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

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

Comtech Telecomm. announced a quarterly dividend on Friday, December 6th. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.10 per share on Friday, February 14th. This represents a $0.40 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, January 14th. View Comtech Telecomm.'s Dividend History.

Comtech Telecomm. Corp. (NASDAQ:CMTL) released its earnings results on Wednesday, December, 4th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $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 guidance of $1.42-$1.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.35. The company issued revenue guidance of $712-$732 million, compared to the consensus revenue estimate of $691.85 million.

3 equities research analysts have issued twelve-month price targets for Comtech Telecomm.'s stock. Their forecasts range from $36.00 to $44.00. On average, they expect Comtech Telecomm.'s stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 8.0% 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..

Press coverage about CMTL stock has trended extremely negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Comtech Telecomm. earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Comtech Telecomm..

Comtech Telecomm. saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 577,900 shares, an increase of 27.9% from the November 28th total of 451,800 shares. Based on an average trading volume of 188,900 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.4% of the shares of the stock are sold short. 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), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and NetGear (NTGR).

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

Comtech Telecomm.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.49%), Assenagon Asset Management S.A. (0.33%), Wedge Capital Management L L P NC (0.28%), Strs Ohio (0.09%), Campbell & CO Investment Adviser LLC (0.06%) and Eqis Capital Management Inc. (0.05%). Company insiders that own Comtech Telecomm. stock include Edwin Kantor, Fred Kornberg, John Branscum 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 Louisiana State Employees Retirement System. Company insiders that have sold Comtech Telecomm. company stock in the last year include John Branscum and Richard L Burt. View Insider Buying and Selling for Comtech Telecomm..

CMTL stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., New York State Teachers Retirement System, Wedge Capital Management L L P NC, Campbell & CO Investment Adviser LLC, Eqis Capital Management Inc., Strs Ohio and Zurcher Kantonalbank Zurich Cantonalbank . 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 $37.05.

Comtech Telecomm. has a market capitalization of $903.65 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.