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 Ratio26.46
Forward P/E Ratio21.47
P/E Growth1.35
Sales & Book Value
Annual Sales$974.13 million
Price / Sales5.18
Cash Flow$5.0618 per share
Price / Cash Flow20.70
Book Value$20.49 per share
Price / Book5.11
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$5.07 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) posted its quarterly earnings data on Thursday, November, 8th. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.07. The business earned $155.45 million during the quarter, compared to the consensus estimate of $153.31 million. Grand Canyon Education had a return on equity of 21.66% and a net margin of 23.60%. The firm's quarterly revenue was down 34.2% compared to the same quarter last year. During the same quarter in the prior year, the company 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 issued an update on its fourth quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $1.42 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 1-year target prices for Grand Canyon Education's shares. Their predictions range from $130.00 to $150.00. On average, they expect Grand Canyon Education's share price to reach $138.00 in the next year. This suggests a possible upside of 32.1% 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. " (11/14/2018)
- 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?
Media headlines about LOPE stock have trended positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Grand Canyon Education earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term.
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), Graham (GHC), Chegg (CHGG), Laureate Education (LAUR), Adtalem Global Education (ATGE), Strategic Education (STRA), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), K12 (LRN), Career Education (CECO), Puxin (NEW), American Public Education (APEI) and RISE Education Cayman (REDU).
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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.83%), Vanguard Group Inc (8.83%), FMR LLC (4.70%), BlackRock Inc. (4.08%), FIL Ltd (4.00%) and William Blair Investment Management LLC (3.55%). Company insiders that own Grand Canyon Education stock include Brian E Mueller, Brian M Roberts, Daniel E Bachus, Dilek Marsh, 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 FMR LLC, Dimensional Fund Advisors LP, Prudential Financial Inc., Teachers Advisors LLC, American Century Companies Inc., Capital Research Global Investors, Vanguard Group Inc. and Vanguard Group Inc. Company insiders that have sold Grand Canyon Education company stock in the last year include Brian E Mueller, Daniel E Bachus, Dilek Marsh, 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 bought by a variety of institutional investors in the last quarter, including Capital World Investors, Victory Capital Management Inc., Wells Fargo & Company MN, Renaissance Technologies LLC, Deutsche Bank AG, Eaton Vance Management, William Blair Investment Management LLC and Janus Henderson Group PLC. 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 $104.50.
How big of a company is Grand Canyon Education?
Grand Canyon Education has a market capitalization of $5.07 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.
