CET
Price:
$50.4639
Market Cap:
$1.46B
Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York, New York.
Industry
Asset Management
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
CET
According to Central Securities Corp.’s latest financial reports and current stock price. The company's current ROE is 13.23%. This represents a change of 56.18% compared to the average of 8.47% of the last 4 quarters.
The mean historical ROE of Central Securities Corp. over the last ten years is 10.99%. The current 13.23% ROE has changed 20.33% with respect to the historical average. Over the past ten years (40 quarters), CET's ROE was at its highest in in the June 2019 quarter at 18.79%. The ROE was at its lowest in in the December 2018 quarter at -7.75%.
Average
10.99%
Median
16.82%
Minimum
-14.01%
Maximum
26.53%
Discovering the peaks and valleys of Central Securities Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 273.02%
Maximum Annual ROE = 26.53%
Minimum Annual Increase = -671.03%
Minimum Annual ROE = -14.01%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.34% | 8.26% |
| 2023 | 16.94% | -220.97% |
| 2022 | -14.01% | -152.79% |
| 2021 | 26.53% | 273.02% |
| 2020 | 7.11% | -71.82% |
| 2019 | 25.24% | -663.48% |
| 2018 | -4.48% | -121.87% |
| 2017 | 20.48% | 22.66% |
| 2016 | 16.69% | -671.03% |
| 2015 | -2.92% | -163.05% |
The current ROE of Central Securities Corp. (CET) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.09%
5-year avg
10.99%
10-year avg
10.99%
Central Securities Corp.’s ROE is less than General American Investors Company, Inc. (12.53%), less than Oxford Lane Capital Corp. (2.72%), less than FS Credit Opportunities Corp. (13.47%), less than Tri-Continental Corporation (11.91%), less than First Merchants Corporation (9.93%), less than Virtus Investment Partners, Inc. (15.11%), less than Merchants Bancorp (11.19%), less than Morgan Stanley Direct Lending Fund (9.86%), less than Goldman Sachs BDC, Inc. (10.10%), less than Trinity Capital Inc. (16.63%),
| Company | ROE | Market cap |
|---|---|---|
| 12.53% | $1.37B | |
| 2.72% | $1.48B | |
| 13.47% | $1.20B | |
| 11.91% | $1.81B | |
| 9.93% | $2.17B | |
| 15.11% | $1.07B | |
| 11.19% | $1.59B | |
| 9.86% | $1.52B | |
| 10.10% | $1.15B | |
| 16.63% | $1.12B |
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What is the 5-year average ROE for Central Securities Corp. (CET)?
How does the current ROE for Central Securities Corp. (CET) compare to its historical average?