Brokers Offer Predictions for FG Nexus FY2025 Earnings

FG Nexus Inc (NASDAQ:FGNX) – Stock analysts at Litchfield Hills Research issued their FY2025 EPS estimates for shares of FG Nexus in a report released on Tuesday, November 11th. Litchfield Hills Research analyst T. O’neill anticipates that the company will post earnings of ($0.30) per share for the year. Litchfield Hills Research currently has a “Buy” rating and a $12.00 target price on the stock. Litchfield Hills Research also issued estimates for FG Nexus’ FY2026 earnings at $0.18 EPS and FY2027 earnings at $0.31 EPS.

Other equities analysts have also issued reports about the company. ThinkEquity initiated coverage on FG Nexus in a research report on Monday, October 6th. They set a “buy” rating for the company. B. Riley began coverage on FG Nexus in a research note on Wednesday, October 15th. They issued a “buy” rating and a $8.00 price target on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of FG Nexus in a research report on Wednesday, October 8th. Wall Street Zen upgraded FG Nexus to a “hold” rating in a report on Saturday, August 30th. Finally, Zacks Research upgraded shares of FG Nexus to a “hold” rating in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $10.00.

FG Nexus Trading Down 5.8%

FG Nexus stock opened at $2.60 on Thursday. FG Nexus has a 1 year low of $2.55 and a 1 year high of $41.25. The company’s 50-day simple moving average is $5.06. The firm has a market cap of $104 million, a P/E ratio of -0.30 and a beta of 0.78.

FG Nexus (NASDAQ:FGNX) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.08.

FG Nexus Company Profile

FG Financial Group, Inc operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee.