Central Securities Corporation is a non-diversified, closed-end management investment company. The Company's investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. The Company, from time to time, invests in securities the resale of which is restricted. The Company invests in various sectors, including insurance, technology hardware and equipment, diversified financial, semiconductor, banks, diversified industrial, healthcare, media, real estate investment trusts, retailing and others. Its short-term investments include investments in the United States Treasury Bills.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NYSE:CET
- CUSIP: N/A
- Web: N/A
Capitalization:- Market Cap: $621.53 million
- Outstanding Shares: 24,881,000
Average Prices:- 50 Day Moving Avg: $24.41
- 200 Day Moving Avg: $22.90
- 52 Week Range: $18.77 - $25.20
P/E:- Trailing P/E Ratio: 5.51
- Foreward P/E Ratio: -192.15
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $9.99 million
- Price / Sales: 62.21
- Book Value: $27.12 per share
- Price / Book: 0.92
Dividend:
Profitability:Misc:- Average Volume: 24,284 shs.
- Short Ratio: 0.29
Frequently Asked Questions for Central Securities Corp. (NYSE:CET)
What is Central Securities Corp.'s stock symbol?
Central Securities Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "CET."
How often does Central Securities Corp. pay dividends? What is the dividend yield for Central Securities Corp.?
Central Securities Corp. announced a semiannual dividend on Friday, November 4th. Stockholders of record on Monday, November 14th will be paid a dividend of $0.78 per share on Wednesday, December 21st. This represents a dividend yield of 7.55%. The ex-dividend date is Wednesday, November 9th. This is an increase from Central Securities Corp.'s previous semiannual dividend of $0.20. View Central Securities Corp.'s Dividend History.
Who are some of Central Securities Corp.'s key competitors?
Some companies that are related to Central Securities Corp. include Belmond Ltd (BEL), Vista Outdoor (VSTO), ACCO Brands (ACCO), EP Energy Corp (EPE), Hyster-Yale Materials Handling (HY), Milacron Holdings Corp (MCRN), Cellcom Israel (CEL), Emergent Biosolutions (EBS), Fairmount Santrol Holdings (FMSA), Advanced Drainage Systems (WMS), Fortress Transprtn and Infr Investrs LLC (FTAI), Barracuda Networks (CUDA), Callaway Golf Co (ELY), Chesapeake Utilities (CPK), NCI Building Systems (NCS), Triumph Group (TGI), Agree Realty (ADC) and Evertec (EVTC).
How do I buy Central Securities Corp. stock?
Shares of Central Securities Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Central Securities Corp. stock cost?
One share of Central Securities Corp. stock can currently be purchased for approximately $24.98.
Consensus Ratings for Central Securities Corp. (NYSE:CET) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Central Securities Corp. (NYSE:CET)
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No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Central Securities Corp. (NYSE:CET)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Central Securities Corp. (NYSE:CET)Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $-0.13 EPS
Current Dividend Information for Central Securities Corp. (NYSE:CET)| Most Recent Dividend: | 12/21/2016 |
| Annual Dividend: | $1.56 |
| Dividend Yield: | 6.24% |
| Dividend Growth: | -35.80% (3 Year Average) |
| Payout Ratio: | -1,114.29% (Based on This Year's Estimates)
-1,200.00% (Based on Next Year's Estimates)
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Dividend History by Quarter for Central Securities Corp. (NYSE:CET)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/4/2016 | semiannual | $0.78 | 7.55% | 11/9/2016 | 11/14/2016 | 12/21/2016 |
| 5/26/2016 | semiannual | $0.20 | 2% | 6/10/2016 | 6/14/2016 | 6/28/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Central Securities Corp. (NYSE:CET)Insider Trades by Quarter for Central Securities Corp. (NYSE:CET)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/28/2016 | Leo Price Blackford | Director | Buy | 7,500 | $21.49 | $161,175.00 |  |
| 7/8/2016 | Andrew J O'neill | VP | Sell | 1,900 | $19.68 | $37,392.00 | |
| 4/29/2016 | Jay R Inglis | Director | Buy | 7,300 | $19.67 | $143,591.00 | |
| 4/15/2016 | John C Hill | VP | Buy | 1,000 | $19.38 | $19,380.00 | |
| 3/15/2016 | John C Hill | VP | Buy | 1,000 | $18.83 | $18,830.00 | |
| 3/9/2016 | Leo Price Blackford | Director | Buy | 3,700 | $18.67 | $69,079.00 | |
| 3/7/2016 | John C Hill | VP | Buy | 1,000 | $18.74 | $18,740.00 | |
| 2/29/2016 | John C Hill | VP | Buy | 1,200 | $18.15 | $21,780.00 | |
| 2/8/2016 | John C Hill | VP | Buy | 2,000 | $17.27 | $34,540.00 | |
| 2/3/2016 | John C Hill | VP | Buy | 2,000 | $17.76 | $35,520.00 | |
| 12/4/2015 | Simms C Browning | Director | Buy | 5,000 | $19.48 | $97,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Central Securities Corp. (NYSE:CET)
Latest Headlines for Central Securities Corp. (NYSE:CET)
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Central Securities Corp. (CET) Chart for Tuesday, May, 23, 2017
