Compass Diversified - CODI Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Compass Diversified in the last twelve months. There are currently 1 hold rating and 1 buy rating 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.

2 Wall Street analysts have issued 12-month price objectives for Compass Diversified's stock. Their CODI share price forecasts range from $32.00 to $33.00. On average, they predict the company's share price to reach $32.50 in the next year. This suggests a possible upside of 38.5% 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 $30.58 at the beginning of 2022. Since then, CODI stock has decreased by 23.3% and is now trading at $23.46.
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Compass Diversified saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,950,000 shares, an increase of 177.2% from the June 15th total of 703,500 shares. Based on an average trading volume of 519,000 shares, the short-interest ratio is currently 3.8 days. Currently, 3.9% of the shares of the company are short sold.
View Compass Diversified's Short Interest.

Compass Diversified is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CODI earnings forecast.

Compass Diversified (NYSE:CODI) released its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.50 by $0.15. The financial services provider had revenue of $488.16 million for the quarter, compared to the consensus estimate of $471.11 million. Compass Diversified had a trailing twelve-month return on equity of 14.46% and a net margin of 7.82%. During the same period last year, the company posted $0.36 EPS.

Compass Diversified declared a quarterly dividend on Tuesday, July 5th. Investors of record on Thursday, July 21st will be paid a dividend of $0.25 per share on Thursday, July 28th. This represents a $1.00 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Wednesday, July 20th.
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 4.20%. CODI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 83.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CODI will have a dividend payout ratio of 138.89% in the coming year. This indicates that the company may not be able to sustain their current 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 many different retail and institutional investors. Top institutional investors include Royce & Associates LP (1.70%), Essex Financial Services Inc. (1.13%), Gilman Hill Asset Management LLC (0.54%), North Star Investment Management Corp. (0.44%), Janney Montgomery Scott LLC (0.37%) and ING Groep NV (0.19%). 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 $23.46.

Compass Diversified (NYSE:CODI) has a market capitalization of $1.65 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 $1.20 on an earnings per share basis.

Compass Diversified 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.