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:
- Sector: Retail/Wholesale
- Industry: Computer Hardware & Software Retailers
- Sub-Industry: Computer & Electronics Retail
- Symbol: NYSE:GME
- CUSIP: 36467W10
- Web: www.gamestop.com
- Market Cap: $2.10629 billion
- Outstanding Shares: 101,263,000
- 50 Day Moving Avg: $21.25
- 200 Day Moving Avg: $23.19
- 52 Week Range: $20.10 - $32.67
Sales & Book Value:
- Trailing P/E Ratio: 6.33
- Foreward P/E Ratio: 6.46
- P/E Growth: 0.83
- Annual Revenue: $8.68 billion
- Price / Sales: 0.25
- Book Value: $22.40 per share
- Price / Book: 0.95
- Annual Dividend: $1.52
- Dividend Yield: 7.3%
- EBIDTA: $762.4 million
- Net Margins: 3.99%
- Return on Equity: 17.55%
- Return on Assets: 8.12%
- Debt-to-Equity Ratio: 0.36%
- Current Ratio: 1.26%
- Quick Ratio: 0.43%
- Average Volume: 2.65 million shs.
- Beta: 1.2
- Short Ratio: 9.89
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, May 25th. Stockholders of record on Wednesday, June 7th will be paid a dividend of $0.38 per share on Tuesday, June 20th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date of this dividend is Monday, June 5th. View Gamestop Corporation's Dividend History.
How were Gamestop Corporation's earnings last quarter?
Gamestop Corporation (NYSE:GME) announced its quarterly earnings data on Thursday, May, 25th. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.12. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.96 billion. Gamestop Corporation had a return on equity of 17.55% and a net margin of 3.99%. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. 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 issued an update on its FY18 earnings guidance on Thursday, May, 25th. The company provided earnings per share guidance of 3.10-3.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.31.
Where is Gamestop Corporation's stock going? Where will Gamestop Corporation's stock price be in 2017?
15 brokerages have issued 1-year target prices for Gamestop Corporation's stock. Their forecasts range from $17.95 to $34.00. On average, they anticipate Gamestop Corporation's stock price to reach $25.50 in the next year. View Analyst Ratings for Gamestop Corporation.
What are 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 continued with its positive earnings surprise streak for the sixth straight quarter, as it reported first-quarter fiscal 2017 results. Moreover, sales also beat the estimate after missing the same in the preceding three quarters. To the surprise, the better-than-expected numbers did not impress investors, as GameStop kept its view intact citing delay in launch of "Red Dead Redemption: 2" and less visibility for the demand of Nintendo Switch for the entire year. Moreover, we noted that although top line grew year over year, bottom line continues to decline, as a result the stock has underperformed the industry in the past six months. GameStop continues to expect fiscal 2017 comps to be in the range of flat to down 5% and continues to forecast earnings in the range of $3.10–$3.40 per share. Meanwhile, management expects sturdy performance of Technology Brands and Collectibles to continue in fiscal 2017." (5/29/2017)
- 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)
Are investors shorting Gamestop Corporation?
Gamestop Corporation saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 26,283,046 shares, an increase of 18.7% from the May 31st total of 22,136,695 shares. Based on an average daily trading volume, of 2,712,287 shares, the short-interest ratio is currently 9.7 days. Approximately 26.5% of the shares of the company are short sold.
Who are some of Gamestop Corporation's key competitors?
Some companies that are related to Gamestop Corporation include Caseys General Stores (CASY), Tech Data Corporation (TECD), Signet Jewelers Limited (SIG), Cabela's (CAB), Bed Bath & Beyond (BBBY), Dick's Sporting Goods (DKS), Wayfair (W), Wendy's Company (The) (WEN), Williams-Sonoma (WSM), Cracker Barrel Old Country Store (CBRL), Penske Automotive Group (PAG), The Michaels Companies (MIK), Texas Roadhouse (TXRH), Sprouts Farmers Market (SFM), Office Depot (ODP), Tempur Sealy International (TPX), Performance Food Group Company (PFGC) and Aaron's, (AAN).
Who are Gamestop Corporation's key executives?
Gamestop Corporation's management team includes the folowing people:
- Daniel A. DeMatteo, Executive Chairman of the Board
- Julian Paul Raines, Chief Executive Officer, Director
- Robert Alan Lloyd CPA, Chief Financial Officer, Executive Vice President
- Tony D. Bartel, Chief Operating Officer
- Michael T. Buskey, Executive Vice President, Human Resources and ThinkGeek Stores
- Michael P. Hogan, Executive Vice President - Strategic Business and Brand Development
- Michael K. Mauler, Executive Vice President, President - GameStop International
- Troy W. Crawford, Senior Vice President, Chief Accounting Officer
- Lawrence S. Zilavy, Lead Independent Director
- Jerome L. Davis, Independent Director
Who owns Gamestop Corporation stock?
Gamestop Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.44%), Sprott Inc. (0.44%), Aperio Group LLC (0.40%), Meritage Portfolio Management (0.16%), Smith Salley & Associates (0.11%) and Quantitative Systematic Strategies LLC (0.09%). Company insiders that own Gamestop Corporation stock include Julian Paul Raines, Kathy P Vrabeck, Michael Mauler, Michael T Buskey, Robert Alan Lloyd, Stephanie M Shern, Steven R Koonin, Tony Bartel and Troy W Crawford. 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 Dalton Greiner Hartman Maher & Co., Nisa Investment Advisors LLC, Denali Advisors LLC, Hays Advisory LLC, Cutler Capital Management LLC, Bank of Montreal Can, Rothschild Investment Corp IL and Creative Planning. View Insider Buying and Selling for Gamestop Corporation.
Who bought Gamestop Corporation stock? Who is buying Gamestop Corporation stock?
Gamestop Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Aperio Group LLC, Quantitative Systematic Strategies LLC, Meritage Portfolio Management, Russell Investments Group Ltd., Berson & Corrado Investment Advisors LLC, Acadian Asset Management LLC, Greenleaf Trust and ING Groep NV. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gamestop Corporation's stock price today?
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.
One share of Gamestop Corporation stock can currently be purchased for approximately $21.26.
Consensus Ratings for Gamestop Corporation (NYSE:GME) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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, 7 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$25.50 (19.92% upside)|
Analysts' Ratings History for Gamestop Corporation (NYSE:GME)
(Data available from 7/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/20/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||Low|
|5/28/2017||Credit Suisse Group||Set Price Target||Hold||$20.00||Medium|
|5/28/2017||Robert W. Baird||Reiterated Rating||Outperform||$24.00||Medium|
|5/28/2017||Loop Capital||Reiterated Rating||Buy||$28.00||Medium|
|5/13/2017||Bank of America Corporation||Set Price Target||Hold||$24.00 -> $27.00||Medium|
|5/10/2017||Telsey Advisory Group||Upgrade||Market Perform -> Outperform||High|
|3/27/2017||Hilliard Lyons||Downgrade||Buy -> Neutral||Medium|
|3/25/2017||Wedbush||Set Price Target||Buy||$25.00||Low|
|3/24/2017||Benchmark Co.||Lower Price Target||Sell||$19.89 -> $17.95||High|
|1/17/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||N/A|
|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|
|8/30/2015||B. Riley||Reiterated Rating||Neutral||$44.00||N/A|
Earnings History 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|
|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: $3.37
(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:||6/20/2017|
|Dividend Growth:||10.40% (3 Year Average)|
|Payout Ratio:||44.97% (Trailing 12 Months of Earnings) |
45.92% (Based on This Year's Estimates)
46.20% (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)
Institutional Ownership Percentage: 99.62%
(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 (GME) Chart for Wednesday, July, 26, 2017