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 given a dividend of $0.10 per share on Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Tuesday, January 14th. View Comtech Telecomm.'s Dividend History.

Comtech Telecomm. Corp. (NASDAQ:CMTL) issued its earnings results on Wednesday, December, 4th. The communications equipment provider reported $0.27 earnings per share (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 analyst estimates of $153.83 million. Comtech Telecomm. had a return on equity of 6.64% and a net margin of 4.10%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 earnings per share. 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 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 brokerages have issued 1 year target prices 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 10.3% 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..

News coverage about CMTL stock has been trending extremely negative on Monday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Comtech Telecomm. earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Comtech Telecomm..

Comtech Telecomm. saw a increase in short interest in 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 daily volume of 188,900 shares, the short-interest ratio is currently 3.1 days. Currently, 2.4% of the shares of the company 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), F5 Networks (FFIV), Juniper Networks (JNPR), 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), NVIDIA (NVDA), Roku (ROKU), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV) and Enterprise Products Partners (EPD).

Comtech Telecomm.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.33%), Wedge Capital Management L L P NC (0.28%) and Louisiana State Employees Retirement System (0.03%). 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. and Wedge Capital Management L L P NC. 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 $36.26.

Comtech Telecomm. has a market capitalization of $884.38 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.