CompoSecure, Inc. (NASDAQ:CMPO) Declares Dividend of $0.30

CompoSecure, Inc. (NASDAQ:CMPO) announced a dividend on Monday, May 6th, NASDAQ reports. Investors of record on Monday, May 20th will be given a dividend of 0.30 per share on Tuesday, June 11th. The ex-dividend date is Friday, May 17th.

CompoSecure Stock Performance

NASDAQ:CMPO traded down $0.03 during midday trading on Wednesday, reaching $7.50. 338,270 shares of the stock traded hands, compared to its average volume of 209,892. CompoSecure has a 12-month low of $4.61 and a 12-month high of $8.16. The stock has a market capitalization of $603.98 million, a PE ratio of 8.24 and a beta of 0.72. The business has a 50-day moving average of $6.45 and a two-hundred day moving average of $5.71.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. CompoSecure had a net margin of 4.82% and a negative return on equity of 10.41%. The business had revenue of $99.90 million for the quarter, compared to analyst estimates of $95.86 million. Research analysts anticipate that CompoSecure will post 1.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CMPO. Benchmark upped their price target on shares of CompoSecure from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday. Needham & Company LLC restated a “buy” rating and set a $15.00 price target on shares of CompoSecure in a research note on Tuesday. Finally, B. Riley increased their price objective on shares of CompoSecure from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $12.17.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.