B. Riley Issues Pessimistic Outlook for BEEP Earnings

Key Points

• B. Riley has reduced its Q3 2025 earnings per share (EPS) estimate for Mobile Infrastructure Corporation to (0.09), down from a previous estimate of (0.06).
• Despite the pessimistic earnings forecast, Barrington Research maintains an "outperform" rating with a price target of $6.50 for Mobile Infrastructure stock.
• The company reported a Q2 earnings miss, with an EPS of (0.11), falling short of the consensus estimate of (0.10).

Mobile Infrastructure Corporation (NASDAQ:BEEP - Free Report) - Stock analysts at B. Riley cut their Q3 2025 earnings per share (EPS) estimates for Mobile Infrastructure in a report released on Wednesday, August 13th. B. Riley analyst J. Massocca now expects that the company will post earnings of ($0.09) per share for the quarter, down from their prior forecast 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.

Mobile Infrastructure (NASDAQ:BEEP - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $8.99 million during the quarter, compared to analyst estimates of $9.39 million. Mobile Infrastructure has set its FY 2025 guidance at EPS.

Separately, Barrington Research reissued an "outperform" rating and issued a $6.50 price target on shares of Mobile Infrastructure in a report on Friday, August 15th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Mobile Infrastructure currently has an average rating of "Buy" and an average target price of $5.88.

Mobile Infrastructure Price Performance

Shares of NASDAQ BEEP traded up $0.33 during trading on Monday, reaching $4.05. The company had a trading volume of 48,168 shares, compared to its average volume of 30,452. Mobile Infrastructure has a twelve month low of $2.65 and a twelve month high of $4.86. The stock has a market capitalization of $172.94 million, a PE ratio of -13.50 and a beta of 0.55. The stock has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.92. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.17.

Institutional Investors Weigh In On Mobile Infrastructure

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Centaurus Financial Inc. grew its position in shares of Mobile Infrastructure by 5.3% in the fourth quarter. Centaurus Financial Inc. now owns 57,759 shares of the company's stock valued at $260,000 after purchasing an additional 2,894 shares during the period. MAI Capital Management grew its position in shares of Mobile Infrastructure by 99.3% in the first quarter. MAI Capital Management now owns 6,253 shares of the company's stock valued at $26,000 after purchasing an additional 3,116 shares during the period. Barclays PLC purchased a new stake in shares of Mobile Infrastructure in the fourth quarter valued at $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Mobile Infrastructure during the 2nd quarter worth $36,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Mobile Infrastructure in the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 84.30% of the company's stock.

Mobile Infrastructure Company Profile

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.