CONMED (CNMD) Stock Price, News & Analysis

Company Overview

CONMED Corporation (NYSE: CNMD) is a global medical technology company headquartered in Utica, New York. Founded in 1970, CONMED develops, manufactures and markets a broad portfolio of surgical devices and accessories for minimally invasive procedures. The company’s product line supports surgeons and healthcare providers in specialties including orthopedics, general surgery, gastroenterology and gynecology.

CONMED operates two principal segments: Orthopedics, and Visualization & Energy. The Orthopedics segment offers arthroscopic shavers, burrs and handpieces, as well as joint repair and reconstruction implants. In its Visualization & Energy segment, CONMED provides endoscopic imaging systems, electrosurgical and radiofrequency generators, insufflators, ablation devices and related disposables. These technologies are designed to improve procedural efficiency, safety and patient outcomes.

With a presence in over 70 countries, CONMED sells products through direct sales forces as well as distributor partnerships. The company’s international footprint spans North America, Europe, Latin America, Asia Pacific and select emerging markets. CONMED works closely with healthcare facilities and surgical centers to deliver training, technical support and service solutions tailored to local regulatory requirements and clinical practices.

Leadership at CONMED includes President and Chief Executive Officer Jeffrey M. Dunn, whose tenure has focused on strategic growth through product innovation and targeted acquisitions. Over its history, the company has expanded both organically and via the integration of complementary businesses to broaden its capabilities in key procedural areas. CONMED remains committed to advancing minimally invasive surgical technologies and supporting clinicians worldwide.

Key Stats

• Today's Range: $53.28 to $54.36
• 50-Day Range: $47.62 to $55.85
• 52-Week Range: $46.00 to $78.19
• Volume: 160,801 shs
• Average Volume: 473,688 shs
• Market Capitalization: $1.66 billion
• P/E Ratio: 15.17
• Dividend Yield: 1.49%
• Price Target: $59.80
• Consensus Rating: Hold

CONMED Stock Analysis - MarketRank™

CONMED scored higher than 90% of companies evaluated by MarketBeat, and ranked 153rd out of 940 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

CONMED has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CONMED has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 16.55%

Earnings Growth

Earnings for CONMED are expected to grow by 16.55% in the coming year, from $4.35 to $5.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CONMED is 15.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of CONMED is 15.17, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 82.79.

Price to Earnings Growth Ratio

CONMED has a PEG Ratio of 1.85. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CONMED has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.40% of the outstanding shares of CONMED have been sold short.

Short Interest Ratio / Days to Cover

CONMED has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in CONMED has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

CONMED pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

CONMED does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CONMED is 22.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CONMED will have a dividend payout ratio of 15.78% next year. This indicates that CONMED will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.3 / 5
• Environmental Score: -0.74

Percentage of Shares Shorted

6.40% of the outstanding shares of CONMED have been sold short.

Short Interest Ratio / Days to Cover

CONMED has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in CONMED has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.04

News Sentiment

CONMED has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for CONMED this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for CNMD on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added CONMED to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CONMED insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.10% of the stock of CONMED is held by insiders.

CNMD Stock Analysis - Frequently Asked Questions

How have CNMD shares performed this year?

CONMED's stock was trading at $68.44 at the beginning of the year. Since then, CNMD shares have decreased by 21.7% and is now trading at $53.5550.

How were CONMED's earnings last quarter?

CONMED Corporation (NYSE:CNMD) posted its quarterly earnings data on Wednesday, July, 30th. The company reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. CONMED's quarterly revenue was up 3.1% compared to the same quarter last year.
Read the conference call transcript.

Who are CONMED's major shareholders?

Top institutional shareholders of CONMED include Westwood Holdings Group Inc. (4.00%), Westwood Holdings Group Inc. (4.00%), Champlain Investment Partners LLC (2.70%) and Geode Capital Management LLC (2.37%). Insiders that own company stock include Charles Farkas, Daniel S Jonas, Pat Beyer, Brian Concannon, Curt R Hartman, Martha Goldberg Aronson, Peter K Shagory, Barbara J Schwarzentraub, Johonna Marie Pelletier, John D Ferrell, Stanley W Peters III, Todd W Garner and Richard Glaze.
View institutional ownership trends.

How do I buy shares of CONMED?

Shares of CNMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CONMED own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CONMED investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Record date for 7/3 Dividend: 6/13/2025
• Ex-Dividend for 7/3 Dividend: 6/13/2025
• Dividend Payable: 7/03/2025
• Last Earnings: 7/30/2025
• Today: 9/02/2025
• Record date for 10/3 Dividend: 9/15/2025
• Ex-Dividend for 10/3 Dividend: 9/15/2025
• Dividend Payable: 10/03/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: MED/DENTAL - SUPP
• Sub-Industry: Medical Equipment
• Current Symbol: NYSE:CNMD
• CIK: 816956
• Web: www.conmed.com
• Phone: (727) 392-6464
• Fax: 315-797-0321
• Employees: 4,100
• Year Founded: N/A

Price Target and Rating

• Average Price Target for CONMED: $59.80
• High Price Target: $68.00
• Low Price Target: $55.00
• Potential Upside/Downside: +11.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.53
• Trailing P/E Ratio: 15.17
• Forward P/E Ratio: 12.31
• P/E Growth: 1.85
• Net Income: $132.42 million
• Net Margins: 8.31%
• Pretax Margin: 10.38%
• Return on Equity: 14.43%
• Return on Assets: 6.05%

Debt

• Debt-to-Equity Ratio: 0.88
• Current Ratio: 2.23
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $1.31 billion
• Price / Sales: 1.27
• Cash Flow: $6.62 per share
• Price / Cash Flow: 8.09
• Book Value: $31.16 per share
• Price / Book: 1.72

Miscellaneous

• Outstanding Shares: 30,950,000
• Free Float: 29,995,000
• Market Cap: $1.66 billion
• Optionable: Optionable
• Beta: 1.18