NASDAQ:SDIG Stronghold Digital Mining (SDIG) Stock Price, News & Analysis $3.99 -0.29 (-6.78%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$3.90▼$4.3650-Day Range$2.26▼$5.4252-Week Range$1.65▼$11.56Volume866,666 shsAverage Volume3.76 million shsMarket Capitalization$67.39 millionP/E RatioN/ADividend YieldN/APrice Target$6.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Stronghold Digital Mining alerts: Email Address Stronghold Digital Mining MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside54.6% Upside$6.17 Price TargetShort InterestBearish11.83% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.11Based on 4 Articles This WeekInsider TradingSelling Shares$79,746 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($2.07) to ($0.60) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.88 out of 5 starsFinance Sector654th out of 871 stocksNondepository Credit Institutions Industry35th out of 48 stocks 3.2 Analyst's Opinion Consensus RatingStronghold Digital Mining has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageStronghold Digital Mining has only been the subject of 2 research reports in the past 90 days.Read more about Stronghold Digital Mining's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.83% of the float of Stronghold Digital Mining has been sold short.Short Interest Ratio / Days to CoverStronghold Digital Mining has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Stronghold Digital Mining has recently increased by 146.41%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldStronghold Digital Mining does not currently pay a dividend.Dividend GrowthStronghold Digital Mining does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SDIG. Previous Next 2.3 News and Social Media Coverage News SentimentStronghold Digital Mining has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Stronghold Digital Mining this week, compared to 1 article on an average week.Search Interest9 people have searched for SDIG on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Stronghold Digital Mining insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $79,746.00 in company stock.Percentage Held by Insiders47.55% of the stock of Stronghold Digital Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.33% of the stock of Stronghold Digital Mining is held by institutions.Read more about Stronghold Digital Mining's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Stronghold Digital Mining are expected to grow in the coming year, from ($2.07) to ($0.60) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Stronghold Digital Mining is -0.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Stronghold Digital Mining is -0.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioStronghold Digital Mining has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Stronghold Digital Mining's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Stronghold Digital Mining Stock (NASDAQ:SDIG)Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York.Read More SDIG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SDIG Stock News HeadlinesSeptember 5 at 4:55 PM | globenewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. – SDIGSeptember 5 at 12:15 PM | markets.businessinsider.comStronghold Provides August 2024 Bitcoin Mining and Operational UpdateSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.September 4 at 6:55 PM | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. - SDIGSeptember 2, 2024 | americanbankingnews.comPerella Weinberg Partners (NASDAQ:PWP) and Stronghold Digital Mining (NASDAQ:SDIG) Critical AnalysisAugust 28, 2024 | americanbankingnews.comStronghold Digital Mining (NASDAQ:SDIG) Receives Neutral Rating from HC WainwrightAugust 28, 2024 | americanbankingnews.comStronghold Digital Mining (NASDAQ:SDIG) PT Raised to $6.00August 27, 2024 | msn.comBitcoin Mining Sector Is in a Consolidation Phase: Architect PartnersSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.August 22, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Stronghold Digital Mining (SDIG) and Swiss Re AG (OtherSSREF)August 22, 2024 | markets.businessinsider.comH.C. Wainwright downgrades Stronghold Digital Mining (SDIG) to a HoldAugust 21, 2024 | marketwatch.comBitfarms Shares Down on $125M Acquisition of Stronghold DigitalAugust 21, 2024 | globenewswire.comBitfarms to Acquire Stronghold Digital MiningAugust 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for Stronghold Digital Mining Amid Expansion Potential and Strategic Asset ValueAugust 14, 2024 | markets.businessinsider.comStronghold Reports Second Quarter 2024 Operating and Financial ResultsAugust 14, 2024 | investorplace.comSDIG Stock Earnings: Stronghold Digital Mining Misses EPS, Misses Revenue for Q2 2024August 12, 2024 | globenewswire.comStronghold Digital Mining Sets Second Quarter 2024 Earnings Conference Call for Wednesday, August 14 at 11:00 a.m. Eastern TimeJuly 5, 2024 | globenewswire.comStronghold Provides June 2024 Bitcoin Mining and Operational UpdateSee More Headlines Receive SDIG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Stronghold Digital Mining and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/14/2024Today9/07/2024Next Earnings (Estimated)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNASDAQ:SDIG CUSIPN/A CIK1856028 Webwww.strongholddigitalmining.com Phone845-579-5992FaxN/AEmployees20Year FoundedN/APrice Target and Rating Average Stock Price Target$6.17 High Stock Price Target$8.50 Low Stock Price Target$4.00 Potential Upside/Downside+54.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.72) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-71,400,000.00 Net Margins-7.61% Pretax Margin-68.41% Return on Equity40.15% Return on Assets12.99% Debt Debt-to-Equity Ratio0.92 Current Ratio0.34 Quick Ratio0.24 Sales & Book Value Annual Sales$86.09 million Price / Sales0.71 Cash Flow$1.93 per share Price / Cash Flow2.07 Book Value$3.90 per share Price / Book1.02Miscellaneous Outstanding Shares15,371,000Free Float8,062,000Market Cap$61.33 million OptionableOptionable Beta2.90 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Gregory A. Beard (Age 52)Chairman, CEO & President Comp: $493.62kMr. Matthew Jared Smith (Age 45)CFO & Director Comp: $677.15kMr. Charles D. TalcottDirector of Finance & OperationsRobert G. Lovett Jr.Vice President of Legal & ComplianceKey CompetitorsWiMi Hologram CloudNASDAQ:WIMIAurora MobileNASDAQ:JGAlpine 4NASDAQ:ALPPQuarterhillNASDAQ:QTRHInnerWorkingsNASDAQ:INWKView All CompetitorsInsiders & InstitutionsArmistice Capital LLCSold 84,022 shares on 8/15/2024Ownership: 5.959%Thomist Capital Management LPBought 118,856 shares on 8/12/2024Ownership: 0.773%XTX Topco LtdBought 30,337 shares on 8/12/2024Ownership: 0.197%Matthew J SmithSold 162 sharesTotal: $400.14 ($2.47/share)Richard J ShafferSold 51 sharesTotal: $123.93 ($2.43/share)View All Insider TransactionsView All Institutional Transactions SDIG Stock Analysis - Frequently Asked Questions How have SDIG shares performed this year? Stronghold Digital Mining's stock was trading at $7.30 at the beginning of 2024. Since then, SDIG stock has decreased by 45.3% and is now trading at $3.99. View the best growth stocks for 2024 here. How were Stronghold Digital Mining's earnings last quarter? Stronghold Digital Mining, Inc. (NASDAQ:SDIG) posted its quarterly earnings results on Wednesday, August, 14th. The company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.33. The company earned $19.10 million during the quarter, compared to the consensus estimate of $20.15 million. Stronghold Digital Mining had a negative net margin of 7.61% and a positive trailing twelve-month return on equity of 40.15%. When did Stronghold Digital Mining's stock split? Stronghold Digital Mining's stock reverse split on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. When did Stronghold Digital Mining IPO? Stronghold Digital Mining (SDIG) raised $114 million in an IPO on Wednesday, October 20th 2021. The company issued 6,687,305 shares at a price of $16.00-$18.00 per share. Who are Stronghold Digital Mining's major shareholders? Stronghold Digital Mining's top institutional shareholders include Armistice Capital LLC (5.96%), Thomist Capital Management LP (0.77%), XTX Topco Ltd (0.20%) and Western Wealth Management LLC (0.09%). Insiders that own company stock include Gregory A Beard, William B Spence, Matthew J Smith, Ryan M Weber and Richard J Shaffer. View institutional ownership trends. How do I buy shares of Stronghold Digital Mining? Shares of SDIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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