In the latest trading session, 0.44 million LM Funding America Inc (NASDAQ:LMFA) shares changed hands as the company’s beta touched 1.41. With the company’s most recent per share price at $4.04 changing hands around $0.53 or 15.10% at last look, the market valuation stands at $11.34M. LMFA’s current price is a discount, trading about -51.24% off its 52-week high of $6.11. The share price had its 52-week low at $1.63, which suggests the last value was 59.65% up since then. When we look at LM Funding America Inc’s average trading volume, we note the 10-day average is 0.14 million shares, with the 3-month average coming to 71.16K.
LM Funding America Inc (NASDAQ:LMFA) trade information
Instantly LMFA is in green as seen in intraday trades today. With action 51.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.22%, with the 5-day performance at 51.88% in the green. However, in the 30-day time frame, LM Funding America Inc (NASDAQ:LMFA) is 42.25% up. Looking at the short shares, we see there were 84141.0 shares sold at short interest cover period of 1.33 days.
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LM Funding America Inc (LMFA) estimates and forecasts
Data shows that the LM Funding America Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 70.46% over the past 6 months, a 37.85% in annual growth rate that is considerably higher than the industry average of 9.80%. Year-over-year growth is forecast to reach -9.50% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 1.8M. 2 analysts are of the opinion that LM Funding America Inc’s revenue for the current quarter will be 2.15M. The company’s revenue for the corresponding quarters a year ago was 3.51M and 3.24M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -48.80%. The estimates for the next quarter sales put growth at -33.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.25%. The 2024 estimates are for LM Funding America Inc earnings to increase by 12.97%.
LMFA Dividends
LM Funding America Inc is expected to release its next quarterly earnings report on 2024-Nov-13.
LM Funding America Inc (NASDAQ:LMFA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 16.33% of LM Funding America Inc shares while 4.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.15%.
