Revenue N/A
EBITDA N/A
Income -$91.19
Revenue Q/Q 5.85%
Revenue Y/Y 56.06%
P/E 0.00
Forward P/E N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
PEG N/A
Price/Sales 1.30
P/FCF N/A
Price/Book 0.41
Book/Share 18.12
Cash/Share N/A
FCF yield -143.53%
Employees 0
RPE N/A
Volume 205.265k / N/A
Relative vol. N/A
EPS N/A
EPS Q/Q N/A
Est. EPS Q/Q N/A
Ret. on assets -34.94%
Ret. on equity -143.38%
ROIC -67.05%
ROCE -75.39%
Volatility 13.93%
Beta 1.18
RSI 11.00
Range $6.50 – $14.67
52 weeks $6.40 – $18.08
SMA 50 $16 -119.22%
SMA 200 $15 -104.83%

Recent Fortress Biotech Inc news

Saturday, 17 February 2024
 
yahoo
Insider Stock Buying Reaches US$3.06m On Fortress Biotech
Wednesday, 5 July 2023
 
google
Fortress Biotech, Inc.'s Shift From Loss To Profit
Thursday, 6 October 2022
 
markets.businessinsider
Fortress Bio’s Portfolio Of Marketed Drugs Could Soon See Three Additions
Thursday, 12 May 2022
 
yahoo
Fortress Biotech Reports First Quarter 2022 Financial Results and Recent Corporate Highlights - Yahoo Finance
Thursday, 7 April 2022
 
yahoo
Fortress Biotech to Present at the 21st Annual Needham Virtual Healthcare Conference - Yahoo Finance
Monday, 4 April 2022
 
yahoo
Mustang Bio to Present at the Virtual Fortress Biotech R&D Summit Hosted by B. Riley Securities - Yahoo Finance
Wednesday, 30 March 2022
 
yahoo
Shareholders in Fortress Biotech are in the red if they invested a year ago
Monday, 28 March 2022
 
yahoo
Fortress Biotech Reports Record 2021 Financial Results and Recent Corporate Highlights - Yahoo Finance
Wednesday, 13 October 2021
 
yahoo
Fortress Biotech and Cyprium Therapeutics Announce Positive Clinical Data for CUTX-101, Copper Histidinate, Presented at 2021 American Academy of Pediatrics National Conference & Exhibition - Yahoo Finance
Monday, 13 September 2021
 
nasdaq
What Kind Of Investors Own Most Of Fortress Biotech, Inc. ?
Monday, 28 June 2021
 
yahoo
Hedge Funds Are Selling Fortress Biotech Inc
Tuesday, 20 April 2021
 
yahoo
NOTICE For Investors In NASDAQ: FBIO Shareholder Notice: Lawsuit against Fortress Biotech, Inc announced by Shareholders Foundation
Tuesday, 13 April 2021
 
fool
Why Fortress Biotech Stock Is Sinking Today
Monday, 12 April 2021
 
yahoo
Fortress Biotech Surges 11.5%: Is This an Indication of Further Gains?
Monday, 8 March 2021
 
yahoo
Will Fortress Biotech Report Negative Q4 Earnings? What You Should Know
Friday, 26 February 2021
 
yahoo
Fortress Biotech Joins Global Movement to Raise Awareness for Rare Diseases and Supports Rare Disease Day® - Yahoo Finance Australia
Tuesday, 26 January 2021
 
yahoo
DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Fortress Biotech, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
Monday, 25 January 2021
 
yahoo
FBIO Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Fortress Biotech, Inc. Investors of Class Action and Lead Plaintiff Deadline: January 26, 2021
marketwatch
DEADLINE TOMORROW: The Schall Law Firm Announces it is Investigating Claims Against Fortress Biotech, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
yahoo
FBIO Final Deadline Tomorrow: Rosen, National Trial Lawyers, Reminds Fortress Biotech, Inc. Investors of Important January 26 Deadline in Securities Class Action - FBIO
Saturday, 23 January 2021
 
yahoo
FBIO FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Reminds Fortress Biotech, Inc. Investors of Important Tuesday Deadline in Securities Class Action - FBIO
Friday, 22 January 2021
 
marketwatch
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Fortress Biotech, Inc.
bloomberg
INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Fortress Biotech, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Monday, 18 January 2021
 
yahoo
Rosen, Leading Trial Attorneys, Reminds Fortress Biotech, Inc. Investors of Important January 26 Deadline in Securities Class Action - FBIO
Monday, 11 January 2021
 
yahoo
ROSEN, TRUSTED INVESTOR COUNSEL, Reminds Fortress Biotech, Inc. Investors of Important January 26 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - FBIO
Saturday, 9 January 2021
 
prnewswire
ROSEN, A LEADING AND LONGSTANDING LAW FIRM, Reminds Fortress Biotech, Inc. Investors of Important January 26 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - FBIO
Tuesday, 5 January 2021
 
yahoo
Fortress Biotech to Participate in Three January 2021 Virtual Investor Conferences - Yahoo Finance
Monday, 4 January 2021
 
yahoo
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Fortress Biotech, Inc. of Class Action Lawsuit and Upcoming Deadline - FBIO
8-K 5 Jul 2024 Other Events; Financial Statements and Exhibits
8-K 28 Jun 2024 Unregistered Sales of Equity Securities
8-K 25 Jun 2024 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Financial Statements and Exhibits
8-K 29 May 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
10-Q 15 May 2024 Quarterly report
8-K 15 May 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
10-K 28 Mar 2024 Yearly report
8-K 28 Mar 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 26 Jan 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
8-K 3 Jan 2024 Entry into a Material Definitive Agreement; Other Events; Financial Statements and Exhibits
8-K 14 Nov 2023 Results of Operations and Financial Condition; Financial Statements and Exhibits
Insider
Trans.
Transaction
Price per share Total value
George Avgerinos SVP and Biologics Operations Sale 11 Dec 2018 $1.05 $102,191
Robyn Hunter Chief Financial Officer Sale 23 Nov 2018 $1.29 $26,277
George Avgerinos SVP and Biologics Operations Sale 14 Dec 2017 $3.55 $42,600
George Avgerinos SVP and Biologics Operations Sale 29 Nov 2017 $3.58 $159,643
Lindsay A Md Rosenwald President, CEO, and Chairman Buy 6 Nov 2017 $25.00 $1,000,000
Lindsay A Md Rosenwald President, CEO, and Chairman Buy 1 Dec 2016 $2.03 $1,484
George Avgerinos SVP and Biologics Operations Sale 15 Sep 2016 $2.55 $124,726
Lindsay A Md Rosenwald President, CEO, and Chairman Buy 1 Jun 2016 $2.40 $1,471
Lindsay A Md Rosenwald President, CEO, and Chairman Buy 1 Dec 2015 $2.41 $1,412
Lindsay A Md Rosenwald President, CEO, and Chairman Buy 1 Jun 2015 $1.80 $1,413

Dividends

Ex-dividend date N/A Frequency Monthly Annual dividend -0.00%
Next dividend N/A Dividend yield 14.38% Growth period N/A
Last dividend date Yield 3 years 15.80% Growth 3 years -0.00%
Last dividend Yield 5 years 13.56% Growth 5 years -0.00%

Fortress Biotech Inc dividend history

Fortress Biotech Inc executives

Insider Age Since Compensation
Robyn Hunter (58) Chief Financial Officer, Treasurer, and Secretary since 2017 58 2017 $1,798,070
Michael Weiss (54) Executive Vice Chairman - Strategic Development and Director since 2014 54 2014 $1,090,020
Lindsay Rosenwald (65) Executive Chairman of the Board, President, and Chief Executive Officer since 2013 65 2013 $1,090,020
Robyn M. Hunter (59) CFO, Treasurer, and Corp. Sec. 59 $583,105
Dr. Lindsay Allan Rosenwald (66) Exec. Chairman, Pres, and CEO 66 $576,654
Michael S. Weiss Esq. (55) Vice Chairman and Exec. Vice Chairman of Strategic Devel. 55 $576,626
George Avgerinos (67) Senior Vice President - Biologics Operations since 2013 67 2013 $386,347
Eric Rowinsky 2015 $278,500
J. Jay Lobell (57) Independent Director since 2006 57 2006 $153,500
Dov Klein (68) Independent Director since 2015 68 2015 $146,000
Jimmie Harvey (68) Independent Director since 2008 68 2008 $133,500
Malcolm Hoenlein (76) Independent Director since 2014 76 2014 $78,000
Kevin Lorenz (55) Independent Director since 2019 55 2019 $70,950
Jaclyn Jaffe 2017
Dr. Thomas F. Schaible

fortress biotech, inc. is a biopharmaceutical company dedicated to acquiring, developing and commercializing novel pharmaceutical and biotechnology products. fortress plans to develop and commercialize products that it acquires both directly as well as indirectly by establishing subsidiary companies, also known as fortress companies. the company will leverage its biopharmaceutical business expertise and drug development capabilities to help the fortress companies achieve their goals. additionally, the company will provide funding and management services to each of the fortress companies and from time to time the company and the fortress companies will seek licensing, partnerships, joint ventures, and/or public and private financings to accelerate and provide additional funding to support their research and development programs.

  • Health Care > Biotechnology
  • Fortress Biotech Inc, 2 Gansevoort Street, New York 10014, United States
  • 781 652 4500
  • Investor relations

Dividends

Ex-dividend date N/A Frequency Monthly Annual dividend -0.00%
Next dividend N/A Dividend yield 14.38% Growth period N/A
Last dividend date Yield 3 years 15.80% Growth 3 years -0.00%
Last dividend Yield 5 years 13.56% Growth 5 years -0.00%

Fortress Biotech Inc dividend history

Profit margin

Debt to assets

Cash flow

(in millions USD) 29 Jun 2022 30 Mar 2022 30 Dec 2021 29 Sep 2021
Current assets
Cash $248.771 $287.511 $305.744 $252.721
Short term investments
Net receivables $29.047 $31.814 $23.79 $32.685
Inventory $16.053 $16.137 $9.862 $11.614
Total current assets $298.991 $341.186 $346.462 $301.187
Long term investments $56.86
Property, plant & equipment $32.137 $32.995 $34.071 $33.39
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $363.955 $407.93 $396.503 $407.833
Current liabilities
Accounts payable $53.939 $44.532 $47.429 $42.781
Deferred revenue
Short long term debt $7.487 $7.363 $4.51 $14.883
Total current liabilities $104.921 $103.14 $101.042 $103.213
Long term debt $89.419 $88.772 $46.564 $64.186
Total noncurrent liabilities
Total debt
Total liabilities $216.253 $214.352 $170.626 $195.365
Stockholders' equity
Retained earnings -$584.579 -$563.223 -$547.463 -$515.898
Other stockholder equity $0.365
Total stockholder equity $77.22 $97.856 $108.671 $92.655
(in millions USD) 2021 2020 2019
Current assets
Cash $305.744 $233.351 $136.858
Short term investments
Net receivables $23.79 $24.672 $14.404
Inventory $9.862 $1.404 $0.857
Total current assets $346.462 $266.15 $156.252
Long term investments $17.566 $11.148
Property, plant & equipment $34.071 $32.41 $33.913
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $396.503 $333.413 $226.422
Current liabilities
Accounts payable $47.429 $11.412 $10.052
Deferred revenue
Short long term debt $4.51 $4.522 $7.22
Total current liabilities $101.042 $51.76 $45.616
Long term debt $46.564 $59.814 $82.426
Total noncurrent liabilities
Total debt
Total liabilities $170.626 $136.414 $153.89
Stockholders' equity
Retained earnings -$547.463 -$482.76 -$436.234
Other stockholder equity $0.5
Total stockholder equity $108.671 $100.335 $26.214

Income statement

(in millions USD) 29 Jun 2022 30 Mar 2022 30 Dec 2021 29 Sep 2021
Revenue
Total revenue $18.886 $23.925 $18.276 $21.085
Cost of revenue $8.785 $44.925 $50.279 $36.247
Gross profit $10.101 -$21 -$32.003 -$15.162
Operating activities
Research & development $31.979 $31.979 $31.979 $31.979
Selling, general & administrative $29.048 $26.27 $27.698 $22.221
Total operating expenses $69.812 $71.195 $77.977 $58.468
Operating income -$50.926 -$47.27 -$59.701 -$37.383
Income from continuing operations
EBIT -$50.926 -$47.27 -$59.701 -$37.383
Income tax expense $0.473
Interest expense -$3.154 -$2.35 -$5.915 -$4.444
Net income
Net income -$21.356 -$15.76 -$31.565 -$20.781
Income (for common shares) -$21.356 -$15.76 -$31.565 -$20.781
(in millions USD) 2021 2020 2019
Revenue
Total revenue $68.791 $45.599 $36.629
Cost of revenue $154.449 $78.703 $10.532
Gross profit -$85.658 -$33.104 $26.097
Operating activities
Research & development $81.326
Selling, general & administrative $86.843 $61.166 $55.59
Total operating expenses $241.292 $139.869 $147.448
Operating income -$172.501 -$94.27 -$110.819
Income from continuing operations
EBIT -$172.501 -$94.27 -$110.819
Income tax expense $0.473 $0.136
Interest expense -$15.308 -$15.326 -$11.849
Net income
Net income -$64.703 -$46.526 -$39.96
Income (for common shares) -$64.703 -$46.526 -$39.96
(in millions USD) 29 Jun 2022 30 Mar 2022 30 Dec 2021 29 Sep 2021
Net income -$21.356 -$15.76 -$31.565 -$20.781
Operating activities
Depreciation $2.222 $2.196 $1.681 $1.736
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$41.424 -$46.86 -$38.696 -$21.696
Investing activities
Capital expenditures -$0.307 -$1.337 -$1.957 -$0.461
Investments
Total cash flows from investing -$0.307 -$21.337 $53.353 -$7.541
Financing activities
Dividends paid -$2.008 -$2.008 -$2.008 -$2.008
Sale and purchase of stock
Net borrowings -$2.888 $42.188 -$9.638 -$2.5
Total cash flows from financing $2.991 $49.964 $38.941 $6.966
Effect of exchange rate
Change in cash and equivalents -$38.74 -$18.233 $53.598 -$22.271
(in millions USD) 2021 2020 2019
Net income -$64.703 -$46.526 -$39.96
Operating activities
Depreciation $6.791 $5.325 $4.654
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$116.54 -$83.682 -$94.961
Investing activities
Capital expenditures -$4.566 -$1.926 -$2.345
Investments $17.604
Total cash flows from investing $40.514 -$7.164 $20.097
Financing activities
Dividends paid -$8.031 -$6.515 -$2.559
Sale and purchase of stock
Net borrowings -$14.938 -$30.171 $15
Total cash flows from financing $148.994 $172.41 $146.714
Effect of exchange rate
Change in cash and equivalents $72.968 $81.564 $71.85

Recent institutional transactions

Quarter Shareholder Change
Shares owned
Shares
Value (in thousands USD)
2024 Q1 Northern Trust Corp
+361.51%
46,202 $92,404
2024 Q1 Gladstone Institutional Advisory
Opened
11,500 $23,000
2024 Q1 Royal Bank Of Canada
-99.82%
19 $0
2023 Q4 B. Riley Wealth Advisors
Opened
85,975 $258,785
2023 Q4 Wealth Management Partners
Sold out
20,000 $60,200
2023 Q4 Simplex Trading
Sold out
1,762 $5
2023 Q3 Perkins Capital Management Inc
Sold out
1,406,513 $408
2023 Q3 Platform Technology Partners
Opened
30,000 $8,709
2023 Q3 Creative Planning
Sold out
15,900 $4,616
2023 Q3 Black Maple Capital Management L.P.
Opened
15,000 $4,355

Institutional shareholders

Shareholder Stake
Shares owned
Shares
Value (in thousands USD)
Vanguard Group Inc 153.44% 5,258,555
Perkins Capital Management Inc 41.04% 1,406,513
Acadian Asset Management 31.38% 1,075,531
Millennium Management 9.26% 317,239
Kestra Advisory Services 4.54% 155,650
B. Riley Wealth Advisors 2.51% 85,975
Fmr 2.45% 84,015
Virtu Kcg 1.48% 50,831
Northern Trust Corp 1.35% 46,202
Planning Solutions 1.34% 46,000