Compass Diversified (CODI) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Compass Diversified in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 on January 1st, 2023. Since then, CODI shares have increased by 3.0% and is now trading at $18.77.
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Compass Diversified saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 818,100 shares, a decline of 10.7% from the August 15th total of 916,100 shares. Based on an average daily volume of 128,400 shares, the short-interest ratio is currently 6.4 days. Approximately 1.3% of the shares of the company are sold short.
View Compass Diversified's Short Interest.

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

Compass Diversified (NYSE:CODI) released its quarterly earnings results on Wednesday, August, 2nd. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.08. The financial services provider earned $524.16 million during the quarter, compared to the consensus estimate of $559.30 million. Compass Diversified had a net margin of 2.95% and a trailing twelve-month return on equity of 8.12%.

Compass Diversified announced a quarterly dividend on Wednesday, July 5th. Investors of record on Thursday, July 20th will be given a dividend of $0.25 per share on Thursday, July 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date is Wednesday, July 19th.
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).

Compass Diversified (NYSE:CODI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.33%. CODI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 256.42%. 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 51.28% 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."

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 $18.77.

Compass Diversified (NYSE:CODI) has a market capitalization of $1.35 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 $0.39 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.