NASDAQ:CRMD CorMedix (CRMD) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free CRMD Stock Alerts $4.24 +0.08 (+1.92%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$4.17▼$4.2650-Day Range$2.94▼$4.2452-Week Range$2.57▼$6.09Volume339,668 shsAverage Volume539,197 shsMarket Capitalization$232.40 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/Downside206.6% Upside$13.00 Price TargetShort InterestBearish14.18% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.35Based on 2 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.1.31 out of 5 starsMedical Sector756th out of 939 stocksPharmaceutical Preparations Industry356th out of 441 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, CorMedix has a forecasted upside of 206.6% from its current price of $4.24.Amount of Analyst CoverageCorMedix has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted14.18% 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 17.7, which indicates bearish sentiment.Change versus previous monthShort interest in CorMedix has recently increased by 0.65%, indicating that investor sentiment is decreasing. 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 2.4 News and Social Media Coverage News SentimentCorMedix has a news sentiment score of 1.35. 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 is a higher news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CorMedix this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for CRMD on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added CorMedix to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 3.60% 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 -4.61, 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 -4.61, 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 3.31. 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 Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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 HeadlinesMarch 15, 2024 | insidertrades.comCorMedix Inc. (NASDAQ:CRMD) CEO Joseph Todisco Purchases 13,561 SharesMarch 27, 2024 | finance.yahoo.comCorMedix Inc. to Present at the Needham Annual Healthcare ConferenceMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 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 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!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)March 12, 2024 | msn.comCorMedix (CRMD) Q4 2023 Earnings Call TranscriptMarch 12, 2024 | finance.yahoo.comCormedix Inc (CRMD) Reports Increased Operating Expenses Amid Pre-Launch Activities for DefenCathMarch 12, 2024 | finanznachrichten.deCorMedix, Inc.: CorMedix Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business UpdateMarch 12, 2024 | sfgate.comCorMedix: Q4 Earnings SnapshotMarch 12, 2024 | globenewswire.comCorMedix Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business UpdateMarch 11, 2024 | benzinga.com6CRMD : Cormedix Earnings PreviewMarch 6, 2024 | globenewswire.comCorMedix Inc. to Report Fourth Quarter and Full Year 2023 Financial Results and Provide a Corporate Update on March 12, 2024February 22, 2024 | benzinga.comCormedix Stock (NASDAQ:CRMD), Short Interest ReportJanuary 31, 2024 | msn.comCorMedix Announces DefenCath Launch and CMS Benefit ApprovalJanuary 31, 2024 | markets.businessinsider.comBuy Rating Affirmed: Cormedix’s DefenCath Poised for Success with Positive Reimbursement Outlook and Strategic Launch PlanJanuary 31, 2024 | markets.businessinsider.comBuy Rating Affirmed: Cormedix’s DefenCath Poised for Success with Positive Reimbursement Outlook and Strategic Launch PlanJanuary 31, 2024 | markets.businessinsider.comBuy Rating Affirmed on Cormedix Following DefenCath Reimbursement Approval and Strong Launch OutlookJanuary 31, 2024 | markets.businessinsider.comBuy Rating Affirmed on Cormedix Following DefenCath Reimbursement Approval and Strong Launch OutlookSee 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 Earnings11/08/2021Today3/29/2024Next 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+206.6%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 / Sales3,873.24 Cash FlowN/A Price / Cash FlowN/A Book Value$1.28 per share Price / Book3.31Miscellaneous Outstanding Shares54,810,000Free Float52,839,000Market Cap$232.39 million OptionableOptionable Beta1.85 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 CompetitorsAtossa TherapeuticsNASDAQ:ATOSVerrica PharmaceuticalsNASDAQ:VRCAG1 TherapeuticsNASDAQ:GTHXVanda PharmaceuticalsNASDAQ:VNDAChiasmaNASDAQ:CHMAView All CompetitorsInsiders & InstitutionsNomura 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)Vanguard Group Inc.Bought 174,587 shares on 3/11/2024Ownership: 5.155%Goldman Sachs Group Inc.Sold 5,873 shares on 3/1/2024Ownership: 0.068%Virtu Financial LLCBought 27,379 shares on 2/26/2024Ownership: 0.050%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 equities research 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 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 brokerages have issued 1-year target prices 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 year. This suggests a possible upside of 206.6% 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 start of the year. Since then, CRMD stock has increased by 12.8% and is now trading at $4.24. View the best growth stocks for 2024 here. 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) posted its earnings results on Monday, November, 8th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by $0.04. The business earned $0.04 million during the quarter, compared to analyst estimates of $0.01 million. What ETF holds CorMedix's stock? Amplify Treatments, Testing and Advancements ETF holds 12,811 shares of CRMD stock, representing 0.39% of its portfolio. When did CorMedix's stock split? CorMedix's stock reverse split before market open on 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 number of institutional and retail investors. Top institutional investors include Nomura Holdings Inc. (5.38%), Nomura Holdings Inc. (5.38%), Vanguard Group Inc. (5.15%), Vanguard Group Inc. (5.15%), Nuveen Asset Management LLC (0.44%) and Barclays PLC (0.40%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CorMedix Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.