Composecure, Inc. (NYSE:GPGI) Shares Set to Pay Quarterly Dividend of $0.00

Composecure, Inc. (NYSE:GPGI) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.0025 per share on Tuesday, December 1st. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Wednesday, November 18th.

Composecure Price Performance

Shares of GPGI stock opened at $13.40 on Friday. The business’s fifty day moving average price is $12.49 and its 200 day moving average price is $13.91. The firm has a market capitalization of $3.88 billion, a PE ratio of -6.80 and a beta of 0.93. Composecure has a 1-year low of $10.43 and a 1-year high of $26.50.

Composecure (NYSE:GPGI) last released its earnings results on Thursday, August 6th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. Equities research analysts expect that Composecure will post 0.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GPGI has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Composecure from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Composecure in a research note on Tuesday, September 8th. Finally, Wall Street Zen raised shares of Composecure from a “strong sell” rating to a “hold” rating in a report on Saturday, August 8th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $15.00.

Composecure Company Profile

CompoSecure, Inc designs and manufactures premium metal payment cards and related financial technology products. Its offerings are used by banks, credit-card issuers, fintech companies and other brands seeking to provide differentiated card experiences.

The company also develops Arculus, a digital asset security platform that includes a hardware wallet and related authentication technology. Arculus is designed to help users securely store and manage digital assets while supporting passwordless identity and access applications.

CompoSecure was founded in 2000 and is headquartered in Somerset, New Jersey.