NASDAQ:CRMD

CorMedix (CRMD) Stock Price, News & Analysis

$5.19
-0.14 (-2.63%)
(As of 05:12 PM ET)
Today's Range
$5.11
$5.41
50-Day Range
$3.24
$6.39
52-Week Range
$2.57
$7.00
Volume
736,959 shs
Average Volume
552,582 shs
Market Capitalization
$284.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.00

CorMedix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
150.5% Upside
$13.00 Price Target
Short Interest
Bearish
17.11% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.28mentions of CorMedix in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$50,718 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.83) to ($0.31) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.50 out of 5 stars

Medical Sector

676th out of 907 stocks

Pharmaceutical Preparations Industry

309th out of 422 stocks

CRMD stock logo

About CorMedix Stock (NASDAQ:CRMD)

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.

CRMD Stock Price History

CRMD Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
CorMedix Inc. Announces CMS Grants TDAPA to DefenCath
CorMedix Inc. (NASDAQ:CRMD) Short Interest Up 6.2% in March
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
CRMD Apr 2024 7.000 call
CRMD Apr 2024 8.000 put
CRMD Apr 2024 6.000 put
CRMD Apr 2024 3.000 put
CRMD Apr 2024 3.000 call
Truist Financial Reaffirms Their Buy Rating on Cormedix (CRMD)
CorMedix Shares Move Lower After 4Q Update
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CRMD
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$19.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+149.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-46,340,000.00
Pretax Margin
-132,646.69%

Debt

Sales & Book Value

Annual Sales
$60,000.00
Book Value
$1.28 per share

Miscellaneous

Free Float
52,839,000
Market Cap
$285.56 million
Optionable
Optionable
Beta
1.86
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Key Executives

  • Mr. Joseph Todisco MBA (Age 47)
    CEO & Director
    Comp: $1.07M
  • Dr. Matthew T. David M.D. (Age 45)
    Executive VP & CFO
    Comp: $597.27k
  • Ms. Erin Mistry (Age 41)
    Executive VP & Chief Commercial Officer
    Comp: $561.57k
  • Ms. Elizabeth Masson-Hurlburt B.A. (Age 44)
    Executive VP and Chief Clinical Strategy & Operations Officer
    Comp: $538.91k
  • Ms. Kaufman Beth Zelnick Esq.
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Donna Ucci
    Senior VP & Head of Global Quality
  • Dr. Tushar Mukherjee
    Senior VP & Head of Technical Operations

CRMD Stock Analysis - Frequently Asked Questions

Should I buy or sell CorMedix stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CorMedix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRMD shares.
View CRMD analyst ratings
or view top-rated stocks.

What is CorMedix's stock price target for 2024?

4 equities research analysts have issued 1 year price objectives for CorMedix's shares. Their CRMD share price targets range from $9.00 to $19.00. On average, they expect the company's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 150.5% from the stock's current price.
View analysts price targets for CRMD
or view top-rated stocks among Wall Street analysts.

How have CRMD shares performed in 2024?

CorMedix's stock was trading at $3.76 at the beginning of 2024. Since then, CRMD shares have increased by 38.0% and is now trading at $5.19.
View the best growth stocks for 2024 here
.

Are investors shorting CorMedix?

CorMedix saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 9,380,000 shares, an increase of 13.7% from the March 31st total of 8,250,000 shares. Based on an average trading volume of 587,000 shares, the short-interest ratio is currently 16.0 days.
View CorMedix's Short Interest
.

When is CorMedix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our CRMD earnings forecast
.

How were CorMedix's earnings last quarter?

CorMedix Inc. (NASDAQ:CRMD) released its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.05.

What ETFs hold CorMedix's stock?

ETFs with the largest weight of CorMedix (NASDAQ:CRMD) stock in their portfolio include Amplify Treatments, Testing and Advancements ETF (GERM).Invesco Nasdaq Future Gen 200 ETF (QQQS).

When did CorMedix's stock split?

Shares of CorMedix reverse split on the morning of Tuesday, March 26th 2019. The 1-5 reverse split was announced on Thursday, March 21st 2019. The number of shares owned by shareholders was adjusted after the market closes on Monday, March 25th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What other stocks do shareholders of CorMedix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CorMedix investors own include Amarin (AMRN), NVIDIA (NVDA), AcelRx Pharmaceuticals (ACRX), Gigamon (GIMO), Conatus Pharmaceuticals (CNAT), Nabriva Therapeutics (NBRV), QUALCOMM (QCOM), AVEO Pharmaceuticals (AVEO), Boeing (BA) and Marvell Technology (MRVL).

Who are CorMedix's major shareholders?

CorMedix's stock is owned by a number of retail and institutional investors. Top institutional shareholders include GSG Advisors LLC (0.07%). Insiders that own company stock include Elizabeth Masson-Hurlburt, Joseph Todisco, Matthew T David and Myron Kaplan.
View institutional ownership trends
.

How do I buy shares of CorMedix?

Shares of CRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRMD) was last updated on 4/25/2024 by MarketBeat.com Staff

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