CRMD

CorMedix Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0001410098
$8.74 -2.46% $685.7M
High Impact Filing (7/10)11 New Institutional Positions8 Institutional Exits
Vol
Market Cap$685.7M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (92%)
Inst. Holders50 funds
Inst. Value$162.8M
Inst. Activity11 buys / 8 sells
Reddit Sentiment33° Cool
SEC Reports6
Press Releases3
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0001410098·Prev Close $8.96

Recent Activity

Jun 12, 2026 SEC
A strong institutional cluster formed in CRMD during Q4 2024, with 8 buyers (net +$14.6M) overwhelming 3 sellers (net -$
INST-CLUSTER — Impact 7/10
Jun 8, 2026 SEC
CorMedix announced that the U.S. Court of Appeals for the Federal Circuit affirmed the district court's judgment that Ne
8-K — Impact 7/10
Jun 8, 2026 announcement
U.S. Court of Appeals for the Federal Circuit Affirms Victory for Cormedix Therapeutics in Minocin® Patent Litigation
<p align="justify">PARSIPPANY, N.J., June 08, 2026 (GLOBE NEWSWIRE) -- CorMedix Therapeutics (Nasd
May 14, 2026 SEC
CorMedix reported Q1 2026 revenue of $127.4M and GAAP net income of $38.6M ($0.43 diluted EPS), with DefenCath sales of
8-K — Impact 7/10
Feb 4, 2026 Insider
Zelnick Kaufman Beth was granted 36,006 shares
Chief Legal Officer
Feb 4, 2026 Insider
Hurlburt Elizabeth was granted 36,006 shares
Chief Operating Officer
Feb 4, 2026 Insider
Todisco Joseph was granted 77,156 shares
Chief Executive Officer
Inst.
ROYCE & ASSOCIATES LP — DOUBLED
1,887,532 shares ($12.8M)

Price Targets

$15.20 +73.9% upside Strong Buy
Current $8.74 Low $13.00 Median $15.00 High $19.00 5 analysts
$13.00 $19.00

Analyst Ratings

Strong Buy92% buy · 12 analysts
3Strong Buy
8Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 28, 2026 RBC Capital MAINTAIN Outperform → Outperform
Apr 28, 2026 Citizens REITERATE Market Outperform → Market Outperform
Apr 28, 2026 Leerink Partners MAINTAIN Outperform → Outperform
Apr 27, 2026 Needham MAINTAIN Buy → Buy
Apr 27, 2026 D. Boral Capital MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.23 ▼ -15.6% $0.15 — $0.31 -16% YoY 5
Next Q $-0.09 ▼ -68.7% $-0.16 — $-0.04 -107% YoY 5
Current FY $0.50 ▼ -2.2% $0.42 — $0.56 -75% YoY 5
Next FY $0.09 ▼ -59.3% $0.01 — $0.18 -83% YoY 5

Top Institutional Holders

FundValueMove
BlackRock, Inc.$40.5M
VANGUARD CAPITAL MANAGEMENT LLC$21.3M
STATE STREET CORP$14.9M
ROYCE & ASSOCIATES LP$12.8MDOUBLED
SUSQUEHANNA INTERNATIONAL GROUP, LLP$6.3M

Recent Insider Trades

DateInsiderTypeValue
Feb 4, 2026Zelnick KaufmanA$0.00
Feb 4, 2026Hurlburt ElizabethA$0.00
Feb 4, 2026Todisco JosephA$0.00

Reddit Sentiment

33°
Cool
Bearish Neutral Bullish
2 mentions 0 bullish 2 bearish
50 institutional holders with $162.8M total value (24,018,790 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 11 institutions added/increased vs 8 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.5,967,575$40.5M24.9%
2VANGUARD CAPITAL MANAGEMENT LLC3,129,656$21.3M13.1%
3STATE STREET CORP2,191,843$14.9M9.1%
4ROYCE & ASSOCIATES LP1,887,532$12.8M7.9%DOUBLED +679.9%
5SUSQUEHANNA INTERNATIONAL GROUP, LLP922,200$6.3M3.8%
6Alyeska Investment Group, L.P.850,000$5.8M3.5%TRIM -32.7%
7SUSQUEHANNA INTERNATIONAL GROUP, LLP819,100$5.6M3.4%
8VANGUARD PORTFOLIO MANAGEMENT LLC742,571$5.0M3.1%
9CHARLES SCHWAB INVESTMENT MANAGEMENT INC602,966$4.1M2.5%DOUBLED +199.0%
10Trexquant Investment LP560,637$3.8M2.3%TRIM -63.6%
11GOLDMAN SACHS GROUP INC511,329$3.5M2.1%
12VANGUARD FIDUCIARY TRUST CO505,679$3.4M2.1%
13MARSHALL WACE, LLP502,965$3.4M2.1%TRIM -74.4%
14VICTORY CAPITAL MANAGEMENT INC499,803$3.4M2.1%ADD +58.7%
15MORGAN STANLEY435,639$3.0M1.8%TRIM -32.9%
16RAYMOND JAMES FINANCIAL INC328,224$2.2M1.4%
17AMERIPRISE FINANCIAL INC277,784$1.9M1.2%
18CITADEL ADVISORS LLC276,300$1.9M1.2%
19LAZARD ASSET MANAGEMENT LLC243,179$1.7M1.0%
20CITADEL ADVISORS LLC242,612$1.6M1.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
ROYCE & ASSOCIATES LPDOUBLED242,0231,887,532+679.9%$12.8M2026-Q1
MARSHALL WACE, LLPTRIM1,966,262502,965-74.4%$3.4M2026-Q1
VICTORY CAPITAL MANAGEMENT INCADD314,970499,803+58.7%$3.4M2026-Q1
MORGAN STANLEYTRIM648,762435,639-32.9%$3.0M2026-Q1
COMMONWEALTH EQUITY SERVICES, LLCADD113,512216,404+90.6%$1.5M2026-Q1
Daiwa Securities Group Inc.DOUBLED200126,400+63100.0%$858.3K2026-Q1
SEI INVESTMENTS COADD56,287102,844+82.7%$698.3K2026-Q1
AVIVA PLCADD46,06565,490+42.2%$444.7K2026-Q1
DEUTSCHE BANK AG\ADD46,06261,074+32.6%$414.7K2026-Q1
FRANKLIN RESOURCES INCADD43,95156,553+28.7%$384.0K2026-Q1
Legal & General Group PlcTRIM65,80249,177-25.3%$333.9K2026-Q1
Concurrent Investment Advisors, LLCADD36,35047,900+31.8%$325.2K2026-Q1
Brevan Howard Capital Management LPTRIM67,83440,029-41.0%$271.8K2026-Q1
Allworth Financial LPNEAR_EXIT69,70511,140-84.0%$75.6K2026-Q1
FMR LLCNEAR_EXIT123,7775,739-95.4%$39.0K2026-Q1
BNP Paribas Asset Management Holding S.A.ADD1,0341,559+50.8%$10.6K2026-Q1
Rockefeller Capital Management L.P.DOUBLED195710+264.1%$4.8K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCNEAR_EXIT61,555581-99.1%$3.9K2026-Q1
CWM, LLCNEAR_EXIT1,385297-78.6%$2.0K2026-Q1
MARSHALL WACE, LLPTRIM3,473,4941,966,262-43.4%$22.9M2025-Q4
Alyeska Investment Group, L.P.TRIM1,262,979850,000-32.7%$9.9M2025-Q4
VICTORY CAPITAL MANAGEMENT INCADD235,317314,970+33.8%$3.7M2025-Q4
Assenagon Asset Management S.A.ADD224,061302,508+35.0%$3.5M2025-Q4
ROYCE & ASSOCIATES LPTRIM441,312242,023-45.2%$2.8M2025-Q4
TWO SIGMA INVESTMENTS, LPADD128,555181,106+40.9%$2.1M2025-Q4
3 unique insiders with 3 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Feb 4, 2026Zelnick Kaufman BethChief Legal OfficerAWARD36,006
Feb 4, 2026Hurlburt ElizabethChief Operating OfficerAWARD36,006
Feb 4, 2026Todisco JosephChief Executive OfficerAWARD77,156
Current analyst consensus: Strong Buy (92% buy). Based on 12 analysts: 3 strong buy, 8 buy, 1 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$15.20 mean target +73.9% upside Strong Buy (1.60)
$13.00 Low $19.00 High
MetricValue
Current Price$8.74
Target Low$13.00
Target Mean$15.20
Target Median$15.00
Target High$19.00
# Analysts5
RecommendationStrong Buy (1.60)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.23 $0.15 $0.31 -16.4% -15.6% 3↑ 2↓ $0.1B 140.6% 5
Next Q
2026-09-30
$-0.09 $-0.16 $-0.04 -107.5% -68.7% 1↑ 1↓ $0.1B -48.3% 5
Current FY
2026-12-31
$0.50 $0.42 $0.56 -75.5% -2.2% 3↑ 3↓ $0.3B 7.2% 5
Next FY
2027-12-31
$0.09 $0.01 $0.18 -82.8% -59.3% 0↑ 4↓ $0.3B -14.7% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.234
7d ago$0.240-0.006
30d ago$0.277-0.043
60d ago$0.358-0.124
90d ago$0.363-0.129
6 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 28, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 28, 2026 Citizens REITERATE Market Outperform Market Outperform
Apr 28, 2026 Leerink Partners MAINTAIN Outperform Outperform
Apr 27, 2026 Needham MAINTAIN Buy Buy
Apr 27, 2026 D. Boral Capital MAINTAIN Buy Buy
Mar 5, 2026 Needham MAINTAIN Buy Buy
Feb 11, 2026 D. Boral Capital MAINTAIN Buy Buy
Jan 23, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Jan 21, 2026 RBC Capital MAINTAIN Outperform Outperform
Jan 8, 2026 D. Boral Capital MAINTAIN Buy Buy
Jan 8, 2026 Needham MAINTAIN Buy Buy
Dec 18, 2025 D. Boral Capital MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20263810092%
May 1, 20263910092%
Apr 1, 20263910092%
Mar 1, 20263910092%
Feb 1, 20263910092%
Jan 1, 20263910092%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

33°
Cool
Bearish Neutral Bullish
2 mentions 0 bullish 2 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 5, 2026140° Cool011
Mar 5, 2026140° Cool011

Recent Reddit Threads

r/wallstreetbets Bearish 3mo ago
$CRMD - *Leans in*
▲ 1 💬 1 ⚡ 0.5
Jun 8, 2026
announcement
U.S. Court of Appeals for the Federal Circuit Affirms Victory for Cormedix Therapeutics in Minocin® Patent Litigation
<p align="justify">PARSIPPANY, N.J., June 08, 2026 (GLOBE NEWSWIRE) -- CorMedix Therapeutics (Nasdaq: CRMD) today announced that the United States C
May 19, 2026
short_volume
Short Volume: CRMD — 64.4% short (0.4M / 0.6M)
Short: 398,432 | Exempt: 310 | TRF Vol: 618,606 | Short Ratio: 64.4% | Off-exchange volume (dark pool + OTC)
May 18, 2026
short_volume
Short Volume: CRMD — 58.2% short (0.5M / 0.8M)
Short: 453,501 | Exempt: 1,624 | TRF Vol: 779,475 | Short Ratio: 58.2% | Off-exchange volume (dark pool + OTC)
May 15, 2026
other
Cormedix Therapeutics to Participate in two Upcoming Investor Conferences
<p align="justify">PARSIPPANY, N.J., May 15, 2026 (GLOBE NEWSWIRE) -- CorMedix Therapeutics (Nasdaq: CRMD) today announced that management will be p
May 15, 2026
short_volume
Short Volume: CRMD — 61.2% short (0.5M / 0.9M)
Short: 532,019 | Exempt: 5,490 | TRF Vol: 870,007 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)
May 14, 2026
earnings
Cormedix Therapeutics Reports First Quarter 2026 Financial Results and Provides Business Update
<p align="center"><em>‒ Q1 2026 Net Revenue of </em><em>$127.4 million</em><em> ‒</em></p>
May 14, 2026
earnings_calendar
CRMD Q1 2026 Earnings Scheduled — 2026-05-14
May 11, 2026
short_volume
Short Volume: CRMD — 55.2% short (0.3M / 0.5M)
Short: 281,629 | Exempt: 2,224 | TRF Vol: 509,777 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
CRMD Q1 2026 Earnings Scheduled — 2026-05-07
May 5, 2026
earnings
CorMedix Therapeutics to Report First Quarter 2026 Financial Results and Provide a Corporate Update on May 14, 2026
<p align="justify">PARSIPPANY, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- CorMedix Therapeutics (Nasdaq: CRMD) today announced that it will report its f
May 4, 2026
earnings_calendar
CRMD Q1 2026 Earnings Scheduled — 2026-05-04
Apr 27, 2026
fda
CorMedix Therapeutics Announces Positive Topline Results from Phase III ReSPECT Trial Assessing REZZAYO® for the Prophylaxis of Invasive Fungal Diseases in Allogeneic Hematopoietic Stem Cell Transplantation Patients
<p align="center">– The study primary endpoint was met, showing non-inferiority vs. standard antimicrobial regimen in fungal free survival at Day 90 –
Apr 27, 2026
short_volume
Short Volume: CRMD — 60.3% short (0.4M / 0.7M)
Short: 397,582 | Exempt: 448 | TRF Vol: 659,306 | Short Ratio: 60.3% | Off-exchange volume (dark pool + OTC)
Apr 14, 2026
short_volume
Short Volume: CRMD — 58.7% short (0.3M / 0.5M)
Short: 311,596 | Exempt: 14,678 | TRF Vol: 530,642 | Short Ratio: 58.7% | Off-exchange volume (dark pool + OTC)
Apr 7, 2026
other
CorMedix to Participate in Needham Virtual Healthcare Conference
<p align="justify">PARSIPPANY, N.J., April 07, 2026 (GLOBE NEWSWIRE) -- CorMedix Therapeutics (Nasdaq: CRMD), a biopharmaceutical company focused on