HC Wainwright Has Optimistic Outlook of LMFA FY2025 Earnings

LM Funding America, Inc. (NASDAQ:LMFA) – Research analysts at HC Wainwright upped their FY2025 earnings estimates for LM Funding America in a report released on Wednesday, April 2nd. HC Wainwright analyst K. Dede now forecasts that the financial services provider will earn ($2.56) per share for the year, up from their prior estimate of ($4.97). HC Wainwright has a “Neutral” rating on the stock. The consensus estimate for LM Funding America’s current full-year earnings is ($5.50) per share.

LM Funding America Stock Down 4.2 %

LMFA opened at $1.14 on Monday. The company has a fifty day moving average of $1.58 and a two-hundred day moving average of $2.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.65 and a current ratio of 3.65. LM Funding America has a fifty-two week low of $1.02 and a fifty-two week high of $6.11. The stock has a market capitalization of $5.85 million, a price-to-earnings ratio of -0.23 and a beta of 1.47.

Hedge Funds Weigh In On LM Funding America

A hedge fund recently bought a new stake in LM Funding America stock. Two Sigma Securities LLC acquired a new stake in LM Funding America, Inc. (NASDAQ:LMFA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,604 shares of the financial services provider’s stock, valued at approximately $31,000. Two Sigma Securities LLC owned approximately 0.28% of LM Funding America at the end of the most recent reporting period. 22.73% of the stock is owned by institutional investors and hedge funds.

LM Funding America Company Profile

LM Funding America, Inc operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida.