CorMedix Inc. (CRMD)

NASDAQ: CRMD · Real-Time Price · USD
6.74
+0.03 (0.45%)
At close: Mar 28, 2025, 4:00 PM
6.77
+0.03 (0.38%)
After-hours: Mar 28, 2025, 7:42 PM EDT
0.45%
Market Cap 439.33M
Revenue (ttm) 43.47M
Net Income (ttm) -17.93M
Shares Out 65.18M
EPS (ttm) -0.30
PE Ratio n/a
Forward PE 12.25
Dividend n/a
Ex-Dividend Date n/a
Volume 2,200,532
Open 6.62
Previous Close 6.71
Day's Range 6.31 - 6.77
52-Week Range 3.61 - 13.85
Beta 1.53
Analysts Strong Buy
Price Target 15.14 (+124.63%)
Earnings Date Mar 25, 2025

About CRMD

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. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Height... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Mar 25, 2010
Employees 83
Stock Exchange NASDAQ
Ticker Symbol CRMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CRMD stock is "Strong Buy." The 12-month stock price forecast is $15.14, which is an increase of 124.63% from the latest price.

Price Target
$15.14
(124.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CorMedix: A Fair-Priced Biotech Company With A Bright Future

CorMedix Inc.'s DefenCath, FDA-approved in Q4 2023, effectively prevents catheter-related bloodstream infections in hemodialysis patients, showing 71% efficacy compared to competitors. Despite recent ...

19 hours ago - Seeking Alpha

CorMedix Inc. (CRMD) Q4 2024 Earnings Call Transcript

CorMedix Inc. (NASDAQ:CRMD) Q4 2024 Earnings Conference Call March 25, 2025 8:30 AM ET Company Participants Dan Ferry - Managing Director, LifeSci Advisors Joe Todisco - Chief Executive Officer Matt ...

3 days ago - Seeking Alpha

CorMedix Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update

‒ Q4 2024 Net Revenue of $31.2mm; 2024 Net Revenue of $43.5mm ‒ ‒ Q4 Net Income of $13.5mm and Adjusted EBITDA of $15.3mm ‒ ‒ Conference Call Scheduled for Today at 8:30 a.m. Eastern Time ‒ BERKELEY H...

3 days ago - GlobeNewsWire

CorMedix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

CorMedix Inc. CRMD will release its fourth-quarter financial results, before the opening bell, on Tuesday, March 25.

4 days ago - Benzinga

CorMedix Inc. to Report Fourth Quarter and Full Year 2024 Financial Results and Provide a Corporate Update on March 25, 2025

BERKELEY HEIGHTS, N.J., March 18, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening...

10 days ago - GlobeNewsWire

CorMedix Inc. Announces Preliminary Fourth Quarter 2024 Results and Provides Business Update

‒ Q4 2024 Unaudited Net Revenue of Approximately $31mm ‒ ‒ FY 2024 Unaudited Net Revenue of Approximately $43mm ‒ ‒ Expects Q4 Adjusted EBITDA to Exceed $12mm ‒ BERKELEY HEIGHTS, N.J., Jan. 07, 2025 (...

2 months ago - GlobeNewsWire

CorMedix Inc. Added to Nasdaq Biotechnology Index

BERKELEY HEIGHTS, N.J., Dec. 19, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

3 months ago - GlobeNewsWire

CorMedix Inc. Supports CMS Policy Updates Regarding Access to Innovative Drug Products

BERKELEY HEIGHTS, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

4 months ago - GlobeNewsWire

Stock Picks From Seeking Alpha's October 2024 New Analysts

In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...

5 months ago - Seeking Alpha

CorMedix Inc. to Participate in the Truist Securities BioPharma Symposium

BERKELEY HEIGHTS, N.J., Nov. 04, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

5 months ago - GlobeNewsWire

CorMedix Inc. (CRMD) Q3 2024 Earnings Call Transcript

CorMedix Inc. (NASDAQ:CRMD) Q3 2024 Earnings Call October 30, 2024 8:30 AM ET Company Participants Dan Ferry - Investor Relations Joe Todisco - Chief Executive Officer Matt David - Executive Vice Pre...

5 months ago - Seeking Alpha

CorMedix Inc. Reports Third Quarter and Nine Month 2024 Financial Results and Provides Business Update

‒ Q3 2024 Net Revenue of $11.5 million ‒ ‒ Commercializing DefenCath with Four of Top Five US Dialysis Providers ‒ ‒ Conference Call Scheduled for Today at 8:30 a.m. Eastern Time ‒ BERKELEY HEIGHTS, N...

5 months ago - GlobeNewsWire

CorMedix 2.0: New Leadership, New Approval, New Focus

CorMedix is a biopharmaceutical company that has undergone a re-birth as it enters a new phase with FDA approval of its anti-infective catheter solution, DefenCath. The company has faced challenges in...

5 months ago - Seeking Alpha

Undercovered Dozen: CorMedix, Cabaletta, Skyx Platforms, Dynex Capital +

The 'Undercovered' Dozen highlights 12 lesser-covered stock ideas from October 18th - 24th, offering fresh investment takes for community discussion. Dnis Buivolov updates their Nebius Group valuation...

5 months ago - Seeking Alpha

CorMedix Inc. Announces New Data at ASN Kidney Week 2024

Study highlights significant healthcare challenges and costs associated with bloodstream infections (BSIs) in patients receiving chronic hemodialysis through central venous catheters (HD-CVCs) Study h...

5 months ago - GlobeNewsWire

CorMedix Inc. to Report Third Quarter 2024 Financial Results and Provide a Corporate Update on October 30, 2024

BERKELEY HEIGHTS, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

5 months ago - GlobeNewsWire

CorMedix Inc. to Present at the Cantor Global Healthcare Conference

BERKELEY HEIGHTS, N.J., Sept. 13, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention a...

7 months ago - GlobeNewsWire

CorMedix Inc. Announces New Commercial Agreement

BERKELEY HEIGHTS, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and condit...

7 months ago - GlobeNewsWire

CorMedix Inc. (CRMD) Q2 2024 Earnings Call Transcript

CorMedix Inc. (NASDAQ:CRMD) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Dan Ferry - LifeSci Advisors Joe Todisco - CEO Matt David - EVP and CFO Liz Hurlburt - EVP...

8 months ago - Seeking Alpha

CorMedix Inc. Reports Second Quarter and Six Month 2024 Financial Results and Provides Business Update

BERKELEY HEIGHTS, N.J., Aug. 14, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

8 months ago - GlobeNewsWire

CorMedix Inc. to Report Second Quarter 2024 Financial Results and Provide a Corporate Update on August 14, 2024

BERKELEY HEIGHTS, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

8 months ago - GlobeNewsWire

CorMedix Inc. Announces Outpatient Availability of DefenCath

BERKELEY HEIGHTS, N.J., July 03, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and conditi...

9 months ago - GlobeNewsWire

CorMedix Inc. Announces CMS Grants Pass-Through Status to Defencath

BERKELEY HEIGHTS, N.J., June 06, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening ...

10 months ago - GlobeNewsWire

CorMedix Inc. Announces Commercial Agreement With Top Tier Dialysis Provider

BERKELEY HEIGHTS, N.J., May 28, 2024 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing therapeutic products for life-threatening diseases and conditio...

10 months ago - GlobeNewsWire

CorMedix Inc. (CRMD) Q1 2024 Earnings Call Transcript

CorMedix Inc. (NASDAQ:CRMD) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET Company Participants Dan Ferry - LifeSci Advisors Joe Todisco - Chief Executive Officer Matt David - EVPr and CFO Be...

11 months ago - Seeking Alpha