher E Jansen||Insider||Buy||66,667||$15.00||$1,000,005.00|| |
|2/11/2014||Julie Persily||Director||Buy||3,300||$15.00||$49,500.00|| |
|2/11/2014||Michael Mauer||CEO||Buy||67,000||$15.00||$1,005,000.00|| |
Headline Trends for CM Finance (NASDAQ:CMFN)
Latest Headlines for CM Finance (NASDAQ:CMFN)
CM Finance (CMFN) Chart for Thursday, September, 21, 2017