NASDAQ:LOPE

Grand Canyon Education (LOPE) Stock Forecast, Price & News

$118.02

+1.14 (+0.98%)

(As of 10/2/2023 ET)

Compare

Today's Range: $117.36
▼
$119.67
50-Day Range: $107.08
▼
$118.70
52-Week Range: $78.37
▼
$124.53

Volume: 235,941 shs
Average Volume: 189,452 shs
Market Capitalization: $3.57 billion

P/E Ratio: 19.16
Dividend Yield: N/A
Price Target: $133.00

Grand Canyon Education MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.7% Upside
$135.33 Price Target
Short Interest: Healthy
1.67% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.32
Upright™ Environmental Score
News Sentiment: 1.79
Based on 7 Articles This Week
Insider Trading: Selling Shares
$340,919 Sold Last Quarter
Proj. Earnings Growth: 7.78%
From $6.68 to $7.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Consumer Discretionary Sector

76th out of 276 stocks

Educational Services Industry

6th out of 24 stocks

2.5

Analyst's Opinion

Consensus Rating
Grand Canyon Education has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $135.33, Grand Canyon Education has a forecasted upside of 14.7% from its current price of $118.02.
Amount of Analyst Coverage
Grand Canyon Education has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.67% of the float of Grand Canyon Education has been sold short.
Short Interest Ratio / Days to Cover
Grand Canyon Education has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Grand Canyon Education has recently decreased by 4.93%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Grand Canyon Education does not currently pay a dividend.
Dividend Growth
Grand Canyon Education does not have a long track record of dividend growth.

4.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Grand Canyon Education has received a 71.88% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "E-learning platforms for higher education", "Private master's level tertiary education services", and "Private bachelor's level tertiary education services" products. See details.
Environmental Sustainability
The Environmental Impact score for Grand Canyon Education is -1.32.

3.8

News and Social Media Coverage

News Sentiment
Grand Canyon Education has a news sentiment score of 1.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Grand Canyon Education this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for LOPE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Grand Canyon Education to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grand Canyon Education insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $340,919.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Grand Canyon Education is held by insiders.
Percentage Held by Institutions
96.07% of the stock of Grand Canyon Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Grand Canyon Education are expected to grow by 7.78% in the coming year, from $6.68 to $7.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grand Canyon Education is 19.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grand Canyon Education is 19.16, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.19.
Price to Earnings Growth Ratio
Grand Canyon Education has a PEG Ratio of 1.17. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Grand Canyon Education has a P/B Ratio of 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Grand Canyon Education (NASDAQ:LOPE) Stock

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, market research, media planning and strategy, video, and business intelligence and data science; and back-office services comprising finance and accounting, human resources, audit, and procurement services. The company supports healthcare education programs for 27 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.

LOPE Price History

30 days | 90 days | 365 days | Advanced Chart

LOPE Stock News Headlines

September 28, 2023 | finance.yahoo.com

Grand Canyon Stock Forms Symmetric Pattern; Ready To Break Out?

September 18, 2023 | finance.yahoo.com

Grand Canyon Education (NASDAQ:LOPE) Is Achieving High Returns On Its Capital

October 2, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

August 30, 2023 | finance.yahoo.com

Grand Canyon (LOPE) Expects More Than 14% Enrollment in 2023

August 29, 2023 | seekingalpha.com

Grand Canyon Education: Positive Traction Warrants A Buy

August 28, 2023 | finance.yahoo.com

GRAND CANYON UNIVERSITY EXPECTING RECORD ENROLLMENT

August 8, 2023 | finance.yahoo.com

BlackRock Inc. Acquires Additional Shares in Grand Canyon Education Inc.

August 8, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Grand Canyon Education (LOPE) and Tyson Foods (TSN)

October 2, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.

August 7, 2023 | markets.businessinsider.com

BMO Capital Keeps Their Buy Rating on Grand Canyon Education (LOPE)

August 4, 2023 | markets.businessinsider.com

Barrington Keeps Their Buy Rating on Grand Canyon Education (LOPE)

August 4, 2023 | markets.businessinsider.com

GRAND CANYON EDUCATION, INC. REPORTS SECOND QUARTER 2023 RESULTS

July 21, 2023 | finance.yahoo.com

AFYA vs. LOPE: Which Stock Is the Better Value Option?

July 11, 2023 | finance.yahoo.com

Grand Canyon Education, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call Details

June 12, 2023 | seekingalpha.com

Grand Canyon Education: Investors Remain Unconvinced Despite Strong Expected Growth

June 2, 2023 | finance.yahoo.com

Grand Canyon Education (LOPE) Loses -8.11% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

June 1, 2023 | finance.yahoo.com

Grand Canyon Education (LOPE) Loses -9.36% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

May 27, 2023 | finance.yahoo.com

Grand Canyon Education's (NASDAQ:LOPE) earnings growth rate lags the 17% return delivered to shareholders

May 8, 2023 | msn.com

Grand Canyon Education's Return on Invested Capital Overview

May 4, 2023 | finance.yahoo.com

Grand Canyon Education, Inc. (LOPE) Hits Fresh High: Is There Still Room to Run?

May 3, 2023 | markets.businessinsider.com

4 Analysts Have This to Say About Grand Canyon Education

May 2, 2023 | msn.com

Grand Canyon Education GAAP EPS of $1.94 misses by $0.03, revenue of $250.12M beats by $0.38M

May 2, 2023 | markets.businessinsider.com

GRAND CANYON EDUCATION, INC. REPORTS FIRST QUARTER 2023 RESULTS

May 2, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of Grand Canyon Education, Inc. (NASDAQ:LOPE)

April 26, 2023 | msn.com

Grand Canyon guard signs with Texas Tech

April 25, 2023 | finance.yahoo.com

K12 (LRN) Q3 Earnings and Revenues Beat Estimates

April 19, 2023 | msn.com

Healthy snowpack provides water for long-delayed Grand Canyon environmental flood

See More Headlines

Receive LOPE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Grand Canyon Education and its competitors with MarketBeat's FREE daily newsletter.

LOPE Company Calendar

Last Earnings: 8/03/2023
Today: 10/02/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Educational services
Sub-Industry: Education Services
Sector: Consumer Discretionary
Current Symbol: NASDAQ:LOPE
CUSIP: 38526M10
CIK: 1434588
Web: www.gce.com
Phone: (602) 247-4400
Fax: 602-247-4400
Employees: 5,500
Year Founded: 1983

Price Target and Rating

Average Stock Price Forecast: $135.33
High Stock Price Forecast: $140.00
Low Stock Price Forecast: $126.00
Forecasted Upside/Downside: +12.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.16
Trailing P/E Ratio: 19.16
Forward P/E Ratio: 17.67
P/E Growth: 1.17
Net Income: $184.68 million
Net Margins: 20.42%
Pretax Margin: 26.17%
Return on Equity: 31.06%
Return on Assets: 23.58%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.78
Quick Ratio: 2.78

Sales & Book Value

Annual Sales: $911.31 million
Price / Sales: 3.92
Cash Flow: $7.24 per share
Price / Cash Flow: 16.30
Book Value: $20.47 per share
Price / Book: 5.77

Miscellaneous

Outstanding Shares: 30,270,000
Free Float: 29,670,000
Market Cap: $3.57 billion
Optionable: Optionable
Beta: 0.58

Social Links

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Mr. Brian E. Mueller (Age 69)
Chairman, Pres & CEO
Comp: $785.62k

Mr. Daniel E. Bachus (Age 53)
Chief Financial Officer
Comp: $810.55k

Dr. W. Stan Meyer (Age 62)
Chief Operating Officer
Comp: $815.96k

Ms. Dilek Marsh (Age 49)
Chief Technology Officer
Comp: $466.76k

Mr. Daniel J. Briggs (Age 63)
Chief Exec. Officer of Orbis Education Services
Comp: $484.28k

Ms. Lori Browning
Sr. VP, Controller & Chief Accounting Officer

Ms. Kathy J. Claypatch (Age 61)
Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LOPE Stock - Frequently Asked Questions

Should I buy or sell Grand Canyon Education stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grand Canyon Education in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LOPE shares.
View LOPE analyst ratings or view top-rated stocks.
What is Grand Canyon Education's stock price forecast for 2023?: 2 brokers have issued twelve-month target prices for Grand Canyon Education's stock. Their LOPE share price forecasts range from $126.00 to $140.00. On average, they anticipate the company's stock price to reach $135.33 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for LOPE or view top-rated stocks among Wall Street analysts.
How have LOPE shares performed in 2023?: Grand Canyon Education's stock was trading at $105.66 on January 1st, 2023. Since then, LOPE stock has increased by 11.7% and is now trading at $118.02.
View the best growth stocks for 2023 here.
When is Grand Canyon Education's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our LOPE earnings forecast.
How were Grand Canyon Education's earnings last quarter?: Grand Canyon Education, Inc. (NASDAQ:LOPE) released its quarterly earnings results on Thursday, August, 3rd. The company reported $1.01 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.14. The business earned $210.58 million during the quarter, compared to analysts' expectations of $208.09 million. Grand Canyon Education had a net margin of 20.42% and a trailing twelve-month return on equity of 31.06%. Grand Canyon Education's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 earnings per share.
What ETFs hold Grand Canyon Education's stock?: ETFs with the largest weight of Grand Canyon Education (NASDAQ:LOPE) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Harbor Small Cap Explorer ETF (QWST), LeaderShares AlphaFactor US Core Equity ETF (LSAF), Vanguard U.S. Minimum Volatility ETF (VFMV), Natixis Vaughan Nelson Mid Cap ETF (VNMC), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).
What guidance has Grand Canyon Education issued on next quarter's earnings?: Grand Canyon Education issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $6.59-$6.77 for the period, compared to the consensus EPS estimate of $6.47. The company issued revenue guidance of $948.70 million-$955.70 million, compared to the consensus revenue estimate of $952.77 million.
What is Brian Mueller's approval rating as Grand Canyon Education's CEO?: 474 employees have rated Grand Canyon Education Chief Executive Officer Brian Mueller on Glassdoor.com. Brian Mueller has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Grand Canyon Education own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Grand Canyon Education investors own include NVIDIA (NVDA), Shopify (SHOP), Mastercard (MA), Trade Desk (TTD), Arista Networks (ANET), Netflix (NFLX), Okta (OKTA), Twilio (TWLO), Alibaba Group (BABA) and PayPal (PYPL).
What is Grand Canyon Education's stock symbol?: Grand Canyon Education trades on the NASDAQ under the ticker symbol "LOPE."
How do I buy shares of Grand Canyon Education?: Shares of LOPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Grand Canyon Education's stock price today?: One share of LOPE stock can currently be purchased for approximately $118.02.
How much money does Grand Canyon Education make?: Grand Canyon Education (NASDAQ:LOPE) has a market capitalization of $3.57 billion and generates $911.31 million in revenue each year. The company earns $184.68 million in net income (profit) each year or $6.16 on an earnings per share basis.
How many employees does Grand Canyon Education have?: The company employs 5,500 workers across the globe.
Does Grand Canyon Education have any subsidiaries?: The following companies are subsidiares of Grand Canyon Education: Amigos de Torrejon LLC, Casa de Amistad LLC, El Vecino de Amigos LLC, GC Education Inc., La Fuente de la Comunidad LLC, La Sonrisa de Siena LLC, Mid-State Rental Properties LLC, Nueva Ventura LLC, Nuevo Comienzo LLC, Orbis Education, Orbis Education II LLC, Orbis Education Management Company LLC, Orbis Education Services LLC, Piedras Bonitas Inversiones LLC, REG 5160 LLC, Rentwise Properties LLC, and Tierra Vista Inversiones LLC.
Read More
How can I contact Grand Canyon Education?: Grand Canyon Education's mailing address is 2600 W. CAMELBACK ROAD, PHOENIX AZ, 85017. The official website for the company is www.gce.com. The company can be reached via phone at (602) 247-4400, via email at dan.bachus@gce.com, or via fax at 602-247-4400.

This page (NASDAQ:LOPE) was last updated on 10/2/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial