About Cornerstone Progressive Return Fund (NYSEMKT:CFP)
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:
- Industry: Closed End Funds
- Sub-Industry: N/A
- Sector: N/A
- Symbol: NYSEMKT:CFP
- Previous Symbol: NYSE:CFP
- CUSIP: N/A
- Web: N/A
- Net Margins: -28.64%
- Return on Equity: -0.48%
- Return on Assets: -0.48%
Frequently Asked Questions for Cornerstone Progressive Return Fund (NYSEMKT:CFP)
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."
Where is Cornerstone Progressive Return Fund's stock going? Where will Cornerstone Progressive Return Fund's stock price be in 2017?
2 analysts have issued 12 month price objectives for Cornerstone Progressive Return Fund's shares. Their predictions range from $21.25 to $41.00. On average, they expect Cornerstone Progressive Return Fund's share price to reach $31.13 in the next year. View Analyst Ratings for Cornerstone Progressive Return Fund.
Who are some of Cornerstone Progressive Return Fund's key competitors?
Some companies that are related to Cornerstone Progressive Return Fund include Altaba (AABA), Ares Capital Corporation (ARCC), HICL Infrastructure Company Limited (HICL), Prospect Capital Corporation (PSEC), 3i Infrastructure PLC (3IN), FS Investment (FSIC), AllianceBernsteinome Fund (ACG), Apollo Investment Corporation (AINV), Tortoise Energy Infrastructure Corporation (TYG), TPG Specialty Lending (TSLX), John Laing Infrastructure Fund Ld (JLIF), Hercules Capital (HTGC), Blackrock Taxable Municipal Bond Trust (BBN), Liberty All-Star Equity Fund (USA), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and TCP Capital Corp. (TCPC).
How do I buy Cornerstone Progressive Return Fund stock?
Shares of Cornerstone Progressive Return Fund 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Cornerstone Progressive Return Fund (NYSEMKT:CFP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$31.13|
Consensus Price Target History for Cornerstone Progressive Return Fund (NYSEMKT:CFP)
Analysts' Ratings History for Cornerstone Progressive Return Fund (NYSEMKT:CFP)
(Data available from 11/21/2015 forward)
|4/23/2017||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$40.00 -> $41.00|
Earnings History for Cornerstone Progressive Return Fund (NYSEMKT:CFP)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Cornerstone Progressive Return Fund (NYSEMKT:CFP)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History by Quarter for Cornerstone Progressive Return Fund (NYSEMKT CFP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Latest Headlines for Cornerstone Progressive Return Fund (NYSEMKT CFP)
No headlines for this company have been tracked by MarketBeat.com
Cornerstone Progressive Return Fund (NYSEMKT CFP) Chart for Tuesday, November, 21, 2017