NYSEMKT:CFP - Cornerstone Progressive Return Fund Stock Price, News, & Analysis

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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.

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Industry, Sector and Symbol

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Current SymbolNYSEMKT:CFP
CUSIP21925C101
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Phone+1-866-6686558

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OptionableNot Optionable

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?

3 brokerages have issued 1-year target prices for Cornerstone Progressive Return Fund's shares. Their forecasts range from $18.00 to $29.00. On average, they expect Cornerstone Progressive Return Fund's share price to reach $24.3333 in the next year. View Analyst Price Targets for Cornerstone Progressive Return Fund.

What is the consensus analysts' recommendation for Cornerstone Progressive Return Fund?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cornerstone Progressive Return Fund in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cornerstone Progressive Return Fund.

Has Cornerstone Progressive Return Fund been receiving favorable news coverage?

Media headlines about CFP stock have trended somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cornerstone Progressive Return Fund earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the investment management company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

What other stocks do shareholders of Cornerstone Progressive Return Fund own?

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  88
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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