NASDAQ:LOPEGrand Canyon Education Stock Price, Forecast & News

Grand Canyon Education's stock was trading at $75.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOPE stock has increased by 20.7% and is now trading at $90.80. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grand Canyon Education in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Grand Canyon Education.

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

Grand Canyon Education Inc (NASDAQ:LOPE) issued its earnings results on Thursday, May, 7th. The company reported $1.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.50 by $0.03. The business earned $221.70 million during the quarter, compared to analysts' expectations of $220.44 million. Grand Canyon Education had a return on equity of 18.85% and a net margin of 32.04%. The company's revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.62 earnings per share. View Grand Canyon Education's earnings history.

Grand Canyon Education issued an update on its second quarter earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of $0.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.88. The company issued revenue guidance of $179.7 million, compared to the consensus revenue estimate of $179.67 million.

4 analysts have issued twelve-month target prices for Grand Canyon Education's shares. Their forecasts range from $102.00 to $111.00. On average, they expect Grand Canyon Education's stock price to reach $107.67 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View analysts' price targets for Grand Canyon Education.

Headlines about LOPE stock have trended somewhat positive on Saturday, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Grand Canyon Education earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about Grand Canyon Education.

Grand Canyon Education saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,800,000 shares, an increase of 5.3% from the May 31st total of 2,660,000 shares. Based on an average daily volume of 505,000 shares, the days-to-cover ratio is currently 5.5 days. Approximately 6.0% of the shares of the company are sold short. View Grand Canyon Education's Current Options Chain.

Some companies that are related to Grand Canyon Education include Bright Horizons Family Solutions (BFAM), Strategic Education (STRA), Adtalem Global Education (ATGE), K12 (LRN), American Public Education (APEI), Universal Technical Institute (UTI), Lincoln Educational Services (LINC), National American University Holdngs (NAUH), Corinthian Colleges (COCOQ) and ITT Educational Services (ESINQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Grand Canyon Education investors own include NVIDIA (NVDA), Arista Networks (ANET), Shopify (SHOP), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Trade Desk (TTD), Mastercard (MA), Paycom Software (PAYC) and Square (SQ).

Grand Canyon Education trades on the NASDAQ under the ticker symbol "LOPE."

Grand Canyon Education's stock is owned by a variety of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.53%). Company insiders that own Grand Canyon Education stock include Brian E Mueller, Daniel E Bachus, Dilek Marsh, Joseph N Mildenhall and William Stan Meyer. View institutional ownership trends for Grand Canyon Education.

LOPE stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. View insider buying and selling activity for Grand Canyon Education.

Shares of LOPE 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 LOPE stock can currently be purchased for approximately $90.80.

Grand Canyon Education has a market capitalization of $4.30 billion and generates $778.64 million in revenue each year. The company earns $259.17 million in net income (profit) each year or $5.58 on an earnings per share basis. Grand Canyon Education employs 4,350 workers across the globe.

The official website for Grand Canyon Education is www.gce.com.

Grand Canyon Education's mailing address is 2600 W. CAMELBACK ROAD, PHOENIX AZ, 85017. The company can be reached via phone at 602-247-4400.