Grand Canyon Education, Inc. (NASDAQ:LOPE) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect Grand Canyon Education to post earnings of $0.76 per share for the quarter. Grand Canyon Education has set its Q3 guidance at $0.75 EPS and its Q4 guidance at $1.08 EPS.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings data on Tuesday, August 1st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.68 by $0.15. The firm had revenue of $218.30 million for the quarter, compared to analyst estimates of $213.08 million. Grand Canyon Education had a return on equity of 21.77% and a net margin of 18.77%. The company’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. On average, analysts expect Grand Canyon Education to post $3.83 EPS for the current fiscal year and $4.07 EPS for the next fiscal year.

Grand Canyon Education, Inc. (NASDAQ:LOPE) opened at 89.03 on Tuesday. Grand Canyon Education, Inc. has a 12 month low of $41.31 and a 12 month high of $93.08. The stock’s 50 day moving average price is $86.27 and its 200 day moving average price is $79.83. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 24.57 and a beta of 1.39.

In other Grand Canyon Education news, insider Joseph N. Mildenhall sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $80.17, for a total transaction of $400,850.00. Following the sale, the insider now directly owns 88,798 shares of the company’s stock, valued at $7,118,935.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO William Stan Meyer sold 1,315 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $80.35, for a total value of $105,660.25. Following the sale, the chief operating officer now directly owns 99,774 shares in the company, valued at $8,016,840.90. The disclosure for this sale can be found here. Insiders own 3.00% of the company’s stock.

Several equities research analysts have recently issued reports on LOPE shares. BidaskClub cut Grand Canyon Education from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 27th. Zacks Investment Research cut Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Barrington Research reaffirmed an “outperform” rating and issued a $89.00 target price (up from $85.00) on shares of Grand Canyon Education in a report on Wednesday, August 2nd. ValuEngine raised Grand Canyon Education from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $85.00 target price on shares of Grand Canyon Education in a report on Monday, September 18th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $89.00.

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Grand Canyon Education Company Profile

Grand Canyon Education, Inc is engaged in the provision of postsecondary education. The Company is a regionally accredited university. The Company offers the degrees, including Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees.

Earnings History for Grand Canyon Education (NASDAQ:LOPE)

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