Cornerstone Progressive Return Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return. The Fund invests primarily all of its assets in equity securities of the United States issuers, non- United States issuers whose securities trade on the United States securities exchange or over the counter or as American depositary receipts (ADRs) or other forms of depositary receipts, such as international depositary receipts (IDRs), which trade in the United States, closed-end investment companies and exchange-traded funds (ETFs). The Fund pursues current income, as a component of total return, by investing in dividend-paying equity securities and the United States dollar-denominated debt securities. The Fund's investment advisor is Cornerstone Advisors, Inc.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NYSE:CFP
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $16.68
- 200 Day Moving Avg: $15.83
- 52 Week Range: $12.52 - $18.72
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.17
- P/E Growth: 0.00
- Average Volume: 130,938 shs.
Frequently Asked Questions for Cornerstone Progressive Return Fund (NYSE:CFP)
What is Cornerstone Progressive Return Fund's stock symbol?
Cornerstone Progressive Return Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFP."
Where is Cornerstone Progressive Return Fund's stock going? Where will Cornerstone Progressive Return Fund's stock price be in 2017?
1 analysts have issued twelve-month price objectives for Cornerstone Progressive Return Fund's stock. Their predictions range from $41.00 to $41.00. On average, they expect Cornerstone Progressive Return Fund's share price to reach $41.00 in the next year. View Analyst Ratings for Cornerstone Progressive Return Fund.
Who are some of Cornerstone Progressive Return Fund's key competitors?
Some companies that are related to Cornerstone Progressive Return Fund include HDFC Bank Limited (HDB), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Alibaba Group Holding Ltd (BABA), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), General Electric Company (GE), Wal-Mart Stores (WMT), AT&T (T), Royal Dutch Shell plc (RDS.B), Anheuser Busch Inbev NV (BUD), China Mobile (CHL), Procter & Gamble Co (PG), Royal Dutch Shell plc (RDS.A) and Visa (V).
How do I buy Cornerstone Progressive Return Fund stock?
Shares of Cornerstone Progressive Return Fund 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 Cornerstone Progressive Return Fund stock cost?
One share of Cornerstone Progressive Return Fund stock can currently be purchased for approximately $16.83.
Consensus Ratings for Cornerstone Progressive Return Fund (NYSE:CFP) (?) 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: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$41.00 (143.61% upside)|
Analysts' Ratings History for Cornerstone Progressive Return Fund (NYSE:CFP)
(Data available from 5/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/23/2017||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$40.00 -> $41.00||Low|
Earnings History for Cornerstone Progressive Return Fund (NYSE:CFP)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Cornerstone Progressive Return Fund (NYSE:CFP)
Current Year EPS Consensus Estimate: $0.60 EPS
Next Year EPS Consensus Estimate: $0.98 EPS
Current Dividend Information for Cornerstone Progressive Return Fund (NYSE:CFP)
|Most Recent Dividend:||9/30/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Cornerstone Progressive Return Fund (NYSE:CFP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Cornerstone Progressive Return Fund (NYSE:CFP)
Latest Headlines for Cornerstone Progressive Return Fund (NYSE:CFP)
Cornerstone Progressive Return Fund (CFP) Chart for Friday, May, 26, 2017