Cornerstone Progressive Return Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return. The Fund invests primarily all of its assets in equity securities of the United States issuers, non- United States issuers whose securities trade on the United States securities exchange or over the counter or as American depositary receipts (ADRs) or other forms of depositary receipts, such as international depositary receipts (IDRs), which trade in the United States, closed-end investment companies and exchange-traded funds (ETFs). The Fund pursues current income, as a component of total return, by investing in dividend-paying equity securities and the United States dollar-denominated debt securities. The Fund's investment advisor is Cornerstone Advisors, Inc.
Industry, Sector and Symbol
Stock Exchange NYSEMKT
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSEMKT:CFP
CUSIPN/A
WebN/A
Phone+1-866-6686558
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-28.64%
Return on Equity-0.48%
Return on Assets-0.48%
Miscellaneous
EmployeesN/A
Outstanding SharesN/A
Market Cap$0.00
Cornerstone Progressive Return Fund (NYSEMKT:CFP) Frequently Asked Questions
What is Cornerstone Progressive Return Fund's stock symbol?
Cornerstone Progressive Return Fund trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "CFP."
What price target have analysts set for CFP?
1 Wall Street analysts have issued twelve-month price targets for Cornerstone Progressive Return Fund's stock. Their forecasts range from $21.25 to $21.25. On average, they expect Cornerstone Progressive Return Fund's stock price to reach $21.25 in the next year. View Analyst Ratings for Cornerstone Progressive Return Fund.
What is the consensus analysts' recommendation for Cornerstone Progressive Return Fund?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cornerstone Progressive Return Fund in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Has Cornerstone Progressive Return Fund been receiving favorable news coverage?
Media coverage about CFP stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cornerstone Progressive Return Fund earned a media sentiment score of 0.18 on Accern's scale. They also assigned news articles about the investment management company an impact score of 45.10 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
How do I buy shares of Cornerstone Progressive Return Fund?
Shares of CFP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How can I contact Cornerstone Progressive Return Fund?
Cornerstone Progressive Return Fund's mailing address is 48 Wall St, NEW YORK, NY 10005-2903, United States. The investment management company can be reached via phone at +1-866-6686558.
MarketBeat Community Rating for Cornerstone Progressive Return Fund (NYSEMKT CFP)
MarketBeat's community ratings are surveys of what our community members think about Cornerstone Progressive Return Fund and other stocks. Vote "Outperform" if you believe CFP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFP will underperform the S&P 500 over the long term. You may vote once every thirty days.
