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

Sign in or create an account to add this stock to your watchlist.
$13.23 -0.45 (-3.29 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$13.68
Today's Range$12.83 - $13.44
52-Week Range$12.14 - $20.31
Volume2.79 million shs
Average Volume4.11 million shs
Market Capitalization$1.39 billion
P/E Ratio3.96
Dividend Yield11.21%
Beta1.17
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 Ratio0.30
Current Ratio1.10
Quick Ratio0.30

Price-To-Earnings

Trailing P/E Ratio3.96
Forward P/E Ratio4.90
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.22 billion
Price / Sales0.15
Cash Flow$4.6749 per share
Price / Cash Flow2.83
Book Value$21.86 per share
Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)$3.34
Net Income$34.70 million
Net Margins-6.45%
Return on Equity15.72%
Return on Assets6.93%

Miscellaneous

Employees22,000
Outstanding Shares101,950,000
Market Cap$1.39 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 declared a quarterly dividend on Friday, November 30th. Investors of record on Tuesday, December 11th will be paid a dividend of $0.38 per share on Friday, December 21st. This represents a $1.52 dividend on an annualized basis and a yield of 11.49%. The ex-dividend date is Monday, December 10th. View GameStop's Dividend History.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) issued its quarterly earnings data on Thursday, November, 29th. The company reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.11. The company earned $2.08 billion during the quarter, compared to the consensus estimate of $2.03 billion. GameStop had a negative net margin of 6.45% and a positive return on equity of 15.72%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.54 EPS. View GameStop's Earnings History.

When is GameStop's next earnings date?

GameStop is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. 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, November, 29th. The company provided EPS guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus estimate of $3.06. GameStop also updated its FY 2018 guidance to $2.55-2.75 EPS.

What price target have analysts set for GME?

8 analysts have issued 12 month price targets for GameStop's shares. Their predictions range from $10.00 to $18.00. On average, they anticipate GameStop's stock price to reach $15.1250 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for GameStop.

What is the consensus analysts' recommendation for GameStop?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last year. There are currently 1 sell rating, 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 not only increased but also outpaced the industry in the past three months. This rise can be primarily attributable to company’s confirmation that it is holding exploratory talks relating to a potential transaction. GameStop has been undertaking several initiatives to augment revenues. Further, we are encouraged by the rise in collectibles sales buoyed by continued expansion of licensed merchandise offerings and unique product offerings. However, Technology Brands has been witnessing soft sales, primarily owing to store closures. Additionally, lower net sales led to dismal margins in the quarter. Although top line beat the Zacks Consensus Estimate in the second quarter fiscal 2018, the bottom line lagged. We note that both sales and earnings declined year over year. Moreover, comps dipped due to a decline in sales at international locations. Additionally, management reiterated fiscal 2018 view." (11/29/2018)
  • 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 been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GameStop earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the next few days.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.52%), FMR LLC (14.27%), Vanguard Group Inc. (9.87%), Dimensional Fund Advisors LP (7.10%), FIL Ltd (2.99%) and Bank of New York Mellon Corp (2.97%). 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 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 major investors are buying GameStop stock?

GME stock was acquired by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Marshall Wace North America L.P., FMR LLC, Man Group plc, Vident Investment Advisory LLC, SG Americas Securities LLC and Vanguard Group Inc.. 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 $13.23.

How big of a company is GameStop?

GameStop has a market capitalization of $1.39 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:  1,041 (Vote Outperform)
Underperform Votes:  697 (Vote Underperform)
Total Votes:  1,738
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 12/10/2018 by MarketBeat.com Staff

Featured Article: What is Depreciation?

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