CM Finance (CMFN) Receives Daily News Impact Score of 0.14

Media stories about CM Finance (NASDAQ:CMFN) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CM Finance earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 46.7952564599339 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of CM Finance traded down $0.40, reaching $9.40, during midday trading on Thursday, according to Marketbeat.com. The stock had a trading volume of 6,239 shares, compared to its average volume of 33,071. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $135.21 million, a PE ratio of 8.17 and a beta of 1.20. CM Finance has a 12-month low of $7.40 and a 12-month high of $10.45.

CM Finance (NASDAQ:CMFN) last announced its quarterly earnings data on Tuesday, May 8th. The investment management company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The firm had revenue of $8.67 million during the quarter, compared to analysts’ expectations of $7.77 million. CM Finance had a net margin of 54.18% and a return on equity of 8.13%. research analysts expect that CM Finance will post 1.21 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 5th. Stockholders of record on Friday, June 15th will be paid a $0.25 dividend. The ex-dividend date is Thursday, June 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.64%. CM Finance’s dividend payout ratio (DPR) is presently 86.96%.

Several research firms have weighed in on CMFN. TheStreet upgraded shares of CM Finance from a “c+” rating to a “b-” rating in a research report on Wednesday, May 30th. Zacks Investment Research cut shares of CM Finance from a “hold” rating to a “sell” rating in a research note on Tuesday, April 10th. ValuEngine cut shares of CM Finance from a “hold” rating to a “sell” rating in a research note on Tuesday, June 5th. Finally, Raymond James raised shares of CM Finance from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 10th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $9.75.

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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