Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN – Get Free Report) declared a quarterly dividend on Thursday, November 12th. Investors of record on Monday, November 30th will be paid a dividend of $0.25 per share by the financial services provider on Monday, December 14th. This represents a $1.00 annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Monday, November 30th.
Institutional Financial Markets Stock Down 13.5%
Shares of NYSEAMERICAN:COHN opened at $9.52 on Friday. The business’s 50 day moving average is $10.17 and its 200 day moving average is $13.58. The stock has a market cap of $30.75 million, a P/E ratio of 1.76 and a beta of 1.06. Institutional Financial Markets has a 52-week low of $8.93 and a 52-week high of $32.60. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.26.
Institutional Financial Markets (NYSEAMERICAN:COHN – Get Free Report) last issued its earnings results on Thursday, November 12th. The financial services provider reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.32). Institutional Financial Markets had a net margin of 5.65% and a return on equity of 47.14%. The firm had revenue of $32.44 million for the quarter, compared to the consensus estimate of $40.80 million. Sell-side analysts predict that Institutional Financial Markets will post 1.90 EPS for the current year.
Institutional Financial Markets Company Profile
Institutional Financial Markets, Inc. (NYSE American: COHN) is a financial services company focused primarily on institutional fixed-income markets. Through its broker-dealer operations, the company provides sales, trading and market-making services involving a range of debt securities, including corporate, mortgage-backed, asset-backed and municipal securities. The company also engages in investment banking and related capital-markets activities, serving institutional investors, issuers and other financial-market participants.
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