Currently, there are 339.38M common shares owned by the public and among those 331.84M shares have been available to trade.
The company’s stock has a 5-day price change of 11.48% and 10.12% over the past three months. MARA shares are trading 18.72% year to date (YTD), with the 12-month market performance up to 15.35% higher. It has a 12-month low price of $13.16 and touched a high of $34.09 over the same period. MARA has an average intraday trading volume of 59.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.70%, -7.27%, and 4.42% respectively.
Institutional ownership of MARA Holdings Inc (NASDAQ: MARA) shares accounts for 49.37% of the company’s 339.38M shares outstanding.
It has a market capitalization of $6.76B and a beta (3y monthly) value of 5.78. The stock’s trailing 12-month PE ratio is 18.44, while the earnings-per-share (ttm) stands at $1.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.62% over the week and 7.49% over the month.
Analysts forecast that MARA Holdings Inc (MARA) will achieve an EPS of -0.08 for the current quarter, 0.24 for the next quarter and 0.05 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.3 while analysts give the company a high EPS estimate of -0.3. Comparatively, EPS for the current quarter was -0.04 a year ago. Earnings per share for the fiscal year are expected to decrease by -107.94%, and 143.74% over the next financial year.
Looking at the support for the MARA, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on December 17, 2024, with the firm’s price target at $34. JP Morgan coverage for the MARA Holdings Inc (MARA) stock in a research note released on December 10, 2024 offered a Neutral rating with a price target of $23. Barclays was of a view on November 25, 2024 that the stock is Equal Weight, while Compass Point gave the stock Neutral rating on November 21, 2024, issuing a price target of $21- $25. Cantor Fitzgerald on their part issued Overweight rating on October 10, 2024.
