$10.66 -0.14 (-1.25%)
11/6/2009 4:00 PM

Calamos Asset Management, Inc. (CLMS)

CAPS Rating: 3 out of 5

The Company provides investment advisory services to individuals, to institutional investors and to a family of open-end and closed-end funds.

Current Price $10.66 Mkt Cap $209.16M
Open $10.68 P/E Ratio 11.27
Prev. Close $10.80 Div. (Yield) 0.22 (2.00%)
Daily Range $10.50 - $10.90 Volume 184,953
52-Wk Range $2.55 - $15.47 Avg. Daily Vol. 164,000

CLMS News and Commentary

Caps

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All Members

50 Outperform
7 Underperform
 

All-Star Members

26 Outperform
3 Underperform
 

Wall Street

1 Outperform
1 Underperform
 

Top CLMS Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

mrindependent (98.79)
Submitted September 09, 2009

Calamos Asset Management has recently been underperforming the market and I believe it is due for a price spike. the current price of $11 is $3 above book value. Unlike most companies, the book value of Calamos consists almost entirely of cash and… More

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CLMS VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from members about CLMS.

Recs

0
Member Avatar WPThatcher (69.32) Submitted: 10/4/2009 8:55:17 AM : Outperform Start Price: $12.49 CLMS Score: -18.76

The asset management business is one of the best around. It enjoys significant economies of scale and repeat fee income. This is a wager that once the economy emerges, asset managers will benefit.

Recs

2
Member Avatar mrindependent (98.79) Submitted: 9/9/2009 12:21:45 PM : Outperform Start Price: $11.43 CLMS Score: -10.38

Calamos Asset Management has recently been underperforming the market and I believe it is due for a price spike. the current price of $11 is $3 above book value. Unlike most companies, the book value of Calamos consists almost entirely of cash and investments that are not necessary to the company's core business, which is investment advisory services for mutual funds and other clients. The substantial liquid assets provide significant downside price protection. The upside is substantial. Calamos typically trades for 3 times book value. Another important point is that Calamos is a very high quality asset manager. The performance of Calamos funds has been outstanding over the last ten years. I am encouraed by the fact that many of the largest money management companies are significant investors in Calamos. On the downside, Calamos missed its recent earnings estimates and its Stockscouter rating is a lowly 4.

Recs

0
Member Avatar Actionman2go (< 20) Submitted: 12/13/2007 4:23:54 PM : Outperform Start Price: $27.37 CLMS Score: -36.92

Based on insider trading and earnings estimates

Leaderboard

Find the members with the highest scoring picks in CLMS.

Score Leader

thehammer03

thehammer03 (99.82) Score: +134.31

The Score Leader is the member with the highest score across all their picks in CLMS.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
BfloBull 96.27 2/17/2009 Outperform 5Y $4.42 +141.28% +36.03% +105.25
HummaKavula 99.75 4/20/2009 Outperform NS $6.67 +59.90% +26.54% +33.35
MrGreenGenes < 20 5/15/2009 Underperform 3M $12.08 -11.72% +21.14% +32.87
BetterMoney77 < 20 12/12/2007 Underperform NS $25.73 -58.57% -25.70% +32.87
SilverbackCap 95.30 11/6/2008 Outperform 5Y $7.06 +51.05% +19.20% +31.85
DRKKNITE1212 < 20 9/10/2008 Underperform 3M $18.41 -42.08% -10.59% +31.49
2PPLAY < 20 7/9/2007 Underperform 1Y $25.14 -57.59% -26.37% +31.22
4st4 89.94 1/9/2009 Outperform NS $7.24 +47.16% +19.60% +27.56
bankswillfail 98.14 10/6/2009 Underperform 5Y $13.18 -19.12% +2.25% +21.37
peaksanddips 99.71 10/13/2008 Outperform NS $9.80 +8.77% +16.34% -7.57

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackCreditSuiss 91.16 6/6/2008 Underperform NS $20.75 -48.63% -20.87% +27.76
TrackJohnKeeley < 20 3/31/2008 Outperform NS $15.66 -31.94% -14.91% -17.03 1 Comment
TrackCreditSuiss 91.16 9/14/2007 Outperform NS $24.40 +23.36% +5.46% +17.90 10/15/2007 @ $30.10

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