Games Workshop Group (LON:GAW) Posts Earnings Results

Games Workshop Group (LON:GAW) announced its quarterly earnings data on Tuesday. The company reported GBX 145.90 ($1.92) earnings per share for the quarter, Bloomberg Earnings reports.

Shares of Games Workshop Group stock traded down GBX 52.99 ($0.70) during trading on Thursday, hitting GBX 6,702.01 ($88.16). 42,811 shares of the stock were exchanged, compared to its average volume of 53,393. The company has a fifty day moving average price of GBX 6,007.60 and a 200-day moving average price of GBX 5,074.72. The stock has a market capitalization of $2.19 billion and a price-to-earnings ratio of 33.38. Games Workshop Group has a 1-year low of GBX 2,785 ($36.64) and a 1-year high of GBX 6,314.85 ($83.07).

The company also recently disclosed a dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, January 23rd will be paid a dividend of GBX 45 ($0.59) per share. The ex-dividend date is Thursday, January 23rd. This is a positive change from Games Workshop Group’s previous dividend of $35.00. This represents a dividend yield of 0.65%. Games Workshop Group’s payout ratio is currently 0.67%.

In other Games Workshop Group news, insider Kevin Rountree purchased 107 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average price of GBX 5,022 ($66.06) per share, for a total transaction of £5,373.54 ($7,068.59).

A number of equities research analysts have recently issued reports on the company. Peel Hunt upped their price objective on Games Workshop Group from GBX 5,000 ($65.77) to GBX 7,000 ($92.08) and gave the stock a “buy” rating in a research note on Tuesday. Liberum Capital initiated coverage on Games Workshop Group in a report on Wednesday, September 18th. They issued a “buy” rating and a GBX 4,750 ($62.48) price objective for the company.

About Games Workshop Group

Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, distributes, and retails miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, and Asia. The company offers games under the Warhammer: Age of Sigmar and Warhammer 40,000 names; Middle-earth battle games; book and box games; Blood Bowl and Necromunda standalone systems; and paint and tabletop miniatures support products.

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