B. Riley Issues Pessimistic Forecast for BEEP Earnings

Mobile Infrastructure Corporation (NASDAQ:BEEPFree Report) – Investment analysts at B. Riley cut their Q3 2025 EPS estimates for shares of Mobile Infrastructure in a research report issued on Wednesday, August 13th. B. Riley analyst J. Massocca now anticipates that the company will earn ($0.09) per share for the quarter, down from their prior estimate of ($0.06). The consensus estimate for Mobile Infrastructure’s current full-year earnings is ($0.30) per share. B. Riley also issued estimates for Mobile Infrastructure’s Q4 2025 earnings at ($0.10) EPS, FY2025 earnings at ($0.41) EPS and FY2026 earnings at ($0.41) EPS.

Separately, Barrington Research reiterated an “outperform” rating and issued a $6.50 target price on shares of Mobile Infrastructure in a research note on Friday.

Read Our Latest Report on Mobile Infrastructure

Mobile Infrastructure Stock Performance

NASDAQ BEEP opened at $3.53 on Monday. Mobile Infrastructure has a 1 year low of $2.60 and a 1 year high of $4.86. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market capitalization of $150.73 million, a PE ratio of -11.77 and a beta of 0.55. The company’s 50 day simple moving average is $3.98 and its two-hundred day simple moving average is $3.93.

Mobile Infrastructure (NASDAQ:BEEPGet Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.01). Mobile Infrastructure had a negative return on equity of 5.58% and a negative net margin of 28.91%. The firm had revenue of $8.99 million during the quarter, compared to analysts’ expectations of $9.39 million.

Institutional Trading of Mobile Infrastructure

Several institutional investors and hedge funds have recently bought and sold shares of BEEP. Raymond James Financial Inc. bought a new position in shares of Mobile Infrastructure in the 2nd quarter worth $39,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Mobile Infrastructure in the 2nd quarter worth $36,000. Cresset Asset Management LLC bought a new position in shares of Mobile Infrastructure in the 2nd quarter worth $367,000. New York State Common Retirement Fund bought a new position in shares of Mobile Infrastructure in the 2nd quarter worth $108,000. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Mobile Infrastructure in the 2nd quarter worth $54,000. 84.30% of the stock is currently owned by hedge funds and other institutional investors.

Mobile Infrastructure Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Mobile Infrastructure (NASDAQ:BEEP)

Receive News & Ratings for Mobile Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobile Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.