Marathon Digital Holdings Stock Today
MARA Stock | USD 27.42 0.50 1.86% |
Performance13 of 100
| Odds Of DistressLess than 5
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Marathon Digital is trading at 27.42 as of the 30th of November 2024, a 1.86 percent increase since the beginning of the trading day. The stock's open price was 26.92. Marathon Digital has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Marathon Digital Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 4th of May 2012 | Category Financial Services | Classification Information Technology |
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada. The company has 321.83 M outstanding shares of which 64.81 M shares are now shorted by private and institutional investors with about 1.2 trading days to cover. More on Marathon Digital Holdings
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Marathon Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Thematic Idea | Blockchain (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Application Software, Software & Services, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Blockchain, Information Technology, Software, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMarathon Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Marathon Digital's financial leverage. It provides some insight into what part of Marathon Digital's total assets is financed by creditors.
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Marathon Digital Holdings (MARA) is traded on NASDAQ Exchange in USA. It is located in 101 NE Third Avenue, Fort Lauderdale, FL, United States, 33301 and employs 60 people. Marathon Digital is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.82 B. Marathon Digital Holdings conducts business under Software sector and is part of Information Technology industry. The entity has 321.83 M outstanding shares of which 64.81 M shares are now shorted by private and institutional investors with about 1.2 trading days to cover.
Marathon Digital Holdings currently holds about 86.46 M in cash with (315.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Check Marathon Digital Probability Of Bankruptcy
Ownership AllocationMarathon Digital Holdings maintains a total of 321.83 Million outstanding shares. Over half of Marathon Digital's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Marathon Stock Institutional Holders
Instituion | Recorded On | Shares | |
Goldman Sachs Group Inc | 2024-06-30 | 2.3 M | |
Norges Bank | 2024-06-30 | 2.2 M | |
Bank Of New York Mellon Corp | 2024-06-30 | 2 M | |
Jpmorgan Chase & Co | 2024-06-30 | 1.8 M | |
First Trust Advisors L.p. | 2024-06-30 | 1.7 M | |
Tidal Investments Llc. | 2024-09-30 | 1.5 M | |
Principal Financial Group Inc | 2024-09-30 | 1.4 M | |
Simplex Trading, Llc | 2024-06-30 | 1.4 M | |
Millennium Management Llc | 2024-06-30 | 1.3 M | |
Blackrock Inc | 2024-06-30 | 43 M | |
Vanguard Group Inc | 2024-09-30 | 36.1 M |
Marathon Digital Historical Income Statement
Marathon Stock Against Markets
Marathon Digital Corporate Management
Narenderkumar Madnani | Managing Expansion | Profile | |
Adam Swick | Chief Officer | Profile | |
Ashu Swami | Chief Officer | Profile | |
Zabi Nowaid | General Secretary | Profile | |
Robert Samuels | Vice Relations | Profile | |
William Beam | Controller | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Digital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Digital. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.764 | Earnings Share 0.83 | Revenue Per Share 2.257 | Quarterly Revenue Growth 0.345 | Return On Assets (0.01) |
The market value of Marathon Digital Holdings is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Digital's value that differs from its market value or its book value, called intrinsic value, which is Marathon Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Digital's market value can be influenced by many factors that don't directly affect Marathon Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.