NASDAQ:CRMD CorMedix (CRMD) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free CRMD Stock Alerts $5.46 +0.18 (+3.41%) (As of 11:16 AM ET) Add Compare Share Share Today's Range$5.26▼$5.4950-Day Range$3.08▼$6.3952-Week Range$2.57▼$7.00Volume149,836 shsAverage Volume546,131 shsMarket Capitalization$299.26 millionP/E RatioN/ADividend YieldN/APrice Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get CorMedix alerts: Email Address CorMedix MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside138.1% Upside$13.00 Price TargetShort InterestBearish15.05% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 7 Articles This WeekInsider TradingAcquiring Shares$50,718 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.83) to ($0.31) Per ShareSee Full Details Hide Full Details 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.1.49 out of 5 starsMedical Sector682nd out of 910 stocksPharmaceutical Preparations Industry315th out of 426 stocks 3.5 Analyst's Opinion Consensus RatingCorMedix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCorMedix has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted15.05% of the outstanding shares of CorMedix have been sold short.Short Interest Ratio / Days to CoverCorMedix has a short interest ratio ("days to cover") of 18.6, which indicates bearish sentiment.Change versus previous monthShort interest in CorMedix has recently increased by 6.18%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCorMedix does not currently pay a dividend.Dividend GrowthCorMedix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRMD. Previous Next 3.1 News and Social Media Coverage News SentimentCorMedix has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CorMedix this week, compared to 2 articles on an average week.Search Interest11 people have searched for CRMD on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.MarketBeat Follows6 people have added CorMedix to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CorMedix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,718.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.60% of the stock of CorMedix is held by insiders.Percentage Held by InstitutionsOnly 34.18% of the stock of CorMedix is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CorMedix are expected to grow in the coming year, from ($0.83) to ($0.31) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CorMedix is -5.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CorMedix is -5.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCorMedix has a P/B Ratio of 4.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. 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.Read More CRMD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRMD Stock News HeadlinesApril 20, 2024 | investing.comCorMedix product 'DefenCath' gains CMS transitional payment statusApril 20, 2024 | finanznachrichten.deCorMedix, Inc.: CorMedix Inc. Announces CMS Grants TDAPA to DefenCathApril 23, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 19, 2024 | marketwatch.comCorMedix Shares Rise 6% After DefenCath Meets Payment CriteriaApril 19, 2024 | globenewswire.comCorMedix Inc. Announces CMS Grants TDAPA to DefenCathApril 18, 2024 | americanbankingnews.comCorMedix Inc. (NASDAQ:CRMD) Short Interest Up 6.2% in MarchApril 15, 2024 | investorplace.comBiotech on a Budget: 7 Stocks Under $10 With Huge PotentialApril 15, 2024 | globenewswire.comCorMedix Inc. Announces U.S. Inpatient Commercial Availability of DefenCath® (Taurolidine and Heparin)April 23, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.April 15, 2024 | finance.yahoo.comCRMD Apr 2024 7.000 callApril 15, 2024 | finance.yahoo.comCRMD Apr 2024 8.000 putApril 11, 2024 | finance.yahoo.comCorMedix Inc. Announces Abstracts at Upcoming Society for Healthcare Epidemiology of America ConferenceApril 11, 2024 | globenewswire.comCorMedix Inc. Announces Abstracts at Upcoming Society for Healthcare Epidemiology of America ConferenceApril 9, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Neurocrine (NBIX), Shandong Weigao Group Medical Polymer Co (OtherSHWGF) and Cormedix (CRMD)April 8, 2024 | globenewswire.comCorMedix Inc. Announces Commercial Agreement With ARC Dialysis, LLCApril 2, 2024 | finance.yahoo.comBreakeven On The Horizon For CorMedix Inc. (NASDAQ:CRMD)March 27, 2024 | finance.yahoo.comCorMedix Inc. to Present at the Needham Annual Healthcare ConferenceMarch 16, 2024 | finance.yahoo.comCRMD Apr 2024 6.000 putMarch 16, 2024 | finance.yahoo.comCRMD Apr 2024 3.000 putMarch 16, 2024 | finance.yahoo.comCRMD Apr 2024 3.000 callMarch 13, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Cormedix (CRMD)March 13, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Cencora (COR), Cormedix (CRMD) and NeueHealth Inc (NEUE)March 13, 2024 | finance.yahoo.comCorMedix Inc. (NASDAQ:CRMD) Q4 2023 Earnings Call TranscriptMarch 13, 2024 | seekingalpha.comAyr Wellness reports mixed Q4 results; initiates Q1 FY24 outlookMarch 12, 2024 | markets.businessinsider.comBuy Rating on Cormedix Amidst DefenCath Launch and Strong Financial PositioningMarch 12, 2024 | marketwatch.comCorMedix Shares Move Lower After 4Q UpdateMarch 12, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: Cormedix (CRMD), PROCEPT BioRobotics (PRCT)See More Headlines Receive CRMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CorMedix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/12/2024Today4/22/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:CRMD CUSIPN/A CIK1410098 Webwww.cormedix.com Phone(908) 517-9500Fax908-429-4307Employees82Year FoundedN/APrice Target and Rating Average Stock Price Target$13.00 High Stock Price Target$19.00 Low Stock Price Target$9.00 Potential Upside/Downside+146.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.92) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-46,340,000.00 Net MarginsN/A Pretax Margin-132,646.69% Return on Equity-72.31% Return on Assets-63.97% Debt Debt-to-Equity RatioN/A Current Ratio6.97 Quick Ratio6.78 Sales & Book Value Annual Sales$60,000.00 Price / Sales4,823.28 Cash FlowN/A Price / Cash FlowN/A Book Value$1.28 per share Price / Book4.13Miscellaneous Outstanding Shares54,810,000Free Float52,291,000Market Cap$289.40 million OptionableOptionable Beta1.86 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Joseph Todisco MBA (Age 47)CEO & Director Comp: $1.07MDr. Matthew T. David M.D. (Age 45)Executive VP & CFO Comp: $597.27kMs. Erin Mistry (Age 41)Executive VP & Chief Commercial Officer Comp: $561.57kMs. Elizabeth Masson-Hurlburt B.A. (Age 44)Executive VP and Chief Clinical Strategy & Operations Officer Comp: $538.91kMs. Kaufman Beth Zelnick Esq.Executive VP, Chief Legal Officer & Corporate SecretaryDonna UcciSenior VP & Head of Global QualityDr. Tushar MukherjeeSenior VP & Head of Technical OperationsMore ExecutivesKey CompetitorsVerrica PharmaceuticalsNASDAQ:VRCAInozyme PharmaNASDAQ:INZYAkebia TherapeuticsNASDAQ:AKBAErascaNASDAQ:ERASTerns PharmaceuticalsNASDAQ:TERNView All CompetitorsInsiders & InstitutionsGSG Advisors LLCSold 12,000 shares on 4/11/2024Ownership: 0.068%Nomura Holdings Inc.Sold 4,980 shares on 3/27/2024Ownership: 5.376%Joseph TodiscoBought 13,561 shares on 3/13/2024Total: $50,718.14 ($3.74/share)Nomura Holdings Inc.Sold 4,980 shares on 2/14/2024Ownership: 5.376%Tower Research Capital LLC TRC Bought 10,695 shares on 2/13/2024Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions CRMD Stock Analysis - Frequently Asked Questions Should I buy or sell CorMedix stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CorMedix in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12 month price targets for CorMedix's shares. Their CRMD share price targets range from $9.00 to $19.00. On average, they anticipate the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 138.1% 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 45.2% and is now trading at $5.46. View the best growth stocks for 2024 here. Are investors shorting CorMedix? CorMedix saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 8,250,000 shares, an increase of 6.2% from the March 15th total of 7,770,000 shares. Based on an average daily volume of 443,800 shares, the short-interest ratio is currently 18.6 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) announced its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate 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 closing bell 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 variety of retail and institutional investors. Top institutional investors 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. 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