Stocks of Doma Holdings Inc. (NYSE:DOMA) traded higher last session on Wall Street, down -2.41% to $0.42.
According to the data, Doma Holdings Inc. (NYSE:DOMA) has 3 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $3.00 and a low of $1.50, we find $1.50. Given the previous closing price of $0.43, this indicates a potential upside of 248.84 percent. DOMA stock price is now -13.63% away from the 50-day moving average and -68.68% away from the 200-day moving average. The market capitalization of the company currently stands at $136.22M.
A total of 1 analysts have issued a hold rating and 2 have given it a buy rating. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.
With the price target of $2, Compass Point recently initiated with Neutral rating for Doma Holdings Inc. (NYSE: DOMA)., while ‘BTIG Research’ rates the stock as ‘Neutral’.
In other news, Smith Michael Alan, Chief Financial Officer sold 2,802 shares of the company’s stock on Nov 18. The stock was sold for $1,224 at an average price of $0.44. Upon completion of the transaction, the Chief Financial Officer now directly owns 1,009,630 shares in the company, valued at $0.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 10, Chief Executive Officer Simkoff Maxwell sold 158 shares of the business’s stock. A total of $79 was realized by selling the stock at an average price of $0.50. This leaves the insider owning 46,303,207 shares of the company worth $19.45 million. A total of 2.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DOMA stock. A new stake in Doma Holdings Inc. shares was purchased by FIRST REPUBLIC INVESTMENT MANAGEMENT, INC. during the first quarter worth $42,000. BNP PARIBAS ARBITRAGE, SNC invested $29,000 in shares of DOMA during the first quarter. In the first quarter, PATHSTONE FAMILY OFFICE, LLC acquired a new stake in Doma Holdings Inc. valued at approximately $23,000. WALLEYE CAPITAL LLC acquired a new stake in DOMA for approximately $12,000. PRINCIPAL FINANCIAL GROUP INC purchased a new stake in DOMA valued at around $7,000 in the second quarter. In total, there are 132 active investors with 36.70% ownership of the company’s stock.
Wednesday’s opening bell rang with an opening price of $0.4300 for Doma Holdings Inc. (NYSE: DOMA). During the past 12 months, Doma Holdings Inc. has had a low of $0.41 and a high of $6.85. The fifty day moving average price for DOMA is $0.4837 and a two-hundred day moving average price translates $1.3338 for the stock.
The latest earnings results from Doma Holdings Inc. (NYSE: DOMA) was released for Jun, 2022. According to the Real Estate Services Company, earnings per share came in at -$0.18, missing analysts’ expectations of -$0.13 by -0.05. This compares to -$0.14 EPS in the same period last year. The net profit margin was -49.10% and return on equity was -85.20% for DOMA. The company reported revenue of $107.86 million for the quarter, compared to $162.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -33.66 percent. For the current quarter, analysts expect DOMA to generate $124.68M in revenue.
Doma Holdings Inc.(DOMA) Company Profile
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. It operates its third-party title insurance agency business under the North American Title Company brand. The company was incorporated in 2016 and is headquartered in San Francisco, California.