Sidoti Has Positive Outlook for Forum Markets Q2 Earnings

Forum Markets, Inc (NASDAQ:FRMM) – Research analysts at Sidoti raised their Q2 2027 earnings estimates for shares of Forum Markets in a note issued to investors on Wednesday, October 7th. Sidoti analyst B. Mccarthy now expects that the company will post earnings per share of $0.08 for the quarter, up from their prior estimate 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.

A number of other equities analysts have also recently commented on FRMM. Weiss Ratings raised shares of Forum Markets from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded Forum Markets from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $10.00.

Forum Markets Trading Down 1.9%

Shares of FRMM opened at $4.76 on Thursday. Forum Markets has a twelve month low of $1.76 and a twelve month high of $24.44. The stock has a market capitalization of $62.83 million, a P/E ratio of -0.14 and a beta of 1.47. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $5.33.

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

Insider Transactions at Forum Markets

In other news, major shareholder Konstantin Lomashuk sold 250,000 shares of Forum Markets stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $6.00, for a total value of $1,500,000.00. Following the transaction, the insider directly owned 1,226,638 shares in the company, valued at approximately $7,359,828. This trade represents a 16.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 25.20% of the stock is currently owned by 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.