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 year. 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.

2 Wall Street research analysts have issued 1-year price objectives for Compass Diversified's stock. Their CODI share price forecasts range from $33.00 to $33.00. On average, they anticipate the company's stock price to reach $33.00 in the next year. This suggests a possible upside of 52.0% from the stock's current price.
View analysts price targets for CODI or view top-rated stocks among Wall Street analysts.

Compass Diversified's stock was trading at $18.23 at the beginning of the year. Since then, CODI shares have increased by 19.1% and is now trading at $21.71.
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Compass Diversified saw a decrease in short interest in January. As of January 15th, there was short interest totaling 642,000 shares, a decrease of 27.7% from the December 31st total of 888,100 shares. Based on an average daily volume of 249,400 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.0% of the company's shares are short sold.
View Compass Diversified's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CODI earnings forecast.

Compass Diversified (NYSE:CODI) announced its quarterly earnings data on Thursday, November, 3rd. The financial services provider reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.29. The financial services provider had revenue of $597.61 million for the quarter, compared to the consensus estimate of $549.37 million. Compass Diversified had a trailing twelve-month return on equity of 9.34% and a net margin of 3.26%.

Compass Diversified announced a quarterly dividend on Wednesday, January 4th. Shareholders of record on Thursday, January 19th will be given a dividend of $0.25 per share on Thursday, January 26th. This represents a $1.00 annualized dividend and a dividend yield of 4.61%. The ex-dividend date is Wednesday, January 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 4.66%. CODI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,000.00%. 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 47.17% 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 investors include Gilman Hill Asset Management LLC (0.55%), North Star Investment Management Corp. (0.40%), Opus Capital Group LLC (0.12%), Private Advisor Group LLC (0.05%), Allspring Global Investments Holdings LLC (0.02%) and Peak Financial Advisors LLC (0.02%). 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 $21.71.

Compass Diversified (NYSE:CODI) has a market capitalization of $1.57 billion and generates $1.84 billion in revenue each year. The financial services provider earns $114.55 million in net income (profit) each year or $0.02 on an earnings per share basis.

The company employs 4,257 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.