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CONMED Corporation (CNMD)

Healthcare | Medical Devices | Largo, United States | NYSE
39.68 USD +0.60 (1.535%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 19, 2026, 12:01 a.m. EDT

CONMED represents a precarious 'value trap' candidate. While the dividend yield of 2.11% is attractive and historical stability suggests the payout is unlikely to vanish quickly, the company is fundamentally deteriorating with -50% earnings growth and a recent analyst consensus downgrade. The 9-month forward P/E of 7.9x versus a tragic trailing P/E of 25.9x indicates a massively restated future, but the missing Autonomy acquisition (a major growth driver historically) leaves the scale and growth ceiling compromised. Speculators are positioning for a test of the $30–35 downside support, making this a defensive hold at best, not a momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.064483
AutoARIMA0.064695
AutoTheta0.067615
MSTL0.075313

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 80%
H-stat 0.36
Ljung-Box p 0.000
Jarque-Bera p 0.282
Excess Kurtosis -0.82
Attribute Value
Sector Healthcare
Ex Dividend Date 2025-09-14
Last Dividend Date 2025-09-14
Debt to Equity Ratio 85.905
Revenue per Share 44.294
Market Cap 1,223,474,688
Trailing P/E 26.28
Forward P/E 8.05
Beta 0.99
Profit Margins 3.42%
Website https://www.conmed.com

As of April 19, 2026, 12:01 a.m. EDT: Options activity reveals a bullish put/call ratio skew due to massive put open interest (OI) at strikes below the current price (e.g., 30 and 35 strikes), suggesting a floor support strategy or hedging rather than a sell-off bet. Conversely, call positioning is sparse, with OI concentrated at current prices (40 and 45) and slightly above, but with low volume. Implied volatility is bid up for near-term puts (IV ~1.18-3.4) compared to calls (IV ~0.72-1.96), reflecting market fear of downside risk relative to the underlying asset's weak trending performance. The lack of significant long-dated call OI above current levels indicates limited speculative momentum for a strong rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.39% 0.76% 0.91% 0.85%
Dividend History
Date Dividend Yield %
2025-09-15 0.20 0.386175
2025-06-13 0.20 0.374900
2025-03-14 0.20 0.342499
2024-12-20 0.20 0.294599
2024-09-16 0.20 0.270495
2024-06-14 0.20 0.285898
2024-03-14 0.20 0.259004
2023-12-15 0.20 0.180543
2023-09-14 0.20 0.189865
2023-06-14 0.20 0.151885
2023-03-14 0.20 0.220560
2022-12-15 0.20 0.238546
2022-09-14 0.20 0.220672
2022-06-14 0.20 0.221425
2022-03-14 0.20 0.152273
2021-12-14 0.20 0.154988
2021-09-14 0.20 0.166165
2021-06-14 0.20 0.151916
2021-03-12 0.20 0.167107
2020-12-14 0.20 0.198021
2020-09-14 0.20 0.241137
2020-06-12 0.20 0.297801
2020-03-13 0.20 0.293886
2019-12-12 0.20 0.189690
2019-09-12 0.20 0.209834
2019-06-13 0.20 0.251807
2019-03-14 0.20 0.272614
2018-12-13 0.20 0.315882
2018-09-13 0.20 0.269166
2018-06-14 0.20 0.289501
2018-03-14 0.20 0.332416
2017-12-14 0.20 0.430480
2017-09-14 0.20 0.416749
2017-06-13 0.20 0.413046
2017-03-13 0.20 0.531212
2016-12-13 0.20 0.484548
2016-09-13 0.20 0.557723
2016-06-13 0.20 0.511758
2016-03-11 0.20 0.532799
2015-12-11 0.20 0.542728
2015-09-11 0.20 0.434987
2015-06-11 0.20 0.398819
2015-03-12 0.20 0.441087
2014-12-11 0.20 0.514203
2014-09-11 0.20 0.574139
2014-06-12 0.20 0.515424
2014-03-13 0.20 0.507340
2013-12-12 0.20 0.595123
2013-09-12 0.15 0.528167
2013-06-13 0.15 0.535427
2013-03-13 0.15 0.547002
2012-12-13 0.15 0.647159
2012-09-12 0.15 0.643598
2012-06-13 0.15 0.670978
2012-03-13 0.15 0.612323
Additional Data
dividendRate 0.8
dividendYield 2.02
exDividendDate 2025-09-15
trailingAnnualDividendRate 0.6
trailingAnnualDividendYield 0.015353122
lastDividendValue 0.2
lastDividendDate 2025-09-15
dividendDate 2025-10-03

Info Dump

Attribute Value
52 Week Change -0.17367762
Address1 11,311 Concept Boulevard
All Time High 159.11
All Time Low 0.814815
Ask 0.0
Ask Size 100
Audit Risk 3
Average Daily Volume10 Day 387,970
Average Daily Volume3 Month 499,090
Average Volume 499,090
Average Volume10Days 387,970
Beta 0.989
Bid 0.0
Bid Size 500
Board Risk 1
Book Value 33.357
City Largo
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 39.68
Current Ratio 2.136
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 40.29
Day Low 38.4401
Debt To Equity 85.905
Display Name CONMED
Dividend Date 1,759,449,600
Dividend Rate 0.8
Dividend Yield 2.02
Earnings Call Timestamp End 1,777,494,600
Earnings Call Timestamp Start 1,777,494,600
Earnings Growth -0.5
Earnings Quarterly Growth -0.504
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda 201,654,000
Ebitda Margins 0.14669
Enterprise To Ebitda 10.266
Enterprise To Revenue 1.506
Enterprise Value 2,070,143,744
Eps Current Year 4.35489
Eps Forward 4.92638
Eps Trailing Twelve Months 1.51
Esg Populated 0
Ex Dividend Date 1,757,894,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 39.5874
Fifty Day Average Change 0.092601776
Fifty Day Average Change Percent 0.002339173
Fifty Two Week Change Percent -17.367762
Fifty Two Week High 61.08
Fifty Two Week High Change -21.400002
Fifty Two Week High Change Percent -0.35036018
Fifty Two Week Low 33.21
Fifty Two Week Low Change 6.470001
Fifty Two Week Low Change Percent 0.19482088
Fifty Two Week Range 33.21 - 61.08
Financial Currency USD
First Trade Date Milliseconds 554,045,400,000
Five Year Avg Dividend Yield 1.0
Float Shares 30,544,317
Forward Eps 4.92638
Forward P E 8.054596
Free Cashflow 169,272,752
Full Exchange Name NYSE
Full Time Employees 3,900
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.53871
Gross Profits 740,574,976
Has Pre Post Market Data 1
Held Percent Insiders 0.00412
Held Percent Institutions 1.1572
Implied Shares Outstanding 30,833,536
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,757,894,400
Last Dividend Value 0.2
Last Fiscal Year End 1,767,139,200
Last Split Date 1,000,080,000
Last Split Factor 3:2
Long Business Summary CONMED Corporation, a medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures. The company offers orthopedic surgery products, including BioBrace, TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide clinical solutions to orthopedic surgeons for the augmentation and repair of soft tissue injuries, as well as supporting products include powered resection instruments , fluid management, and visualization systems and the related single-use products that enable surgeons to perform minimally invasive sports medicine surgeries. It also provides battery-powered, autoclavable, large, and small bone power tool systems for use in orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries under the Hall surgical brand name. In addition, the company offers general surgery products, such as clinical insufflation systems under the AirSeal brand; smoke removal devices under the Buffalo Filter brand; endomechanical products, including the Anchor1 line of tissue retrieval bags, trocars, suction irrigation devices, graspers, scissors, and dissectors, used in minimally invasive surgeries; and electrosurgical solution comprise monopolar and bipolar generators, argon beam coagulation generators, handpieces, smoke management systems, and other accessories. Further, it provides endoscopic technologies, including therapeutic and diagnostic products for use in gastroenterology procedures, and products to treat diseases of dilation, hemostasis, biliary, stricture management, infection prevention, and patient monitoring include ECG electrodes, EEG electrodes, and cardiac defibrillation pads. It markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. The company was incorporated in 1970 and is headquartered in Largo, Florida.
Long Name CONMED Corporation
Market us_market
Market Cap 1,223,474,688
Market State PRE
Max Age 86,400
Message Board Id finmb_263232
Most Recent Quarter 1,767,139,200
Net Income To Common 47,055,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,196,102,254
Number Of Analyst Opinions 5
Open 38.76
Operating Cashflow 170,688,992
Operating Margins 0.07254
Overall Risk 1
Payout Ratio 0.39740002
Peg Ratio 1.84
Phone 727 392 6464
Previous Close 39.08
Price Eps Current Year 9.111597
Price Hint 2
Price To Book 1.1895555
Price To Sales Trailing12 Months 0.8899784
Profit Margins 0.03423
Quick Ratio 0.916
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.599998
Regular Market Change Percent 1.53531
Regular Market Day High 40.29
Regular Market Day Low 38.4401
Regular Market Day Range 38.4401 - 40.29
Regular Market Open 38.76
Regular Market Previous Close 39.08
Regular Market Price 39.68
Regular Market Time 1,776,715,202
Regular Market Volume 409,628
Return On Assets 0.0347
Return On Equity 0.04715
Revenue Growth 0.079
Revenue Per Share 44.294
Sand P52 Week Change 0.34445214
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 3
Shares Outstanding 30,143,706
Shares Percent Shares Out 0.074
Shares Short 2,230,689
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,415,721
Short Name CONMED Corporation
Short Percent Of Float 0.0879
Short Ratio 5.21
Source Interval 15
State FL
Symbol CNMD
Target High Price 52.0
Target Low Price 39.0
Target Mean Price 44.2
Target Median Price 43.0
Total Cash 40,817,000
Total Cash Per Share 1.324
Total Debt 887,486,016
Total Revenue 1,374,723,968
Tradeable 0
Trailing Annual Dividend Rate 0.6
Trailing Annual Dividend Yield 0.015353122
Trailing Eps 1.51
Trailing P E 26.278147
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 44.79655
Two Hundred Day Average Change -5.1165504
Two Hundred Day Average Change Percent -0.11421751
Type Disp Equity
Volume 409,628
Website https://www.conmed.com
Zip 33,773