MARA (MARA) Expected to Announce Earnings on Thursday

MARA (NASDAQ:MARA - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect MARA to post earnings of ($0.32) per share and revenue of $234.19 million for the quarter.

MARA (NASDAQ:MARA - Get Free Report) last released its earnings results on Wednesday, February 26th. The business services provider reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of ($0.32) by $1.56. The firm had revenue of $214.39 million during the quarter, compared to analyst estimates of $187.11 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. On average, analysts expect MARA to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

MARA Stock Performance

Shares of NASDAQ:MARA traded up $0.68 during midday trading on Thursday, hitting $14.05. The company's stock had a trading volume of 61,080,248 shares, compared to its average volume of 45,152,211. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. The stock's 50 day simple moving average is $12.99 and its 200 day simple moving average is $17.42. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 17.78 and a beta of 6.10. MARA has a fifty-two week low of $9.81 and a fifty-two week high of $30.28.

Analyst Ratings Changes

Several research analysts have recently issued reports on MARA shares. Rosenblatt Securities began coverage on shares of MARA in a report on Friday, March 7th. They set a "buy" rating and a $19.00 price objective on the stock. Piper Sandler decreased their price objective on MARA from $34.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. Barclays lowered their price target on shares of MARA from $27.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. JPMorgan Chase & Co. decreased their target price on shares of MARA from $23.00 to $18.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Finally, HC Wainwright restated a "buy" rating and set a $28.00 price target on shares of MARA in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, MARA presently has an average rating of "Hold" and a consensus target price of $22.80.

Insiders Place Their Bets

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $16.68, for a total transaction of $458,783.40. Following the completion of the sale, the chief executive officer now owns 3,910,843 shares in the company, valued at approximately $65,232,861.24. The trade was a 0.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Salman Hassan Khan sold 16,700 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $15.31, for a total value of $255,677.00. Following the transaction, the chief financial officer now owns 1,773,788 shares in the company, valued at approximately $27,156,694.28. This trade represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.80% of the company's stock.

About MARA

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.