About Gamestop Corporation (NYSE:GME)
GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories, which it refers to as video game products. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.
Industry, Sector and Symbol:
- Debt-to-Equity Ratio: 0.35%
- Current Ratio: 1.34%
- Quick Ratio: 0.49%
Sales & Book Value:
- Trailing P/E Ratio: 4.44
- Forward P/E Ratio: 4.94
- P/E Growth: 0.33
- Annual Sales: $8.6079 billion
- Price / Sales: 0.19
- Cash Flow: $5.51 per share
- Price / Cash: 2.96
- Book Value: $22.13 per share
- Price / Book: 0.74
- Annual Dividend: $1.52
- Dividend Yield: 9.5%
- Trailing EPS: $3.32
- Net Income: $353.2 million
- Net Margins: 3.90%
- Return on Equity: 16.66%
- Return on Assets: 7.65%
- Employees: 23,000
- Outstanding Shares: 101,310,000
Frequently Asked Questions for Gamestop Corporation (NYSE:GME)
What is Gamestop Corporation's stock symbol?
Gamestop Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "GME."
How often does Gamestop Corporation pay dividends? What is the dividend yield for Gamestop Corporation?
Gamestop Corporation declared a quarterly dividend on Thursday, August 24th. Investors of record on Friday, September 8th will be given a dividend of $0.38 per share on Thursday, September 21st. This represents a $1.52 annualized dividend and a yield of 9.32%. The ex-dividend date is Thursday, September 7th. View Gamestop Corporation's Dividend History.
How were Gamestop Corporation's earnings last quarter?
Gamestop Corporation (NYSE:GME) issued its quarterly earnings results on Thursday, August, 24th. The company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.01. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.64 billion. Gamestop Corporation had a return on equity of 16.66% and a net margin of 3.90%. Gamestop Corporation's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the firm posted $0.27 EPS. View Gamestop Corporation's Earnings History.
When will Gamestop Corporation make its next earnings announcement?
What guidance has Gamestop Corporation issued on next quarter's earnings?
Gamestop Corporation updated its FY18 earnings guidance on Thursday, August, 24th. The company provided earnings per share (EPS) guidance of $3.10-3.40 for the period, compared to the Thomson Reuters consensus estimate of $3.33.
Where is Gamestop Corporation's stock going? Where will Gamestop Corporation's stock price be in 2017?
14 brokers have issued 1-year target prices for Gamestop Corporation's shares. Their forecasts range from $17.95 to $34.00. On average, they anticipate Gamestop Corporation's share price to reach $24.83 in the next twelve months. View Analyst Ratings for Gamestop Corporation.
What are Wall Street analysts saying about Gamestop Corporation stock?
Here are some recent quotes from research analysts about Gamestop Corporation stock:
- 1. According to Zacks Investment Research, "GameStop has underperformed the industry in the past three months due to decline in the bottom line over the past quarters. In second-quarter fiscal 2017, the company not only missed the Zacks Consensus Estimate but also witnessed 44.4% decline in earnings. Management continues to expect earnings for fiscal 2017 in the range of $3.10-$3.40 per share, compared with fiscal 2016 earnings of $3.77. However, the top line continues to improve year over year. The company sales were driven by robust demand for Nintendo Switch and Collectibles as well as strong International sales. Moreover, gains in both Technology Brands and Collectibles continue to bode well. Further, it expects to enhance collectibles business to approximately $650-$700 million during fiscal 2017 and anticipates becoming a $1 billion business by the end of fiscal 2019. In the third quarter, Collectibles sales are forecasted to increase by 30-40%." (11/13/2017)
- 2. Hilliard Lyons analysts commented, "With a low valuation and high dividend yield, we have some attraction to the stock. However, the overriding factors in our downgrade are a change in direction for projected earnings (down rather than up),growing concern for the core videogame retailing business, our slightly less bullish view on the diversification strategy, and lower projected free cash flow for the current fiscal year. We consider the dividend, currently yielding 7.3%, adequately covered by cash flow. We have lowered our Suitability rating to 4 from 3 based on our latest views on company fundamentals and industry trends." (3/27/2017)
- 3. Wedbush analysts commented, "We expect shares to trade at a compressed EPS multiple until GameStop slows the decline in its core video game business.. we expect Q4 comps at or slightly above the high-end of guidance with EPS at least at the mid-point." (3/20/2017)
- 4. Mizuho analysts commented, "GME shares are down 10% based on news that Twitch will begin selling games and Microsoft's Xbox Game Pass will offer a new game subscription service. We think this move is overdone and we'd be buyers on this weakness. We wanted to share our initial thoughts." (2/28/2017)
- 5. Robert W. Baird analysts commented, "SSS declines (-18.7% Y/Y) were primarily driven by lower ASPs (discounting) without a corresponding increase in unit volumes. Consistent with our prior field checks, Black Friday/Thanksgiving-weekend promotions were heavier than anticipated, reflecting slow category sales of both hardware and software. While growth trends improved to some degree in December, store traffic did not improve to the degree necessary to offset the November shortfall. Maintain Outperform, new $24 price target." (1/17/2017)
Who are some of Gamestop Corporation's key competitors?
Some companies that are related to Gamestop Corporation include Extended Stay America (STAY), Sensient Technologies (SXT), Conduent (CNDT), Tallgrass Energy Partners, LP (TEP), WuXi PharmaTech (Cayman) (WX), Antero Midstr (AMGP), Deluxe Corporation (DLX), Peabody Energy Corporation (BTU), White Mountains Insurance Group (WTM), Black Knight InfoServ LLC (LPS), Empire State Realty Trust (ESRT), Physicians Realty Trust (DOC), Texas Pacific Land Trust (TPL), National Health Investors (NHI), John Wiley & Sons (JW.A), Manchester United (MANU), Ormat Technologies (ORA) and Bally Technologies (BYI).
Who are Gamestop Corporation's key executives?
Gamestop Corporation's management team includes the folowing people:
- Daniel A. DeMatteo, Executive Chairman of the Board, Interim Chief Executive Officer (Age 69)
- Robert Alan Lloyd CPA, Chief Financial Officer, Executive Vice President (Age 55)
- Tony D. Bartel, Chief Operating Officer (Age 53)
- Michael T. Buskey, Executive Vice President, Human Resources and ThinkGeek Stores (Age 68)
- Michael P. Hogan, Executive Vice President - Strategic Business and Brand Development (Age 58)
- Michael K. Mauler, Executive Vice President, President - GameStop International (Age 56)
- Troy W. Crawford, Senior Vice President, Chief Accounting Officer (Age 49)
- Lawrence S. Zilavy, Lead Independent Director (Age 66)
- Jerome L. Davis, Independent Director (Age 62)
- Thomas N. Kelly Jr., Independent Director (Age 70)
Who owns Gamestop Corporation stock?
Gamestop Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.43%), Bank of New York Mellon Corp (2.34%), Towle & Co. (1.47%), Prudential Financial Inc. (1.40%), Paradice Investment Management LLC (1.01%) and Advisors Asset Management Inc. (0.84%). Company insiders that own Gamestop Corporation stock include Michael Mauler, Stephanie M Shern and Steven R Koonin. View Institutional Ownership Trends for Gamestop Corporation.
Who sold Gamestop Corporation stock? Who is selling Gamestop Corporation stock?
Gamestop Corporation's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, State of New Jersey Common Pension Fund D, TD Asset Management Inc., Wells Fargo & Company MN, Prudential Financial Inc., Chartwell Investment Partners LLC, SkyBridge Capital II LLC and Heartland Advisors Inc.. View Insider Buying and Selling for Gamestop Corporation.
Who bought Gamestop Corporation stock? Who is buying Gamestop Corporation stock?
Gamestop Corporation's stock was bought by a variety of institutional investors in the last quarter, including OxFORD Asset Management LLP, Towle & Co., Point72 Asset Management L.P., Convergence Investment Partners LLC, Advisors Asset Management Inc., Fairbanks Capital Management Inc., Canada Pension Plan Investment Board and Aperio Group LLC. View Insider Buying and Selling for Gamestop Corporation.
How do I buy Gamestop Corporation stock?
Shares of Gamestop Corporation 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 Corporation's stock price today?
One share of Gamestop Corporation stock can currently be purchased for approximately $16.31.
How big of a company is Gamestop Corporation?
Gamestop Corporation has a market capitalization of $1.64 billion and generates $8.6079 billion in revenue each year. The company earns $353.2 million in net income (profit) each year or $3.32 on an earnings per share basis. Gamestop Corporation employs 23,000 workers across the globe.
How can I contact Gamestop Corporation?
Gamestop Corporation's mailing address is 625 Westport Pkwy, GRAPEVINE, TX 76051-6740, United States. The company can be reached via phone at +1-817-4242000 or via email at [email protected]
MarketBeat Community Rating for Gamestop Corporation (NYSE GME)MarketBeat's community ratings are surveys of what our community members think about Gamestop Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Gamestop Corporation (NYSE:GME) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 7 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.36)|
|Consensus Price Target: ||$24.83 (52.23% upside)|
Consensus Price Target History for Gamestop Corporation (NYSE:GME)
Analysts' Ratings History for Gamestop Corporation (NYSE:GME)
(Data available from 11/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/16/2017||Wedbush||Set Price Target||Buy||$25.00||N/A|
|10/17/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$25.00||N/A|
|9/26/2017||Robert W. Baird||Reiterated Rating||Buy||$24.00||Low|
|8/25/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||High|
|8/23/2017||Loop Capital||Reiterated Rating||Buy||$28.00||Medium|
|8/11/2017||Telsey Advisory Group||Downgrade||Outperform -> Market Perform||High|
|5/28/2017||Credit Suisse Group||Set Price Target||Hold||$20.00||Medium|
|5/13/2017||Bank of America Corporation||Set Price Target||Hold||$24.00 -> $27.00||Medium|
|3/27/2017||Hilliard Lyons||Downgrade||Buy -> Neutral||Medium|
|3/24/2017||Benchmark Co.||Lower Price Target||Sell||$19.89 -> $17.95||High|
|1/12/2017||Macquarie||Reiterated Rating||Outperform -> Neutral||$27.00 -> $23.00||N/A|
|12/29/2016||Standpoint Research||Upgrade||Hold -> Buy||$34.00||N/A|
|12/28/2016||Piper Jaffray Companies||Reiterated Rating||Neutral||$23.00||N/A|
|8/28/2016||Pacific Crest||Reiterated Rating||Hold||N/A|
|5/27/2016||Sterne Agee CRT||Reiterated Rating||Neutral||N/A|
|3/31/2016||Stifel Nicolaus||Reiterated Rating||Hold||N/A|
|3/27/2016||BB&T Corporation||Reiterated Rating||Buy||N/A|
|3/27/2016||Ascendiant Capital Markets||Lower Price Target||Buy||$32.00 -> $31.00||N/A|
|1/4/2016||Monness Crespi & Hardt||Downgrade||Buy -> Neutral||N/A|
Earnings History and Estimates Chart for Gamestop Corporation (NYSE:GME)
Earnings History by Quarter for Gamestop Corporation (NYSE GME)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/24/2017||Q2 2018||$0.16||$0.15||$1.64 billion||$1.69 billion||View||N/A|
|5/25/2017||Q1 17||$0.51||$0.63||$1.96 billion||$2.05 billion||View||N/A|
|3/23/2017||Q4 2017||$2.29||$2.38||$3.06 billion||$3.05 billion||View||N/A|
|11/22/2016||Q3 2017||$0.47||$0.49||$1.97 billion||$1.96 billion||View||Listen|
|8/25/2016||Q216||$0.27||$0.27||$1.73 billion||$1.63 billion||View||Listen|
|5/26/2016||Q116||$0.61||$0.66||$1.97 billion||$1.97 billion||View||Listen|
|3/24/2016||Q4||$2.25||$2.40||$3.57 billion||$3.53 billion||View||Listen|
|11/23/2015||Q315||$0.59||$0.54||$2.14 billion||$2.02 billion||View||Listen|
|8/27/2015||Q215||$0.24||$0.31||$1.73 billion||$1.76 billion||View||Listen|
|5/28/2015||Q115||$0.59||$0.68||$2.01 billion||$2.06 billion||View||Listen|
|3/26/2015||Q414||$2.17||$2.15||$3.63 billion||$3.48 billion||View||Listen|
|11/20/2014||Q314||$0.61||$0.57||$2.21 billion||$2.09 billion||View||Listen|
|8/21/2014||Q214||$0.19||$0.22||$1.64 billion||$1.73 billion||View||Listen|
|5/22/2014||Q114||$0.57||$0.59||$2.03 billion||$2.00 billion||View||Listen|
|3/27/2014||Q413||$1.93||$1.90||$3.79 billion||$3.68 billion||View||Listen|
|11/21/2013||Q313||$0.56||$0.58||$1.98 billion||$2.11 billion||View||Listen|
|8/22/2013||Q2 2013||$0.04||$0.09||$1.35 billion||$1.38 billion||View||Listen|
|5/23/2013||Q1 2013||$0.40||$0.46||$1.84 billion||$1.87 billion||View||Listen|
|3/28/2013||Q4 2012||$2.10||$2.16||$3.46 billion||$3.56 billion||View||Listen|
|11/15/2012||Q312||$0.33||$0.38||$1.79 million||$1.77 million||View||N/A|
Earnings Estimates for Gamestop Corporation (NYSE:GME)
2017 EPS Consensus Estimate: $5.71
2018 EPS Consensus Estimate: $3.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Gamestop Corporation (NYSE:GME)
|Most Recent Dividend:||9/21/2017|
|Dividend Growth:||10.40% (3 Year Average)|
|Payout Ratio:||45.78% (Trailing 12 Months of Earnings) |
46.06% (Based on This Year's Estimates)
46.48% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Gamestop Corporation (NYSE GME)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Gamestop Corporation (NYSE GME)
Insider Ownership Percentage: 2.80%
Insider Trades by Quarter for Gamestop Corporation (NYSE GME)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/13/2017||Stephanie M Shern||Director||Sell||4,000||$22.58||$90,320.00|| |
|9/15/2016||Michael Mauler||EVP||Buy||10,000||$26.91||$269,100.00|| |
|3/29/2016||Stephanie M Shern||Director||Sell||1,769||$31.19||$55,175.11|| |
|1/15/2016||Stephanie M Shern||Director||Sell||3,231||$25.47||$82,293.57|| |
|11/30/2015||Steven R Koonin||Director||Sell||1,250||$35.39||$44,237.50|| |
|10/20/2015||Julian Paul Raines||CEO||Sell||30,000||$45.00||$1,350,000.00|| |
|10/20/2015||Michael T Buskey||EVP||Sell||10,000||$45.00||$450,000.00|| |
|10/20/2015||Tony Bartel||COO||Sell||13,795||$45.00||$620,775.00|| |
|10/20/2015||Troy W Crawford||VP||Sell||5,000||$45.00||$225,000.00|| |
|9/21/2015||Kathy P Vrabeck||Director||Sell||5,000||$41.96||$209,800.00|| |
|9/21/2015||Michael Mauler||EVP||Sell||21,021||$41.97||$882,251.37|| |
|9/21/2015||Robert Alan Lloyd||VP||Sell||46,696||$41.97||$1,959,831.12|| |
|7/9/2015||R Richard Fontaine||Director||Sell||100,000||$46.84||$4,684,000.00|| |
|7/2/2015||Jerome L Davis||Director||Sell||6,500||$44.03||$286,195.00|| |
|6/19/2015||Steven R Koonin||Director||Sell||1,800||$43.37||$78,066.00|| |
|4/10/2015||Michael Mauler||EVP||Sell||20,000||$40.02||$800,400.00|| |
|3/30/2015||Steven R Koonin||Director||Sell||1,800||$37.91||$68,238.00|| |
|2/2/2015||Stephanie M Shern||Director||Sell||20,667||$35.10||$725,411.70|| |
|1/26/2015||Lawrence S Zilavy||Director||Sell||3,500||$38.06||$133,210.00|| |
|1/26/2015||Michael T Buskey||EVP||Sell||3,514||$38.22||$134,305.08|| |
|12/8/2014||Steven R Koonin||Director||Sell||1,800||$35.46||$63,828.00|| |
|10/1/2014||Lawrence S Zilavy||Director||Sell||3,500||$40.96||$143,360.00|| |
|9/19/2014||Daniel A Dematteo||Chairman||Sell||150,000||$43.63||$6,544,500.00|| |
|9/19/2014||Robert Alan Lloyd||VP||Sell||20,000||$43.63||$872,600.00|| |
|9/19/2014||Steven R Koonin||Director||Sell||1,800||$43.63||$78,534.00|| |
|7/17/2014||Steven R Koonin||Director||Sell||2,100||$41.26||$86,646.00|| |
|7/1/2014||Lawrence S Zilavy||Director||Sell||3,500||$40.49||$141,715.00|| |
|6/27/2014||R Richard Fontaine||Director||Sell||90,000||$40.42||$3,637,800.00|| |
|4/17/2014||Steven Koonin||Director||Sell||2,100||$40.64||$85,344.00|| |
|3/31/2014||Troy Crawford||VP||Sell||10,000||$40.52||$405,200.00|| |
|2/3/2014||Stephanie Shern||Director||Sell||5,703||$34.73||$198,065.19|| |
|12/12/2013||R Richard Fontaine||Director||Sell||82,000||$45.73||$3,749,860.00|| |
|10/17/2013||Steven R Koonin||Director||Sell||2,100||$51.53||$108,213.00|| |
|9/24/2013||Gerald Szczepanski||Director||Sell||128,000||$49.78||$6,371,840.00|| |
|9/24/2013||Tony Bartel||President||Sell||165,000||$49.89||$8,231,850.00|| |
|9/23/2013||Daniel Dematteo||Chairman||Sell||400,000||$49.62||$19,848,000.00|| |
|9/23/2013||Robert Alan Lloyd||VP||Sell||72,000||$49.71||$3,579,120.00|| |
|9/20/2013||Julian Paul Raines||CEO||Sell||110,000||$49.75||$5,472,500.00|| |
|9/20/2013||Michael Hogan||EVP||Sell||23,358||$49.79||$1,162,994.82|| |
|9/20/2013||Michael Mauler||VP||Sell||50,000||$49.76||$2,488,000.00|| |
|9/20/2013||Stephanie Shern||Director||Sell||1,950||$51.25||$99,937.50|| |
Headline Trends for Gamestop Corporation (NYSE:GME)
Latest Headlines for Gamestop Corporation (NYSE GME)
Gamestop Corporation (NYSE GME) Chart for Saturday, November, 18, 2017