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NASDAQ:CORT

Corcept Therapeutics (CORT) Stock Price, News & Analysis

$35.60
+0.73 (+2.09%)
(As of 07/26/2024 ET)
Today's Range
$34.90
$35.94
50-Day Range
$27.52
$34.87
52-Week Range
$20.84
$35.95
Volume
901,755 shs
Average Volume
1.31 million shs
Market Capitalization
$3.71 billion
P/E Ratio
33.59
Dividend Yield
N/A
Price Target
$45.10

Corcept Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.7% Upside
$45.10 Price Target
Short Interest
Bearish
25.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
1.02mentions of Corcept Therapeutics in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$2.66 M Sold Last Quarter
Proj. Earnings Growth
56.84%
From $0.95 to $1.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Medical Sector

34th out of 936 stocks

Pharmaceutical Preparations Industry

10th out of 436 stocks

CORT stock logo

About Corcept Therapeutics Stock (NASDAQ:CORT)

Corcept Therapeutics Incorporated engages in discovery and development of drugs for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. It offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous cushing's syndrome; and who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing relacorilant, which is in phase III clinical trial for the treatment of cushing's syndrome; treatment for adrenal cancer and cortisol excess which is in phase 1b clinical trial; treatment for prostate cancer which is in phase II clinical trial; and nab-paclitaxel in combination with relacorilant, which is in phase III clinical trial to treat platinum-resistant ovarian tumors. In addition, it develops dazucorilant, which is in phase II clinical trial for the treatment of amyotrophic lateral sclerosis; miricorilant, which is in phase IIb trial for the treatment of nonalcoholic steatohepatitis; and treatment for antipsychotic induced weight gain that is in phase I trial. The company was incorporated in 1998 and is headquartered in Menlo Park, California.

CORT Stock Price History

CORT Stock News Headlines

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
CORT Aug 2024 36.000 call
CORT Aug 2024 29.000 put
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Corcept Therapeutics Stock Merits Accumulation
3 Biotech Stocks for Investing in the Future
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:CORT
CUSIP
21835210
Employees
352
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$45.10
High Stock Price Target
$65.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+27.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$106.14 million
Pretax Margin
26.95%

Debt

Sales & Book Value

Annual Sales
$482.38 million
Cash Flow
$0.99 per share
Book Value
$4.92 per share

Miscellaneous

Free Float
82,767,000
Market Cap
$3.69 billion
Optionable
Optionable
Beta
0.44

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CORT Stock Analysis - Frequently Asked Questions

How have CORT shares performed this year?

Corcept Therapeutics' stock was trading at $32.48 on January 1st, 2024. Since then, CORT stock has increased by 9.6% and is now trading at $35.60.
View the best growth stocks for 2024 here
.

How were Corcept Therapeutics' earnings last quarter?

Corcept Therapeutics Incorporated (NASDAQ:CORT) announced its earnings results on Wednesday, May, 1st. The biotechnology company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.04. The company's quarterly revenue was up 38.9% on a year-over-year basis.

What is Joseph K. Belanoff's approval rating as Corcept Therapeutics' CEO?

6 employees have rated Corcept Therapeutics Chief Executive Officer Joseph K. Belanoff on Glassdoor.com. Joseph K. Belanoff has an approval rating of 100% among the company's employees. This puts Joseph K. Belanoff in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Corcept Therapeutics' major shareholders?

Corcept Therapeutics' top institutional investors include Boston Trust Walden Corp (1.52%), Bank of New York Mellon Corp (0.65%), Cambridge Investment Research Advisors Inc. (0.27%) and Allspring Global Investments Holdings LLC (0.12%). Insiders that own company stock include Joseph K Belanoff, Sean Maduck, Hazel Hunt, Gary Charles Robb, David L Mahoney, Joseph Douglas Lyon, Daniel N Swisher Jr, William Guyer and Daniel N Swisher, Jr.
View institutional ownership trends
.

How do I buy shares of Corcept Therapeutics?

Shares of CORT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Corcept Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Corcept Therapeutics investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), AbbVie (ABBV), Xtrackers California Municipal Bond ETF (CA), Alibaba Group (BABA) and BlackRock (BLK).

This page (NASDAQ:CORT) was last updated on 7/26/2024 by MarketBeat.com Staff

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