NASDAQ:GSKYGreenSky Stock Price, Forecast & News

GreenSky's stock was trading at $5.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GSKY stock has decreased by 30.1% and is now trading at $4.02. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GreenSky in the last year. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GreenSky.

GreenSky is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for GreenSky.

GreenSky Inc (NASDAQ:GSKY) released its earnings results on Monday, May, 11th. The company reported ($0.05) EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.10. The business earned $121.20 million during the quarter, compared to the consensus estimate of $123.70 million. GreenSky had a net margin of 4.71% and a negative return on equity of 60.67%. The company's revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 earnings per share. View GreenSky's earnings history.

7 brokerages have issued 1-year price targets for GreenSky's stock. Their forecasts range from $3.25 to $7.00. On average, they expect GreenSky's share price to reach $4.25 in the next year. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for GreenSky.

News headlines about GSKY stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GreenSky earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGreenSky.

GreenSky saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 11,850,000 shares, a decline of 12.4% from the April 15th total of 13,530,000 shares. Based on an average daily trading volume, of 955,600 shares, the days-to-cover ratio is presently 12.4 days. Currently, 27.9% of the shares of the stock are sold short. View GreenSky's Current Options Chain.

Some companies that are related to GreenSky include HMS (HMSY), WNS (WNS), Alliance Data Systems (ADS), ExlService (EXLS), Wageworks (WAGE), Fiverr International (FVRR), EVO Payments (EVOP), CIELO S A/S (CIOXY), Tabula Rasa HealthCare (TRHC), CBIZ (CBZ), Cardtronics (CATM), Phreesia (PHR), Radware (RDWR), Repay (RPAY) and Qiwi (QIWI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GreenSky investors own include AT&T (T), AbbVie (ABBV), Alibaba Group (BABA), Cronos Group (CRON), Cisco Systems (CSCO), General Electric (GE), Altria Group (MO), Advanced Micro Devices (AMD), Bank of America (BAC) and Blackstone Group (BX).

(GSKY) raised $750 million in an initial public offering (IPO) on Thursday, May 24th 2018. The company issued 34,100,000 shares at a price of $21.00-$23.00 per share. Goldman Sachs, J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Citigroup, Credit Suisse and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Raymond James, Sandler O’Neill + Partners, Fifth Third Securities and Guggenheim Securities were co-managers.

GreenSky trades on the NASDAQ under the ticker symbol "GSKY."

GreenSky's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (1.63%), Morgan Stanley (1.37%), Morgan Stanley (1.37%), BlackRock Inc. (0.52%), Geode Capital Management LLC (0.21%) and Par Capital Management Inc. (0.19%). Company insiders that own GreenSky stock include Dennis I Kelly, Gregg Steven Freishtat, Nigel W Morris and Tpg Growth Ii Advisors, Inc. View institutional ownership trends for GreenSky.

GSKY stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Par Capital Management Inc., Schroder Investment Management Group, Two Sigma Advisers LP, BlackRock Inc., State Street Corp, WINTON GROUP Ltd, and Bank of New York Mellon Corp. View insider buying and selling activity for GreenSky.

GSKY stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, SG Americas Securities LLC, Geode Capital Management LLC, Invesco Ltd., Requisite Capital Management LLC, Wells Fargo & Company MN, and Aigen Investment Management LP. Company insiders that have bought GreenSky stock in the last two years include Dennis I Kelly, and Nigel W Morris. View insider buying and selling activity for GreenSky.

Shares of GSKY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GSKY stock can currently be purchased for approximately $4.02.

GreenSky has a market capitalization of $722.17 million and generates $529.65 million in revenue each year. The company earns $31.98 million in net income (profit) each year or $0.57 on an earnings per share basis. GreenSky employs 1,174 workers across the globe.

The official website for GreenSky is www.greenskycredit.com.

GreenSky's mailing address is 5565 GLENRIDGE CONNECTOR SUITE 700, ATLANTA GA, 30342. The company can be reached via phone at 678-264-6105.