Grand Canyon Education (NASDAQ:LOPE) Releases Quarterly Earnings Results, Hits Expectations

Grand Canyon Education (NASDAQ:LOPE) issued its quarterly earnings results on Wednesday. The company reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78, Zacks reports. The firm had revenue of $261.14 million during the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. Grand Canyon Education’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 earnings per share. Grand Canyon Education updated its FY 2025 guidance to 9.020-9.13 EPS and its Q4 2025 guidance to 3.130-3.240 EPS.

Grand Canyon Education Price Performance

NASDAQ LOPE traded down $1.05 on Friday, reaching $166.00. The company had a trading volume of 210,826 shares, compared to its average volume of 230,538. Grand Canyon Education has a 1 year low of $153.82 and a 1 year high of $223.04. The firm has a 50-day moving average of $207.75 and a 200-day moving average of $193.68. The firm has a market capitalization of $4.66 billion, a PE ratio of 20.07, a P/E/G ratio of 1.50 and a beta of 0.74.

Wall Street Analyst Weigh In

LOPE has been the subject of a number of research analyst reports. Barrington Research restated an “outperform” rating and set a $230.00 price objective on shares of Grand Canyon Education in a report on Tuesday, October 21st. Weiss Ratings restated a “buy (b)” rating on shares of Grand Canyon Education in a report on Wednesday. Wall Street Zen raised Grand Canyon Education from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Zacks Research downgraded shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Grand Canyon Education has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in Grand Canyon Education by 24.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 412 shares of the company’s stock worth $78,000 after buying an additional 82 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Grand Canyon Education by 102.7% during the second quarter. EverSource Wealth Advisors LLC now owns 758 shares of the company’s stock worth $143,000 after acquiring an additional 384 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Grand Canyon Education by 20.7% in the second quarter. Geneos Wealth Management Inc. now owns 955 shares of the company’s stock worth $180,000 after acquiring an additional 164 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Grand Canyon Education in the second quarter worth about $216,000. Finally, Focus Partners Wealth purchased a new position in Grand Canyon Education in the first quarter valued at about $229,000. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

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.