Recent Analysts’ Ratings Changes for Chicago Rivet & Machine (CVR)

Chicago Rivet & Machine (NYSEAMERICAN: CVR) has recently received a number of price target changes and ratings updates:

  • 5/30/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 5/24/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 5/18/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 5/12/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 5/6/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 4/30/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 4/24/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 4/18/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 4/12/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
  • 4/6/2024 – Chicago Rivet & Machine is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.

Chicago Rivet & Machine Price Performance

NYSEAMERICAN:CVR opened at $16.20 on Friday. The firm has a market capitalization of $15.71 million, a price-to-earnings ratio of -3.46 and a beta of 0.13. Chicago Rivet & Machine Co. has a 52 week low of $14.73 and a 52 week high of $28.00.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last posted its quarterly earnings results on Friday, May 10th. The company reported ($0.72) EPS for the quarter. The business had revenue of $7.85 million during the quarter. Chicago Rivet & Machine had a negative return on equity of 16.82% and a negative net margin of 14.75%.

Chicago Rivet & Machine Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Wednesday, June 5th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $0.40 annualized dividend and a dividend yield of 2.47%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is currently -8.55%.

Institutional Investors Weigh In On Chicago Rivet & Machine

A hedge fund recently bought a new stake in Chicago Rivet & Machine stock. Cannell Capital LLC purchased a new stake in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,486 shares of the company’s stock, valued at approximately $202,000. Cannell Capital LLC owned about 1.18% of Chicago Rivet & Machine at the end of the most recent reporting period. Hedge funds and other institutional investors own 19.87% of the company’s stock.

Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.

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