In the last trading session, 15.66 million shares of the Gamestop Corporation (NYSE:GME) were traded, and its beta was -0.02. Most recently the company’s share price was $26.93, and it changed around -$1.0 or -3.58% from the last close, which brings the market valuation of the company to $11.49B. GME currently trades at a discount to its 52-week high of $64.83, offering almost -140.74% off that amount. The share price’s 52-week low was $9.95, which indicates that the current value has risen by an impressive 63.05% since then. We note from Gamestop Corporation’s average daily trading volume that its 10-day average is 15.45 million shares, with the 3-month average coming to 10.90 million.

Gamestop Corporation stock received a consensus recommendation rating of Sell, based on a mean score of 4.50. If we narrow it down even further, the data shows that 1 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GME as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Gamestop Corporation is expected to report earnings per share of 0.09 for the current quarter.

Gamestop Corporation (NYSE:GME) trade information

Instantly GME has showed a red trend with a performance of -3.58% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 30.87 on recent trading dayincreased the stock’s daily price by 12.76%. The company’s shares are currently up 53.62% year-to-date, but still down -1.86% over the last five days. On the other hand, Gamestop Corporation (NYSE:GME) is 8.24% up in the 30-day period. We can see from the shorts that 31.87 million shares have been sold at a short interest cover period of 3.51 day(s).

The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to decrease their stock price by -144.82% from its current value. Analyst projections state that GME is forecast to be at a low of $11 and a high of $11.

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 fallen -11.68 percent over the past six months and at a -83.33% annual growth rate that is well below the industry average of 1.40%. The year-over-year growth rate is expected to be -22.87%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.5B in revenue for the current quarter. 2 analysts expect Gamestop Corporation to make 796.81M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.79B and 881.8M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -16.41%. Forecasts for the next quarter put sales growth at -9.64%.

GME Dividends

Gamestop Corporation’s next quarterly earnings report is expected to be released in January. 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 8.49% of Gamestop Corporation shares, and 28.70% of them are in the hands of institutional investors. The stock currently has a share float of 31.36%. Gamestop Corporation stock is held by 397.0 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.