GameStop Corp (NYSE:GME) announced a quarterly dividend on Tuesday, February 19th. Investors of record on Tuesday, March 5th will be paid a dividend of $0.28 per share on Tuesday, March 19th. This represents a $1.10 annualized dividend and a dividend yield of 4.34%.
A number of research firms have also recently commented on GME. Analysts at Piper Jaffray upgraded shares of GameStop Corp from a “neutral” rating to an “overweight” rating in a research note to investors on Friday, February 1st. They now have a $28.00 price target on the stock, up previously from $23.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of GameStop Corp in a research note to investors on Friday, January 11th. They now have a $24.00 price target on the stock.
Twelve investment analysts have rated the stock with a buy rating, two have given an overweight rating, seven have given a hold rating, and one has given a sell rating to the company. GameStop Corp has an average rating of “overweight” and a consensus price target of $28.37.
GameStop Corp (GME) opened at 25.37 on Tuesday. GameStop Corp (GME) has a 52-week low of $15.32 and a 52-week high of $28.35. The stock’s 50-day moving average is currently $24.34. The company’s market cap is $3.074 billion.
GameStop Corp. (GameStop) is a holding company. GameStop is a multichannel video game retailer. It sells new and used video game hardware, physical and digital video game software, accessories, as well as personal computer (PC) entertainment software and other merchandise.
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