Compass Diversified (CODI) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Compass Diversified in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CODI shares.
View CODI analyst ratings or view top-rated stocks.

Compass Diversified's stock was trading at $18.23 at the start of the year. Since then, CODI shares have increased by 13.9% and is now trading at $20.77.
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Compass Diversified saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 660,100 shares, an increase of 18.3% from the October 15th total of 558,000 shares. Based on an average trading volume of 151,900 shares, the short-interest ratio is currently 4.3 days. Currently, 1.1% of the company's stock are short sold.
View Compass Diversified's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our CODI earnings forecast.

Compass Diversified (NYSE:CODI) announced its quarterly earnings results on Thursday, November, 2nd. The financial services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by $0.03. The financial services provider had revenue of $569.57 million for the quarter, compared to analyst estimates of $576.60 million. Compass Diversified had a trailing twelve-month return on equity of 11.86% and a net margin of 2.61%.

Compass Diversified announced a quarterly dividend on Tuesday, October 3rd. Shareholders of record on Thursday, October 19th will be paid a dividend of $0.25 per share on Thursday, October 26th. This represents a $1.00 annualized dividend and a yield of 4.81%. The ex-dividend date of this dividend is Wednesday, October 18th.
Read our dividend analysis for CODI.

Compass Diversified (NYSE:CODI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.83%. CODI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 370.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CODI will have a dividend payout ratio of 52.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CODI.

ETFs with the largest weight of Compass Diversified (NYSE:CODI) stock in their portfolio include ProShares Global Listed Private Equity ETF (PEX), Gabelli Financial Services Opportunities ETF (GABF) and Opus Small Cap Value Plus ETF (OSCV).Invesco Global Listed Private Equity ETF (PSP).

2 employees have rated Compass Diversified Chief Executive Officer Joe Massoud on Glassdoor.com. Joe Massoud has an approval rating of 50% among the company's employees. This puts Joe Massoud in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Compass Diversified investors own include Innovative Industrial Properties (IIPR), AT&T (T), Enterprise Products Partners (EPD), NVIDIA (NVDA), QUALCOMM (QCOM), Verizon Communications (VZ), Intel (INTC), Pfizer (PFE), Altria Group (MO) and Alibaba Group (BABA).

Compass Diversified's stock is owned by a number of retail and institutional investors. Top institutional shareholders include American Century Companies Inc. (7.88%), William Blair Investment Management LLC (2.44%), The Manufacturers Life Insurance Company (2.10%), Schroder Investment Management Group (1.88%), Royal Bank of Canada (1.35%) and Essex Financial Services Inc. (1.08%). Insiders that own company stock include Anholt Investments Ltd, D Eugene Ewing, Elias Sabo, Gordon M Burns, Patrick A Maciariello, Ryan J Faulkingham and Sarah Gaines Mccoy.
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Shares of CODI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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