Sidoti Issues Positive Forecast for Beneficient Earnings

Beneficient (NASDAQ:BENF) – Equities researchers at Sidoti upped their Q4 2027 earnings estimates for Beneficient in a note issued to investors on Wednesday, February 18th. Sidoti analyst B. Mccarthy now anticipates that the company will post earnings of $0.71 per share for the quarter, up from their previous forecast of $0.64. The consensus estimate for Beneficient’s current full-year earnings is ($2.29) per share.

Several other research firms also recently issued reports on BENF. Weiss Ratings restated a “sell (e+)” rating on shares of Beneficient in a research report on Monday, December 29th. Wall Street Zen raised Beneficient to a “sell” rating in a report on Saturday, November 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Beneficient Stock Up 8.6%

BENF opened at $4.15 on Thursday. Beneficient has a 12 month low of $1.75 and a 12 month high of $12.48. The company has a 50 day moving average of $5.30 and a 200 day moving average of $4.62.

Hedge Funds Weigh In On Beneficient

An institutional investor recently raised its position in Beneficient stock. Geode Capital Management LLC grew its holdings in shares of Beneficient (NASDAQ:BENF) by 154.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154,257 shares of the company’s stock after acquiring an additional 93,709 shares during the quarter. Geode Capital Management LLC owned about 1.11% of Beneficient worth $1,084,000 at the end of the most recent quarter. 90.57% of the stock is owned by institutional investors.

Beneficient Company Profile

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks, and complete their transactions with standardized transaction agreements.