CONMED Corporation (CNMD)

NYSE: CNMD · IEX Real-Time Price · USD
109.58
+1.23 (1.14%)
Dec 7, 2023, 4:00 PM EST - Market closed
1.14%
Market Cap 3.33B
Revenue (ttm) 1.17B
Net Income (ttm) 57.97M
Shares Out 30.75M
EPS (ttm) 1.90
PE Ratio 57.67
Forward PE 25.56
Dividend $0.80 (0.73%)
Ex-Dividend Date Dec 15, 2023
Volume 245,005
Open 108.37
Previous Close 108.35
Day's Range 107.53 - 109.79
52-Week Range 82.97 - 138.47
Beta 1.36
Analysts Strong Buy
Price Target 128.86 (+17.59%)
Earnings Date Feb 1, 2024

About CNMD

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide. It offers orthopedic surgery products, including TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide unique clinical solutions to orthopedic surgeons for the repair of soft tissue injuries, as well as supporting products that enable surgeons to perform minimally invasive sports medicine surgeries. The compan... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 23, 1987
Employees 4,100
Stock Exchange NYSE
Ticker Symbol CNMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CNMD stock is "Strong Buy." The 12-month stock price forecast is $128.86, which is an increase of 17.59% from the latest price.

Price Target
$128.86
(17.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CONMED Corporation Announces Quarterly Cash Dividend

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on December 4, 2023, payable on January ...

2 days ago - Business Wire

CONMED Corporation to Participate in a Fireside Chat at the Piper Sandler Healthcare Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Curt R. Hartman, Chair of the Board, President, and Chief Executive Officer, and Todd W. Garner, Executive Vice Presi...

24 days ago - Business Wire

CONMED Corporation to Participate in Fireside Chats at Two Investor Conferences on November 14-15

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will participate in fireside chats at the following two investor conferences in November: Conference: Stifel Healt...

5 weeks ago - Business Wire

CONMED Corporation Announces Third Quarter 2023 Financial Results

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Sales of $304.6 million in...

6 weeks ago - Business Wire

CONMED Corporation to Announce Third Quarter 2023 Financial Results on October 25, 2023

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will report financial results for the third quarter 2023 after the market close on Wednesday, October 25, 2023. Th...

2 months ago - Business Wire

CONMED Corporation to Participate in a Virtual Fireside Chat at the CL King Best Ideas Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Todd W. Garner, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at ...

3 months ago - Business Wire

CONMED Corporation to Participate in a Fireside Chat at the Wells Fargo Healthcare Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Todd W. Garner, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Well...

3 months ago - Business Wire

CONMED Corporation Announces Second Quarter 2023 Financial Results

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Sales of $317.7 million incre...

4 months ago - Business Wire

CONMED Corporation to Announce Second Quarter 2023 Financial Results on July 26, 2023

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will report financial results for the second quarter 2023 after the market close on Wednesday, July 26, 2023. The ...

5 months ago - Business Wire

CONMED Corporation to Participate in a Fireside Chat at the Jefferies Healthcare Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Curt R. Hartman, Chair of the Board, President, and Chief Executive Officer, and Todd W. Garner, Executive Vice Presi...

7 months ago - Business Wire

CONMED Corporation Announces First Quarter 2023 Financial Results

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Sales of $295.5 million increa...

8 months ago - Business Wire

CONMED Corporation to Announce First Quarter 2023 Financial Results on April 26, 2023

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will report financial results for the first quarter 2023 after the market close on Wednesday, April 26, 2023. The ...

8 months ago - Business Wire

CONMED Corporation Announces Annual Meeting of Stockholders

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that its Annual Meeting of Stockholders will be held on Wednesday, May 24, 2023, at 1:30 p.m. ET at its corporate headquar...

9 months ago - Business Wire

CONMED Corporation to Participate in a Virtual Fireside Chat at the KeyBanc Life Sciences and MedTech Investor Forum

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Curt R. Hartman, Chair of the Board, President, and Chief Executive Officer, and Todd W. Garner, Executive Vice Presi...

9 months ago - Business Wire

CONMED Corporation Announces Fourth Quarter and Full-Year 2022 Financial Results

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced financial results for the fourth quarter and full-year ended December 31, 2022.

11 months ago - Business Wire

CONMED Corporation to Announce Fourth Quarter 2022 Financial Results on February 2, 2023

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will report financial results for the fourth quarter 2022 after the market close on Thursday, February 2, 2023. ...

11 months ago - Business Wire

CONMED Corporation to Participate in a Fireside Chat at the 34th Annual Piper Sander Healthcare Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Curt R. Hartman, Chair of the Board, President, and Chief Executive Officer, and Todd W. Garner, Executive Vice Pre...

1 year ago - Business Wire

CONMED Corporation Withdraws 2022 Financial Outlook due to Temporary Impact from Software Implementation; Provides 2023 Financial Outlook

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that due to a temporary disruption resulting from the implementation of new warehouse management software, the Company i...

1 year ago - Business Wire

CONMED Corporation to Announce Third Quarter 2022 Financial Results on October 26, 2022

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it will report financial results for the third quarter 2022 after the market close on Wednesday, October 26, 2022. Th...

1 year ago - Business Wire

CONMED Corporation to Participate in a Fireside Chat at the Morgan Stanley Global Healthcare Conference

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that Curt R. Hartman, Chair of the Board, President, and Chief Executive Officer, and Todd W. Garner, Executive Vice Presi...

1 year ago - Business Wire

CONMED Completes Acquisition of Biorez, Inc.

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced that it has completed its previously announced acquisition of privately-held Biorez, Inc. Biorez is a medical device start...

1 year ago - Business Wire

CONMED Announces Definitive Agreement to Acquire Biorez, Inc.

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced a definitive agreement to acquire privately held Biorez, Inc. (Biorez), on a cash-free, debt-free basis, for cash consider...

1 year ago - Business Wire

CONMED Corporation Announces Second Quarter 2022 Financial Results

LARGO, Fla.--(BUSINESS WIRE)--CONMED Corporation (NYSE: CNMD) today announced financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Sales of $277.2 million incre...

1 year ago - Business Wire