Sidoti Csr Issues Negative Outlook for Beneficient Earnings

Beneficient (NASDAQ:BENF) – Analysts at Sidoti Csr reduced their FY2027 EPS estimates for shares of Beneficient in a research note issued to investors on Wednesday, February 19th. Sidoti Csr analyst B. Mccarthy now anticipates that the company will earn $1.20 per share for the year, down from their prior forecast of $1.30. The consensus estimate for Beneficient’s current full-year earnings is ($2.64) per share.

Beneficient Stock Down 4.5 %

Shares of BENF stock opened at $0.44 on Friday. Beneficient has a one year low of $0.43 and a one year high of $19.18. The company’s 50-day simple moving average is $0.66 and its 200-day simple moving average is $1.16.

Hedge Funds Weigh In On Beneficient

Several large investors have recently modified their holdings of BENF. State Street Corp acquired a new stake in Beneficient during the third quarter worth about $73,000. Jane Street Group LLC acquired a new stake in Beneficient during the fourth quarter worth about $39,000. Stifel Financial Corp raised its stake in Beneficient by 198.4% during the fourth quarter. Stifel Financial Corp now owns 72,500 shares of the company’s stock worth $54,000 after acquiring an additional 48,200 shares during the period. Ausdal Financial Partners Inc. raised its stake in Beneficient by 214.3% during the fourth quarter. Ausdal Financial Partners Inc. now owns 63,379 shares of the company’s stock worth $47,000 after acquiring an additional 43,217 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Beneficient during the fourth quarter worth about $28,000. Institutional investors own 90.57% of the company’s stock.

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.