Eastman Kodak Co (KODK) Investors To Reap Big Returns Again

Eastman Kodak Co (NYSE:KODK) has a beta value of 3.69 and has seen 3.76 million shares traded in the last trading session. The company, currently valued at $532.25M, closed the last trade at $6.62 per share which meant it gained $0.37 on the day or 5.92% during that session. The KODK stock price is -1.36% off its 52-week high price of $6.71 and 49.7% above the 52-week low of $3.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.96 million shares traded. The 3-month trading volume is 689.87K shares.

Eastman Kodak Co (NYSE:KODK) trade information

Sporting 5.92% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KODK stock price touched $6.62 or saw a rise of 3.92%. Year-to-date, Eastman Kodak Co shares have moved 69.74%, while the 5-day performance has seen it change 25.86%. Over the past 30 days, the shares of Eastman Kodak Co (NYSE:KODK) have changed 31.09%. Short interest in the company has seen 4.85 million shares shorted with days to cover at 11.45.

Eastman Kodak Co (KODK) estimates and forecasts

The company’s shares have gained 28.29% over the past 6 months.

KODK Dividends

Eastman Kodak Co is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Eastman Kodak Co (NYSE:KODK)’s Major holders

Insiders own 21.98% of the company shares, while shares held by institutions stand at 44.72% with a share float percentage of 57.33%. Investors are also buoyed by the number of investors in a company, with Eastman Kodak Co having a total of 184.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 4.53 million shares worth more than $24.39 million. As of 2024-06-30, BLACKROCK INC. held 5.6877% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 3.84 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.65 million and represent 4.8169% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Jun 30, 2024 , the former fund manager holds about 2.65% shares in the company for having 2.13 shares of worth $14.09 million while later fund manager owns 1.64 shares of worth $10.83 million as of Sep 30, 2024 , which makes it owner of about 2.04% of company’s outstanding stock.