What is B. Riley’s Forecast for BEEP FY2027 Earnings?

Mobile Infrastructure Corporation (NASDAQ:BEEP) – 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 anticipates that the company will earn ($0.34) per share for the year. The consensus estimate for Mobile Infrastructure’s current full-year earnings is ($0.30) per share.

A number of other research analysts also recently weighed in on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $6.50 target price on shares of Mobile Infrastructure in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d)” rating on shares of Mobile Infrastructure in a research note on Monday. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $5.88.

Mobile Infrastructure Price Performance

NASDAQ BEEP opened at $2.93 on Wednesday. The firm’s 50 day moving average is $3.40 and its 200-day moving average is $3.75. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $123.94 million, a PE ratio of -7.51 and a beta of 0.52. Mobile Infrastructure has a 12-month low of $2.85 and a 12-month high of $4.86.

Hedge Funds Weigh In On Mobile Infrastructure

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC lifted its position in shares of 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 buying an additional 17,569 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in 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 acquiring an additional 20,741 shares during the period. North Star Investment Management Corp. bought a new position in Mobile Infrastructure during the second quarter worth $240,000. MAI Capital Management increased its holdings in shares of Mobile Infrastructure by 99.3% in the first 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. Finally, Connective Capital Management LLC acquired a new position in shares of Mobile Infrastructure in the first quarter valued at $223,000. Institutional investors own 84.30% of the company’s stock.

Mobile Infrastructure Company Profile

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.