Rumble Inc. (NASDAQ:RUM)’s traded shares stood at 0.41 million during the last session. At the last check today, the stock’s price was $8.13, to imply a decrease of -4.13% or -$0.35 in intraday trading. The RUM share’s 52-week high remains $17.23, putting it -111.93% down since that peak but still an impressive 28.54% since price per share fell to its 52-week low of $5.81. The company has a valuation of $2.45B, with an average of 1.04 million shares in intraday trading volume over the past 10 days and average of 1.01 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Rumble Inc. (RUM), translating to a mean rating of 2.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give RUM a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.02.

Rumble Inc. (NASDAQ:RUM) trade information

After registering a -4.13% downside in the latest session, Rumble Inc. (RUM) has traded red over the past five days. The stock hit a weekly high of 9.40 this Wednesday, 03/15/23, dropping -4.13% in its intraday price action. The 5-day price performance for the stock is -11.73%, and -9.47% over 30 days. With these gigs, the year-to-date price performance is 36.64%. Short interest in Rumble Inc. (NASDAQ:RUM) saw shorts transact 3.28 million shares and set a 4.53 days time to cover.

Analysts on Wall Street suggest a consensus price target of $15.00, implying an increase of 45.8% to the stock’s recent value. The extremes give us $15.00 and $15.00 for target low and target high price respectively. As such, RUM has been trading -84.5% off suggested target high and -84.5% from its likely low.

Rumble Inc. (RUM) estimates and forecasts

Revenue forecast for the current quarter as set by 2 analysts is $10.18 million. Meanwhile, for the quarter ending Mar 2023, a total of 2 analyst(s) estimate revenue growth to $17.59 million.

RUM Dividends

Rumble Inc. has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Rumble Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Rumble Inc. (NASDAQ:RUM)’s Major holders

Rumble Inc. insiders hold 128.56% of total outstanding shares, with institutional holders owning 15.02% of the shares at -52.59% float percentage. In total, 15.02% institutions holds shares in the company, led by Cantor Fitzgerald, L. P. As of Dec 30, 2022, the company held over 11.39 million shares (or 37.11% of shares), all amounting to roughly $93.89 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 2.1 million shares, or about 6.83% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $17.28 million.

We also have iShares Robotics and Artificial Intelligence Multisector ETF and Fidelity NASDAQ Composite Index Fund as the top two Mutual Funds with the largest holdings of the Rumble Inc. (RUM) shares. Going by data provided on Dec 30, 2022, iShares Robotics and Artificial Intelligence Multisector ETF holds roughly 0.25 million shares. This is just over 0.81% of the total shares, with a market valuation of $2.05 million. Data from the same date shows that the other fund manager holds a little less at 0.16 million, or 0.53% of the shares, all valued at about 1.33 million.