CM Finance (CMFN) Receiving Favorable News Coverage, Analysis Finds

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News headlines about CM Finance (NASDAQ:CMFN) have been trending positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CM Finance earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 47.0392615083309 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s rankings:

CMFN has been the subject of several research analyst reports. ValuEngine raised shares of CM Finance from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Zacks Investment Research lowered shares of CM Finance from a “hold” rating to a “sell” rating in a research note on Tuesday, April 10th. Raymond James raised shares of CM Finance from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 10th. Finally, TheStreet raised shares of CM Finance from a “c+” rating to a “b-” rating in a research note on Wednesday, May 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. CM Finance presently has an average rating of “Hold” and a consensus target price of $9.75.

NASDAQ CMFN opened at $9.00 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.72. CM Finance has a one year low of $7.40 and a one year high of $10.40. The company has a market capitalization of $122.54 million, a PE ratio of 8.86 and a beta of 1.20.

CM Finance (NASDAQ:CMFN) last posted its quarterly earnings data on Tuesday, May 8th. The investment management company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The business had revenue of $8.67 million during the quarter, compared to analyst estimates of $7.77 million. CM Finance had a net margin of 54.18% and a return on equity of 8.13%. equities research analysts anticipate that CM Finance will post 1.03 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 5th. Investors of record on Friday, June 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $1.00 annualized dividend and a yield of 11.11%. CM Finance’s dividend payout ratio (DPR) is 86.96%.

About CM Finance

CM Finance Inc is an externally managed, non-diversified closed-end management investment company. The Company is a specialty finance company that invests primarily in the debt of the United States middle-market companies. The Company’s primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies.

Insider Buying and Selling by Quarter for CM Finance (NASDAQ:CMFN)

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