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

Sign in or create an account to add this stock to your watchlist.
$13.03 +0.24 (+1.88 %)
(As of 11/20/2018 06:57 AM ET)
Previous Close$12.79
Today's Range$12.77 - $13.16
52-Week Range$12.20 - $20.31
Volume3.45 million shs
Average Volume2.48 million shs
Market Capitalization$1.30 billion
P/E Ratio3.90
Dividend Yield11.88%
Beta1.13
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.

Receive GME News and Ratings via Email

Sign-up to receive the latest news and ratings for GME and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

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

Price-To-Earnings

Trailing P/E Ratio3.90
Forward P/E Ratio4.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.22 billion
Price / Sales0.14
Cash Flow$4.9356 per share
Price / Cash2.64
Book Value$21.86 per share
Price / Book0.60

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$1.30 billion
OptionableOptionable

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. Investors of record on Tuesday, September 18th will be given a dividend of $0.38 per share on Tuesday, October 2nd. This represents a $1.52 annualized dividend and a dividend yield of 11.67%. The ex-dividend date is Monday, September 17th. View GameStop's Dividend History.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) issued its quarterly earnings data on Thursday, September, 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.03. The business 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 business's revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. 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 issued an update on its FY19 earnings guidance on Thursday, September, 6th. The company provided earnings per share guidance of $3.00-3.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.09.

What price target have analysts set for GME?

9 brokerages have issued twelve-month target prices for GameStop's stock. Their predictions range from $10.00 to $19.00. On average, they anticipate GameStop's share price to reach $14.50 in the next year. This suggests a possible upside of 11.3% from the stock's current price. 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, "Although GameStop’s earnings missed estimates in second-quarter fiscal 2018, revenues beat the same. Also, earnings and revenues declined year over year. Well, dismal sales in new video game software, Technology Brands, pre-owned and value video game products hurt the company’s top line. Owing to top line decline, the company witnessed soft margins as both gross and operating margin contracted in the quarter. All these factors, along with management’s drab view for fiscal 2018 seems to have hurt GameStop’s stock that has underperformed the industry year to date. Nevertheless, GameStop has been undertaking several promotional activities to expand customer base. Also, we are encouraged by the rise in collectibles sales buoyed by continued expansion of licensed merchandise offerings and unique product offerings. Moreover, the company’s venture into digital, iDevice and gaming tablet businesses bodes well." (11/13/2018)
  • 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)

Has GameStop been receiving favorable news coverage?

News headlines about GME stock have trended positive on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GameStop earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting GameStop?

GameStop saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 26,644,451 shares, a decline of 17.3% from the September 28th total of 32,220,492 shares. Based on an average daily volume of 2,268,101 shares, the short-interest ratio is presently 11.7 days. Currently, 26.7% of the company's 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.52%), FMR LLC (14.27%), Dimensional Fund Advisors LP (7.10%), FIL Ltd (2.99%), Bank of New York Mellon Corp (2.97%) and LSV Asset Management (2.73%). View Institutional Ownership Trends for GameStop.

Which institutional investors are selling GameStop stock?

GME stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Wells Fargo & Company MN, FIL Ltd, Bridgewater Associates LP, JPMorgan Chase & Co., JPMorgan Chase & Co., American International Group Inc. and First Trust Advisors LP. View Insider Buying and Selling for GameStop.

Which institutional investors are buying GameStop stock?

GME stock was purchased by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., FMR LLC, Man Group plc, Vident Investment Advisory LLC, SG Americas Securities LLC, WINTON GROUP Ltd and Stelliam Investment Management LP. 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 $13.03.

How big of a company is GameStop?

GameStop has a market capitalization of $1.30 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:  1,030 (Vote Outperform)
Underperform Votes:  688 (Vote Underperform)
Total Votes:  1,718
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 11/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel