Grand Canyon Education, Inc., together with its subsidiaries, provides education services in the United States and Canada. The company operates Grand Canyon University that offers approximately 225 graduate and undergraduate degree programs and certificates across 9 colleges online and on ground through campus in Phoenix, Arizona; leased facilities; and facilities owned by third party employers. As of December 31, 2017, it had approximately 90,300 students enrolled in its programs. The company was founded in 1949 and is based in Phoenix, Arizona.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
SymbolNASDAQ:LOPE
CUSIP38526M10
Phone602-639-7500
Debt
Debt-to-Equity Ratio0.06
Current Ratio1.66
Quick Ratio1.66
Price-To-Earnings
Trailing P/E Ratio30.10
Forward P/E Ratio25.85
P/E Growth1.57
Sales & Book Value
Annual Sales$974.13 million
Price / Sales5.90
Cash Flow$5.0910 per share
Price / Cash23.41
Book Value$20.49 per share
Price / Book5.82
Profitability
EPS (Most Recent Fiscal Year)$3.96
Net Income$203.31 million
Net Margins22.07%
Return on Equity22.00%
Return on Assets16.33%
Miscellaneous
Employees10,000
Outstanding Shares48,220,000
Market Cap$5,747.81
Grand Canyon Education (NASDAQ:LOPE) Frequently Asked Questions
What is Grand Canyon Education's stock symbol?
Grand Canyon Education trades on the NASDAQ under the ticker symbol "LOPE."
How were Grand Canyon Education's earnings last quarter?
Grand Canyon Education Inc (NASDAQ:LOPE) announced its quarterly earnings data on Wednesday, May, 2nd. The company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.13. The firm earned $275.68 million during the quarter, compared to analysts' expectations of $274.13 million. Grand Canyon Education had a net margin of 22.07% and a return on equity of 22.00%. The business's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.16 earnings per share. View Grand Canyon Education's Earnings History.
When is Grand Canyon Education's next earnings date?
What guidance has Grand Canyon Education issued on next quarter's earnings?
Grand Canyon Education updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $4.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.70. The company issued revenue guidance of $1055.70, compared to the consensus revenue estimate of $1.05 billion.Grand Canyon Education also updated its Q2 guidance to $0.85 EPS.
What price target have analysts set for LOPE?
4 analysts have issued 12 month target prices for Grand Canyon Education's shares. Their forecasts range from $105.00 to $142.00. On average, they expect Grand Canyon Education's share price to reach $126.25 in the next year. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Ratings for Grand Canyon Education.
What is the consensus analysts' recommendation for Grand Canyon Education?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grand Canyon Education in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Grand Canyon Education stock?
Here are some recent quotes from research analysts about Grand Canyon Education stock:
- 1. According to Zacks Investment Research, "Grand Canyon Education, Inc. is a regionally accredited provider of online postsecondary education services focused on offering graduate and undergraduate degree programs in its core disciplines of education, business, and healthcare. In addition to its online programs, it offers programs at its traditional campus in Phoenix, Arizona and onsite at the facilities of employers. " (7/4/2018)
- 2. Barrington Research analysts commented, "We believe this deal will be beneficial to long‐term shareholders as it would de‐risk LOPE as an investment (LOPE would no longer own a regulated postsecondary education institution) and position the new entity to trade more in line with other education technology providers. Post transition, LOPE will be a smaller company (60% of GCU’s revenue), higher margin, faster growing (as it adds university partners) and significantly less regulated, allowing for potential multiple expansion." (5/15/2018)
Who are some of Grand Canyon Education's key competitors?
Some companies that are related to Grand Canyon Education include TAL Education Group (TAL), New Oriental Education & Tech Grp (EDU), Chegg (CHGG), Adtalem Global Education (ATGE), Graham (GHC), Laureate International Universities (LAUR), Bright Scholar Education Holdngs (BEDU), Hailiang Education Group (HLG), OneSmart International Edun Gr (ONE), "Puxin Limited" (NEW), Strayer Education (STRA), Career Education (CECO), Capella Education (CPLA), Sunlands Online Education Group (STG) and American Public Education (APEI).
Who are Grand Canyon Education's key executives?
Grand Canyon Education's management team includes the folowing people:
- Mr. Brian E. Mueller, CEO & Chairman (Age 64)
- Mr. Daniel E. Bachus, Chief Financial Officer (Age 48)
- Mr. Joseph N. Mildenhall, Chief Information Officer (Age 64)
- Dr. W. Stan Meyer, Chief Operating Officer (Age 57)
Has Grand Canyon Education been receiving favorable news coverage?
Media coverage about LOPE stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Grand Canyon Education earned a media sentiment score of 0.15 on Accern's scale. They also gave headlines about the company an impact score of 46.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Grand Canyon Education's major shareholders?
Grand Canyon Education's stock is owned by many different of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (2.96%), Handelsbanken Fonder AB (2.47%), Conestoga Capital Advisors LLC (1.38%), Assenagon Asset Management S.A. (0.39%), Summit Creek Advisors LLC (0.33%) and James Investment Research Inc. (0.15%). Company insiders that own Grand Canyon Education stock include Brent D Richardson, Brian E Mueller, Brian M Roberts, Daniel E Bachus, Jack A Henry, Joseph N Mildenhall and William Stan Meyer. View Institutional Ownership Trends for Grand Canyon Education.
Which institutional investors are selling Grand Canyon Education stock?
LOPE stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Handelsbanken Fonder AB, Summit Creek Advisors LLC, Westpac Banking Corp, James Investment Research Inc. and Foundry Partners LLC. Company insiders that have sold Grand Canyon Education company stock in the last year include Joseph N Mildenhall and William Stan Meyer. View Insider Buying and Selling for Grand Canyon Education.
Which institutional investors are buying Grand Canyon Education stock?
LOPE stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Clinton Group Inc., Conestoga Capital Advisors LLC, Cornerstone Wealth Management LLC, Bank of Montreal Can, State of Alaska Department of Revenue, Amalgamated Bank and Hartford Investment Management Co.. View Insider Buying and Selling for Grand Canyon Education.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Grand Canyon Education's stock price today?
One share of LOPE stock can currently be purchased for approximately $119.18.
How big of a company is Grand Canyon Education?
Grand Canyon Education has a market capitalization of $5.75 billion and generates $974.13 million in revenue each year. The company earns $203.31 million in net income (profit) each year or $3.96 on an earnings per share basis. Grand Canyon Education employs 10,000 workers across the globe.
How can I contact Grand Canyon Education?
Grand Canyon Education's mailing address is 3300 W. CAMELBACK ROAD, PHOENIX AZ, 85017. The company can be reached via phone at 602-639-7500.
MarketBeat Community Rating for Grand Canyon Education (NASDAQ LOPE)
MarketBeat's community ratings are surveys of what our community members think about Grand Canyon Education and other stocks. Vote "Outperform" if you believe LOPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
