Compass Diversified (CODI) Stock Forecast, Price & News

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 beginning of 2023. Since then, CODI stock has increased by 10.4% and is now trading at $20.12.
View the best growth stocks for 2023 here.

Compass Diversified saw a increase in short interest in May. As of May 15th, there was short interest totaling 969,800 shares, an increase of 18.8% from the April 30th total of 816,500 shares. Based on an average daily trading volume, of 198,500 shares, the days-to-cover ratio is presently 4.9 days. Approximately 1.6% of the company's stock are sold short.
View Compass Diversified's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CODI earnings forecast.

Compass Diversified (NYSE:CODI) issued its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.15. The financial services provider had revenue of $488.16 million for the quarter, compared to analysts' expectations of $471.11 million. Compass Diversified had a net margin of 5.24% and a trailing twelve-month return on equity of 7.27%. During the same period in the prior year, the business posted $0.36 EPS.

Compass Diversified declared a quarterly dividend on Monday, April 3rd. Stockholders of record on Thursday, April 20th will be paid a dividend of $0.25 per share on Thursday, April 27th. This represents a $1.00 annualized dividend and a dividend yield of 4.97%. The ex-dividend date is Wednesday, April 19th.
Read our dividend analysis for CODI.

ETFs with the largest weight of Compass Diversified (NYSE:CODI) stock in their portfolio include Gabelli Financial Services Opportunities ETF (GABF), ProShares Global Listed Private Equity ETF (PEX), Opus Small Cap Value Plus ETF (OSCV), Invesco Global Listed Private Equity ETF (PSP), Small Cap US Equity Select ETF (RNSC), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ),

Compass Diversified (NYSE:CODI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.10%. CODI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 109.89%. 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 49.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CODI.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CODI."

Compass Diversified's stock is owned by a number of retail and institutional investors. Top institutional shareholders include American Century Companies Inc. (7.89%), BlackRock Inc. (4.53%), William Blair Investment Management LLC (2.59%), GW&K Investment Management LLC (1.94%), State Street Corp (1.47%) and Royce & Associates LP (1.43%). Insiders that own company stock include Anholt Investments Ltd, D Eugene Ewing, Elias Sabo, Gordon M Burns, Gordon M Burns, Patrick A Maciariello, Ryan J Faulkingham and Sarah Gaines Mccoy.
View institutional ownership trends.

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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One share of CODI stock can currently be purchased for approximately $20.12.

Compass Diversified (NYSE:CODI) has a market capitalization of $1.45 billion and generates $2.26 billion in revenue each year. The financial services provider earns $36.39 million in net income (profit) each year or $0.91 on an earnings per share basis.

The company employs 5,120 workers across the globe.

Compass Diversified's mailing address is 301 RIVERSIDE AVENUE SECOND FLOOR, WESTPORT CT, 06880. The official website for the company is www.compassequity.com. The financial services provider can be reached via phone at (203) 221-1703, via email at lberman@igbir.com, or via fax at 203-221-8253.