Mannkind Corp (NASDAQ:MNKD) has a beta value of 1.00 and has seen 1.25 million shares traded in the recent trading session. The company, currently valued at $1.14B, closed the recent trade at $3.76 per share which meant it lost -$0.23 on the day or -5.89% during that session. The MNKD stock price is -102.93% off its 52-week high price of $7.63 and 3.46% above the 52-week low of $3.63. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.61 million shares traded. The 3-month trading volume is 2.19 million shares.
The consensus among analysts is that Mannkind Corp (MNKD) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Mannkind Corp (NASDAQ:MNKD) trade information
Sporting -5.89% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MNKD stock price touched $3.76 or saw a rise of 5.76%. Year-to-date, Mannkind Corp shares have moved -26.52%, while the 5-day performance has seen it change 0.13%. Over the past 30 days, the shares of Mannkind Corp (NASDAQ:MNKD) have changed -8.86%. Short interest in the company has seen 24.8 million shares shorted with days to cover at 13.28.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could jump 65.82% from the levels at last check today.. The projected low price target is $10.0 while the price target rests at a high of $12.0. In that case, then, we find that the latest price level in today’s session is -219.15% off the targeted high while a plunge would see the stock gain -165.96% from the levels at last check today..
Mannkind Corp (MNKD) estimates and forecasts
The company’s shares have lost -40.40% over the past 6 months.
Earnings growth for 2025 is a modest 94.56% while over the next 5 years, the company’s earnings are expected to increase by 46.59%.
MNKD Dividends
Mannkind Corp is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Mannkind Corp (NASDAQ:MNKD)’s Major holders
Insiders own 1.86% of the company shares, while shares held by institutions stand at 58.64% with a share float percentage of 59.75%. Investors are also buoyed by the number of investors in a company, with Mannkind Corp having a total of 335.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 22.56 million shares worth more than $117.75 million. As of 2024-06-30, BLACKROCK INC. held 8.2615% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 15.43 million shares as of 2024-06-30. The firm’s total holdings are worth over $80.55 million and represent 5.6512% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Mar 31, 2025 , the former fund manager holds about 3.04% shares in the company for having 9.23 shares of worth $34.75 million while later fund manager owns 6.64 shares of worth $25.01 million as of Apr 30, 2025 , which makes it owner of about 2.19% of company’s outstanding stock.
