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NASDAQ:CRMD

CorMedix (CRMD) Stock Price, News & Analysis

CorMedix logo
$7.54 -0.01 (-0.07%)
As of 01:44 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About CorMedix Stock (NASDAQ:CRMD)

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Key Stats

Today's Range
$7.48
$7.66
50-Day Range
$7.19
$8.96
52-Week Range
$6.13
$14.96
Volume
233,585 shs
Average Volume
1.73 million shs
Market Capitalization
$591.91 million
P/E Ratio
3.54
Dividend Yield
N/A
Price Target
$14.86
Consensus Rating
Moderate Buy

Company Overview

CorMedix Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies to reduce inflammation and prevent infection in critically and chronically ill patient populations. The company’s lead product candidate, Neutrolin, is a catheter lock solution that combines taurolidine, heparin and citrate to prevent catheter-related bloodstream infections (CRBSIs) in patients undergoing hemodialysis. Neutrolin has received market authorization in the European Union under the CE Mark and is positioned to address a significant unmet medical need for infection prevention in dialysis centers.

In addition to its lead asset, CorMedix is advancing a biochemical portfolio aimed at mitigating complications associated with peritoneal dialysis and other high-risk procedures. The company is engaged in clinical and regulatory activities designed to support product labeling updates and broader patient access. Collaborative partnerships with dialysis providers and distributors help position CorMedix to deliver its therapies into established treatment settings.

Founded in the mid-2000s and headquartered in Piscataway, New Jersey, CorMedix operates with a lean corporate structure that leverages external manufacturing and distribution networks. The company’s senior management team is led by President and Chief Executive Officer Craig Fraser, who brings more than 30 years of experience in the biopharmaceutical industry. CorMedix continues to pursue regulatory milestones and commercial arrangements that aim to expand its reach across North America, Europe and select emerging markets.

AI Generated. May Contain Errors.

CorMedix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

CRMD MarketRank™: 

CorMedix scored higher than 35% of companies evaluated by MarketBeat, and ranked 709th out of 893 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CorMedix has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 6 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    CorMedix has a consensus price target of $14.86, representing about 97.3% upside from its current price of $7.53.

  • Amount of Analyst Coverage

    CorMedix has only been the subject of 3 research reports in the past 90 days.

  • Read more about CorMedix's stock forecast and price target.
  • Earnings Growth

    Earnings for CorMedix are expected to decrease by -98.04% in the coming year, from $0.51 to $0.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CorMedix is 3.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.41.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CorMedix is 3.53, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 279.92.

  • Price to Book Value per Share Ratio

    CorMedix has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about CorMedix's valuation and earnings.
  • Percentage of Shares Shorted

    20.28% of the float of CorMedix has been sold short.
  • Short Interest Ratio / Days to Cover

    CorMedix has a short interest ratio ("days to cover") of 17.01, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in CorMedix has recently increased by 2.81%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    CorMedix does not currently pay a dividend.

  • Dividend Growth

    CorMedix does not have a long track record of dividend growth.

  • News Coverage This Week

    MarketBeat has tracked 2 news articles for CorMedix this week, compared to 5 articles on an average week.
  • Search Interest

    Only 3 people have searched for CRMD on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added CorMedix to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CorMedix insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    3.50% of the stock of CorMedix is held by insiders.

  • Percentage Held by Institutions

    34.18% of the stock of CorMedix is held by institutions.

  • Read more about CorMedix's insider trading history.
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CRMD Stock News Headlines

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CRMD Stock Analysis - Frequently Asked Questions

CorMedix's stock was trading at $11.63 at the start of the year. Since then, CRMD stock has decreased by 35.3% and is now trading at $7.53.

CorMedix Inc (NASDAQ:CRMD) issued its quarterly earnings results on Thursday, May, 14th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.08. The company's revenue for the quarter was up 226.1% on a year-over-year basis.
Read the conference call transcript
.

CorMedix's stock reverse split before market open on Tuesday, March 26th 2019.The 1-5 reverse split was announced on Thursday, March 21st 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 25th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

CorMedix's Board of Directors initiated a stock buyback program on Monday, February 2nd 2026, which authorizes the company to repurchase $75,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 12.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Top institutional shareholders of CorMedix include Hennion & Walsh Asset Management Inc. (0.56%). Insiders that own company stock include Joseph Todisco, Myron Kaplan, Kaufman Beth Zelnick, Elizabeth Hurlburt, Steven W Lefkowitz, Erin Mistry and Alan W Dunton.
View institutional ownership trends
.

Shares of CRMD 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CorMedix investors own include Voyager Therapeutics (VYGR), Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR).

Company Calendar

Last Earnings
5/14/2026
Today
8/04/2026
Next Earnings (Estimated)
8/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:CRMD
CIK
1410098
Employees
30
Year Founded
2006

Price Target and Rating

High Price Target
$19.00
Low Price Target
$13.00
Potential Upside/Downside
+97.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.13
Trailing P/E Ratio
3.53
Forward P/E Ratio
14.76
P/E Growth
N/A
Net Income
$163.05 million
Net Margins
45.25%
Pretax Margin
46.25%
Return on Equity
45.57%
Return on Assets
24.76%

Debt

Debt-to-Equity Ratio
0.33
Current Ratio
2.97
Quick Ratio
2.74

Sales & Book Value

Annual Sales
$311.71 million
Price / Sales
1.90
Cash Flow
$2.05 per share
Price / Cash Flow
3.68
Book Value
$5.14 per share
Price / Book
1.46

Miscellaneous

Outstanding Shares
78,450,000
Free Float
75,706,000
Market Cap
$590.73 million
Optionable
Optionable
Beta
1.50

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This page (NASDAQ:CRMD) was last updated on 8/4/2026 by MarketBeat.com Staff.
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