NASDAQ:CORT Corcept Therapeutics (CORT) Stock Price, News & Analysis → Forget Nvidia, buy this A.I. Stock Now (From InvestorPlace) (Ad) Free CORT Stock Alerts $23.00 -0.39 (-1.67%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$22.76▼$23.5450-Day Range$21.66▼$25.7452-Week Range$20.87▼$34.28Volume957,822 shsAverage Volume1.46 million shsMarket Capitalization$2.38 billionP/E Ratio24.21Dividend YieldN/APrice Target$37.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Corcept Therapeutics alerts: Email Address Corcept Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside62.2% Upside$37.30 Price TargetShort InterestBearish23.90% of Float Sold ShortDividend StrengthN/ASustainability-0.75Upright™ Environmental ScoreNews Sentiment0.68Based on 7 Articles This WeekInsider TradingSelling Shares$2.12 M Sold Last QuarterProj. Earnings Growth43.48%From $0.92 to $1.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.69 out of 5 starsMedical Sector54th out of 914 stocksPharmaceutical Preparations Industry20th out of 404 stocks 3.5 Analyst's Opinion Consensus RatingCorcept Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCorcept Therapeutics has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted23.90% of the float of Corcept Therapeutics has been sold short.Short Interest Ratio / Days to CoverCorcept Therapeutics has a short interest ratio ("days to cover") of 15, which indicates bearish sentiment.Change versus previous monthShort interest in Corcept Therapeutics has recently increased by 5.49%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCorcept Therapeutics does not currently pay a dividend.Dividend GrowthCorcept Therapeutics does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCorcept Therapeutics has received a 70.46% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Preclinical research services for physical health", "Clinical research services for cancer", and "Clinical research services for metabolic diseases" products. See details.Environmental SustainabilityThe Environmental Impact score for Corcept Therapeutics is -0.75. Previous Next 3.2 News and Social Media Coverage News SentimentCorcept Therapeutics has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Corcept Therapeutics this week, compared to 4 articles on an average week.Search Interest4 people have searched for CORT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Corcept Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corcept Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,118,996.00 in company stock.Percentage Held by Insiders18.60% of the stock of Corcept Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.61% of the stock of Corcept Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Corcept Therapeutics are expected to grow by 43.48% in the coming year, from $0.92 to $1.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corcept Therapeutics is 24.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Corcept Therapeutics is 24.21, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 255.84.Price to Book Value per Share RatioCorcept Therapeutics has a P/B Ratio of 4.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceForget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.Click here to see the details. About Corcept Therapeutics Stock (NASDAQ:CORT)Corcept Therapeutics Incorporated engages in discovery and development of drugs for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. It offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous cushing's syndrome; and who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing relacorilant, which is in phase III clinical trial for the treatment of cushing's syndrome; treatment for adrenal cancer and cortisol excess which is in phase 1b clinical trial; treatment for prostate cancer which is in phase II clinical trial; and nab-paclitaxel in combination with relacorilant, which is in phase III clinical trial to treat platinum-resistant ovarian tumors. In addition, it develops dazucorilant, which is in phase II clinical trial for the treatment of amyotrophic lateral sclerosis; miricorilant, which is in phase IIb trial for the treatment of nonalcoholic steatohepatitis; and treatment for antipsychotic induced weight gain that is in phase I trial. The company was incorporated in 1998 and is headquartered in Menlo Park, California.Read More CORT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CORT Stock News HeadlinesApril 9, 2024 | insidertrades.comCorcept Therapeutics Incorporated (NASDAQ:CORT) Insider Sells $141,518.00 in StockApril 4, 2024 | insidertrades.comCorcept Therapeutics Incorporated (NASDAQ:CORT) Insider Sells $13,005.00 in StockApril 17, 2024 | InvestorPlace (Ad)Forget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.March 30, 2024 | insidertrades.comCorcept Therapeutics Incorporated (NASDAQ:CORT) Insider Sells 25,953 SharesMarch 21, 2024 | insidertrades.comCorcept Therapeutics Incorporated (NASDAQ:CORT) Insider Sean Maduck Sells 17,219 SharesApril 15, 2024 | finance.yahoo.comCorcept Therapeutics Incorporated (CORT)April 15, 2024 | finance.yahoo.comCorcept Completes Enrollment in Phase 2 DAZALS Trial in Patients With Amyotrophic Lateral Sclerosis (ALS)April 12, 2024 | stocknews.com3 Promising Biotech Stocks Driving Weekly GainsApril 17, 2024 | InvestorPlace (Ad)Forget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.April 12, 2024 | msn.comUpcoming Deadline to Share in Corcept Therapeutics Incorporated (CORT) Class Action SettlementApril 10, 2024 | americanbankingnews.comQ2 2025 Earnings Estimate for Corcept Therapeutics Incorporated Issued By Zacks Research (NASDAQ:CORT)April 8, 2024 | finance.yahoo.comCorcept Completes Enrollment in Pivotal Phase 3 Rosella Trial of Relacorilant in Patients With Platinum-Resistant Ovarian CancerApril 5, 2024 | investing.comCorcept Therapeutics director sells shares worth over $55kApril 1, 2024 | finance.yahoo.comCorcept Completes Enrollment in Phase 3 Gradient Trial of Relacorilant in Patients With Adrenal Cushing’s SyndromeApril 1, 2024 | globenewswire.comCorcept Completes Enrollment in Phase 3 Gradient Trial of Relacorilant in Patients With Adrenal Cushing's SyndromeMarch 29, 2024 | finance.yahoo.comInvesting in Corcept Therapeutics (NASDAQ:CORT) five years ago would have delivered you a 114% gainMarch 17, 2024 | finance.yahoo.comCORT May 2024 32.000 callMarch 17, 2024 | finance.yahoo.comCORT Apr 2024 31.000 callMarch 16, 2024 | finance.yahoo.comCORT Apr 2024 17.000 putMarch 16, 2024 | finance.yahoo.comCORT Aug 2024 32.000 putMarch 11, 2024 | stocknews.comTop 3 Biotech Stocks to Anchor Your PortfolioFebruary 29, 2024 | money.usnews.comCorcept Therapeutics IncFebruary 28, 2024 | stocknews.comPlunge into Profits With These 3 Biotech StocksFebruary 25, 2024 | realmoney.thestreet.comA Checkdown Trade on a Small-Cap Biotech StockFebruary 24, 2024 | msn.comCorcept Therapeutics (CORT) Price Target Increased by 14.13% to 43.66February 19, 2024 | seekingalpha.comCorcept Therapeutics: Key Catalysts AheadFebruary 17, 2024 | finance.yahoo.comCorcept Therapeutics Full Year 2023 Earnings: Beats ExpectationsSee More Headlines Receive CORT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Corcept Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Today4/17/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryPharmaceuticals Current SymbolNASDAQ:CORT CUSIP21835210 CIK1088856 Webwww.corcept.com Phone(650) 327-3270Fax650-327-3218Employees352Year Founded1998Price Target and Rating Average Stock Price Target$37.30 High Stock Price Target$47.50 Low Stock Price Target$28.00 Potential Upside/Downside+62.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.95 Trailing P/E Ratio24.11 Forward P/E Ratio24.89 P/E GrowthN/ANet Income$106.14 million Net Margins21.86% Pretax Margin25.82% Return on Equity21.98% Return on Assets17.89% Debt Debt-to-Equity RatioN/A Current Ratio4.39 Quick Ratio4.31 Sales & Book Value Annual Sales$482.38 million Price / Sales4.91 Cash Flow$0.95 per share Price / Cash Flow24.17 Book Value$4.92 per share Price / Book4.65Miscellaneous Outstanding Shares103,520,000Free Float84,265,000Market Cap$2.37 billion OptionableOptionable Beta0.48 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesDr. Joseph K. Belanoff M.D. (Age 67)Co-Founder, President, CEO & Director Comp: $1.82MMr. Atabak Mokari (Age 47)CFO & Treasurer Comp: $760.75kDr. Hazel Hunt Ph.D. (Age 64)Chief Scientific Officer Comp: $895.16kMr. Sean Maduck (Age 46)President of Endocrinology Comp: $823.42kMr. Gary Charles Robb (Age 61)Chief Business Officer & Secretary Comp: $963kMr. Joseph Douglas Lyon (Age 45)Chief Accounting Officer Ms. Amy FloodChief Human Resources & Communications OfficerDr. William Guyer Pharm.D. (Age 56)Chief Development Officer Ms. Monica Tellado (Age 51)President of Emerging Markets Mr. Roberto W. VieiraPresident of OncologyMore ExecutivesKey CompetitorsRa PharmaceuticalsNASDAQ:RARXSupernus PharmaceuticalsNASDAQ:SUPNAxsome TherapeuticsNASDAQ:AXSMTaro Pharmaceutical IndustriesNYSE:TAROPacira BioSciencesNASDAQ:PCRXView All CompetitorsInsiders & InstitutionsHennion & Walsh Asset Management Inc.Bought 15,335 shares on 4/17/2024Ownership: 0.053%Sound Income Strategies LLCBought 4,959 shares on 4/15/2024Ownership: 0.005%Evanson Asset Management LLCSold 7,560 shares on 4/13/2024Ownership: 0.023%Clearview Wealth Advisors LLCBought 14,382 shares on 4/10/2024Ownership: 0.014%GAMMA Investing LLCBought 579 shares on 4/5/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions CORT Stock Analysis - Frequently Asked Questions Should I buy or sell Corcept Therapeutics stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corcept Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CORT shares. View CORT analyst ratings or view top-rated stocks. What is Corcept Therapeutics' stock price target for 2024? 4 brokers have issued 1 year target prices for Corcept Therapeutics' shares. Their CORT share price targets range from $28.00 to $47.50. On average, they predict the company's stock price to reach $37.30 in the next year. This suggests a possible upside of 62.2% from the stock's current price. View analysts price targets for CORT or view top-rated stocks among Wall Street analysts. How have CORT shares performed in 2024? Corcept Therapeutics' stock was trading at $32.48 at the start of the year. Since then, CORT stock has decreased by 29.2% and is now trading at $23.00. View the best growth stocks for 2024 here. Are investors shorting Corcept Therapeutics? Corcept Therapeutics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 21,330,000 shares, an increase of 5.5% from the March 15th total of 20,220,000 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is currently 15.0 days. Currently, 23.9% of the company's shares are short sold. View Corcept Therapeutics' Short Interest. When is Corcept Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CORT earnings forecast. How were Corcept Therapeutics' earnings last quarter? Corcept Therapeutics Incorporated (NASDAQ:CORT) announced its quarterly earnings results on Thursday, February, 15th. The biotechnology company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The biotechnology company had revenue of $135.41 million for the quarter, compared to the consensus estimate of $129.27 million. Corcept Therapeutics had a net margin of 21.86% and a trailing twelve-month return on equity of 21.98%. The company's quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. What ETFs hold Corcept Therapeutics' stock? ETFs with the largest weight of Corcept Therapeutics (NASDAQ:CORT) stock in their portfolio include Invesco Pharmaceuticals ETF (PJP), SPDR S&P Pharmaceuticals ETF (XPH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco S&P SmallCap Health Care ETF (PSCH), ALPS Medical Breakthroughs ETF (SBIO), ETC 6 Meridian Small Cap Equity ETF (SIXS) and iShares U.S. Pharmaceuticals ETF (IHE). What guidance has Corcept Therapeutics issued on next quarter's earnings? Corcept Therapeutics issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $600.0 million-$630.0 million, compared to the consensus revenue estimate of $531.6 million. What is Joseph K. Belanoff's approval rating as Corcept Therapeutics' CEO? 6 employees have rated Corcept Therapeutics Chief Executive Officer Joseph K. Belanoff on Glassdoor.com. Joseph K. Belanoff has an approval rating of 100% among the company's employees. This puts Joseph K. Belanoff in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Corcept Therapeutics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Corcept Therapeutics investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), AbbVie (ABBV), Xtrackers California Municipal Bond ETF (CA), Alibaba Group (BABA), BlackRock (BLK), Inovio Pharmaceuticals (INO), Pfizer (PFE) and Activision Blizzard (ATVI). Who are Corcept Therapeutics' major shareholders? Corcept Therapeutics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.05%), Los Angeles Capital Management LLC (0.05%), Evanson Asset Management LLC (0.02%), Clearview Wealth Advisors LLC (0.01%), Sound Income Strategies LLC (0.00%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Daniel N Swisher Jr, Daniel N Swisher, Jr, David L Mahoney, G Leonard Baker, Jr, Gary Charles Robb, Hazel Hunt, Joseph Douglas Lyon, Joseph K Belanoff, Sean Maduck and William Guyer. View institutional ownership trends. How do I buy shares of Corcept Therapeutics? Shares of CORT 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. Compare Top Brokerages Here. This page (NASDAQ:CORT) was last updated on 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsOptions trading has suddenly become more reliable.Eagle PublishingTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsThe #1 Crypto for 2024InvestorPlaceThe Greatest Bull Market in Crypto History…Weiss RatingsA.I. is a Tidal Wave - Here’s What to BuyChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Corcept Therapeutics Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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