Mobile Infrastructure Corp (BEEP)

Mobile Infrastructure Corp. reported Q3 2025 revenue of $9.1 million, a 7.1% year-over-year decrease, with net operating income falling to $5.5 million from $6.1 million, and Adjusted EBITDA also declined by 10% to $3.9 million, and RevPASS fell by 7.1% to $212. The company completed a $100 million asset-backed securitization refinancing. Residential monthly parking contracts increased by 75% year-over-year. The board declared monthly cash dividends on its preferred stock in January 2026. Wall Street Zen downgraded the stock to a "Strong Sell" rating in December 2025. The company's common stock began trading on The Nasdaq Stock Market LLC under the ticker "BEEP" on May 23, 2025.

The first quarter is typically the slowest for Mobile Infrastructure Corp. Monthly or contract parking helps smooth out the seasonality in transient parking demand. Adverse weather and construction can lower transient parking volumes. Improvements are anticipated in 2026 due to urban projects and return-to-office trends.

Mobile Infrastructure Corp. operates in the Real Estate sector, focusing on acquiring, owning, and leasing parking facilities. As of September 30, 2025, it owned 40 parking facilities with 15,100 spaces and 5.2 million square feet in 20 markets, plus 0.2 million square feet of retail/commercial space. The company is shifting from leased agreements to management contracts.

Mobile Infrastructure Corp. has a diversified portfolio of parking assets throughout the United States. As of September 30, 2025, its 40 parking facilities were located in 20 separate markets, focusing on the top 50 MSAs with diverse demand drivers, including Houston, Denver, Cincinnati, and Nashville.

Mobile Infrastructure Corp. holds a "Hold" consensus rating from Wall Street analysts, based on two buy ratings and one sell rating, with an average rating score of 2.33. MarketBeat's MarketRank™ scored the company higher than 46% of evaluated companies, ranking it 681st out of 902 stocks in the finance sector.

Mobile Infrastructure Corporation has 106 institutional owners and shareholders, holding a total of 27,603,827 shares. Major institutional owners include No Street GP LP, BlackRock, Inc., Vanguard Group Inc., and Geode Capital Management, Llc, collectively holding 64.41% of the total shares outstanding.