Q1 Earnings Estimate for NextNav Issued By B. Riley

NextNav Inc. (NASDAQ:NN - Free Report) - Analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for NextNav in a report issued on Thursday, March 13th. B. Riley analyst M. Crawford expects that the company will post earnings per share of ($0.17) for the quarter. The consensus estimate for NextNav's current full-year earnings is ($0.74) per share. B. Riley also issued estimates for NextNav's Q2 2025 earnings at ($0.14) EPS, Q3 2025 earnings at ($0.15) EPS, Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.61) EPS and FY2026 earnings at ($0.57) EPS.

NextNav Trading Up 1.6 %

Shares of NN traded up $0.18 during midday trading on Monday, hitting $11.98. 688,356 shares of the stock were exchanged, compared to its average volume of 997,565. The firm has a market cap of $1.58 billion, a P/E ratio of -16.03 and a beta of 1.17. The stock has a fifty day simple moving average of $11.80 and a 200 day simple moving average of $12.01. NextNav has a 52-week low of $4.50 and a 52-week high of $18.54. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.01 and a current ratio of 5.01.

NextNav (NASDAQ:NN - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.10). NextNav had a negative return on equity of 128.95% and a negative net margin of 1,732.92%. The firm had revenue of $1.91 million for the quarter, compared to analysts' expectations of $1.73 million.

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Institutional Trading of NextNav

Hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System increased its position in shares of NextNav by 14.9% during the fourth quarter. California State Teachers Retirement System now owns 49,229 shares of the company's stock worth $766,000 after purchasing an additional 6,385 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in NextNav by 57.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 107,302 shares of the company's stock valued at $1,670,000 after acquiring an additional 39,222 shares during the period. Voloridge Investment Management LLC increased its position in NextNav by 466.5% in the 4th quarter. Voloridge Investment Management LLC now owns 657,996 shares of the company's stock valued at $10,238,000 after acquiring an additional 541,842 shares during the period. Waverly Advisors LLC acquired a new position in NextNav in the 4th quarter valued at about $535,000. Finally, Squarepoint Ops LLC acquired a new position in NextNav in the 4th quarter valued at about $2,316,000. 79.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NextNav

In related news, CFO Christian D. Gates sold 5,730 shares of NextNav stock in a transaction on Monday, March 17th. The stock was sold at an average price of $11.24, for a total value of $64,405.20. Following the completion of the transaction, the chief financial officer now directly owns 857,206 shares in the company, valued at approximately $9,634,995.44. This trade represents a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Sammaad Shams sold 4,005 shares of NextNav stock in a transaction on Monday, March 17th. The shares were sold at an average price of $11.21, for a total value of $44,896.05. Following the completion of the transaction, the chief accounting officer now owns 81,100 shares of the company's stock, valued at approximately $909,131. This trade represents a 4.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 72,603 shares of company stock worth $815,309. Company insiders own 15.70% of the company's stock.

NextNav Company Profile

NextNav Inc provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service.