NYSE:GRND

Grindr (GRND) Stock Forecast, Price & News

$5.69

-0.01 (-0.18%)

(As of 03:20 PM ET)

Compare

Today's Range: $5.63
▼
$5.84
50-Day Range: $4.69
▼
$6.34
52-Week Range: $4.49
▼
$71.51

Volume: 185,981 shs
Average Volume: 262,447 shs
Market Capitalization: $990.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Grindr MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
17.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.05
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$657,550 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.17 out of 5 stars

Computer And Technology Sector

583rd out of 599 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

55th out of 58 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Grindr.

2.0

Short Interest

Percentage of Shares Shorted
17.75% of the float of Grindr has been sold short.
Short Interest Ratio / Days to Cover
Grindr has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Grindr has recently increased by 10.93%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Grindr does not currently pay a dividend.
Dividend Growth
Grindr does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GRND.

1.7

News and Social Media Coverage

News Sentiment
Grindr has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Grindr this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for GRND on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grindr insiders have bought 57.31% more of their company's stock than they have sold. Specifically, they have bought $657,550.00 in company stock and sold $417,992.00 in company stock.
Percentage Held by Insiders
78.20% of the stock of Grindr is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.77% of the stock of Grindr is held by institutions.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
Grindr has a P/B Ratio of 286.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Grindr (NYSE:GRND) Stock

Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bisexual, transgender, and queer people to find and engage with each other, share content and experiences, and express themselves. It offers ad-supported service and a premium subscription version; and manages Blendr, a dating service application. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.

GRND Price History

30 days | 90 days | 365 days | Advanced Chart

GRND Stock News Headlines

September 26, 2023 | finance.yahoo.com

Grindr Adds Three Key Executives On the Heels of Record Quarter Driven by Deeper User Engagement and New Subscription Options

September 24, 2023 | americanbankingnews.com

Financial Review: Grindr (NYSE:GRND) & AdTheorent (NASDAQ:ADTH)

September 29, 2023 | Chaikin Analytics (Ad)

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September 7, 2023 | benzinga.com

517K Reasons To Be Bullish On Grindr Stock

September 6, 2023 | uk.news.yahoo.com

Grindr CEO heralds AI as way to revolutionize dating app use

August 28, 2023 | finance.yahoo.com

Director of Grindr George Raymond Zage Buys More Stock

August 22, 2023 | finance.yahoo.com

Grindr to Participate in the Goldman Sachs Communacopia and Technology Conference

August 19, 2023 | finance.yahoo.com

Grindr Inc. (NYSE:GRND) Q2 2023 Earnings Call Transcript

September 29, 2023 | Chaikin Analytics (Ad)

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August 18, 2023 | fool.com

Grindr (NYSE: GRND)

August 18, 2023 | finance.yahoo.com

Why Grindr Stock Popped This Week

August 15, 2023 | finance.yahoo.com

Why Grindr Stock Popped Today

August 15, 2023 | finance.yahoo.com

Rebel's Edge - August 15: $HD, $GRND, $SE, and Hard Knocks

August 14, 2023 | finance.yahoo.com

Grindr Inc. Reports Second Quarter 2023 Revenue Growth of 32%, Raises Guidance

August 8, 2023 | finance.yahoo.com

Grindr Reschedules Earnings Release and Conference Call

August 8, 2023 | seekingalpha.com

Grindr's Anticipated Q2 Financial Results Amidst Industry Momentum

August 3, 2023 | finance.yahoo.com

Grindr Announces Q&A Platform for Shareholders Ahead of Second Quarter 2023 Earnings Release

July 27, 2023 | finance.yahoo.com

Grindr Announces Date of Second Quarter 2023 Financial Results Earnings Call

June 27, 2023 | finance.yahoo.com

Shareholders in Grindr (NYSE:GRND) have lost 47%, as stock drops 12% this past week

June 23, 2023 | msn.com

Grindr went public 7 months ago. Here's what's happened since then

June 5, 2023 | msn.com

Grindr CEO Explains How to Navigate Pride After the Bud Light Controversy

June 1, 2023 | finance.yahoo.com

Grindr to Ring Closing Bell at the New York Stock Exchange

May 31, 2023 | finance.yahoo.com

Grindr Insider Ups Holding During Year

May 31, 2023 | finance.yahoo.com

Grindr Insider Ups Holding During Year \

May 15, 2023 | finance.yahoo.com

Grindr Inc. Reports First Quarter 2023 Earnings Results

May 10, 2023 | finance.yahoo.com

Grindr Launches Grindr Web Beta Increasing Accessibility and Ease of Use from Any Browser Anywhere

May 8, 2023 | finance.yahoo.com

Grindr Announces Q&A Platform for Shareholders Ahead of First Quarter 2023 Earnings Release

See More Headlines

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GRND Company Calendar

Last Earnings: 8/14/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:GRND
CUSIP: N/A
CIK: 1820144
Web: www.grindr.com
Phone: 310-776-6680
Fax: N/A
Employees: 174
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $850,000.00
Net Margins: N/A
Pretax Margin: -4.31%
Return on Equity: -3.03%
Return on Assets: -2.42%

Debt

Debt-to-Equity Ratio: 15.41
Current Ratio: 0.96
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $195.01 million
Price / Sales: 5.09
Cash Flow: $0.23 per share
Price / Cash Flow: 25.00
Book Value: $0.02 per share
Price / Book: 285.00

Miscellaneous

Outstanding Shares: 174,070,000
Free Float: 37,946,000
Market Cap: $992.20 million
Optionable: Not Optionable
Beta: 0.13

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Key Executives

Mr. George Arison (Age 44)
CEO & Exec. Director
Comp: $212.99k

Ms. Vandana Mehta-Krantz (Age 55)
Chief Financial Officer
Comp: $248.81k

Mr. Austin J. Balance (Age 36)
Chief Product Officer
Comp: $401.96k

Ms. Kye Chen (Age 45)
Chief Accounting Officer

William Shafton
VP of Bus. & Legal Affairs and Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GRND Stock - Frequently Asked Questions

How have GRND shares performed in 2023?: Grindr's stock was trading at $4.65 at the beginning of 2023. Since then, GRND shares have increased by 22.6% and is now trading at $5.70.
View the best growth stocks for 2023 here.
Are investors shorting Grindr?: Grindr saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 937,500 shares, an increase of 35.9% from the August 15th total of 690,000 shares. Based on an average daily volume of 378,600 shares, the short-interest ratio is currently 2.5 days. Currently, 18.8% of the shares of the stock are short sold.
View Grindr's Short Interest.
When is Grindr's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our GRND earnings forecast.
How were Grindr's earnings last quarter?: Grindr Inc. (NYSE:GRND) announced its quarterly earnings results on Monday, August, 14th. The company reported $0.13 earnings per share (EPS) for the quarter. The company earned $61.54 million during the quarter.
What guidance has Grindr issued on next quarter's earnings?: Grindr updated its FY 2023 earnings guidance on Monday, August, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $249.62M-.

What is Grindr's stock symbol?: Grindr trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRND."
How do I buy shares of Grindr?: Shares of GRND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Grindr's stock price today?: One share of GRND stock can currently be purchased for approximately $5.70.
How much money does Grindr make?: Grindr (NYSE:GRND) has a market capitalization of $992.20 million and generates $195.01 million in revenue each year.
How many employees does Grindr have?: The company employs 174 workers across the globe.
How can I contact Grindr?: Grindr's mailing address is LEVEL 40 10 COLLYER QUAY, SINGAPORE U0, 049315. The official website for the company is www.grindr.com. The company can be reached via phone at 310-776-6680 or via email at cfo@tigaacqusitioncorp.com.

This page (NYSE:GRND) was last updated on 9/29/2023 by MarketBeat.com Staff

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Grindr (GRND) Stock Forecast, Price & News

Grindr MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score