In the last trading session, 33.08 million shares of the Gamestop Corporation (NYSE:GME) were traded, and its beta was -0.61. Most recently the company’s share price was $35.01, and it changed around $1.98 or 5.99% from the last close, which brings the market valuation of the company to $15.66B. GME currently trades at a discount to its 52-week high of $48.00, offering almost -37.1% off that amount. The share price’s 52-week low was $17.70, which indicates that the current value has risen by an impressive 49.44% since then. We note from Gamestop Corporation’s average daily trading volume that its 10-day average is 14.36 million shares, with the 3-month average coming to 10.72 million.
Gamestop Corporation stock received a consensus recommendation rating of Sell, based on a mean score of 4.50. If we narrow it down even further, the data shows that 1 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GME as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Gamestop Corporation is expected to report earnings per share of 0.04 for the current quarter.
Gamestop Corporation (NYSE:GME) trade information
Instantly GME has showed a green trend with a performance of 5.99% 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 35.74 on recent trading dayincreased the stock’s daily price by 2.04%. The company’s shares are currently up 11.71% year-to-date, but still up 25.53% over the last five days. On the other hand, Gamestop Corporation (NYSE:GME) is 27.49% up in the 30-day period. We can see from the shorts that 48.71 million shares have been sold at a short interest cover period of 4.61 day(s).
The consensus price target as assigned by Wall Street analysts is $11.5, which translates to bulls needing to decrease their stock price by -204.43% from its current value. Analyst projections state that GME is forecast to be at a low of $11.5 and a high of $11.5.
Gamestop Corporation (GME) estimates and forecasts
The year-over-year growth rate is expected to be -6.92%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 754.23M in revenue for the current quarter. 2 analysts expect Gamestop Corporation to make 748.17M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 881.8M and 798.3M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -14.47%. Forecasts for the next quarter put sales growth at -6.28%.
Gamestop Corporation earnings are expected to increase by 42.42% in 2025, but the outlook is positive 12.51% per year for the next five years.
GME Dividends
Gamestop Corporation’s next quarterly earnings report is expected to be released on 2025-Mar-24. The average dividend yield for the past five years averaged 9.52 per year.
Gamestop Corporation (NYSE:GME)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.61% of Gamestop Corporation shares, and 34.55% of them are in the hands of institutional investors. The stock currently has a share float of 37.80%. Gamestop Corporation stock is held by 431.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 7.686% of the shares, which is about 29.7 million shares worth $733.26 million.
BLACKROCK INC., with 5.8487% or 22.6 million shares worth $557.98 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Apr 30, 2025 . The former held 13.16 shares worth $460.89 million, making up 2.94% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 12.6 shares worth around $441.13 million, which represents about 2.82% of the total shares outstanding.
