CMC Markets (LSE:CMCX) - Stock Price, News & Analysis

CMCX Stock Overview

CMCX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 68.1% below our estimate of its fair value

Earnings are forecast to grow 11.69% per year

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

CMC Markets plc Competitors

Numis

AIM:NUM

UK£359.5m

FRP Advisory Group

AIM:FRP

UK£250.7m

TP ICAP Group

LSE:TCAP

UK£1.2b

AJ Bell

LSE:AJB

UK£1.3b

Price History & Performance

Summary of all time highs, changes and price drops for CMC Markets
Historical stock prices
Current Share Price	UK£1.76
52 Week High	UK£3.24
52 Week Low	UK£1.65
Beta	0.55
1 Month Change	-4.46%
3 Month Change	-28.47%
1 Year Change	-44.61%
3 Year Change	-9.95%
5 Year Change	-2.98%
Change since IPO	-26.83%

Recent updates

CMC Markets' (LON:CMCX) Dividend Will Be £0.035

Nov 19

If You Like EPS Growth Then Check Out CMC Markets (LON:CMCX) Before It's Too Late

Nov 07

CMC Markets' (LON:CMCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 05

The Independent Non-Executive Director of CMC Markets plc (LON:CMCX), Clare Salmon, Just Sold 94% Of Their Holding

Feb 11

Did You Miss CMC Markets' (LON:CMCX) Impressive 178% Share Price Gain?

Jan 17

If You Like EPS Growth Then Check Out CMC Markets (LON:CMCX) Before It's Too Late

Dec 22

Trade Alert: The Group Commercial Director Of CMC Markets plc (LON:CMCX), David Fineberg, Has Sold Some Shares Recently

Nov 25

CMC Markets (LON:CMCX) Could Be A Buy For Its Upcoming Dividend

Nov 22

Shareholder Returns

	CMCX	GB Capital Markets	GB Market
7D	-2.6%	-1.2%	-1.8%
1Y	-44.6%	4.1%	-5.2%

Return vs Industry: CMCX underperformed the UK Capital Markets industry which returned 4.1% over the past year.

Return vs Market: CMCX underperformed the UK Market which returned -5.2% over the past year.

Price Volatility

Is CMCX's price volatile compared to industry and market?
CMCX volatility
CMCX Average Weekly Movement	6.9%
Capital Markets Industry Average Movement	4.0%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.9%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: CMCX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CMCX's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	923	Peter Cruddas	https://www.cmcmarketsplc.com

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, cryptocurrencies, shares and ETFs, and treasuries through its trading platform. It also provides a range of education services through tools and resources, trading webinars and events, platform guides, advanced trading strategies, articles from market analysts, and others.

CMC Markets plc Fundamentals Summary

How do CMC Markets's earnings and revenue compare to its market cap?
CMCX fundamental statistics
Market Cap	UK£490.21m
Earnings (TTM)	UK£73.08m
Revenue (TTM)	UK£306.19m

6.7x

P/E Ratio

1.6x

P/S Ratio

Is CMCX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMCX income statement (TTM)
Revenue	UK£306.19m
Cost of Revenue	UK£1.80m
Gross Profit	UK£304.40m
Other Expenses	UK£231.32m
Earnings	UK£73.08m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Jun 13, 2023

Earnings per share (EPS)	0.26
Gross Margin	99.41%
Net Profit Margin	23.87%
Debt/Equity Ratio	1.1%

How did CMCX perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

49%

Payout Ratio

CMCX Stock Overview

Rewards

Risk Analysis

CMC Markets plc Competitors

AIM:NUM

UK£359.5m

AIM:FRP

UK£250.7m

LSE:TCAP

UK£1.2b

LSE:AJB

UK£1.3b

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 22%

Price target decreased by 11% to UK£2.67

Investor sentiment deteriorates as stock falls 21%

Cmc Markets plc Announces Appointment of Clare Francis as A Non-Executive Director with Effect from 19 December 2022

Insufficient new directors

Consensus forecasts updated

Recent updates

Consensus EPS estimates fall by 22%

Price target decreased by 11% to UK£2.67

Investor sentiment deteriorates as stock falls 21%

Cmc Markets plc Announces Appointment of Clare Francis as A Non-Executive Director with Effect from 19 December 2022

Insufficient new directors

Consensus forecasts updated

Upcoming dividend of UK£0.035 per share

CMC Markets' (LON:CMCX) Dividend Will Be £0.035

First half 2023 earnings released

CMC Markets plc to Report Fiscal Year 2023 Results on Apr 14, 2023

CMC Markets plc to Report First Half, 2023 Results on Nov 16, 2022

CMC Markets plc Announces Appointment of Susanne Chishti as Non-Executive Director for Workforce Engagement

Price target decreased to UK£3.16

CMC Markets plc Approves Final Dividend

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.089 per share

CMC Markets plc, Annual General Meeting, Jul 28, 2022

Less than half of directors are independent

Full year 2022 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

CMC Markets plc Recommends Final Dividend for the Fiscal Year 2022, Payable on August 11, 2022

CMC Markets plc Appoints Susanne Chishti as Non-Executive Director

CMC Markets Plc Provides Earnings Guidance for the Year Period from 1 January 2022 to 31 March 2022

Investor sentiment deteriorated over the past week

Price target decreased to UK£3.37

CMC Markets London Ordinary Shares to Be Deleted from Other OTC

First half 2022 earnings released: EPS UK£0.096 (vs UK£0.38 in 1H 2021)

If You Like EPS Growth Then Check Out CMC Markets (LON:CMCX) Before It's Too Late

Price target decreased to UK£4.98

CMC Markets plc Provides Earnings Guidance for the Fiscal Year 2022

Investor sentiment deteriorated over the past week

CMC Markets' (LON:CMCX) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming dividend of UK£0.21 per share

Should You Be Adding CMC Markets (LON:CMCX) To Your Watchlist Today?

Group Commercial Director exercised options to buy UK£494k worth of stock.

Full year 2021 earnings released: EPS UK£0.61 (vs UK£0.30 in FY 2020)

Here's Why I Think CMC Markets (LON:CMCX) Might Deserve Your Attention Today

Price target increased to UK£4.61

CMC Markets plc Revises Earnings Guidance for the Year Ending March 31, 2021

Investor sentiment improved over the past week

Is CMC Markets plc (LON:CMCX) A Smart Pick For Income Investors?

The Independent Non-Executive Director of CMC Markets plc (LON:CMCX), Clare Salmon, Just Sold 94% Of Their Holding

Independent Non-Executive Director recently sold UK£50k worth of stock

Analysts increase EPS estimates to UK£0.56

Price target raised to UK£4.14

Price target raised to UK£4.07

Did You Miss CMC Markets' (LON:CMCX) Impressive 178% Share Price Gain?

New 90-day high: UK£4.37

If You Like EPS Growth Then Check Out CMC Markets (LON:CMCX) Before It's Too Late

Trade Alert: The Group Commercial Director Of CMC Markets plc (LON:CMCX), David Fineberg, Has Sold Some Shares Recently

Group Commercial Director recently sold UK£990k worth of stock

CMC Markets (LON:CMCX) Could Be A Buy For Its Upcoming Dividend

First half 2021 earnings released: EPS UK£0.38

Revenue beats expectations

Market bids up stock over the past week

New 90-day high: UK£3.69

CMC Markets Plc to Report First Half, 2021 Results on Nov 19, 2020

CMC Markets Plc(LSE:CMCX) dropped from FTSE All-Small Index (GBP)

Analysts increase EPS estimates to UK£0.41