CorMedix Inc. (CRMD)

US — Healthcare Sector
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Key Metrics & Ratings

  • symbol CRMD
  • Rev/Share 1.2653
  • Book/Share 1.7609
  • PB 7.712
  • Debt/Equity 0.0041
  • CurrentRatio 4.2122
  • ROIC 0.1255

 

  • MktCap 921059426.0
  • FreeCF/Share -0.2089
  • PFCF -67.5637
  • PE 51.5726
  • Debt/Assets 0.0032
  • DivYield 0
  • ROE 0.2257

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 1
  • P/B Score 2
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CRMD Leerink Partners -- Outperform -- $18 March 7, 2025
Initiation CRMD D. Boral Capital -- Buy -- $15 Jan. 13, 2025
Initiation CRMD Rodman & Renshaw -- Buy -- $13 Aug. 26, 2024

News

CorMedix: DefenCath In Exponential Growth Phase With Robust Market Position
CRMD
Published: June 05, 2025 by: Seeking Alpha
Sentiment: Positive

I am bullish on CorMedix due to its strong financial turnaround, robust revenue growth, and unique market position. DefenCath, the only FDA-approved antimicrobial catheter lock solution in the US, drives exponential revenue and profitability, with high adoption potential. CRMD's competitive edge lies in its first-mover advantage, high efficacy, and significant penetration in the US dialysis market.

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image for news CorMedix: DefenCath In Exponential Growth Phase With Robust Market Position
CorMedix: Exceeding Expectations
CRMD
Published: June 04, 2025 by: Seeking Alpha
Sentiment: Positive

CorMedix and its flagship product DefenCath have significantly outperformed expectations since commercialization, driving strong stock performance in 2025. DefenCath, approved just over a year ago, is proving highly effective in reducing catheter-related bloodstream infections, supporting its 'best of breed' status. Recent Q1 results beat consensus estimates, and the stock has strong analyst support and some recent upwardly revised price targets, reflecting confidence in continued growth.

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image for news CorMedix: Exceeding Expectations
Surging Earnings Estimates Signal Upside for CorMedix (CRMD) Stock
CRMD
Published: May 09, 2025 by: Zacks Investment Research
Sentiment: Positive

CorMedix (CRMD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Surging Earnings Estimates Signal Upside for CorMedix (CRMD) Stock
CorMedix, Inc. (CRMD) Q1 2025 Earnings Call Transcript
CRMD
Published: May 06, 2025 by: Seeking Alpha
Sentiment: Neutral

CorMedix, Inc. (NASDAQ:CRMD ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Dan Ferry – LifeSci Advisors Joe Todisco – Chief Executive Officer Matt David – Executive Vice President and Chief Financial Officer Liz Hurlburt – Executive Vice President, Chief Clinical Strategy and Operations Officer Conference Call Participants Gregory Renza – RBC Capital Roana Ruiz – Leerink Partners Leszek Sulewski – Truist Securities Serge Belanger – Needham & Company Operator Good day and welcome to the CorMedix, Inc. First Quarter 2025 Financial Results Conference Call. All participants will be in listen-only mode.

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image for news CorMedix, Inc. (CRMD) Q1 2025 Earnings Call Transcript
CorMedix (CRMD) Surpasses Q1 Earnings and Revenue Estimates
CRMD
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Positive

CorMedix (CRMD) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to loss of $0.25 per share a year ago.

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image for news CorMedix (CRMD) Surpasses Q1 Earnings and Revenue Estimates
CorMedix Inc. Reports First Quarter 2025 Financial Results and Provides Business Update
CRMD
Published: May 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

‒ Q1 2025 Net Revenue of $39.1mm; Adjusted EBITDA of $23.6mm ‒ Conference Call Scheduled for Today at 8:30 a.m. Eastern Time BERKELEY HEIGHTS, NJ.

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image for news CorMedix Inc. Reports First Quarter 2025 Financial Results and Provides Business Update
CorMedix Inc. to Report First Quarter 2025 Financial Results and Provide a Corporate Update on May 6, 2025
CRMD
Published: April 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

BERKELEY HEIGHTS, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions, today announced that it will report its financial results for the first quarter ended March 31, 2025, before the market opens on Tuesday, May 6, 2025, and will host a corporate update conference call at 8:30am Eastern Time.

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image for news CorMedix Inc. to Report First Quarter 2025 Financial Results and Provide a Corporate Update on May 6, 2025
Lost Money on CorMedix Inc.(CRMD)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
CRMD
Published: March 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 26, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CorMedix Inc. ("CorMedix Inc.") (NASDAQ:CRMD) concerning possible violations of federal securities laws. Cormedix reported fourth quarter and full year 2024 financial results.

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image for news Lost Money on CorMedix Inc.(CRMD)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
CorMedix Inc. (CRMD) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
CRMD
Published: March 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 26, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CorMedix Inc. ("CorMedix Inc.") (NASDAQ:CRMD) concerning possible violations of federal securities laws. Cormedix reported fourth quarter and full year 2024 financial results.

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image for news CorMedix Inc. (CRMD) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
CorMedix Inc. (CRMD) Q4 2024 Earnings Call Transcript
CRMD
Published: March 25, 2025 by: Seeking Alpha
Sentiment: Neutral

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 David - Executive Vice President and Chief Financial Officer Erin Mistry - Executive Vice President and Chief Commercial Officer Liz Hurlburt - Executive Vice President, Chief Clinical Strategy and Operations Officer Conference Call Participants Roanna Ruiz - Leerink Partners Jason Butler - Citizens JMP Anish Nikhanj - RBC Capital Markets Jeevan Larson - Truist Securities John Todaro - Needham & Company Operator Good day and welcome to the CorMedix …

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image for news CorMedix Inc. (CRMD) Q4 2024 Earnings Call Transcript

About CorMedix Inc. (CRMD)

  • IPO Date 2010-05-13
  • Website https://www.cormedix.com
  • Industry Biotechnology
  • CEO Mr. Joseph Todisco MBA
  • Employees 64

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. Its lead product candidate is DefenCath/Neutrolin, a novel anti-infective solution for the reduction and prevention of catheter-related infections and thrombosis in patients requiring central venous catheters in clinical settings, such as hemodialysis, total parenteral nutrition, and oncology. 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 Heights, New Jersey.