B. Riley Has Negative Outlook for Magnite Q4 Earnings

Magnite, Inc. (NASDAQ:MGNI - Free Report) - Investment analysts at B. Riley reduced their Q4 2025 earnings per share (EPS) estimates for Magnite in a report released on Wednesday, February 26th. B. Riley analyst Z. Cummins now anticipates that the company will earn $0.33 per share for the quarter, down from their previous forecast of $0.35. The consensus estimate for Magnite's current full-year earnings is $0.33 per share.

Magnite (NASDAQ:MGNI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.14). Magnite had a return on equity of 4.64% and a net margin of 2.62%. The firm had revenue of $180.20 million for the quarter, compared to the consensus estimate of $183.90 million.

A number of other analysts also recently weighed in on MGNI. Macquarie restated an "outperform" rating and issued a $18.00 price objective on shares of Magnite in a report on Friday, November 8th. Susquehanna lifted their price objective on Magnite from $16.00 to $22.00 and gave the stock a "positive" rating in a research note on Thursday, February 27th. Scotiabank initiated coverage on shares of Magnite in a report on Thursday, December 5th. They set a "sector outperform" rating and a $22.00 price target for the company. Wolfe Research upped their price objective on shares of Magnite from $14.00 to $19.00 and gave the company an "outperform" rating in a research note on Friday, January 3rd. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price target on shares of Magnite in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $19.27.

Remove Ads

Magnite Trading Down 3.7 %

Shares of Magnite stock traded down $0.50 on Monday, hitting $13.13. The stock had a trading volume of 1,747,423 shares, compared to its average volume of 2,520,203. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.11 and a current ratio of 1.11. Magnite has a twelve month low of $8.38 and a twelve month high of $21.29. The stock has a 50 day moving average of $17.14 and a 200 day moving average of $15.26. The firm has a market capitalization of $1.88 billion, a P/E ratio of 218.50, a PEG ratio of 1.00 and a beta of 2.79.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MGNI. SBI Securities Co. Ltd. bought a new position in shares of Magnite during the fourth quarter valued at approximately $25,000. Larson Financial Group LLC grew its holdings in shares of Magnite by 179.2% during the 4th quarter. Larson Financial Group LLC now owns 3,647 shares of the company's stock worth $58,000 after acquiring an additional 2,341 shares during the period. Quantbot Technologies LP purchased a new position in shares of Magnite in the 4th quarter valued at approximately $87,000. Quarry LP grew its stake in shares of Magnite by 446.8% in the 3rd quarter. Quarry LP now owns 5,517 shares of the company's stock worth $76,000 after buying an additional 4,508 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in Magnite by 20.6% during the fourth quarter. Jones Financial Companies Lllp now owns 5,853 shares of the company's stock valued at $93,000 after buying an additional 1,000 shares during the last quarter. 73.40% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Magnite

In other Magnite news, CAO Brian Gephart sold 6,250 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $16.00, for a total transaction of $100,000.00. Following the completion of the transaction, the chief accounting officer now owns 132,909 shares in the company, valued at $2,126,544. This trade represents a 4.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO David Day sold 11,644 shares of the company's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $16.44, for a total transaction of $191,427.36. Following the sale, the chief financial officer now owns 400,859 shares in the company, valued at $6,590,121.96. The trade was a 2.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 271,863 shares of company stock valued at $5,169,262. Company insiders own 4.30% of the company's stock.

About Magnite

Magnite, Inc, together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.