NYSE:GME - GameStop Stock Price, News, & Analysis

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$15.12 +0.39 (+2.65 %)
(As of 10/22/2018 04:00 PM ET)
Previous Close$14.73
Today's Range$14.69 - $15.22
52-Week Range$12.20 - $20.55
Volume2.31 million shs
Average Volume4.20 million shs
Market Capitalization$1.50 billion
P/E Ratio4.53
Dividend Yield10.09%
Beta1.28
GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. It operates in five segments: United States, Canada, Australia, Europe, and Technology Brands. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons; and digital products, such as downloadable content, network points cards, prepaid digital and prepaid subscription cards, and digitally downloadable software. It also sells wireless products, services, and accessories; collectibles, such as licensed merchandise primarily related to the video game, television, and movie industries, as well as pop culture themes; gaming-related print media, and mobile and consumer electronics products; PC entertainment software in various genres comprising sports, action, strategy, adventure/role playing, and simulation; and carry strategy guides, magazines, and interactive game figures. In addition, the company operates e-commerce sites under the GameStop, EB Games, Micromania, and ThinkGeek brands; collectibles stores under the Zing Pop Culture and ThinkGeek brands; and Spring Mobile, an authorized AT&T reseller operating AT&T branded wireless retail stores. Further, it provides Game Informer magazine, a print and digital video game publication; and operates Simply Mac, an authorized Apple reseller that sells Apple products, including desktop computers, laptops, tablets and smart phones, and related accessories and other consumer electronics products, as well as training, warranty, and repair services. As of March 28, 2018, the company operated approximately 7,200 stores across 14 countries. It primarily operates its stores under the GameStop, EB Games, and Micromania brands. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1994 and is headquartered in Grapevine, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Computer & software stores
Sub-IndustryComputer & Electronics Retail
SectorRetail/Wholesale
SymbolNYSE:GME
CUSIP36467W10
Phone817-424-2000

Debt

Debt-to-Equity Ratio0.39
Current Ratio1.45
Quick Ratio0.48

Price-To-Earnings

Trailing P/E Ratio4.53
Forward P/E Ratio4.96
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.22 billion
Price / Sales0.17
Cash Flow$4.9737 per share
Price / Cash3.04
Book Value$21.86 per share
Price / Book0.69

Profitability

EPS (Most Recent Fiscal Year)$3.34
Net Income$34.70 million
Net Margins-0.48%
Return on Equity13.78%
Return on Assets6.36%

Miscellaneous

Employees22,000
Outstanding Shares101,950,000
Market Cap$1.50 billion

GameStop (NYSE:GME) Frequently Asked Questions

What is GameStop's stock symbol?

GameStop trades on the New York Stock Exchange (NYSE) under the ticker symbol "GME."

How often does GameStop pay dividends? What is the dividend yield for GameStop?

GameStop announced a quarterly dividend on Thursday, September 6th. Shareholders of record on Tuesday, September 18th will be paid a dividend of $0.38 per share on Tuesday, October 2nd. This represents a $1.52 annualized dividend and a yield of 10.05%. The ex-dividend date is Monday, September 17th. View GameStop's Dividend History.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) announced its quarterly earnings results on Thursday, September, 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.03. The company had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.61 billion. GameStop had a positive return on equity of 13.78% and a negative net margin of 0.48%. The company's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 earnings per share. View GameStop's Earnings History.

When is GameStop's next earnings date?

GameStop is scheduled to release their next quarterly earnings announcement on Tuesday, November 20th 2018. View Earnings Estimates for GameStop.

What guidance has GameStop issued on next quarter's earnings?

GameStop updated its FY19 earnings guidance on Thursday, September, 6th. The company provided earnings per share (EPS) guidance of $3.00-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.09.

What price target have analysts set for GME?

9 equities research analysts have issued twelve-month target prices for GameStop's stock. Their forecasts range from $10.00 to $19.00. On average, they expect GameStop's share price to reach $14.50 in the next year. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for GameStop.

What is the consensus analysts' recommendation for GameStop?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for GameStop.

What are Wall Street analysts saying about GameStop stock?

Here are some recent quotes from research analysts about GameStop stock:
  • 1. According to Zacks Investment Research, "Shares of GameStop have outperformed the industry in the past three months. This can be attributable to the company’s confirmation that it is in exploratory talks, relating to a potential transaction. Further, GameStop has been undertaking several initiatives to augment revenues. Also, we are encouraged by the rise in sales of collectibles, buoyed by continued expansion of licensed merchandise offerings and unique product offerings. Though revenues outpaced estimates in second-quarter fiscal 2018, earnings lagged after three straight quarters of reporting a beat. Moreover, results declined year over year. Furthermore, comps dipped in the quarter due to a decline in sales at international locations. Moreover, Technology Brands has been witnessing soft sales, primarily owing to store closures. A gradual shift to digital and mobile downloads is also posing a threat to its software business. Nevertheless, management reiterated fiscal 2018 view." (9/10/2018)
  • 2. Wedbush analysts commented, "For 4Q17 results due Thurs, we expect revenues of $36.7M (consensus $36.1M), EBITDA of $28.3M (consensus $27.4M), and earnings per common unit of $0.21 (consensus $0.19), all above consensus. Already announced, a 4Q17 distribution of 0.4225 is unchanged, yielding 15.6% on an annual basis." (2/12/2018)

Are investors shorting GameStop?

GameStop saw a decrease in short interest during the month of September. As of September 14th, there was short interest totalling 33,049,840 shares, a decrease of 15.8% from the August 31st total of 39,264,736 shares. Based on an average daily volume of 5,843,456 shares, the short-interest ratio is presently 5.7 days. Currently, 33.2% of the shares of the stock are short sold. View GameStop's Current Options Chain.

Who are some of GameStop's key competitors?

Who are GameStop's key executives?

GameStop's management team includes the folowing people:
  • Mr. Daniel A. DeMatteo, Co-Founder & Exec. Chairman (Age 70)
  • Mr. Shane S. Kim, Interim CEO & Director (Age 55)
  • Mr. Robert A. Lloyd, CFO & COO (Age 56)
  • Mr. Troy W. Crawford, Sr. VP & Chief Accounting Officer (Age 50)
  • Mr. Daniel J. Kaufman, Exec. VP, Chief Legal & Admin. Officer and Corp. Sec. (Age 58)

Who are GameStop's major shareholders?

GameStop's stock is owned by a number of of retail and institutional investors. Top institutional investors include Aperio Group LLC (0.48%), Lingohr & Partner Asset Management GmbH (0.08%), Adams Asset Advisors LLC (0.06%), Cornerstone Wealth Management LLC (0.03%), Rothschild Investment Corp IL (0.02%) and Atria Investments LLC (0.01%). View Institutional Ownership Trends for GameStop.

Which major investors are selling GameStop stock?

GME stock was sold by a variety of institutional investors in the last quarter, including Aperio Group LLC, Adams Asset Advisors LLC, Lingohr & Partner Asset Management GmbH and Atria Investments LLC. View Insider Buying and Selling for GameStop.

Which major investors are buying GameStop stock?

GME stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC and Rothschild Investment Corp IL. View Insider Buying and Selling for GameStop.

How do I buy shares of GameStop?

Shares of GME 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 GameStop's stock price today?

One share of GME stock can currently be purchased for approximately $15.12.

How big of a company is GameStop?

GameStop has a market capitalization of $1.50 billion and generates $9.22 billion in revenue each year. The company earns $34.70 million in net income (profit) each year or $3.34 on an earnings per share basis. GameStop employs 22,000 workers across the globe.

What is GameStop's official website?

The official website for GameStop is http://www.gamestop.com.

How can I contact GameStop?

GameStop's mailing address is 625 WESTPORT PARKWAY, GRAPEVINE TX, 76051. The company can be reached via phone at 817-424-2000 or via email at [email protected]


MarketBeat Community Rating for GameStop (NYSE GME)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  1,022 (Vote Outperform)
Underperform Votes:  683 (Vote Underperform)
Total Votes:  1,705
MarketBeat's community ratings are surveys of what our community members think about GameStop and other stocks. Vote "Outperform" if you believe GME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GME will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2018 by MarketBeat.com Staff

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