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
Current SymbolNASDAQ:LOPE
Previous Symbol
CUSIP38526M10
Phone602-247-4400
Debt
Debt-to-Equity Ratio0.05
Current Ratio4.65
Quick Ratio4.65
Price-To-Earnings
Trailing P/E Ratio31.64
Forward P/E Ratio27.30
P/E Growth1.75
Sales & Book Value
Annual Sales$974.13 million
Price / Sales6.19
Cash Flow$4.9667 per share
Price / Cash25.23
Book Value$20.49 per share
Price / Book6.12
Profitability
EPS (Most Recent Fiscal Year)$3.96
Net Income$203.31 million
Net Margins23.60%
Return on Equity21.66%
Return on Assets17.31%
Miscellaneous
Employees10,000
Outstanding Shares48,130,000
Market Cap$6.18 billion
OptionableOptionable
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) released its quarterly earnings results on Thursday, November, 8th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.07. The firm earned $155.45 million during the quarter, compared to the consensus estimate of $153.31 million. Grand Canyon Education had a net margin of 23.60% and a return on equity of 21.66%. The company's revenue for the quarter was down 34.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 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 fourth quarter earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of $1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.40. The company issued revenue guidance of $175 million, compared to the consensus revenue estimate of $175.15 million.Grand Canyon Education also updated its FY 2018 guidance to $4.59-4.59 EPS.
What price target have analysts set for LOPE?
4 brokerages have issued 12 month price objectives for Grand Canyon Education's stock. Their forecasts range from $130.00 to $150.00. On average, they expect Grand Canyon Education's stock price to reach $140.75 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Grand Canyon Education.
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. " (11/13/2018)
- 2. Barrington Research analysts commented, "We believe this deal will be beneficial to long‐term shareholders as it de‐risks LOPE as an investment (as LOPE no longer owns a regulated postsecondary education institution) and positions the new LOPE 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 over time) and significantly less regulated, allowing for potential multiple expansion." (10/5/2018)
Has Grand Canyon Education been receiving favorable news coverage?
News articles about LOPE stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Grand Canyon Education earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
Are investors shorting Grand Canyon Education?
Grand Canyon Education saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 393,936 shares, a decrease of 34.9% from the October 15th total of 604,763 shares. Based on an average trading volume of 323,581 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the shares of the stock are sold short. View Grand Canyon Education's Current Options Chain.
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), Laureate Education (LAUR), Graham (GHC), Adtalem Global Education (ATGE), Chegg (CHGG), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), Strategic Education (STRA), OneSmart International Edun Gr (ONE), K12 (LRN), Career Education (CECO), Puxin (NEW), RISE Education Cayman (REDU) 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, Pres & 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)
- Ms. Dilek Marsh, Chief Data Officer
Who are Grand Canyon Education's major shareholders?
Grand Canyon Education's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (4.70%), BlackRock Inc. (4.08%), FIL Ltd (4.00%), William Blair Investment Management LLC (3.55%), Alliancebernstein L.P. (3.11%) and Riverbridge Partners LLC (2.87%). Company insiders that own Grand Canyon Education stock include 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 major investors are selling Grand Canyon Education stock?
LOPE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Prudential Financial Inc., American Century Companies Inc., BlackRock Inc., Acadian Asset Management LLC, Robeco Institutional Asset Management B.V. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Grand Canyon Education.
Which major investors are buying Grand Canyon Education stock?
LOPE stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Wells Fargo & Company MN, Eaton Vance Management, William Blair Investment Management LLC, Janus Henderson Group PLC, Conestoga Capital Advisors LLC, Artemis Investment Management LLP and FIL Ltd. 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 $125.27.
How big of a company is Grand Canyon Education?
Grand Canyon Education has a market capitalization of $6.18 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.
What is Grand Canyon Education's official website?
How can I contact Grand Canyon Education?
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.
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.
