Doma (NYSE:DOMA) Upgraded to Hold at Zacks Investment Research
Doma (NYSE:DOMA – Get Ranking) was upgraded by Zacks Investment Study from a “sell” score to a “hold” rating in a study report issued to consumers and investors on Wednesday, Zacks.com experiences.
In accordance to Zacks, “Doma Holdings Inc. is utilizing equipment intelligence and its proprietary engineering options for authentic estate closing encounter for present and possible householders, lenders, title agents, and actual estate gurus. Doma Holdings Inc., previously recognised as Capitol Financial commitment Corp. V, is centered in SAN FRANCISCO. “
A quantity 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 established a “buy” score on the inventory in a report on Tuesday, April 12th. Compass Level commenced coverage on Doma in a report on Wednesday, Might 25th. They issued a “neutral” ranking and a $2.00 goal value on the stock. Finally, Oppenheimer decreased Doma from an “outperform” score to a “market perform” rating in a report on Monday, May well 16th. 4 financial investment analysts have rated the stock with a keep rating and 3 have assigned a purchase rating to the firm. In accordance to information from MarketBeat, the organization presently has a consensus ranking of “Hold” and an ordinary target price of $8.80.
NYSE DOMA traded up $.06 during investing several hours on Wednesday, hitting $1.94. 884,908 shares of the company’s stock have been exchanged, in comparison to its average quantity of 1,573,981. The stock has a 50-working day basic shifting typical of $1.84 and a 200 working day straightforward relocating normal of $3.22. Doma has a 1-calendar year minimal of $1.28 and a 1-calendar year high of $10.00. The organization has a market cap of $629.94 million, a selling price-to-earnings ratio of -.81 and a beta of .99.
Doma (NYSE:DOMA – Get Score) final unveiled its earnings outcomes on Tuesday, May perhaps 10th. The business described ($.18) EPS for the quarter, missing the consensus estimate of ($.13) by ($.05). Doma had a unfavorable return on equity of 66.99% and a negative internet margin of 27.90%. The organization had earnings of $112.21 million for the quarter, in contrast to analyst estimates of $119.10 million. As a group, equities research analysts forecast that Doma will article -.11 EPS for the existing 12 months.
Hedge money and other institutional buyers have not too long ago produced adjustments to their positions in the company. Arizona Point out Retirement System obtained a new position in shares of Doma in the fourth quarter valued at $154,000. Advisor Team Holdings Inc. grew its place in shares of Doma by 6,364.% in the fourth quarter. Advisor Team Holdings Inc. now owns 16,160 shares of the company’s stock valued at $82,000 right after getting an additional 15,910 shares in the final quarter. Schonfeld Strategic Advisors LLC purchased a new stake in Doma through the third quarter valued at $727,000. The Makers Lifetime Coverage Company acquired a new stake in Doma in the course of the 3rd quarter valued at $106,000. Ultimately, Penserra Cash Administration LLC acquired a new stake in Doma throughout the third quarter valued at $59,000. Institutional investors very own 55.82% of the company’s inventory.
Doma Enterprise Profile (Get Ranking)
Doma Holdings Inc originates, underwrites, and provides title, escrow, and settlement services to property owners, creditors, title brokers, and true estate specialists. It operates through two segments, Distribution and Underwriting. The enterprise also engages in title insurance coverage underwriting organization, like policies referred via its immediate agents and 3rd-social gathering agents’ channels and provides providers in the areas of obtain and refinance transactions in the residential authentic estate sector.
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