B. Riley Issues Pessimistic Estimate for MARA Earnings

MARA Holdings, Inc. (NASDAQ:MARA - Free Report) - B. Riley cut their FY2025 earnings estimates for shares of MARA in a report released on Wednesday, February 12th. B. Riley analyst N. Giles now expects that the business services provider will earn ($0.36) per share for the year, down from their prior estimate of ($0.13). B. Riley currently has a "Neutral" rating and a $23.00 target price on the stock. The consensus estimate for MARA's current full-year earnings is ($1.04) per share. B. Riley also issued estimates for MARA's FY2026 earnings at ($0.32) EPS.

Other equities research analysts have also recently issued research reports about the stock. Macquarie increased their price target on shares of MARA from $22.00 to $29.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Barclays initiated coverage on shares of MARA in a report on Monday, November 25th. They issued an "equal weight" rating and a $27.00 price objective for the company. HC Wainwright restated a "buy" rating and issued a $28.00 price objective on shares of MARA in a report on Wednesday, December 4th. JPMorgan Chase & Co. upgraded shares of MARA from an "underweight" rating to a "neutral" rating and upped their price objective for the stock from $12.00 to $23.00 in a report on Tuesday, December 10th. Finally, Piper Sandler initiated coverage on shares of MARA in a report on Tuesday, December 17th. They issued an "overweight" rating and a $34.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, MARA has a consensus rating of "Hold" and an average target price of $25.67.

MARA Trading Down 0.1 %

MARA traded down $0.01 during trading on Friday, hitting $16.90. 25,096,777 shares of the stock traded hands, compared to its average volume of 35,322,888. The firm has a market capitalization of $5.74 billion, a P/E ratio of 21.39 and a beta of 5.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.00 and a quick ratio of 4.00. The firm has a 50-day moving average of $19.14 and a 200 day moving average of $18.60. MARA has a 12-month low of $13.16 and a 12-month high of $34.09.

Insider Buying and Selling at MARA

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the firm's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $23.50, for a total transaction of $646,367.50. Following the completion of the sale, the chief executive officer now directly owns 4,128,090 shares in the company, valued at approximately $97,010,115. This trade represents a 0.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jay P. Leupp sold 6,800 shares of the firm's stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $29.90, for a total transaction of $203,320.00. Following the sale, the director now owns 135,756 shares of the company's stock, valued at approximately $4,059,104.40. This represents a 4.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 91,710 shares of company stock worth $2,081,375. 0.80% of the stock is owned by corporate insiders.

Institutional Trading of MARA

A number of institutional investors have recently made changes to their positions in MARA. Truvestments Capital LLC purchased a new position in shares of MARA in the third quarter worth approximately $26,000. Beacon Capital Management LLC bought a new position in shares of MARA in the fourth quarter worth approximately $26,000. Larson Financial Group LLC boosted its position in shares of MARA by 124.2% in the third quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider's stock worth $31,000 after purchasing an additional 1,062 shares during the period. Sterling Capital Management LLC boosted its position in shares of MARA by 358.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,824 shares of the business services provider's stock worth $31,000 after purchasing an additional 1,426 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd boosted its position in shares of MARA by 79.3% in the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider's stock worth $33,000 after purchasing an additional 860 shares during the period. Hedge funds and other institutional investors own 44.53% of the company's stock.

MARA Company Profile

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.