Calamos Asset Management, Inc. (NASDAQ:CLMS).
The stock of Calamos Asset Management, Inc. (NASDAQ:CLMS) saw a 52 week low point reaching $6.72 in trading on Wednesday. The stock ended up moving 0.6327%. 40,897 shares traded and the stock hit a high of $6.84.
Additionally Calamos Asset Management, Inc. recently announced a dividend paid on Tuesday the 23rd of August 2016. The dividend payment was $0.150 per share for the quarter or $0.60 annualized. The dividend yield was $8.76. The ex-dividend date was set for Friday the 5th of August 2016.
Company shares ended the day at $6.82 which is just a bit below the 50 day moving average of $7.01 and just below the 200 day moving average of $7.60. The 50 day moving average moved down $-0.18 and the 200 day average went down $-0.78 or -10.2250%.
The most current P/E ratio is 1705.7249 and the market value is 140.07M. In the latest earnings report the EPS was $0.00 and is projected to be $0.03 for the current year with 20,530,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.05 and the next full year EPS is projected to be $0.25.
Traders are feeling more bearish on shares of Calamos Asset Management, Inc. of late as evidenced by the rise in short interest. The stock experienced a rise in short interest of 0.07% as of September 15, 2016 from the last reporting period. Short interest increased 31,139 over that timeframe. With short interest at 451,099 and short average daily volume at 68,518, the short-interest ratio is 6.6 and the percentage of shorted shares is 0.02% as of September 15.
Ratings analysts have released ratings. July 29 investment analysts at Keefe Bruyette & Woods held the company rating at “Market Perform” and lowered the price target from $10.00 to $6.80. On June 20 the stock rating was upgraded from “” to “Market Perform” with a current price target of $7.50 in a report from Keefe Bruyette & Woods.
On February 10 Keefe Bruyette & Woods kept the stock rating at “Underperform” but moved down the price target to $8.50 from $9.00. January 11 investment analysts at Keefe Bruyette & Woods made no change to the company rating of “Underperform” but lowered the price expectation to $9.00 from $10.00.
On January 10, 2016 Credit Suisse added CLMS to its research portfolio giving it an initial rating of “Underperform” and setting a price target of $9.00. September 3 investment analysts at Keefe Bruyette & Woods held the stock rating at “Underperform” but lowered the price target to $10.00 from $12.00.