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 21.3% and is now trading at $91.25. 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 quarterly earnings data on Thursday, May, 7th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.03. The company earned $221.70 million during the quarter, compared to analyst estimates of $220.44 million. Grand Canyon Education had a net margin of 32.04% and a return on equity of 18.85%. The company's revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 EPS. View Grand Canyon Education's earnings history.

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

4 brokers have issued 1 year price objectives for Grand Canyon Education's stock. 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 18.0% from the stock's current price. View analysts' price targets for Grand Canyon Education.

Media headlines about LOPE stock have trended very negative on Thursday, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Grand Canyon Education earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news 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 company's share price in the near term. 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 trading volume of 505,000 shares, the short-interest ratio is currently 5.5 days. Currently, 6.0% of the shares of the stock are short sold. 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."

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 $91.25.

Grand Canyon Education has a market capitalization of $4.32 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.