Sidoti Estimates Forum Markets' Q2 Earnings (NASDAQ:FRMM)

Key Points

• Sidoti raised Forum Markets’ Q2 2027 EPS estimate to $0.08 from $0.04, while forecasting $0.01 EPS for Q4 2027. The consensus full-year estimate remains a loss of $5.38 per share.
• Forum Markets significantly missed its latest quarterly results, reporting a $0.73 per-share loss versus the expected $0.21 loss and revenue of $1.37 million versus the $3.30 million consensus.
• The stock opened at $4.76 and has a consensus “Moderate Buy” rating with a $10 price target; meanwhile, major shareholder Konstantin Lomashuk sold 250,000 shares for $1.5 million.

Forum Markets, Inc (NASDAQ:FRMM - Free Report) - Equities researchers at Sidoti lifted their Q2 2027 earnings per share estimates for shares of Forum Markets in a report released on Wednesday, October 7th. Sidoti analyst B. Mccarthy now forecasts that the company will post earnings of $0.08 per share for the quarter, up from their previous forecast of $0.04. The consensus estimate for Forum Markets' current full-year earnings is ($5.38) per share. Sidoti also issued estimates for Forum Markets' Q4 2027 earnings at $0.01 EPS.

Forum Markets (NASDAQ:FRMM - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.73) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.52). The firm had revenue of $1.37 million for the quarter, compared to the consensus estimate of $3.30 million. Forum Markets had a negative net margin of 4,971.75% and a negative return on equity of 216.23%.

Other research analysts also recently issued reports about the company. Wall Street Zen raised Forum Markets from a "strong sell" rating to a "sell" rating in a report on Sunday, August 30th. Weiss Ratings raised Forum Markets from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $10.00.

Forum Markets Trading Down 1.9%

FRMM stock opened at $4.76 on Thursday. The company has a 50 day simple moving average of $5.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.69 and a quick ratio of 2.69. Forum Markets has a 12-month low of $1.76 and a 12-month high of $24.44. The company has a market cap of $62.83 million, a PE ratio of -0.14 and a beta of 1.47.

Insider Buying and Selling at Forum Markets

In other news, major shareholder Konstantin Lomashuk sold 250,000 shares of Forum Markets stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $6.00, for a total transaction of $1,500,000.00. Following the transaction, the insider directly owned 1,226,638 shares of the company's stock, valued at $7,359,828. The trade was a 16.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 25.20% of the stock is owned by corporate insiders.

Forum Markets Company Profile

Forum Markets Inc is a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The company structures cash-generating assets on blockchain-based infrastructure to facilitate liquidity, investor access, and primary and secondary market activity. It combines traditional asset management practices with digital market infrastructure to support the origination, distribution, and trading of real-world assets.

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