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CorMedix Inc. (CRMD)

8.43 -0.04 (-0.47%)
At close: September 4 at 4:00:01 PM EDT
8.43 0.00 (0.00%)
After hours: September 4 at 7:30:04 PM EDT
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What's happening with CRMD?

19m ago
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CorMedix (CRMD) recently received an upgrade to a Buy ratingdue to rising earnings estimates. The company reported a significant Q2 revenue of $101.9 million, driven by strong sales from its DefenCath product, and analysts project a potential 66% upsidebased on current price targets.

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  • Previous Close 8.47
  • Open 8.45
  • Bid 5.35 x 200
  • Ask 9.71 x 200
  • Day's Range 8.31 - 8.60
  • 52 Week Range 6.13 - 13.83
  • Volume 792,812
  • Avg. Volume 1,288,828
  • Market Cap (intraday) 657.071M
  • Beta (5Y Monthly) 1.50
  • PE Ratio (TTM) 3.88
  • EPS (TTM) 2.17
  • Earnings Date Nov 16, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 15.40

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. CorMedix Inc. was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. The company was incorporated in 2006 and is based in Parsippany, New Jersey.

cormedix.com

191

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Biotechnology

Industry

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CRMD
27.52%
S&P 500 (^GSPC)
12.75%

1-Year Return

CRMD
34.14%
S&P 500 (^GSPC)
18.71%

3-Year Return

CRMD
104.12%
S&P 500 (^GSPC)
70.93%

5-Year Return

CRMD
30.50%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 127.43M
Earnings 38.6M
Profit Margin 30.29%

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
50M
100M
20.0%
40.0%
60.0%
80.0%
100.0%

Analyst Insights

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Analyst Price Targets

13.00
15.40 Average
8.43 Current
19.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/14/2026
Analyst RBC Capital
Rating Action Maintains
Rating Outperform
Price Action Raises
Price Target 13 -> 14

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    40.49%

  • Return on Assets (ttm)

    24.56%

  • Return on Equity (ttm)

    54.93%

  • Revenue (ttm)

    462.25M

  • Net Income Avi to Common (ttm)

    186.02M

  • Diluted EPS (ttm)

    2.17

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    256.69M

  • Total Debt/Equity (mrq)

    32.00%

  • Levered Free Cash Flow (ttm)

    178.14M

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