Gamestop Corporation (NYSE:GME) has a beta value of -0.66 and has seen 2.59 million shares traded in the recent trading session. The company, currently valued at $11.90B, closed the recent trade at $26.61 per share which meant it lost -$0.17 on the day or -0.63% during that session. The GME stock price is -143.63% off its 52-week high price of $64.83 and 62.38% above the 52-week low of $10.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.11 million shares traded. The 3-month trading volume is 9.62 million shares.
The consensus among analysts is that Gamestop Corporation (GME) is Hold stock at the moment, with a recommendation rating of 4.50. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 8 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
Gamestop Corporation (NYSE:GME) trade information
Sporting -0.63% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GME stock price touched $26.61 or saw a rise of 2.81%. Year-to-date, Gamestop Corporation shares have moved -15.09%, while the 5-day performance has seen it change 0.80%. Over the past 30 days, the shares of Gamestop Corporation (NYSE:GME) have changed 13.19%. Short interest in the company has seen 47.56 million shares shorted with days to cover at 3.62.
Wall Street analysts have a consensus price target for the stock at $11.5, which means that the shares’ value could drop -131.39% from the levels at last check today.. The projected low price target is $11.5 while the price target rests at a high of $11.5. In that case, then, we find that the latest price level in today’s session is 56.78% off the targeted high while a plunge would see the stock lose 56.78% from the levels at last check today..
Gamestop Corporation (GME) estimates and forecasts
The company’s shares have gained 22.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -6.92%.
2 analysts offering their estimates for the company have set an average revenue estimate of 754.23M for the current quarter. 2 have an estimated revenue figure of 748.17M for the next ending quarter. Year-ago sales stood 881.8M and 798.3M respectively for this quarter and the next, and analysts expect sales will shrink by -14.47% for the current quarter and -6.92% for the next.
Earnings growth for 2025 is a modest 42.42% while over the next 5 years, the company’s earnings are expected to increase by 12.51%.
GME Dividends
Gamestop Corporation is expected to release its next earnings report on 2025-Mar-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gamestop Corporation (NYSE:GME)’s Major holders
Insiders own 8.62% of the company shares, while shares held by institutions stand at 33.06% with a share float percentage of 36.18%. Investors are also buoyed by the number of investors in a company, with Gamestop Corporation having a total of 427.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 29.7 million shares worth more than $733.26 million. As of 2024-06-30, VANGUARD GROUP INC held 9.7086% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 22.6 million shares as of 2024-06-30. The firm’s total holdings are worth over $557.98 million and represent 5.8487% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.97% shares in the company for having 13.28 shares of worth $352.72 million while later fund manager owns 12.6 shares of worth $334.66 million as of Dec 31, 2024 , which makes it owner of about 2.82% of company’s outstanding stock.
