Columbus McKinnon (CMCO) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Columbus McKinnon in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMCO shares.
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1 equities research analysts have issued twelve-month target prices for Columbus McKinnon's shares. Their CMCO share price targets range from $50.00 to $50.00. On average, they expect the company's share price to reach $50.00 in the next year. This suggests a possible upside of 22.1% from the stock's current price.
View analysts price targets for CMCO or view top-rated stocks among Wall Street analysts.

Columbus McKinnon's stock was trading at $39.02 at the beginning of the year. Since then, CMCO stock has increased by 5.0% and is now trading at $40.96.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our CMCO earnings forecast.

Columbus McKinnon Co. (NASDAQ:CMCO) issued its quarterly earnings results on Wednesday, January, 31st. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.05. The industrial products company had revenue of $254.14 million for the quarter, compared to analyst estimates of $254 million. Columbus McKinnon had a net margin of 4.86% and a trailing twelve-month return on equity of 9.88%. During the same quarter in the prior year, the business earned $0.72 EPS.

Columbus McKinnon announced a quarterly dividend on Monday, March 18th. Investors of record on Friday, May 3rd will be paid a dividend of $0.07 per share on Monday, May 13th. This represents a $0.28 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Thursday, May 2nd.
Read our dividend analysis for CMCO.

Columbus McKinnon (NASDAQ:CMCO) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 16.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMCO will have a dividend payout ratio of 8.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMCO.

iShares Micro-Cap ETF holds 61,835 shares of CMCO stock, representing 0.29% of its portfolio.

Columbus McKinnon issued an update on its fourth quarter 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.0 million-$270.0 million, compared to the consensus revenue estimate of $268.5 million.

16 employees have rated Columbus McKinnon Chief Executive Officer David J. Wilson on Glassdoor.com. David J. Wilson has an approval rating of 50% among the company's employees. This puts David J. Wilson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 35.0% of employees surveyed would recommend working at Columbus McKinnon to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbus McKinnon investors own include Sangamo Therapeutics (SGMO), NVIDIA (NVDA), Alibaba Group (BABA), Main Street Capital (MAIN), O-I Glass (OI), Pluristem Therapeutics (PSTI), Teva Pharmaceutical Industries (TEVA), Advanced Micro Devices (AMD), Ballard Power Systems (BLDP) and CenterPoint Energy (CNP).

Columbus McKinnon's stock is owned by many different institutional and retail investors. Top institutional shareholders include GoalVest Advisory LLC (0.07%), Bridge City Capital LLC (0.04%) and Park Avenue Securities LLC (0.02%). Insiders that own company stock include Gregory P Rustowicz, Kurt F Wozniak, Kurt F Wozniak, Lara Mario Y Ramos, Mark R Paradowski and Peter M Mccormick.
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Shares of CMCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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