Central Securities Corp. Company Profile (NYSE:CET)

About Central Securities Corp. (NYSE:CET)

Central Securities Corp. logoCentral 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:
  • Dividend Yield: 6.3%
Profitability:
  • EBIDTA: $4.59 million
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?

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.

Analyst Ratings

Consensus Ratings for Central Securities Corp. (NYSE:CET) (?)
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)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Central Securities Corp. (NYSE:CET)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Central Securities Corp. (NYSE:CET)
Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $-0.13 EPS

Dividends

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)
Dividend Payments by Quarter for Central Securities Corp. (NYSE:CET)

Dividend History by Quarter for Central Securities Corp. (NYSE:CET)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/4/2016semiannual$0.787.55%11/9/201611/14/201612/21/2016
5/26/2016semiannual$0.202%6/10/20166/14/20166/28/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Central Securities Corp. (NYSE:CET)
Insider Trades by Quarter for Central Securities Corp. (NYSE:CET)
Insider Trades by Quarter for Central Securities Corp. (NYSE:CET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/28/2016Leo Price BlackfordDirectorBuy7,500$21.49$161,175.00View SEC Filing  
7/8/2016Andrew J O'neillVPSell1,900$19.68$37,392.00View SEC Filing  
4/29/2016Jay R InglisDirectorBuy7,300$19.67$143,591.00View SEC Filing  
4/15/2016John C HillVPBuy1,000$19.38$19,380.00View SEC Filing  
3/15/2016John C HillVPBuy1,000$18.83$18,830.00View SEC Filing  
3/9/2016Leo Price BlackfordDirectorBuy3,700$18.67$69,079.00View SEC Filing  
3/7/2016John C HillVPBuy1,000$18.74$18,740.00View SEC Filing  
2/29/2016John C HillVPBuy1,200$18.15$21,780.00View SEC Filing  
2/8/2016John C HillVPBuy2,000$17.27$34,540.00View SEC Filing  
2/3/2016John C HillVPBuy2,000$17.76$35,520.00View SEC Filing  
12/4/2015Simms C BrowningDirectorBuy5,000$19.48$97,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Central Securities Corp. (NYSE:CET)
Latest Headlines for Central Securities Corp. (NYSE:CET)
Source:
DateHeadline
marketwatch.com logoGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Hongli Clean Energy Technologies Corp. (CETC)
www.marketwatch.com - May 12 at 9:53 PM
americanbankingnews.com logoCentral Securities Corp. (CET) Getting Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 27 at 8:14 PM
americanbankingnews.com logoCentral Securities Corp. (CET) Receives Coverage Optimism Score of 0.13
www.americanbankingnews.com - April 20 at 6:15 PM
marketwatch.com logoEtrion to Present at Pareto Securities' Nordic Corporate Bond Conference
www.marketwatch.com - March 1 at 11:02 AM
finance.yahoo.com logoCentral Securities Corporation Releases Annual Report to Stockholders as of December 31, 2016
finance.yahoo.com - February 7 at 5:20 PM
marketwatch.com logoThese 4 funds launched before the Great Depression still deliver for investors
www.marketwatch.com - January 15 at 2:21 AM
marketwatch.com logoEtrion to Present at Pareto Securities Power and Renewable Energy Conference
www.marketwatch.com - January 13 at 2:37 AM
barrons.com logo[$$] Oldies but Goodies: Ancient Funds That Still Deliver
www.barrons.com - January 7 at 3:18 AM
streetinsider.com logoFrontline (FRO) Says Thinking About Offering $100M of Common Stock
www.streetinsider.com - December 9 at 3:03 AM
seekingalpha.com logoDespite Sell-Off, Risks Remain In The Bond Market
seekingalpha.com - December 8 at 5:02 PM
reuters.com logoBNY Mellon's payment woes its second big tech glitch in 18 months
www.reuters.com - December 8 at 5:02 PM
nasdaq.com logoAsian Shares Gain as Investors Welcome Trump Appointments -- 2nd Update
www.nasdaq.com - December 8 at 6:12 AM
reuters.com logoFitch Rates SFund's USD Bonds Final 'A-'
www.reuters.com - December 8 at 6:12 AM
globenewswire.com logoOn Transactions under Regulation No. 2016/523
globenewswire.com - December 8 at 6:12 AM
finance.yahoo.com logoCentral Securities Corporation Announces Issue Price …
finance.yahoo.com - December 1 at 9:19 PM
finance.yahoo.com logoCentral Securities Corporation Announces Issue Price of Shares for Distribution Payable December 21, 2016
finance.yahoo.com - December 1 at 9:19 PM
finance.yahoo.com logo4:53 pm Central Securities Corp. announces issue price of shares for distribution of $0.78 per share payable December 21, 2016 is $21.42 per share
finance.yahoo.com - December 1 at 9:19 PM
seekingalpha.com logoCentral Securities Corporation: Getting Paid To Wait
seekingalpha.com - September 16 at 4:04 PM
seekingalpha.com logoCentral Securities Fund: A Rock Solid Fund Available At A 20% Discount
seekingalpha.com - May 13 at 9:00 AM
barrons.com logo[$$] Mailbag
www.barrons.com - May 7 at 12:01 AM
seekingalpha.com logoDo You Hear The Soft Coos Of The Central Bank Doves? The Markets Hear Them
seekingalpha.com - May 3 at 8:58 AM
prnewswire.com logoNeuralstem Prices Underwritten Public Offering of Securities
www.prnewswire.com - May 3 at 8:58 AM
finance.yahoo.com logoCentral Securities Corporation Releases Annual Report to Stockholders as of December 31, 2015
finance.yahoo.com - February 10 at 4:27 PM
finance.yahoo.com logoCentral Securities Corporation Declares Year-End Distribution
finance.yahoo.com - November 4 at 1:15 PM
finance.yahoo.com logoCentral Securities Corporation Releases Report to Stockholders
finance.yahoo.com - October 23 at 5:12 PM

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Chart

Central Securities Corp. (CET) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff