During the recent session, Genius Sports Limited (NYSE:GENI)’s traded shares were 0.95 million, with the beta value of the company hitting 1.98. At the last check today, the stock’s price was $10.52, reflecting an intraday loss of -3.00% or -$0.32. The 52-week high for the GENI share is $11.16, that puts it down -6.08 from that peak though still a striking 53.33% gain since the share price plummeted to a 52-week low of $4.91. The company’s market capitalization is $2.72B, and the average intraday trading volume over the past 10 days was 5.27 million shares, and the average trade volume was 3.14 million shares over the past three months.
Genius Sports Limited (GENI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.14. GENI has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 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 -0.02.
Genius Sports Limited (NYSE:GENI) trade information
Genius Sports Limited (GENI) registered a -3.00% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.00% in intraday trading to $10.52, hitting a weekly high. The stock’s 5-day price performance is 1.01%, and it has moved by 24.88% in 30 days. Based on these gigs, the overall price performance for the year is 83.51%. The short interest in Genius Sports Limited (NYSE:GENI) is 31.45 million shares and it means that shorts have 9.14 day(s) to cover.
The consensus price target of analysts on Wall Street is $14, which implies an increase of 24.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $15 respectively. As a result, GENI is trading at a discount of -42.59% off the target high and -23.57% off the low.
Genius Sports Limited (GENI) estimates and forecasts
In the rating firms’ projections, revenue will increase 21.39% 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 143.3M as predicted by 14 analyst(s). Meanwhile, a consensus of 14 analyst(s) estimates revenue growth to 115.98M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 119.72M and 95.45M respectively. In this case, analysts expect current quarter sales to grow by 19.70% and then jump by 21.51% in the coming quarter.
GENI Dividends
Genius Sports Limited is due to release its next quarterly earnings on 2025-Mar-03. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Genius Sports Limited (NYSE:GENI)’s Major holders
Genius Sports Limited insiders own 10.11% of total outstanding shares while institutional holders control 83.31%, with the float percentage being 92.68%. CALEDONIA (PRIVATE) INVESTMENTS PTY LTD is the largest shareholder of the company, while 220.0 institutions own stock in it. As of 2024-06-30, the company held over 20.15 million shares (or 8.7831% of all shares), a total value of $109.84 million in shares.
The next largest institutional holding, with 9.97 million shares, is of GRANAHAN INVESTMENT MANAGEMENT, LLC’s that is approximately 4.3439% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $54.32 million.
Also, the Mutual Funds coming in first place with the largest holdings of Genius Sports Limited (GENI) shares are SMALLCAP WORLD FUND INC and ARK ETF Trust-ARK Next Generation Internet ETF. Data provided on Dec 31, 2024 indicates that SMALLCAP WORLD FUND INC owns about 11.41 shares. This amounts to just over 5.30 percent of the company’s overall shares, with a $119.2 million market value. The same data shows that the other fund manager holds slightly less at 4.28, or about 1.99% of the stock, which is worth about $44.68 million.
