MIND C.T.I. (MNDO) Stock Forecast, Price & News

MIND C.T.I.'s stock was trading at $2.10 on January 1st, 2023. Since then, MNDO stock has decreased by 8.1% and is now trading at $1.93.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our MNDO earnings forecast.

MIND C.T.I. Ltd (NASDAQ:MNDO) announced its quarterly earnings data on Wednesday, March, 8th. The information technology services provider reported $0.06 EPS for the quarter. The information technology services provider had revenue of $5.37 million for the quarter. MIND C.T.I. had a net margin of 24.04% and a trailing twelve-month return on equity of 23.47%.

MIND C.T.I. announced an annual dividend on Wednesday, March 8th. Investors of record on Wednesday, March 22nd will be paid a dividend of $0.24 per share on Thursday, April 6th. This represents a yield of 10.48%. The ex-dividend date is Tuesday, March 21st.
Read our dividend analysis for MNDO.

MIND C.T.I. (NASDAQ:MNDO) pays an annual dividend of $0.24 per share and currently has a dividend yield of 12.31%. MNDO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 96.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MNDO.

15 employees have rated MIND C.T.I. Chief Executive Officer Monica Iancu on Glassdoor.com. Monica Iancu has an approval rating of 43% among the company's employees. This puts Monica Iancu in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other MIND C.T.I. investors own include Energy Transfer (ET), Gilead Sciences (GILD), AT&T (T), Ares Capital (ARCC), Pfizer (PFE), Cisco Systems (CSCO), Verizon Communications (VZ), AGNC Investment (AGNC), Ford Motor (F) and Annaly Capital Management (NLY).

MIND C.T.I. trades on the NASDAQ under the ticker symbol "MNDO."

MIND C.T.I.'s stock is owned by a number of institutional and retail investors. Top institutional investors include Burgundy Asset Management Ltd. (0.19%), Renaissance Technologies LLC (0.15%), Susquehanna International Group LLP (0.07%) and Simplex Trading LLC (0.00%).

Shares of MNDO 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 MNDO stock can currently be purchased for approximately $1.93.

MIND C.T.I. (NASDAQ:MNDO) has a market capitalization of $38.83 million and generates $21.55 million in revenue each year. The information technology services provider earns $5.29 million in net income (profit) each year or $0.25 on an earnings per share basis.

The company employs 214 workers across the globe.

MIND C.T.I.'s mailing address is 2 HACARMEL STREET, YOQNEAM L3, 2069202. The official website for the company is www.mindcti.com. The information technology services provider can be reached via phone at (724) 993-6666, via email at investor@mindcti.com, or via fax at 972-4993-7776.