FY2027 Earnings Estimate for BEEP Issued By B. Riley

Mobile Infrastructure Corporation (NASDAQ:BEEP) – Stock analysts at B. Riley issued their FY2027 earnings per share (EPS) estimates for shares of Mobile Infrastructure in a research report issued to clients and investors on Monday, November 17th. B. Riley analyst J. Massocca forecasts that the company will post earnings of ($0.34) per share for the year. The consensus estimate for Mobile Infrastructure’s current full-year earnings is ($0.30) per share.

BEEP has been the topic of several other reports. Weiss Ratings restated a “sell (d)” rating on shares of Mobile Infrastructure in a research note on Monday. Barrington Research restated an “outperform” rating and set a $6.50 target price on shares of Mobile Infrastructure in a research report on Friday, November 14th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mobile Infrastructure currently has a consensus rating of “Moderate Buy” and an average price target of $5.88.

Mobile Infrastructure Stock Down 2.0%

BEEP stock opened at $2.93 on Wednesday. Mobile Infrastructure has a fifty-two week low of $2.85 and a fifty-two week high of $4.86. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a market capitalization of $123.94 million, a price-to-earnings ratio of -7.51 and a beta of 0.52. The business’s fifty day moving average price is $3.40 and its two-hundred day moving average price is $3.75.

Institutional Trading of Mobile Infrastructure

Several large investors have recently made changes to their positions in BEEP. CWM LLC increased its stake in Mobile Infrastructure by 40.5% in the first quarter. CWM LLC now owns 60,998 shares of the company’s stock valued at $254,000 after acquiring an additional 17,569 shares during the last quarter. Connective Capital Management LLC acquired a new stake in shares of Mobile Infrastructure in the 1st quarter valued at $223,000. MAI Capital Management increased its stake in shares of Mobile Infrastructure by 99.3% in the 1st quarter. MAI Capital Management now owns 6,253 shares of the company’s stock valued at $26,000 after purchasing an additional 3,116 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Mobile Infrastructure by 104.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 40,662 shares of the company’s stock valued at $170,000 after purchasing an additional 20,741 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Mobile Infrastructure by 85.1% during the 1st quarter. Jane Street Group LLC now owns 33,689 shares of the company’s stock worth $140,000 after buying an additional 15,484 shares in the last quarter. Institutional investors and hedge funds own 84.30% of the company’s stock.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.