NYSE:AREN

The Arena Group (AREN) Stock Forecast, Price & News

$4.23

+0.13 (+3.17%)

(As of 05/31/2023 ET)

Compare

Today's Range: $4.02
▼
$4.29
50-Day Range: $3.49
▼
$4.63
52-Week Range: $3.35
▼
$16.50

Volume: 30,309 shs
Average Volume: 45,410 shs
Market Capitalization: $93.06 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

The Arena Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 161.9% Upside
$11.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.19
Based on 17 Articles This Week
Insider Trading: Acquiring Shares
$1.11 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.76) to ($1.05) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Business Services Sector

235th out of 347 stocks

Cable & Other Pay Television Services Industry

17th out of 22 stocks

3.5

Analyst's Opinion

Consensus Rating
The Arena Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, The Arena Group has a forecasted upside of 161.9% from its current price of $4.20.
Amount of Analyst Coverage
The Arena Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AREN.

0.0

Dividend Strength

Dividend Yield
The Arena Group does not currently pay a dividend.
Dividend Growth
The Arena Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AREN.

1.2

News and Social Media Coverage

News Sentiment
The Arena Group has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for The Arena Group this week, compared to 18 articles on an average week.
Search Interest
Only 3 people have searched for AREN on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Arena Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,109,732.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.56% of the stock of The Arena Group is held by insiders.
Percentage Held by Institutions
50.40% of the stock of The Arena Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for The Arena Group are expected to grow in the coming year, from ($1.76) to ($1.05) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Arena Group is -1.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Arena Group is -1.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About The Arena Group (NYSE:AREN) Stock

The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorporated in 1990 and is based in New York, New York.

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AREN Stock News Headlines

May 31, 2023 | msn.com

Massive indoor Nerf battle arena opens in Cincinnati

May 31, 2023 | axios.com

Five places to watch the Denver Nuggets in the Finals

May 31, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

May 31, 2023 | startribune.com

Minnesota sports franchise values are on an endless rise. The current total? It's in the billions

May 30, 2023 | news.yahoo.com

Penguins’ Kevin Acklin talks upgrades to PPG Paints Arena

May 30, 2023 | msn.com

Minnesota sports franchise values on an endless rise. The current total? It's in the billions

May 29, 2023 | msn.com

Claudio Castagnoli Says BCC Members Want To 'Outdo' Last Year's Anarchy In The Arena

May 29, 2023 | msn.com

VIDEO: Being the Elite - 'Anarchy in the Arena'

May 31, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

May 29, 2023 | news.yahoo.com

'Don't say happy': Boots on the Ground display a somber reminder on Memorial Day

May 29, 2023 | msn.com

Konosuke Takeshita Joins The Blackpool Combat Club, Helps Group Defeat The Elite

May 28, 2023 | msn.com

Antonio Brown didn't play for Arena team despite promise

May 27, 2023 | forbes.com

Team Building: How The Oklahoma City Thunder Has Seen Expedited Success

May 27, 2023 | msn.com

What did Dave Matthews Band play at Bridgestone Arena?

May 26, 2023 | msn.com

Why is Antonio Brown playing for the Albany Empire? How troubled ex-NFL WR became arena football league owner

May 26, 2023 | msn.com

CCW, Dan Lambert, Kevin Sullivan present the return of Championship Wrestling from Florida

May 25, 2023 | yahoo.com

Review: At Paramore’s tour debut in Charlotte, a fan almost stole the show. But then ...

May 25, 2023 | bizjournals.com

Stephanie Schwartz's Little Bean Group sprouts big funds for nonprofits

May 24, 2023 | msn.com

Fans have stayed with the Nuggets through the years

May 24, 2023 | msn.com

Irish pop singer Ronan Keating to perform at Genting’s Arena of Stars in August

May 24, 2023 | msn.com

The escalating madness of woke dogma on college campuses

May 23, 2023 | yahoo.com

Tomorrow X Together on the group's new music, proudest moment and go-to Five Guys order

May 23, 2023 | news.yahoo.com

A beloved dive bar space has been revived by a major Raleigh restaurant group

May 23, 2023 | msn.com

Jason Sudeikis and Jason Bateman Sit Courtside With Their Kids at the Lakers Game

May 23, 2023 | forbes.com

Addressing The Engagement Opportunity When Consumers Are Out And About

May 22, 2023 | msn.com

Joe Louis Arena will live on in new sculpture at Riverside Park

May 22, 2023 | msn.com

PPG Paints Arena: $30 Million Makeover Begins

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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AREN Company Calendar

Today: 5/31/2023
Next Earnings (Estimated): 8/07/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Cable & other pay television services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:AREN
CUSIP: N/A
CIK: 894871
Web: www.thearenagroup.net
Phone: 212-321-5002
Fax: N/A
Employees: 333
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +168.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.91)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-70,860,000.00
Net Margins: -29.32%
Pretax Margin: -28.34%
Return on Equity: N/A
Return on Assets: -30.36%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.39
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $220.93 million
Price / Sales: 0.41
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($2.40) per share
Price / Book: -1.71

Miscellaneous

Outstanding Shares: 22,000,000
Free Float: 20,116,000
Market Cap: $90.20 million
Optionable: Not Optionable
Beta: 0.20

Key Executives

Mr. Ross B. Levinsohn (Age 60)
Chairman & CEO
Comp: $831.35k

Mr. Paul Taylor Edmondson (Age 48)
Pres of Platform
Comp: $645.11k

Mr. Avi Zimak (Age 48)
Chief Revenue & Strategy Officer and Head of Global Strategic Partnerships
Comp: $866.79k

Mr. Douglas B. Smith (Age 62)
CFO & Sec.

Mr. Andrew Q. Kraft (Age 50)
Chief Operating Officer

Mr. Indraneel Mukherjee
Chief Technology Officer

Ms. Julie R. Fenster
Gen. Counsel

Rachael Fink
Mang. of PR

Ms. Jill Marchisotto (Age 46)
Chief Marketing Officer

Mr. Martin L. Heimbigner CPA (Age 65)
Exec. Vice-Pres of Fin.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AREN Stock - Frequently Asked Questions

Should I buy or sell The Arena Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Arena Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AREN shares.
View AREN analyst ratings or view top-rated stocks.
What is The Arena Group's stock price forecast for 2023?: 1 brokerages have issued 12 month target prices for The Arena Group's shares. Their AREN share price forecasts range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 168.3% from the stock's current price.
View analysts price targets for AREN or view top-rated stocks among Wall Street analysts.
How have AREN shares performed in 2023?: The Arena Group's stock was trading at $10.61 at the beginning of 2023. Since then, AREN stock has decreased by 61.4% and is now trading at $4.10.
View the best growth stocks for 2023 here.
When is The Arena Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our AREN earnings forecast.
What guidance has The Arena Group issued on next quarter's earnings?: The Arena Group issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $255.00 million-$270.00 million, compared to the consensus revenue estimate of $260.07 million.
When did The Arena Group IPO?: (AREN) raised $30 million in an initial public offering (IPO) on Friday, February 11th 2022. The company issued 3,600,000 shares at $8.25 per share. B. Riley Securities, Inc. acted as the underwriter for the IPO and Lake Street Capital was co-manager.

What is The Arena Group's stock symbol?: The Arena Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AREN."
Who are The Arena Group's major shareholders?: The Arena Group's stock is owned by many different retail and institutional investors. Top institutional investors include B. Riley Asset Management LLC (9.90%), Boothbay Fund Management LLC (3.86%), BlackRock Inc. (2.56%), Geode Capital Management LLC (1.00%), Equitec Proprietary Markets LLC (0.45%) and G2 Investment Partners Management LLC (0.37%). Insiders that own company stock include B Riley Financial, Inc, Brc Partners Opportunity Fund,, Daniel Shribman, Eric Semler and Paul Taylor Edmondson.
View institutional ownership trends.
How do I buy shares of The Arena Group?: Shares of AREN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is The Arena Group's stock price today?: One share of AREN stock can currently be purchased for approximately $4.10.
How much money does The Arena Group make?: The Arena Group (NYSE:AREN) has a market capitalization of $90.20 million and generates $220.93 million in revenue each year. The company earns $-70,860,000.00 in net income (profit) each year or ($3.91) on an earnings per share basis.
How many employees does The Arena Group have?: The company employs 333 workers across the globe.
How can I contact The Arena Group?: The Arena Group's mailing address is 200 Vesey Street 24th Floor New York, NY 10281 United States. The official website for the company is www.thearenagroup.net. The company can be reached via phone at 212-321-5002 or via email at aren@fnkir.com.

This page (NYSE:AREN) was last updated on 5/31/2023 by MarketBeat.com Staff

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The Arena Group (AREN) Stock Forecast, Price & News

The Arena Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About The Arena Group (NYSE:AREN) Stock

AREN Stock News Headlines

AREN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AREN Stock - Frequently Asked Questions

Overall MarketRank^™