Herzfeld Caribbean Basin Fund Inc-The

Herzfeld Caribbean Basin Fund Inc-The Stock Forecast & Price Prediction

Live Herzfeld Caribbean Basin Fund Inc-The Stock (CUBA) Price
$2.27

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.27

P/E Ratio

2.12

Volume Traded Today

$35,712

Dividend

$0.135375

52 Week High/low

3.81/2.15

Herzfeld Caribbean Basin Fund Inc-The Market Cap

$34.7M

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CUBA Summary

From what 0 stock analysts predict, the share price for Herzfeld Caribbean Basin Fund Inc-The (CUBA) might decrease by 100% in the next year. This is based on a 12-month average estimation for CUBA. Price targets go from $ to $. The majority of stock analysts believe CUBA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CUBA Analyst Ratings

Herzfeld Caribbean Basin Fund Inc-The has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Herzfeld Caribbean Basin Fund Inc-The will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CUBA stock forecast by analyst

These are the latest 20 analyst ratings of CUBA.

Analyst/Firm

Rating

Price Target

Change

Date


Ladenburg Thalmann

Buy

$8.25

Maintains

Apr 19, 2016

CUBA Company Information

  • Type of Fund: Closed-ended equity mutual fund
  • Management: Managed by Herzfeld/Cuba, under Thomas J. Herzfeld Advisors, Inc.
  • Investment Focus: Public equity markets of the United States
  • Investment Strategy: Fundamental analysis of companies likely to benefit from developments in the Caribbean Basin
  • Geographical Focus: Investments primarily in the Caribbean Basin, including countries like Cuba, Jamaica, and Puerto Rico
  • Sector Diversification: Invests in stocks across diversified sectors
  • Established: Formed on March 10, 1992
  • Domicile: Domiciled in the United States
CUBA
Herzfeld Caribbean Basin Fund Inc-The (CUBA)

When did it IPO

N/A

Staff Count

0

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Market Cap

$34.7M

Herzfeld Caribbean Basin Fund Inc-The (CUBA) Financial Data

In 2023, CUBA generated $8.5M in revenue, which was a increase of 226.17% from the previous year. This can be seen as a signal that CUBA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$-10,483,312

Revenue From 2021

$18.4M

275.31 %
From Previous Year

Revenue From 2022

$-6,699,081

-136.45 %
From Previous Year

Revenue From 2023

$8.5M

226.17 %
From Previous Year
  • Revenue TTM $739,125
  • Operating Margin TTM -78.0%
  • Gross profit TTM $0
  • Return on assets TTM -0.4%
  • Return on equity TTM 18.4%
  • Profit Margin 1,076.9%
  • Book Value Per Share 3.48%
  • Market capitalisation $34.7M
  • Revenue for 2021 $18.4M
  • Revenue for 2022 $-6,699,081
  • Revenue for 2023 $8.5M
  • EPS this year (TTM) $1.08

Herzfeld Caribbean Basin Fund Inc-The (CUBA) Latest News

News Image

Mon, 15 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the โ€œFundโ€) today announced that the Fund has made the following distribution pursuant to the Fund's Managed Distribution Policy (the โ€œPolicyโ€):

News Image

Thu, 23 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the โ€œFundโ€) today announced that the Fund will pay a distribution pursuant to the Fund's managed distribution policy (the โ€œPolicyโ€) using a combination of shares of common stock and cash.

News Image

Thu, 23 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the โ€œFundโ€), please note that in the table under the "Distribution in Stock and Cash" section, the "Ex-Date" should be 06/03/2024 instead of 05/31/2024. The corrected release follows:

News Image

Mon, 20 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, FLA., May 20, 2024 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the โ€œFundโ€) is pleased to announce that May 20, 2024 marks 30 years since the Fund's common stock commenced trading on the NASDAQ Capital Market. The original date of May 20th was selected to honor Cuban Independence Day and to emphasize the importance of Cuba to the economic future of the Caribbean Basin. The Fund was launched through a continuous offering which began in 1993 and closed in the first quarter of 1994. Trading was then delayed until May 20, 1994.

News Image

Mon, 25 Mar 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, Fla., March 25, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the โ€œFundโ€) today announced the final results of the Fund's cash tender offer to purchase up to 10% of its outstanding common shares at 97.5% of the Fund's net asset value (โ€œNAVโ€) as of the close of ordinary trading on the NASDAQ Capital Market (the โ€œNASDAQโ€) on March 19, 2024, the expiration date (the โ€œTender Offerโ€).

News Image

Wed, 20 Mar 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MIAMI BEACH, Fla., March 20, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the โ€œFundโ€) today announced the preliminary results of the Fund's cash tender offer to purchase up to 10% of its outstanding common shares at 97.5% of the Fund's net asset value (โ€œNAVโ€) as of the close of ordinary trading on the NASDAQ Capital Market (the โ€œNASDAQโ€) on March 19, 2024, the expiration date (the โ€œTender Offerโ€).

...

CUBA Frequently asked questions

The highest forecasted price for CUBA is $ from at .

The lowest forecasted price for CUBA is $ from from

The CUBA analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.