B. Riley Brokers Decrease Earnings Estimates for MARA

MARA Holdings, Inc. (NASDAQ:MARA) – Research analysts at B. Riley lowered their FY2025 earnings estimates for MARA in a report released on Wednesday, February 12th. B. Riley analyst N. Giles now anticipates that the business services provider will post earnings of ($0.36) per share for the year, down from their previous forecast of ($0.13). B. Riley has a “Neutral” rating and a $23.00 price target 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 issued research reports about the stock. JPMorgan Chase & Co. raised shares of MARA from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $12.00 to $23.00 in a research note on Tuesday, December 10th. Macquarie increased their price target on shares of MARA from $22.00 to $29.00 and gave the company an “outperform” rating in a report on Monday, November 18th. HC Wainwright reiterated a “buy” rating and set a $28.00 price target on shares of MARA in a report on Wednesday, December 4th. Compass Point cut shares of MARA from a “buy” rating to a “neutral” rating and increased their price target for the company from $21.00 to $25.00 in a report on Thursday, November 21st. Finally, Barclays started coverage on shares of MARA in a report on Monday, November 25th. They set an “equal weight” rating and a $27.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, MARA has an average rating of “Hold” and a consensus price target of $25.67.

MARA Trading Down 0.1 %

NASDAQ:MARA opened at $16.90 on Friday. MARA has a one year low of $13.16 and a one year high of $34.09. 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 company’s 50-day simple moving average is $19.14 and its 200 day simple moving average is $18.62. The firm has a market capitalization of $5.74 billion, a P/E ratio of 21.39 and a beta of 5.76.

MARA (NASDAQ:MARA) last posted its quarterly earnings data on Tuesday, November 12th. The business services provider reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.04). MARA had a negative return on equity of 8.40% and a net margin of 27.48%. The business had revenue of $131.60 million for the quarter, compared to the consensus estimate of $140.26 million. During the same period in the previous year, the firm earned ($0.05) EPS. The company’s revenue was up 34.4% on a year-over-year basis.

Institutional Trading of MARA

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of MARA by 7.5% during the 4th quarter. Vanguard Group Inc. now owns 38,782,941 shares of the business services provider’s stock valued at $650,390,000 after purchasing an additional 2,706,271 shares during the period. Geode Capital Management LLC raised its position in shares of MARA by 7.2% during the 4th quarter. Geode Capital Management LLC now owns 7,675,994 shares of the business services provider’s stock valued at $128,755,000 after purchasing an additional 518,503 shares during the period. American Century Companies Inc. raised its position in shares of MARA by 44.3% during the 4th quarter. American Century Companies Inc. now owns 4,039,871 shares of the business services provider’s stock valued at $67,749,000 after purchasing an additional 1,240,354 shares during the period. Northern Trust Corp raised its position in shares of MARA by 18.1% during the 4th quarter. Northern Trust Corp now owns 3,293,531 shares of the business services provider’s stock valued at $55,233,000 after purchasing an additional 504,142 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in MARA by 14.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,028,457 shares of the business services provider’s stock valued at $50,787,000 after acquiring an additional 372,094 shares in the last quarter. 44.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $19.80, for a total value of $544,599.00. Following the transaction, the chief executive officer now directly owns 4,155,595 shares in the company, valued at approximately $82,280,781. This trade represents a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Salman Hassan Khan sold 16,700 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $330,660.00. Following the sale, the chief financial officer now owns 2,029,647 shares in the company, valued at $40,187,010.60. The trade was a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 135,915 shares of company stock worth $2,956,634. 0.80% of the stock is owned by insiders.

About MARA

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.