Doma (NYSE:DOMA – Get Ranking) was upgraded by Zacks Investment decision Investigate from a “sell” score to a “hold” rating in a investigate report issued to customers and traders on Wednesday, Zacks.com studies.
In accordance to Zacks, “Doma Holdings Inc. is making use of device intelligence and its proprietary technological innovation methods for real estate closing working experience for existing and potential owners, creditors, title agents, and genuine estate gurus. Doma Holdings Inc., formerly recognised as Capitol Financial commitment Corp. V, is based in SAN FRANCISCO. “
A quantity of other exploration analysts have also weighed in on DOMA. DA Davidson dropped their goal cost on Doma from $7.00 to $6.00 and established a “buy” rating on the inventory in a report on Tuesday, April 12th. Compass Position started protection on Doma in a report on Wednesday, May 25th. They issued a “neutral” score and a $2.00 concentrate on cost on the inventory. Lastly, Oppenheimer decreased Doma from an “outperform” score to a “market perform” rating in a report on Monday, May 16th. Four financial investment analysts have rated the stock with a maintain score and 3 have assigned a obtain score to the corporation. According to data from MarketBeat, the enterprise presently has a consensus rating of “Hold” and an normal concentrate on rate of $8.80.
NYSE DOMA traded up $.06 throughout investing several hours on Wednesday, hitting $1.94. 884,908 shares of the company’s stock were exchanged, compared to its common volume of 1,573,981. The inventory has a 50-day easy going average of $1.84 and a 200 working day uncomplicated relocating regular of $3.22. Doma has a 1-calendar year minimal of $1.28 and a 1-calendar year significant of $10.00. The company has a marketplace cap of $629.94 million, a cost-to-earnings ratio of -.81 and a beta of .99.
Doma (NYSE:DOMA – Get Ranking) final unveiled its earnings final results on Tuesday, May 10th. The corporation noted ($.18) EPS for the quarter, lacking the consensus estimate of ($.13) by ($.05). Doma experienced a negative return on equity of 66.99% and a adverse internet margin of 27.90%. The small business had profits of $112.21 million for the quarter, as opposed to analyst estimates of $119.10 million. As a group, equities study analysts forecast that Doma will article -.11 EPS for the present calendar year.
Hedge cash and other institutional buyers have recently built modifications to their positions in the enterprise. Arizona Condition Retirement Method acquired a new posture 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 Group Holdings Inc. now owns 16,160 shares of the company’s inventory valued at $82,000 just after getting an further 15,910 shares in the past quarter. Schonfeld Strategic Advisors LLC bought a new stake in Doma throughout the third quarter valued at $727,000. The Suppliers Lifestyle Insurance coverage Firm acquired a new stake in Doma during the third quarter valued at $106,000. Last but not least, Penserra Money Administration LLC acquired a new stake in Doma throughout the third quarter valued at $59,000. Institutional traders own 55.82% of the company’s stock.
Doma Business Profile (Get Score)
Doma Holdings Inc originates, underwrites, and provides title, escrow, and settlement solutions to home owners, creditors, title brokers, and genuine estate industry experts. It operates by way of two segments, Distribution and Underwriting. The corporation also engages in title insurance coverage underwriting business, which include guidelines referred by way of its direct brokers and third-bash agents’ channels and supplies solutions in the places of order and refinance transactions in the household serious estate marketplace.
For more info about investigation offerings from Zacks Financial investment Investigate, go to Zacks.com
Obtain News & Ratings for Doma Every day – Enter your e mail handle under to receive a concise day-to-day summary of the most recent news and analysts’ rankings for Doma and relevant businesses with MarketBeat.com’s Free each day e mail e-newsletter.