Shares of Mobile Mini Inc (NASDAQ:MINI) have earned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $47.11.

MINI has been the topic of several research analyst reports. ValuEngine cut shares of Mobile Mini from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. BidaskClub cut shares of Mobile Mini from a “buy” rating to a “hold” rating in a research report on Friday, July 27th. Robert W. Baird upgraded shares of Mobile Mini from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $47.00 to $48.00 in a research report on Friday, July 27th. MED reiterated a “sell” rating on shares of Mobile Mini in a research report on Friday, July 27th. Finally, Credit Suisse Group began coverage on shares of Mobile Mini in a research report on Friday, August 10th. They set a “neutral” rating and a $45.00 price target on the stock.

Shares of Mobile Mini stock traded up $0.07 on Thursday, reaching $40.97. The stock had a trading volume of 2,772 shares, compared to its average volume of 244,779. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 0.38. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 35.59, a PEG ratio of 1.77 and a beta of 1.72. Mobile Mini has a 1 year low of $32.40 and a 1 year high of $50.40.

Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings data on Friday, October 19th. The industrial products company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.01. The company had revenue of $149.71 million for the quarter, compared to analysts’ expectations of $148.75 million. Mobile Mini had a net margin of 12.05% and a return on equity of 7.95%. Mobile Mini’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.25 earnings per share. On average, sell-side analysts predict that Mobile Mini will post 1.68 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 28th. Shareholders of record on Wednesday, November 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Tuesday, November 13th. Mobile Mini’s payout ratio is currently 86.21%.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. grew its position in Mobile Mini by 2.7% during the third quarter. BlackRock Inc. now owns 6,466,128 shares of the industrial products company’s stock valued at $283,539,000 after acquiring an additional 168,061 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Mobile Mini by 4.4% during the second quarter. Northern Trust Corp now owns 1,945,202 shares of the industrial products company’s stock valued at $91,230,000 after purchasing an additional 81,090 shares during the period. Riverbridge Partners LLC boosted its stake in shares of Mobile Mini by 6.7% during the third quarter. Riverbridge Partners LLC now owns 1,330,773 shares of the industrial products company’s stock valued at $58,354,000 after purchasing an additional 83,028 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Mobile Mini by 3.5% during the third quarter. Bank of New York Mellon Corp now owns 743,063 shares of the industrial products company’s stock valued at $32,584,000 after purchasing an additional 25,408 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Mobile Mini by 4.8% during the third quarter. Fisher Asset Management LLC now owns 596,537 shares of the industrial products company’s stock valued at $26,158,000 after purchasing an additional 27,225 shares during the period. Institutional investors and hedge funds own 99.61% of the company’s stock.

Mobile Mini Company Profile

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank and Pump Solutions. The company offers various portable storage and office products, such as steel storage containers and steel ground level offices serving retailers, construction companies, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for use in a range of applications, including storage of construction materials and equipment, retail and manufacturing inventory, maintenance supplies, documents and records, and household goods.

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Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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