Doma (NYSE:DOMA) Upgraded to Hold at Zacks Investment Research
Doma (NYSE:DOMA – Get Ranking) was upgraded by Zacks Expenditure Investigate from a “sell” ranking to a “hold” rating in a study report issued to shoppers and investors on Wednesday, Zacks.com studies.
In accordance to Zacks, “Doma Holdings Inc. is utilizing device intelligence and its proprietary know-how methods for real estate closing encounter for current and potential owners, loan companies, title brokers, and true estate gurus. Doma Holdings Inc., formerly known as Capitol Financial investment Corp. V, is primarily based in SAN FRANCISCO. “
A amount of other study analysts have also weighed in on DOMA. DA Davidson dropped their target selling price on Doma from $7.00 to $6.00 and set a “buy” ranking on the inventory in a report on Tuesday, April 12th. Compass Place begun protection on Doma in a report on Wednesday, Could 25th. They issued a “neutral” score and a $2.00 target cost on the stock. Ultimately, Oppenheimer reduced Doma from an “outperform” score to a “market perform” rating in a report on Monday, May perhaps 16th. 4 investment decision analysts have rated the stock with a keep score and 3 have assigned a obtain rating to the enterprise. According to data from MarketBeat, the company presently has a consensus score of “Hold” and an typical focus on price of $8.80.
NYSE DOMA traded up $.06 through investing hours on Wednesday, hitting $1.94. 884,908 shares of the company’s inventory had been exchanged, in comparison to its normal quantity of 1,573,981. The inventory has a 50-day straightforward moving regular of $1.84 and a 200 working day basic relocating ordinary of $3.22. Doma has a 1-yr low of $1.28 and a 1-calendar year substantial of $10.00. The firm has a sector cap of $629.94 million, a value-to-earnings ratio of -.81 and a beta of .99.
Doma (NYSE:DOMA – Get Rating) previous produced its earnings success on Tuesday, May possibly 10th. The organization described ($.18) EPS for the quarter, lacking the consensus estimate of ($.13) by ($.05). Doma experienced a detrimental return on fairness of 66.99% and a negative net margin of 27.90%. The small business had revenue of $112.21 million for the quarter, compared to analyst estimates of $119.10 million. As a team, equities exploration analysts forecast that Doma will put up -.11 EPS for the present yr.
Hedge resources and other institutional buyers have not long ago created improvements to their positions in the corporation. Arizona Condition Retirement Technique bought a new situation in shares of Doma in the fourth quarter valued at $154,000. Advisor Group Holdings Inc. grew its posture in shares of Doma by 6,364.% in the fourth quarter. Advisor Team Holdings Inc. now owns 16,160 shares of the company’s inventory valued at $82,000 immediately after purchasing an further 15,910 shares in the previous quarter. Schonfeld Strategic Advisors LLC acquired a new stake in Doma for the duration of the 3rd quarter valued at $727,000. The Brands Life Insurance coverage Company bought a new stake in Doma in the course of the 3rd quarter valued at $106,000. At last, Penserra Funds Management LLC purchased a new stake in Doma for the duration of the third quarter valued at $59,000. Institutional traders own 55.82% of the company’s inventory.
Doma Company Profile (Get Rating)
Doma Holdings Inc originates, underwrites, and delivers title, escrow, and settlement products and services to home owners, creditors, title agents, and authentic estate gurus. It operates as a result of two segments, Distribution and Underwriting. The firm also engages in title insurance coverage underwriting company, together with policies referred by way of its direct brokers and third-social gathering agents’ channels and delivers solutions in the places of buy and refinance transactions in the household authentic estate market place.
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