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LM Funding America Inc (LMFA)
NASDAQ:LMFA
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LMFA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.63 - $6.11
Previous Close$2.46
Volume62.56K
Average Volume (3M)49.44K
Market Cap
$6.90M
Enterprise Value$6.98M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.58M
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Nov 14, 2024EPS Estimate
-$2.36Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.47
Shares Outstanding2,810,000
10 Day Avg. Volume33,329
30 Day Avg. Volume49,441
Standard Deviation0.39
R-Squared0.03
Alpha-0.00159
Financial Highlights & Ratios
Price to Book (P/B)0.21
Price to Sales (P/S)0.80
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.59
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$6.00Price Target Upside138.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
LM Funding America News
Bulls Say, Bears Say
Bulls Say
Innovative ManagementOn sourcing a novel mining location and relatively inexpensive power, management's cleverness is applauded.
Operational EfficiencyThe new hosting arrangements support higher capacity and lower operating costs.
Strategic AcquisitionsA 'hosting-like' strategic collaboration with Arthur Mining for an initial 15MW bitcoin mining site in Oklahoma City could lead to far more, potentially boosting LM Funding America's hash to the 3.5-3.8Eh/s range.
Bears Say
Investment RisksRisks of investment include all those associated with volatile cryptocurrencies, including the bitcoin network hash rate and bitcoin price, while also including hacking and other exposures exclusive to digital activities and those of small cap companies.
Reduced LiquidityWith roughly $8.6M in net liquidity (cash and crypto less debt), down from roughly $12.2M in 1Q24, LMFA’s balance sheet is healthy, albeit at small scale.
Revenue DeclineLMFA reported 2Q24 revenues of $3.0M, down from $4.7M in 1Q24.
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Ownership Overview
41.73% Insiders
9.11% Mutual Funds
2.65% Other Institutional Investors
46.51% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LMFA FAQ
What was LM Funding America Inc’s price range in the past 12 months?
LM Funding America Inc lowest stock price was $1.63 and its highest was $6.11 in the past 12 months.
What is LM Funding America Inc’s market cap?
Currently, no data Available
When is LM Funding America Inc’s upcoming earnings report date?
LM Funding America Inc’s upcoming earnings report date is Nov 14, 2024 which is in 55 days.
How were LM Funding America Inc’s earnings last quarter?
LM Funding America Inc released its earnings results on Aug 14, 2024. The company reported -$2.44 earnings per share for the quarter, missing the consensus estimate of -$0.85 by -$1.59.
Is LM Funding America Inc overvalued?
According to Wall Street analysts LM Funding America Inc’s price is currently Undervalued.
Does LM Funding America Inc pay dividends?
LM Funding America Inc does not currently pay dividends.
What is LM Funding America Inc’s EPS estimate?
LM Funding America Inc’s EPS estimate is -$2.36.
How many shares outstanding does LM Funding America Inc have?
LM Funding America Inc has 2,806,857 shares outstanding.
What happened to LM Funding America Inc’s price movement after its last earnings report?
LM Funding America Inc reported an EPS of -$2.44 in its last earnings report, missing expectations of -$0.85. Following the earnings report the stock price went down -7.516%.
Which hedge fund is a major shareholder of LM Funding America Inc?
Currently, no hedge funds are holding shares in LMFA
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LM Funding America Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.00 (138.10% Upside)
$6.00 (138.10% Upside)
Blogger Sentiment
Bullish
LMFA Sentiment 100%
Sector Average 68%
Sector Average 68%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.80%
12-Months-Change
Fundamentals
Return on Equity
-28.75%
Trailing 12-Months
Asset Growth
-19.37%
Trailing 12-Months
Company Description
LM Funding America Inc
LM Funding America, Inc. operates as a financial company which engages in the provision of funding to nonprofit community associations by purchasing its rights under delinquent accounts. The firm's products include LM funding classic, new neighbor guaranty, and complete protecion plan. It also involves in the business of purchasing delinquent accounts on various terms tailored to suit each association's financial needs, including under its New Neighbor Guaranty program. The company was founded by Carollinn Gould on January 14, 2008 and is headquartered in Tampa, FL.
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LMFA Earnings Call
Q2 2024
0:00 / 0:00
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LMFA Stock 12 Month Forecast
Average Price Target
$6.00
▲(138.10% Upside)
Technical Analysis
Best Analysts Covering LMFA
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-19.50%
reiterated a buy rating 29 days ago
Copying Matthew Galinko's trades and holding each position for 1 Year would result in 27.27% of your transactions generating a profit, with an average return of -19.50% per trade.
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