In the last trading session, 2.69 million shares of the Green Plains Inc (NASDAQ:GPRE) were traded, and its beta was 1.52. Most recently the company’s share price was $6.20, and it changed around -$0.31 or -4.69% from the last close, which brings the market valuation of the company to $401.33M. GPRE currently trades at a discount to its 52-week high of $24.84, offering almost -300.65% off that amount. The share price’s 52-week low was $6.23, which indicates that the current value has fallen by an impressive -0.48% since then. We note from Green Plains Inc’s average daily trading volume that its 10-day average is 2.04 million shares, with the 3-month average coming to 1.36 million.
Green Plains Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.80. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended GPRE as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Green Plains Inc is expected to report earnings per share of -0.65 for the current quarter.
Green Plains Inc (NASDAQ:GPRE) trade information
Instantly GPRE has showed a red trend with a performance of -4.69% 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 8.79 on recent trading dayincreased the stock’s daily price by 29.47%. The company’s shares are currently down -34.60% year-to-date, but still down -28.65% over the last five days. On the other hand, Green Plains Inc (NASDAQ:GPRE) is -35.68% down in the 30-day period. We can see from the shorts that 6.4 million shares have been sold at a short interest cover period of 4.83 day(s).
The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 73.04% from its current value. Analyst projections state that GPRE is forecast to be at a low of $18 and a high of $28.
Green Plains Inc (GPRE) estimates and forecasts
The year-over-year growth rate is expected to be 3.05%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 588.59M in revenue for the current quarter. 6 analysts expect Green Plains Inc to make 621.05M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 597.21M and 618.83M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.44%. Forecasts for the next quarter put sales growth at 0.36%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 21.65%.
GPRE Dividends
Green Plains Inc’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 2.59 per year.
Green Plains Inc (NASDAQ:GPRE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.83% of Green Plains Inc shares, and 103.74% of them are in the hands of institutional investors. The stock currently has a share float of 106.76%. Green Plains Inc stock is held by 288.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 15.7471% of the shares, which is about 10.07 million shares worth $159.67 million.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, with 9.4913% or 6.07 million shares worth $96.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 4.09 shares worth $25.39 million, making up 6.33% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.94 shares worth around $12.04 million, which represents about 3.00% of the total shares outstanding.
