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
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 Ratio28.42
Forward P/E Ratio23.30
P/E Growth1.66
Sales & Book Value
Annual Sales$974.13 million
Price / Sales5.57
Cash Flow$4.9368 per share
Price / Cash22.80
Book Value$20.49 per share
Price / Book5.49
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
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 results on Wednesday, May, 2nd. The company reported $1.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.39 by $0.13. The company had revenue of $275.68 million for the quarter, compared to the consensus estimate of $274.13 million. Grand Canyon Education had a net margin of 22.07% and a return on equity of 22.00%. The firm's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.16 EPS. 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 earnings per share (EPS) guidance of $4.82 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued 12 month target prices for Grand Canyon Education's stock. Their predictions range from $97.00 to $115.00. On average, they expect Grand Canyon Education's share price to reach $107.75 in the next twelve months. 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. " (5/26/2018)
- 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)
Are investors shorting Grand Canyon Education?
Grand Canyon Education saw a drop in short interest in May. As of May 31st, there was short interest totalling 254,037 shares, a drop of 56.0% from the May 15th total of 577,810 shares. Based on an average daily volume of 253,301 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company's stock are short sold. 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), Graham (GHC), Chegg (CHGG), Laureate International Universities (LAUR), Adtalem Global Education (ATGE), Bright Scholar Education Holdngs (BEDU), Hailiang Education Group (HLG), OneSmart International Edun Gr (ONE), Strayer Education (STRA), Capella Education (CPLA), Career Education (CECO), Sunlands Online Education Group (STG), 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 & Chairman (Age 64)
- Mr. Daniel E. Bachus, Chief Financial Officer (Age 48)
- Mr. Joseph N. Mildenhall, Chief Information Officer (Age 64)
- Mr. Brian M. Roberts, Sr. VP, Gen. Counsel & Company Sec. (Age 45)
- Dr. W. Stan Meyer, Chief Operating Officer (Age 57)
Has Grand Canyon Education been receiving favorable news coverage?
Headlines about LOPE stock have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Grand Canyon Education earned a coverage optimism score of 0.03 on Accern's scale. They also gave media coverage about the company an impact score of 44.15 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Grand Canyon Education's major shareholders?
Grand Canyon Education's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (10.41%), BlackRock Inc. (6.20%), Van Berkom & Associates Inc. (2.84%), Handelsbanken Fonder AB (2.59%), Handelsbanken Fonder AB (2.59%) and Royal Bank of Canada (2.18%). 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 BlackRock Inc., Massachusetts Financial Services Co. MA, Dimensional Fund Advisors LP, GW&K Investment Management LLC, Mckinley Capital Management LLC Delaware, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V. and Sei Investments Co.. Company insiders that have sold Grand Canyon Education company stock in the last year include Brian E Mueller, Daniel E Bachus, 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 Summit Trail Advisors LLC, Harvest Capital Strategies LLC, Lord Abbett & CO. LLC, Eaton Vance Management, Price Capital Management Inc., Hsbc Holdings PLC, Amtrust Financial Services Inc. and Schwab Charles Investment Management Inc.. 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 $112.56.
How big of a company is Grand Canyon Education?
Grand Canyon Education has a market capitalization of $5.60 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 (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.
