Compass Diversified - CODI Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Compass Diversified in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CODI shares.
View CODI analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price objectives for Compass Diversified's shares. Their CODI share price forecasts range from $33.00 to $33.00. On average, they predict the company's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 84.5% 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 the year. Since then, CODI shares have decreased by 41.5% and is now trading at $17.89.
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Compass Diversified saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,120,000 shares, a decrease of 22.2% from the October 31st total of 1,440,000 shares. Based on an average daily volume of 244,500 shares, the days-to-cover ratio is presently 4.6 days. Approximately 1.8% of the company's shares are sold short.
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) issued its quarterly earnings data on Thursday, November, 3rd. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.29. The financial services provider earned $597.61 million during the quarter, compared to analysts' expectations 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 declared a quarterly dividend on Tuesday, October 4th. Stockholders of record on Thursday, October 20th will be paid a dividend of $0.25 per share on Thursday, October 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date is Wednesday, October 19th.
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 5.68%. 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 45.05% 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.82%), BlackRock Inc. (4.40%), The Manufacturers Life Insurance Company (1.68%), Royce & Associates LP (1.65%), State Street Corp (1.37%) and Royal Bank of Canada (1.30%). 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 $17.89.

Compass Diversified (NYSE:CODI) has a market capitalization of $1.29 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.