Central Securities Corp. Company Profile (NYSE:CET)

About Central Securities Corp.

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
  • Exchange: NYSE
  • Symbol: CET
  • CUSIP:
Key Metrics:
  • Previous Close: $23.49
  • 50 Day Moving Average: $22.58
  • 200 Day Moving Average: $21.46
  • 52-Week Range: $17.92 - $23.60
  • Trailing P/E Ratio: 5.16
  • Foreward P/E Ratio: -179.54
  • P/E Growth: 0.00
  • Market Cap: $580.72M
  • Outstanding Shares: 24,881,000
Additional Links:

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)
Annual Dividend:$1.56
Dividend Yield:6.68%
Dividend Growth:-35.80% (3 Year Average)
Payout Ratio:-1,114.29% (Based on Current Year Consensus EPS Estimate)
-1,200.00% (Based on Next Year Consensus EPS Estimate)

Dividend History 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 History 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

Latest Headlines for Central Securities Corp. (NYSE:CET)
DateHeadline
finance.yahoo.com logoCentral Securities Corporation Releases Annual Report to Stockholders as of December 31, 2016 (NYSE:CET)
finance.yahoo.com - February 7 at 5:20 PM
marketwatch.com logoThese 4 funds launched before the Great Depression still deliver for investors (NYSE:CET)
www.marketwatch.com - January 15 at 2:21 AM
marketwatch.com logoEtrion to Present at Pareto Securities Power and Renewable Energy Conference (NYSE:CET)
www.marketwatch.com - January 13 at 2:37 AM
News IconWhat You Must Know About Central Securities Corp’s (CET) 2.4% ROE? (NYSE:CET)
simplywall.st - January 11 at 4:40 PM
barrons.com logo[$$] Oldies but Goodies: Ancient Funds That Still Deliver (NYSE:CET)
www.barrons.com - January 7 at 3:18 AM
streetinsider.com logoFrontline (FRO) Says Thinking About Offering $100M of Common Stock (NYSE:CET)
www.streetinsider.com - December 9 at 3:03 AM
News IconReports: Trump to Pick Fast Food Executive Puzder to Lead Labor Department (NYSE:CET)
morningconsult.com - December 8 at 5:02 PM
News IconEven Chris Christie’s Bridgegate Lawyer Could Get a Trump Administration Job (NYSE:CET)
www.vanityfair.com - December 8 at 5:02 PM
seekingalpha.com logoDespite Sell-Off, Risks Remain In The Bond Market (NYSE:CET)
seekingalpha.com - December 8 at 5:02 PM
reuters.com logoBNY Mellon's payment woes its second big tech glitch in 18 months (NYSE:CET)
www.reuters.com - December 8 at 5:02 PM
News IconNairobi Securities Exchange to start offering ETFs in diversification drive (NYSE:CET)
www.africanbusinesscentral.com - December 8 at 5:02 PM
markets.financialcontent.com logoFRO - Contemplated offering of shares (NYSE:CET)
markets.financialcontent.com - December 8 at 5:01 PM
nasdaq.com logoAsian Shares Gain as Investors Welcome Trump Appointments -- 2nd Update (NYSE:CET)
www.nasdaq.com - December 8 at 6:12 AM
reuters.com logoFitch Rates SFund's USD Bonds Final 'A-' (NYSE:CET)
www.reuters.com - December 8 at 6:12 AM
News IconFGB, NBAD shareholders approve merger to create UAE's largest bank (NYSE:CET)
www.cpifinancial.net - December 8 at 6:12 AM
globenewswire.com logoOn Transactions under Regulation No. 2016/523 (NYSE:CET)
globenewswire.com - December 8 at 6:12 AM
News IconLONDON MARKETS: FTSE 100 Tilts Lower, With Investors Watching For ECB Decision (NYSE:CET)
fixedincome.fidelity.com - December 8 at 6:12 AM
News IconAccess Bank Warns Its Customers Against Patronising MMM (NYSE:CET)
www.nigeriatoday.ng - December 8 at 6:12 AM
bloomberg.com logoChina H-Shares Climb to Two-Month High as Autos, Financials Rise (NYSE:CET)
washpost.bloomberg.com - December 8 at 6:12 AM
globenewswire.com logoPCI Biotech: Rights issue approved by the extraordinary general meeting (NYSE:CET)
inpublic.globenewswire.com - December 8 at 6:12 AM
finance.yahoo.com logoCentral Securities Corporation Announces Issue Price … (NYSE:CET)
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 (NYSE:CET)
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 (NYSE:CET)
finance.yahoo.com - December 1 at 9:19 PM
publicnow.com logoConversion and assimilation of mBank S.A.’s shares by the Central Securities Depository of Poland... (NYSE:CET)
www.publicnow.com - November 21 at 9:04 AM
publicnow.com logoRegistration of 25.324 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.publicnow.com - November 15 at 10:00 AM
publicnow.com logoRegistration of 872 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.publicnow.com - October 14 at 11:18 AM
publicnow.com logoRegistration of series MB2 bonds in the Central Securities Depository of Poland (NYSE:CET)
www.publicnow.com - September 26 at 4:23 PM
seekingalpha.com logoCentral Securities Corporation: Getting Paid To Wait (NYSE:CET)
seekingalpha.com - September 16 at 4:04 PM
publicnow.com logoConditional registration of Capital Park Series D ordinary bearer shares with the Central Securities Depository of Poland (NYSE:CET)
www.publicnow.com - September 7 at 4:13 PM
publicnow.com logoConditional registration of Capital Park Series D ordinary bearer shares with the Central Securities Depository of Poland (NYSE:CET)
www.publicnow.com - September 7 at 4:13 PM
publicnow.com logoRegistration of 15,007 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.publicnow.com - August 11 at 12:20 PM
seekingalpha.com logoCentral Securities Fund: A Rock Solid Fund Available At A 20% Discount (NYSE:CET)
seekingalpha.com - May 13 at 9:00 AM
barrons.com logo[$$] Mailbag (NYSE:CET)
www.barrons.com - May 7 at 12:01 AM
News IconNew CPA.com RIVIO System Delivers Source-Validated Financial Documents (NYSE:CET)
www.cpapracticeadvisor.com - May 3 at 8:58 AM
seekingalpha.com logoDo You Hear The Soft Coos Of The Central Bank Doves? The Markets Hear Them (NYSE:CET)
seekingalpha.com - May 3 at 8:58 AM
News IconCentral electricity regulator to clear backlog of cases by October 2016 (NYSE:CET)
wap.business-standard.com - May 3 at 8:58 AM
prnewswire.com logoNeuralstem Prices Underwritten Public Offering of Securities (NYSE:CET)
www.prnewswire.com - May 3 at 8:58 AM
insidermonkey.com logoOne High-Flying Gold and Silver Producer and Two Other Companies Witness Insider Buying (NYSE:CET)
www.insidermonkey.com - May 2 at 9:48 AM
publicnow.com logoTermination of registry accounts held with the Central Securities Clearing Corporation (KDD) (NYSE:CET)
www.publicnow.com - March 30 at 8:00 AM
News IconNotice of Annual General Meeting in Seamless Distribution AB (Publ) (NYSE:CET)
www.virtual-strategy.com - March 21 at 7:49 AM
tmcnet.com logoNotice of Annual General Meeting in Getinge AB (NYSE:CET)
www.tmcnet.com - February 25 at 4:30 PM
finance.yahoo.com logoCentral Securities Corporation Releases Annual Report to Stockholders as of December 31, 2015 (NYSE:CET)
finance.yahoo.com - February 10 at 4:27 PM
noodls.com logoCentral Securities Corporation Declares Dividend (NYSE:CET)
www.noodls.com - December 4 at 1:39 PM
finance.yahoo.com logoCentral Securities Corporation Announces Issue Price of Shares for Distribution Payable December 22, 2015 (NYSE:CET)
finance.yahoo.com - December 3 at 5:12 PM
noodls.com logoRegistration of 387 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.noodls.com - November 12 at 4:16 AM
finance.yahoo.com logoCentral Securities Corporation Declares Year-End Distribution (NYSE:CET)
finance.yahoo.com - November 4 at 1:15 PM
noodls.com logoCentral Securities Corporation Releases Semi-Annual Report to Stockholders (NYSE:CET)
www.noodls.com - October 24 at 11:50 AM
finance.yahoo.com logoCentral Securities Corporation Releases Report to Stockholders (NYSE:CET)
finance.yahoo.com - October 23 at 5:12 PM
noodls.com logoRegistration of 9,568 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.noodls.com - October 1 at 2:24 AM
noodls.com logoRegistration of 18,812 shares of mBank S.A. in the Central Securities Depository of Poland (KDPW) (NYSE:CET)
www.noodls.com - July 20 at 3:20 AM

Social

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. declared a semiannual dividend on Friday, November 4th. Investors of record on Monday, November 14th will be given 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.

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 $23.34.

Central Securities Corp. (NYSE:CET) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Central Securities Corp. (NYSE:CET)

Earnings History Chart

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

Dividend History Chart

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

Last Updated on 2/25/2017 by MarketBeat.com Staff