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: Capitalization:
  • Market Cap: $637.37 million
  • Outstanding Shares: 24,810,000
Average Prices:
  • 50 Day Moving Avg: $25.03
  • 200 Day Moving Avg: $24.76
  • 52 Week Range: $20.06 - $25.99
P/E:
  • Trailing P/E Ratio: 3.9031
  • Foreward P/E Ratio: -197.62
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $11.36 million
  • Price / Sales: 56.11
  • Book Value: $29.89 per share
  • Price / Book: 0.86
Dividend:
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $5.88 million
  • Net Margins: 1,132.55%
  • Return on Equity: 20.70%
  • Return on Assets: 20.68%
Misc:
  • Average Volume: 17,672 shs.
  • Short Ratio: 0.24
 

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 Thursday, May 25th. Investors of record on Tuesday, June 13th will be paid a dividend of $0.20 per share on Tuesday, June 27th. This represents a yield of 1.6%. The ex-dividend date is Friday, June 9th. View Central Securities Corp.'s Dividend History.

Who are some of Central Securities Corp.'s key competitors?

Who are Central Securities Corp.'s key executives?

Central Securities Corp.'s management team includes the folowing people:

  • Wilmot Higgins Kidd III, Chairman of the Board, President
  • Lawrence P. Vogel, Vice President, Treasurer
  • Marlene A. Krumholz, Vice President, Secretary
  • John C. Hill, Vice President
  • Andrew J. O'Neill, Vice President
  • Leo Price Blackford, Lead Independent Director
  • Simms C. Browning, Independent Director
  • Donald G. Calder, Independent Director
  • David C. Colander, Independent Director
  • Jay R. Inglis, Independent Director

Who owns Central Securities Corp. stock?

Central Securities Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Deschutes Portfolio Strategy LLC (1.12%), Shaker Financial Services LLC (1.09%), Royal Bank of Canada (0.21%), Zuckerman Investment Group LLC (0.15%), Institute for Wealth Management LLC. (0.14%) and First Manhattan Co. (0.13%). Company insiders that own Central Securities Corp. stock include Andrew J O'neill, Jay R Inglis, John C Hill, Leo Price Blackford and Simms C Browning. View Institutional Ownership Trends for Central Securities Corp..

Who sold Central Securities Corp. stock? Who is selling Central Securities Corp. stock?

Central Securities Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, CNH Partners LLC, Royal Bank of Canada, Sii Investments Inc. WI, Stratos Wealth Partners LTD. and Citigroup Inc.. View Insider Buying and Selling for Central Securities Corp..

Who bought Central Securities Corp. stock? Who is buying Central Securities Corp. stock?

Central Securities Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Institute for Wealth Management LLC., Wells Fargo & Company MN and Deschutes Portfolio Strategy LLC. Company insiders that have bought Central Securities Corp. stock in the last two years include Jay R Inglis, John C Hill, Leo Price Blackford and Simms C Browning. View Insider Buying and Selling for Central Securities Corp..

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.

What is Central Securities Corp.'s stock price today?

One share of Central Securities Corp. stock can currently be purchased for approximately $25.69.


MarketBeat Community Rating for Central Securities Corp. (NYSE CET)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  15 (Vote Outperform)
Underperform Votes:  12 (Vote Underperform)
Total Votes:  27
MarketBeat's community ratings are surveys of what our community members think about Central Securities Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Central Securities Corp. (NYSE:CET) (How are Consensus Ratings Calculated?)
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:6/27/2017
Annual Dividend:$0.40
Dividend Yield:1.56%
Dividend Growth:-35.80% (3 Year Average)
Payout Ratio:-285.71% (Based on This Year's Estimates)
-307.69% (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
5/25/2017semiannual$0.201.6%6/9/20176/13/20176/27/2017
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)
Institutional Ownership 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
finance.yahoo.com logoIs Central Securities Corp’s (CET) PE Ratio A Signal To Buy For Investors?
finance.yahoo.com - September 11 at 5:47 PM
finance.yahoo.com logoWilmot H. Kidd IV Elected to the Board of Directors of Central Securities Corporation
finance.yahoo.com - July 26 at 5:42 PM
americanbankingnews.com logoCentral Securities Corp. (CET) Declares Semiannual Dividend of $0.20
www.americanbankingnews.com - May 25 at 7:20 PM
finance.yahoo.com logoCentral Securities Corporation Declares Dividend
finance.yahoo.com - May 24 at 4:06 PM
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 Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff