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Coronation Fund Managers Ld (JSE: CML) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

Coronation Fund Managers Ld is a South Africa-based investment-led, owner-managed company with a long-term valuation-driven investment approach listed on the Johannesburg Stock Exchange (JSE) that provides asset management services through segregated and pooled investment means.

TheInvestors have seen Coronation Fund Managers Ld shares perform not very well historically, and it doesn’t remain a steady investment. Coronation Fund Managers Ld stock is live on the JSE under the stock symbol of CML and is available to trade via various brokers in South Africa.

What is Coronation Fund Managers Ld

Clients of the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers.

The history of Coronation Fund Managers Ld can be traced back to 1993 when it was founded in Cape Town.

OPEN DEMO TRADING ACCOUNT YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
Coronation Fund Managers Ld

Today, Coronation Fund Managers Ld has a diversified portfolio of products and services in more sectors of the financial value chain and provides the following products: Institutional segregated and pooled products across asset classes and geographies, retail unit trust products, retirement products, hedge funds.

Coronation Fund Managers Ld focuses on Institutional and Retail client markets and manages institutional assets in South Africa with a product offering that covers all asset classes across a number of geographies in both segregated and pooled mandates.

Institutional clients include pension and provident funds, medical schemes, and banking and insurance groups. It also manages assets for international retirement funds, endowments and family offices.

Coronation Fund Managers Ld's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol CML.

Coronation Fund Managers Ld has its headquarters at 7th Floor, MontClare Place, Cnr Campground and Main Roads, Claremont, Cape Town.

Coronation Fund Managers Ld currently serves clients in areas including London, Dublin, Johannesburg, South Africa, Durban and Pretoria.

The current CEO of Coronation Fund Managers Ld is Anton Pillay.

Coronation Fund Managers Ld forms part of the Financial Services Industry and the Financials Sector of the Johannesburg Stock Exchange (JSE).

Coronation Fund Managers Ld

Coronation Fund Managers Ld Stock Performance

The current price for Coronation Fund Managers Ld stocks on the Johannesburg Stock Exchange (JSE) is 51.50 ZAR.

CML stocks closed a recent trading day (19 October 2021) at 50.76 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 1.2 % drop from its previous closing price of 51.40 ZAR.

An analysis of financial data of Coronation Fund Managers Ld showed that the company has a total market capitalisation of 17.8 Billion ZAR, with a Price/Earning ratio of 10.66 and earnings per share of 4.76 ZAR. The dividend per share of CML was 4.49 ZAR and its dividend yield was 8.85%. A total of 350 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Coronation Fund Managers Ld stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Coronation Fund Managers Ld, analysts forecast further improved performance for the financial sector with market share growing as trading volumes increase.

Highlights of Coronation Fund Managers Ld in 2021

Coronation Fund Managers Ld started the current financial year (2021) with a share price of 43.17 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 17.6 % in value on its price valuation, ranking 198th on the JSE where its year-to-date performance is concerned.

Coronation Fund Managers Ld is currently the 151st most-traded stock on the JSE and it has experienced a total trading volume of more than 22.2 million shares, which were finalised in 43,599 deals and were valued at a total of 1.1 billion ZAR over the recent three month period from 22 July to 17 October 2021, with an average of 351,902 shares in each trading session.

During the same period a volume high of 2.5 million was achieved on 21 July and a low of 58,918 on 12 August.

How to buy Coronation Fund Managers Ld stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Coronation Fund Managers Ld stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “CML”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.