In recent trading session today, 1.22 million shares of the Gamestop Corporation (NYSE:GME) have been traded, and its beta is -0.09. Most recently the company’s share price was $20.95, and it changed around $0.05 or 0.24% from the last close, which brings the market valuation of the company to $8.94B. GME at last check was trading at a discount to its 52-week high of $64.83, offering almost -209.45% off that amount. The share price’s 52-week low was $9.95, which indicates that the recent value has risen by an impressive 52.51% since then. We note from Gamestop Corporation’s average daily trading volume that its 10-day average is 7.04 million shares, with the 3-month average coming to 10.45 million.

Gamestop Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 4.50. If we narrow it down even further, the data shows that 1 out of 12 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 7 recommended GME as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Gamestop Corporation is expected to report earnings per share of -0.03 for the current quarter.

Gamestop Corporation (NYSE:GME) trade information

Instantly GME has been showing a green trend so far today with a performance of 0.24% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 22.30 on recent trading dayincreased the stock’s daily price by 6.05%. The company’s shares are currently up 19.51% year-to-date, but still down -4.64% over the last five days. On the other hand, Gamestop Corporation (NYSE:GME) is -13.61% down in the 30-day period. We can see from the shorts that 36.55 million shares have been sold at a short interest cover period of 4.16 day(s).

The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to decrease their stock price by -16.39% from its current value. Analyst projections state that GME is forecast to be at a low of $11 and a high of $25.

Gamestop Corporation (GME) estimates and forecasts

Gamestop Corporation share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 90.28 percent over the past six months and at a -83.33% annual growth rate that is well below the industry average of 7.00%. The year-over-year growth rate is expected to be -22.90%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 887.7M in revenue for the current quarter. 2 analysts expect Gamestop Corporation to make 1.5B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -16.40%.

GME Dividends

Gamestop Corporation’s next quarterly earnings report is expected to be released on 2024-Dec-04. The average dividend yield for the past five years averaged 9.52 per year.

Gamestop Corporation (NYSE:GME)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 8.50% of Gamestop Corporation shares, and 22.14% of them are in the hands of institutional investors. The stock currently has a share float of 24.19%. Gamestop Corporation stock is held by 381.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.7086% of the shares, which is about 29.7 million shares worth $733.26 million.

BLACKROCK INC., with 7.3878% or 22.6 million shares worth $557.98 million as of 2024-06-30, holds the second largest percentage of outstanding shares.