CSP - CSPI Stock Forecast, Price & News

CSP's stock was trading at $9.43 at the beginning of 2023. Since then, CSPI shares have increased by 38.2% and is now trading at $13.03.
View the best growth stocks for 2023 here.

CSP saw a decrease in short interest in March. As of March 15th, there was short interest totaling 900 shares, a decrease of 60.9% from the February 28th total of 2,300 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.
View CSP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our CSPI earnings forecast.

CSP Inc. (NASDAQ:CSPI) released its earnings results on Wednesday, February, 8th. The information technology services provider reported $0.21 earnings per share (EPS) for the quarter. The information technology services provider earned $18.34 million during the quarter. CSP had a trailing twelve-month return on equity of 8.18% and a net margin of 5.03%.

CSP announced a quarterly dividend on Wednesday, February 8th. Stockholders of record on Friday, February 24th will be paid a dividend of $0.03 per share on Tuesday, March 14th. This represents a $0.12 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Thursday, February 23rd.
Read our dividend analysis for CSPI.

CSP (NASDAQ:CSPI) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.98%. The dividend payout ratio is 17.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CSPI.

25 employees have rated CSP Chief Executive Officer Victor Dellovo on Glassdoor.com. Victor Dellovo has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CSP investors own include Allena Pharmaceuticals (ALNA), International Paper (IP), BCE (BCE), British American Tobacco (BTI), Cinemark (CNK), CenterPoint Energy (CNP), Corbus Pharmaceuticals (CRBP), Dominion Energy (D), Enbridge (ENB) and Enterprise Products Partners (EPD).

CSP trades on the NASDAQ under the ticker symbol "CSPI."

CSP's stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.50%). Insiders that own company stock include C Shelton James, Gary W Levine, Joseph R Nerges, Joseph R Nerges, Mike Newbanks and Victor Dellovo.
View institutional ownership trends.

Shares of CSPI 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.
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One share of CSPI stock can currently be purchased for approximately $13.03.

CSP (NASDAQ:CSPI) has a market capitalization of $60.85 million and generates $54.36 million in revenue each year. The information technology services provider earns $1.89 million in net income (profit) each year or $0.70 on an earnings per share basis.

The company employs 112 workers across the globe.

CSP's mailing address is 175 Cabot Street - Suite 210, Lowell MA, 01854. The official website for the company is www.cspi.com. The information technology services provider can be reached via phone at (978) 954-5038, via email at ir@cspi.com, or via fax at 978-663-0150.