Equities Analysts Offer Predictions for LOPE FY2025 Earnings

Grand Canyon Education, Inc. (NASDAQ:LOPE) – Stock analysts at Barrington Research lowered their FY2025 earnings per share estimates for shares of Grand Canyon Education in a report released on Thursday, February 20th. Barrington Research analyst A. Paris now anticipates that the company will earn $8.64 per share for the year, down from their previous forecast of $8.81. Barrington Research has a “Outperform” rating and a $205.00 price objective on the stock. The consensus estimate for Grand Canyon Education’s current full-year earnings is $8.81 per share.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.02. The company had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%.

LOPE has been the subject of several other research reports. StockNews.com downgraded Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. BMO Capital Markets increased their target price on Grand Canyon Education from $181.00 to $202.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Robert W. Baird increased their target price on Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th.

Grand Canyon Education Stock Performance

LOPE opened at $181.70 on Monday. The company has a market cap of $5.22 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.42 and a beta of 0.74. The stock has a 50-day moving average of $171.04 and a 200-day moving average of $155.79. Grand Canyon Education has a 52-week low of $126.17 and a 52-week high of $192.18.

Insiders Place Their Bets

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total value of $249,105.00. Following the completion of the sale, the chief technology officer now owns 21,174 shares in the company, valued at approximately $3,516,366.18. This trade represents a 6.62 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of Grand Canyon Education

A number of hedge funds have recently modified their holdings of the company. Burgundy Asset Management Ltd. raised its holdings in shares of Grand Canyon Education by 1.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 885,118 shares of the company’s stock worth $144,982,000 after buying an additional 14,667 shares in the last quarter. CSS LLC IL raised its holdings in shares of Grand Canyon Education by 31.3% in the 4th quarter. CSS LLC IL now owns 2,814 shares of the company’s stock worth $461,000 after buying an additional 670 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Grand Canyon Education by 14.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 114,793 shares of the company’s stock worth $18,803,000 after buying an additional 14,624 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Grand Canyon Education in the 4th quarter worth approximately $7,713,000. Finally, Sovereign s Capital Management LLC acquired a new position in shares of Grand Canyon Education in the 4th quarter worth approximately $5,206,000. Institutional investors own 94.17% of the company’s stock.

About Grand Canyon Education

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.