NASDAQ:CMTL - Comtech Telecomm. Stock Price, Forecast & News

Comtech Telecomm. trades on the NASDAQ under the ticker symbol "CMTL."

Comtech Telecomm. declared a quarterly dividend on Friday, December 6th. Investors of record on Wednesday, January 15th will be given a dividend of $0.10 per share on Friday, February 14th. This represents a $0.40 annualized dividend and a yield of 1.14%. The ex-dividend date is Tuesday, January 14th. View Comtech Telecomm.'s Dividend History.

Comtech Telecomm. Corp. (NASDAQ:CMTL) posted its earnings results on Wednesday, December, 4th. The communications equipment provider reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.08. The communications equipment provider earned $170.30 million during the quarter, compared to the consensus estimate of $153.83 million. Comtech Telecomm. had a net margin of 4.10% and a return on equity of 6.64%. The firm's revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. View Comtech Telecomm.'s Earnings History.

Comtech Telecomm. is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Comtech Telecomm..

Comtech Telecomm. issued an update on its FY20 earnings guidance on Wednesday, December, 4th. The company provided earnings per share (EPS) guidance of $1.42-$1.56 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $712-$732 million, compared to the consensus revenue estimate of $691.85 million.

3 analysts have issued 1-year price objectives for Comtech Telecomm.'s shares. Their forecasts range from $36.00 to $44.00. On average, they anticipate Comtech Telecomm.'s stock price to reach $40.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for Comtech Telecomm..

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comtech Telecomm. in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Comtech Telecomm..

Media coverage about CMTL stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Comtech Telecomm. earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned media coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Comtech Telecomm..

Comtech Telecomm. saw a decline in short interest in November. As of November 29th, there was short interest totalling 451,800 shares, a decline of 5.7% from the November 14th total of 478,900 shares. Based on an average daily trading volume, of 176,200 shares, the short-interest ratio is presently 2.6 days. Currently, 1.9% of the shares of the stock are short sold. View Comtech Telecomm.'s Current Options Chain.

Some companies that are related to Comtech Telecomm. include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ubiquiti Networks (UBNT), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT) and Extreme Networks (EXTR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comtech Telecomm. investors own include Advanced Micro Devices (AMD), Verizon Communications (VZ), PepsiCo (PEP), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Roku (ROKU), Intel (INTC) and Netflix (NFLX).

Comtech Telecomm.'s stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.32%), Millennium Management LLC (1.53%), Foundry Partners LLC (0.90%), Mondrian Investment Partners LTD (0.51%), Rhumbline Advisers (0.32%) and Stifel Financial Corp (0.31%). Company insiders that own Comtech Telecomm. stock include Edwin Kantor, Fred Kornberg, John Branscum, Michael Porcelain and Richard L Burt. View Institutional Ownership Trends for Comtech Telecomm..

CMTL stock was sold by a variety of institutional investors in the last quarter, including Mondrian Investment Partners LTD, CNA Financial Corp, Systematic Financial Management LP, Foundry Partners LLC, Squarepoint Ops LLC, Alpha Windward LLC, Alps Advisors Inc. and Municipal Employees Retirement System of Michigan. Company insiders that have sold Comtech Telecomm. company stock in the last year include Edwin Kantor, John Branscum and Richard L Burt. View Insider Buying and Selling for Comtech Telecomm..

CMTL stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Rice Hall James & Associates LLC, State Street Corp, Penserra Capital Management LLC, State of Alaska Department of Revenue, Eqis Capital Management Inc., State of Tennessee Treasury Department and Bailard Inc.. View Insider Buying and Selling for Comtech Telecomm..

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

One share of CMTL stock can currently be purchased for approximately $35.01.

Comtech Telecomm. has a market capitalization of $853.89 million and generates $671.80 million in revenue each year. The communications equipment provider earns $25.04 million in net income (profit) each year or $1.34 on an earnings per share basis. Comtech Telecomm. employs 2,013 workers across the globe.View Additional Information About Comtech Telecomm..

The official website for Comtech Telecomm. is http://www.comtechtel.com/.

Comtech Telecomm.'s mailing address is 68 South Service Road Suite 230, Melville NY, 11747. The communications equipment provider can be reached via phone at 631-962-7000.