Geron Corp (NASDAQ:GERN) has a beta value of 0.66 and has seen 18.19 million shares traded in the recent trading session. The company, currently valued at $999.94M, closed the recent trade at $1.57 per share which meant it lost -$0.02 on the day or -1.26% during that session. The GERN stock price is -240.13% off its 52-week high price of $5.34 and 7.01% above the 52-week low of $1.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.08 million shares traded. The 3-month trading volume is 14.86 million shares.
The consensus among analysts is that Geron Corp (GERN) is Buy stock at the moment, with a recommendation rating of 1.56. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.04.
Geron Corp (NASDAQ:GERN) trade information
Sporting -1.26% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GERN stock price touched $1.57 or saw a rise of 10.29%. Year-to-date, Geron Corp shares have moved -55.65%, while the 5-day performance has seen it change -7.65%. Over the past 30 days, the shares of Geron Corp (NASDAQ:GERN) have changed -8.19%. Short interest in the company has seen 45.63 million shares shorted with days to cover at 2.23.
Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 71.45% from the levels at last check today. The projected low price target is $4.0 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -409.55% off the targeted high while a plunge would see the stock gain -154.78% from the levels at last check today.
Geron Corp (GERN) estimates and forecasts
The company’s shares have lost -65.65% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 205.82%.
7 analysts offering their estimates for the company have set an average revenue estimate of 49.88M for the current quarter. 7 have an estimated revenue figure of 54.98M for the next ending quarter. Year-ago sales stood 304k and 882k respectively for this quarter and the next, and analysts expect sales will grow by 16,309.12% for the current quarter and 205.82% for the next. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.60% over the past 5 years.
GERN Dividends
Geron Corp is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Geron Corp (NASDAQ:GERN)’s Major holders
Insiders own 0.09% of the company shares, while shares held by institutions stand at 82.97% with a share float percentage of 83.05%. Investors are also buoyed by the number of investors in a company, with Geron Corp having a total of 366.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 46.55 million shares worth more than $197.38 million. As of 2024-06-30, BLACKROCK INC. held 7.1191% of shares outstanding.
The other major institutional holder is RA CAPITAL MANAGEMENT, L.P., with the holding of over 46.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $195.9 million and represent 7.0656% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. As of Dec 31, 2024, the former fund manager holds about 2.77% shares in the company for having 17.67 shares of worth $27.39 million while later fund manager owns 15.18 shares of worth $23.53 million as of Feb 28, 2025, which makes it owner of about 2.38% of company’s outstanding stock.
