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NASDAQ:CRMD

CorMedix (CRMD) Stock Price, News & Analysis

CorMedix logo
$7.39 -0.07 (-0.94%)
Closing price 04:00 PM Eastern
Extended Trading
$7.39 +0.00 (+0.05%)
As of 07:30 PM Eastern
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About CorMedix Stock (NASDAQ:CRMD)

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Key Stats

Today's Range
$7.33
▼
$7.55
50-Day Range
$7.10
▼
$8.61
52-Week Range
$6.13
▼
$13.02
Volume
1.42 million shs
Average Volume
930,198 shs
Market Capitalization
$575.98 million
P/E Ratio
3.93
Dividend Yield
N/A
Price Target
$15.00
Consensus Rating
Moderate Buy

Company Overview

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing products designed to prevent and treat infectious and inflammatory diseases. The company’s lead product is DefenCath® (taurolidine and heparin), an antimicrobial catheter-lock solution intended to reduce the risk of catheter-related bloodstream infections in adult patients with kidney failure who receive chronic hemodialysis through a central venous catheter.

The U.S. Food and Drug Administration approved DefenCath in 2023. The product is used to fill and lock the lumens of dialysis catheters between treatment sessions, helping protect against infection while maintaining catheter patency. CorMedix markets DefenCath in the United States and is focused on expanding its use within the U.S. dialysis-care market.

CorMedix was founded in 2006 and is headquartered in Berkeley Heights, New Jersey. The company continues to evaluate additional applications for its taurolidine-based technology and related opportunities in infection prevention and other high-risk healthcare settings. David Mehalick serves as CorMedix’s president and chief executive officer.

AI Generated. May Contain Errors.

CorMedix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

CRMD MarketRank™: 
3.08775161163 of 5 stars

CorMedix scored higher than 62% of companies evaluated by MarketBeat, and ranked 352nd out of 877 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CorMedix has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on no strong buy ratings, 7 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    CorMedix has a consensus price target of $15.00, representing about 103.0% upside from its current price of $7.39.

  • Amount of Analyst Coverage

    CorMedix has only been the subject of 3 research reports in the past 90 days.

  • Read more about CorMedix's stock forecast and price target.
  • Earnings Growth

    Earnings for CorMedix are expected to decrease by -74.07% in the coming year, from $0.54 to $0.14 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CorMedix is 3.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CorMedix is 3.45, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 275.97.

  • Price to Earnings Growth Ratio

    CorMedix has a PEG Ratio of 1.37. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CorMedix has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about CorMedix's valuation and earnings.
  • Percentage of Shares Shorted

    20.50% of the float of CorMedix has been sold short.
  • Short Interest Ratio / Days to Cover

    CorMedix has a short interest ratio ("days to cover") of 18.9, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in CorMedix has recently decreased by 4.81%, indicating that investor sentiment is improving.
  • Dividend Yield

    CorMedix does not currently pay a dividend.

  • Dividend Growth

    CorMedix does not have a long track record of dividend growth.

  • News Sentiment

    CorMedix has a news sentiment score of 1.41. 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 0.70 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for CorMedix this week, compared to 5 articles on an average week.
  • Search Interest

    12 people have searched for CRMD on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added CorMedix to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CorMedix insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    3.50% of the stock of CorMedix is held by insiders.

  • Percentage Held by Institutions

    34.18% of the stock of CorMedix is held by institutions.

  • Read more about CorMedix's insider trading history.
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CRMD Stock News Headlines

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CRMD Stock Analysis - Frequently Asked Questions

CorMedix's stock was trading at $11.63 at the beginning of 2026. Since then, CRMD shares have decreased by 36.5% and is now trading at $7.39.

CorMedix Inc (NASDAQ:CRMD) announced its earnings results on Thursday, August, 13th. The company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.05. The business had revenue of $101.93 million for the quarter, compared to the consensus estimate of $96.04 million. CorMedix had a trailing twelve-month return on equity of 40.52% and a net margin of 40.49%.
Read the conference call transcript
.

CorMedix shares reverse split 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 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.

CorMedix's board approved a stock buyback program on Monday, February 2nd 2026, which authorizes the company to repurchase $75,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 12.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CorMedix investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Palantir Technologies (PLTR) and Qualcomm (QCOM).

Company Calendar

Last Earnings
8/13/2026
Today
10/13/2026
Next Earnings (Estimated)
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:CRMD
CIK
1410098
Employees
191
Year Founded
2006

Price Target and Rating

High Price Target
$19.00
Low Price Target
$13.00
Potential Upside/Downside
+103.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.14
Trailing P/E Ratio
3.93
Forward P/E Ratio
13.69
P/E Growth
1.38
Net Income
$163.05 million
Net Margins
40.49%
Pretax Margin
44.00%
Return on Equity
40.52%
Return on Assets
20.61%

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
2.56
Quick Ratio
2.36

Sales & Book Value

Annual Sales
$311.71 million
Price / Sales
1.85
Cash Flow
$2.02 per share
Price / Cash Flow
3.65
Book Value
$5.14 per share
Price / Book
1.44

Miscellaneous

Outstanding Shares
77,940,000
Free Float
75,216,000
Market Cap
$575.98 million
Optionable
Optionable
Beta
1.40

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This page (NASDAQ:CRMD) was last updated on 10/13/2026 by MarketBeat.com Staff.
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