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 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Tuesday, January 14th. View Comtech Telecomm.'s Dividend History.

Comtech Telecomm. Corp. (NASDAQ:CMTL) released its quarterly earnings data on Wednesday, December, 4th. The communications equipment provider reported $0.27 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.08. The communications equipment provider had revenue of $170.30 million for 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 company's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business 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 (EPS) guidance of $1.42-$1.56 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $712-$732 million, compared to the consensus revenue estimate of $691.85 million.

3 Wall Street analysts have issued 12-month target prices for Comtech Telecomm.'s shares. Their forecasts range from $36.00 to $44.00. On average, they anticipate Comtech Telecomm.'s share 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 headlines about CMTL stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Comtech Telecomm. earned a news impact score of 1.5 on InfoTrie's scale. They also gave news articles 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 term. 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 days-to-cover ratio is presently 3.1 days. Approximately 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), Micron Technology (MU) and Taiwan Semiconductor Mfg. (TSM).

Comtech Telecomm.'s stock is owned by a number of 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.