S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
This Tech Stock Could be the Next Amazon (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
This Tech Stock Could be the Next Amazon (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
This Tech Stock Could be the Next Amazon (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
This Tech Stock Could be the Next Amazon (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
NASDAQ:CORT

Corcept Therapeutics - CORT Stock Forecast, Price & News

$21.66
+0.03 (+0.14%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$21.58
$21.93
50-Day Range
$19.20
$24.47
52-Week Range
$17.19
$30.14
Volume
1.17 million shs
Average Volume
782,708 shs
Market Capitalization
$2.34 billion
P/E Ratio
24.61
Dividend Yield
N/A
Price Target
$28.50

Corcept Therapeutics MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.6% Upside
$28.50 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-1.06
Upright™ Environmental Score
News Sentiment
1.12mentions of Corcept Therapeutics in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.71%
From $0.85 to $0.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Medical Sector

175th out of 1,004 stocks

Pharmaceutical Preparations Industry

75th out of 489 stocks


CORT stock logo

About Corcept Therapeutics (NASDAQ:CORT) Stock

Corcept Therapeutics, Inc. is a commercial-stage pharmaceutical company, which engages in the discovery, development and commercialization of medications to treat severe metabolic, oncologic and psychiatric disorders. It focuses on the development of drugs for disorders that are associated with a steroid hormone called cortisol. Its products include korlym and korlym support. The company was founded by David B. Singer and Joseph K. Belanoff on May 13, 1998 and is headquartered in Menlo Park, CA.

Receive CORT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Corcept Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

CORT Stock News Headlines

5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
Corcept Therapeutics Initiates CATALYST Clinical Trial
Analyst Expectations for Corcept Therapeutics's Future
5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
Q4 2022 Corcept Therapeutics Inc Earnings Call
Corcept: Q4 Earnings Snapshot
See More Headlines
Receive CORT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Corcept Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

CORT Company Calendar

Last Earnings
2/28/2023
Today
3/31/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceuticals
Sector
Medical
Current Symbol
NASDAQ:CORT
CUSIP
21835210
Employees
238
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$28.50
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+31.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$101.42 million
Pretax Margin
28.91%

Debt

Sales & Book Value

Annual Sales
$401.86 million
Cash Flow
$0.96 per share
Book Value
$4.66 per share

Miscellaneous

Free Float
87,830,000
Market Cap
$2.34 billion
Optionable
Optionable
Beta
0.48

Social Links


Key Executives

  • Joseph K. Belanoff
    President, Chief Executive Officer & Director
  • Atabak Mokari
    Chief Financial Officer
  • Hazel Hunt
    Chief Scientific Officer
  • Sean MaduckSean Maduck
    President-Corcept Endocrinology
  • William Guyer
    Chief Development Officer













CORT Stock - Frequently Asked Questions

Should I buy or sell Corcept Therapeutics stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corcept Therapeutics in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CORT shares.
View CORT analyst ratings
or view top-rated stocks.

What is Corcept Therapeutics' stock price forecast for 2023?

4 equities research analysts have issued twelve-month price targets for Corcept Therapeutics' stock. Their CORT share price forecasts range from $22.00 to $32.00. On average, they expect the company's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price.
View analysts price targets for CORT
or view top-rated stocks among Wall Street analysts.

How have CORT shares performed in 2023?

Corcept Therapeutics' stock was trading at $20.31 at the beginning of the year. Since then, CORT shares have increased by 6.6% and is now trading at $21.66.
View the best growth stocks for 2023 here
.

When is Corcept Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our CORT earnings forecast
.

How were Corcept Therapeutics' earnings last quarter?

Corcept Therapeutics Incorporated (NASDAQ:CORT) announced its quarterly earnings results on Tuesday, February, 28th. The biotechnology company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.09. The biotechnology company had revenue of $103.06 million for the quarter, compared to analysts' expectations of $106.93 million. Corcept Therapeutics had a net margin of 25.21% and a trailing twelve-month return on equity of 22.20%. The business's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.26 earnings per share.

What guidance has Corcept Therapeutics issued on next quarter's earnings?

Corcept Therapeutics issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $430.00 million-$450.00 million, compared to the consensus revenue estimate of $434.79 million.

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.

What other stocks do shareholders of Corcept Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corcept Therapeutics investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), AbbVie (ABBV), CA (CA), Alibaba Group (BABA), BlackRock (BLK), Inovio Pharmaceuticals (INO), Pfizer (PFE) and Activision Blizzard (ATVI).

What is Corcept Therapeutics' stock symbol?

Corcept Therapeutics trades on the NASDAQ under the ticker symbol "CORT."

Who are Corcept Therapeutics' major shareholders?

Corcept Therapeutics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.77%), Ingalls & Snyder LLC (6.34%), Parallel Advisors LLC (3.46%), Dimensional Fund Advisors LP (1.94%), Boston Trust Walden Corp (1.72%) and Geode Capital Management LLC (1.60%). Insiders that own company stock include Daniel N Swisher Jr, G Leonard Baker Jr, G Leonard Baker, Jr, Gary Charles Robb, Joseph Douglas Lyon, Joseph K Belanoff and Sean Maduck.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Corcept Therapeutics' stock price today?

One share of CORT stock can currently be purchased for approximately $21.66.

How much money does Corcept Therapeutics make?

Corcept Therapeutics (NASDAQ:CORT) has a market capitalization of $2.34 billion and generates $401.86 million in revenue each year. The biotechnology company earns $101.42 million in net income (profit) each year or $0.88 on an earnings per share basis.

How many employees does Corcept Therapeutics have?

The company employs 238 workers across the globe.

How can I contact Corcept Therapeutics?

Corcept Therapeutics' mailing address is 149 COMMONWEALTH DRIVE, MENLO PARK CA, 94025. The official website for the company is www.corcept.com. The biotechnology company can be reached via phone at (650) 327-3270, via email at cjames@corcept.com, or via fax at 650-327-3218.

This page (NASDAQ:CORT) was last updated on 4/1/2023 by MarketBeat.com Staff