Doma (NYSE:DOMA) Receives “Market Outperform” Rating from JMP Securities

JMP Securities restated their market outperform rating on shares of Doma (NYSE:DOMA) in a research note released on Monday, Benzinga reports. They currently have a $20.00 target price on the stock.

Separately, Citigroup boosted their price objective on Doma from $6.00 to $6.29 and gave the stock a neutral rating in a report on Tuesday, April 2nd.

Doma Trading Up 0.2 %

Shares of Doma stock opened at $6.08 on Monday. The company’s 50-day moving average price is $4.81 and its two-hundred day moving average price is $4.79. Doma has a 52 week low of $3.86 and a 52 week high of $11.49. The stock has a market cap of $84.45 million, a PE ratio of -0.65 and a beta of 1.85.

Doma (NYSE:DOMA) last issued its quarterly earnings results on Tuesday, March 12th. The company reported ($1.22) EPS for the quarter. The business had revenue of $84.61 million during the quarter. Doma had a negative return on equity of 2,120.08% and a negative net margin of 38.39%.

Hedge Funds Weigh In On Doma

Institutional investors and hedge funds have recently bought and sold shares of the business. Bridgeway Capital Management LLC bought a new stake in shares of Doma in the 4th quarter valued at approximately $116,000. Northern Trust Corp bought a new stake in shares of Doma in the 4th quarter valued at approximately $140,000. Vanguard Group Inc. grew its stake in shares of Doma by 6.6% in the 3rd quarter. Vanguard Group Inc. now owns 519,035 shares of the company’s stock valued at $2,637,000 after buying an additional 32,149 shares in the last quarter. FMR LLC grew its stake in shares of Doma by 25.0% in the 3rd quarter. FMR LLC now owns 349,938 shares of the company’s stock valued at $1,778,000 after buying an additional 70,022 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Doma in the 2nd quarter valued at approximately $91,000. Hedge funds and other institutional investors own 20.67% of the company’s stock.

About Doma

Doma Holdings Inc originates, underwrites, and provides title, escrow, and settlement services to homeowners, lenders, title agents, and real estate professionals. It operates through two segments, Distribution and Underwriting. The company also engages in title insurance underwriting business, including policies referred through its direct agents and third-party agents' channels; and provides services in the areas of purchase and refinance transactions in the residential real estate market.