In the last trading session, 3.67 million shares of the Genius Sports Limited (NYSE:GENI) were traded, and its beta was 2.02. Most recently the company’s share price was $11.08, and it changed around $0.04 or 0.36% from the last close, which brings the market valuation of the company to $2.86B. GENI currently trades at a discount to its 52-week high of $11.04, offering almost 0.36% off that amount. The share price’s 52-week low was $4.91, which indicates that the current value has risen by an impressive 55.69% since then. We note from Genius Sports Limited’s average daily trading volume that its 10-day average is 5.09 million shares, with the 3-month average coming to 3.06 million.
Genius Sports Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.14. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended GENI as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Genius Sports Limited is expected to report earnings per share of -0.02 for the current quarter.
Genius Sports Limited (NYSE:GENI) trade information
Instantly GENI has showed a green trend with a performance of 0.36% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.16 on recent trading dayincreased the stock’s daily price by 0.72%. The company’s shares are currently up 28.09% year-to-date, but still up 18.50% over the last five days. On the other hand, Genius Sports Limited (NYSE:GENI) is 26.92% up in the 30-day period. We can see from the shorts that 30.92 million shares have been sold at a short interest cover period of 15.48 day(s).
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 20.86% from its current value. Analyst projections state that GENI is forecast to be at a low of $13 and a high of $15.
Genius Sports Limited (GENI) estimates and forecasts
The year-over-year growth rate is expected to be 21.39%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of 143.3M in revenue for the current quarter. 14 analysts expect Genius Sports Limited to make 115.98M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 119.72M and 95.45M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 19.70%. Forecasts for the next quarter put sales growth at 21.51%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.71%.
GENI Dividends
Genius Sports Limited’s next quarterly earnings report is expected to be released on 2025-Mar-03.
Genius Sports Limited (NYSE:GENI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.11% of Genius Sports Limited shares, and 83.31% of them are in the hands of institutional investors. The stock currently has a share float of 92.68%. Genius Sports Limited stock is held by 219.0 institutions, with CALEDONIA (PRIVATE) INVESTMENTS PTY LTD being the largest institutional investor. By 2024-06-30, it held 8.7831% of the shares, which is about 20.15 million shares worth $109.84 million.
GRANAHAN INVESTMENT MANAGEMENT, LLC, with 4.3439% or 9.97 million shares worth $54.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SMALLCAP WORLD FUND INC and ARK Next Generation Internet ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 11.41 shares worth $126.45 million, making up 5.30% of all outstanding shares. On the other hand, ARK Next Generation Internet ETF held roughly 4.28 shares worth around $47.4 million, which represents about 1.99% of the total shares outstanding.
