Grand Canyon Education (NASDAQ:LOPE – Get Free Report) had its price objective dropped by investment analysts at BMO Capital Markets from $198.00 to $185.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 21.19% from the stock’s current price.
A number of other analysts also recently issued reports on LOPE. Barrington Research reissued an “outperform” rating and set a $230.00 price objective on shares of Grand Canyon Education in a research report on Thursday, April 16th. Weiss Ratings downgraded shares of Grand Canyon Education from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 25th. Finally, Truist Financial set a $100.00 price objective on shares of Grand Canyon Education in a report on Tuesday, June 9th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.67.
Get Our Latest Research Report on LOPE
Grand Canyon Education Stock Performance
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.08. The business had revenue of $308.76 million for the quarter, compared to the consensus estimate of $307.75 million. Grand Canyon Education had a return on equity of 34.72% and a net margin of 19.54%.The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.57 earnings per share. On average, sell-side analysts predict that Grand Canyon Education will post 10.04 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can increased its stake in shares of Grand Canyon Education by 6,102.7% during the fourth quarter. Bank of Montreal Can now owns 480,460 shares of the company’s stock worth $79,905,000 after buying an additional 472,714 shares during the period. Norges Bank acquired a new stake in shares of Grand Canyon Education in the 4th quarter valued at $61,919,000. William Blair Investment Management LLC raised its holdings in shares of Grand Canyon Education by 281.9% in the 4th quarter. William Blair Investment Management LLC now owns 453,140 shares of the company’s stock valued at $75,362,000 after purchasing an additional 334,486 shares in the last quarter. Reinhart Partners LLC. lifted its position in shares of Grand Canyon Education by 135.3% during the 4th quarter. Reinhart Partners LLC. now owns 518,914 shares of the company’s stock worth $86,303,000 after purchasing an additional 298,409 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Grand Canyon Education by 523.1% during the fourth quarter. UBS Group AG now owns 194,634 shares of the company’s stock worth $32,370,000 after purchasing an additional 163,397 shares in the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.
Grand Canyon Education Company Profile
Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.
Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.
Read More
- Five stocks we like better than Grand Canyon Education
- Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks
- Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure
- This Under-the-Radar Industrial Is Quietly Powering AI
- Why Microsoft Looks Like the Best Big Tech Trade for H2 2026
Receive News & Ratings for Grand Canyon Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand Canyon Education and related companies with MarketBeat.com's FREE daily email newsletter.
