MARA Holdings Inc (NASDAQ:MARA) has a beta value of 5.92 and has seen 7.06 million shares traded in the recent trading session. The company, currently valued at $5.52B, closed the recent trade at $16.26 per share which meant it gained $0.21 on the day or 1.34% during that session. The MARA stock price is -109.66% off its 52-week high price of $34.09 and 19.07% above the 52-week low of $13.16.
The consensus among analysts is that MARA Holdings Inc (MARA) is Buy stock at the moment, with a recommendation rating of 2.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 8 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.08.
MARA Holdings Inc (NASDAQ:MARA) trade information
Sporting 1.34% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MARA stock price touched $16.26 or saw a rise of 6.01%. Year-to-date, MARA Holdings Inc shares have moved -3.01%, while the 5-day performance has seen it change 1.53%. Over the past 30 days, the shares of MARA Holdings Inc (NASDAQ:MARA) have changed -18.31%.
Wall Street analysts have a consensus price target for the stock at $24, which means that the shares’ value could jump 32.25% from the levels at last check today. The projected low price target is $22.0 while the price target rests at a high of $33.0. In that case, then, we find that the latest price level in today’s session is -102.95% off the targeted high while a plunge would see the stock gain -35.3% from the levels at last check today.
MARA Holdings Inc (MARA) estimates and forecasts
The company’s shares have gained 0.15% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 62.97%.
11 analysts offering their estimates for the company have set an average revenue estimate of 187.11M for the current quarter. 8 have an estimated revenue figure of 216.59M for the next ending quarter. Year-ago sales stood 156.77M and 165.2M respectively for this quarter and the next, and analysts expect sales will grow by 19.35% for the current quarter and 62.97% for the next.
MARA Dividends
MARA Holdings Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
MARA Holdings Inc (NASDAQ:MARA)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 43.02 million shares worth more than $853.87 million. As of 2024-06-30, BLACKROCK INC. held 16.6022% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 32.29 million shares as of 2024-06-30. The firm’s total holdings are worth over $640.99 million and represent 12.463% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. As of Nov 30, 2024, the former fund manager holds about 5.62% shares in the company for having 19.06 shares of worth $306.35 million while later fund manager owns 8.88 shares of worth $142.7 million as of Sep 30, 2024, which makes it owner of about 2.62% of company’s outstanding stock.
