During the recent session, Gamestop Corporation (NYSE:GME)’s traded shares were 2.05 million, with the beta value of the company hitting -0.14. At the last check today, the stock’s price was $22.26, reflecting an intraday loss of -4.38% or -$1.02. The 52-week high for the GME share is $64.83, that puts it down -191.24 from that peak though still a striking 55.3% gain since the share price plummeted to a 52-week low of $9.95. The company’s market capitalization is $9.49B, and the average intraday trading volume over the past 10 days was 6.32 million shares, and the average trade volume was 8.34 million shares over the past three months.

Gamestop Corporation (GME) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 4.50. GME has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.

Gamestop Corporation (NYSE:GME) trade information

Gamestop Corporation (GME) registered a -4.38% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.38% in intraday trading to $22.26, hitting a weekly high. The stock’s 5-day price performance is 7.90%, and it has moved by 3.58% in 30 days. Based on these gigs, the overall price performance for the year is 61.66%. The short interest in Gamestop Corporation (NYSE:GME) is 35.96 million shares and it means that shorts have 3.83 day(s) to cover.

The consensus price target of analysts on Wall Street is $18, which implies a decrease of -23.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $25 respectively. As a result, GME is trading at a discount of -12.31% off the target high and 50.58% off the low.

Gamestop Corporation (GME) estimates and forecasts

Statistics show that Gamestop Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Gamestop Corporation (GME) shares have gone up 74.45% during the last six months, with a year-to-date growth rate less than the industry average at -83.33% against 6.60. In the rating firms’ projections, revenue will decrease -22.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 887.7M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.5B by the end of current fiscal year.

While earnings are projected to return -150.00% in 2024.

GME Dividends

Gamestop Corporation is due to release its next quarterly earnings on 2024-Dec-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 9.52%.

Gamestop Corporation (NYSE:GME)’s Major holders

Gamestop Corporation insiders own 8.49% of total outstanding shares while institutional holders control 22.29%, with the float percentage being 24.36%. VANGUARD GROUP INC is the largest shareholder of the company, while 379.0 institutions own stock in it. As of 2024-06-30, the company held over 29.7 million shares (or 9.7086% of all shares), a total value of $733.26 million in shares.

The next largest institutional holding, with 22.6 million shares, is of BLACKROCK INC.’s that is approximately 7.3878% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $557.98 million.