During the last session, Green Plains Inc (NASDAQ:GPRE)’s traded shares were 1.18 million, with the beta value of the company hitting 1.44. At the end of the trading day, the stock’s price was $9.51, reflecting an intraday gain of 2.92% or $0.27. The 52-week high for the GPRE share is $25.24, that puts it down -165.4 from that peak though still a striking 7.36% gain since the share price plummeted to a 52-week low of $8.81. The company’s market capitalization is $614.84M, and the average intraday trading volume over the past 10 days was 1.56 million shares, and the average trade volume was 1.29 million shares over the past three months.
Green Plains Inc (GPRE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. GPRE has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.23.
Green Plains Inc (NASDAQ:GPRE) trade information
Green Plains Inc (GPRE) registered a 2.92% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.92% in intraday trading to $9.51, hitting a weekly high. The stock’s 5-day price performance is -1.45%, and it has moved by 3.15% in 30 days. Based on these gigs, the overall price performance for the year is -53.20%. The short interest in Green Plains Inc (NASDAQ:GPRE) is 6.49 million shares and it means that shorts have 5.52 day(s) to cover.
The consensus price target of analysts on Wall Street is $18, which implies an increase of 47.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17 and $28 respectively. As a result, GPRE is trading at a discount of -194.43% off the target high and -78.76% off the low.
Green Plains Inc (GPRE) estimates and forecasts
Statistics show that Green Plains Inc has outperformed its competitors in share price, compared to the industry in which it operates. Green Plains Inc (GPRE) shares have gone down -42.40% during the last six months, with a year-to-date growth rate more than the industry average at 67.47% against 10.00. In the rating firms’ projections, revenue will decrease -23.82% 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 640.29M as predicted by 7 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 674.52M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 712.39M and 597.21M respectively. In this case, analysts expect current quarter sales to shrink by -10.12% and then jump by 12.94% in the coming quarter.
While earnings are projected to return 46.23% in 2025.
GPRE Dividends
Green Plains Inc is due to release its next quarterly earnings in February. 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 2.59%.
Green Plains Inc (NASDAQ:GPRE)’s Major holders
Green Plains Inc insiders own 2.83% of total outstanding shares while institutional holders control 102.88%, with the float percentage being 105.87%. BLACKROCK INC. is the largest shareholder of the company, while 286.0 institutions own stock in it. As of 2024-06-30, the company held over 10.07 million shares (or 15.7471% of all shares), a total value of $159.67 million in shares.
The next largest institutional holding, with 6.07 million shares, is of GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC’s that is approximately 9.4913% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $96.24 million.
Also, the Mutual Funds coming in first place with the largest holdings of Green Plains Inc (GPRE) shares are iShares Core S&P Smallcap ETF and GMO Resources Fund . Data provided on Oct 31, 2024 indicates that iShares Core S&P Smallcap ETF owns about 4.09 shares. This amounts to just over 6.33 percent of the company’s overall shares, with a $38.94 million market value. The same data shows that the other fund manager holds slightly less at 2.05, or about 3.17% of the stock, which is worth about $19.47 million.
