NYSE:GRND

Grindr (GRND) Stock Price, News & Analysis

$9.59
-0.47 (-4.67%)
(As of 05/16/2024 ET)
Today's Range
$9.49
$9.96
50-Day Range
$9.35
$10.83
52-Week Range
$4.49
$11.13
Volume
645,083 shs
Average Volume
413,291 shs
Market Capitalization
$1.68 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.33

Grindr MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.0% Upside
$13.33 Price Target
Short Interest
Bearish
1.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of Grindr in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$10.11 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.65 out of 5 stars

Computer And Technology Sector

464th out of 595 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

45th out of 59 stocks

GRND stock logo

About Grindr Stock (NYSE:GRND)

Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its platform enables LGBTQ people to find and engage with each other, share content and experiences, and express themselves. The company offers ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.

GRND Stock Price History

GRND Stock News Headlines

Grindr to Participate in Upcoming Investor Conferences
JMP Securities Sticks to Their Buy Rating for Grindr (GRND)
Grindr Inc. (GRND)
Grindr Goes Beyond Dating
Grindr is 'under-monetizing' its user base: Analyst
Grindr’s Market Dominance and Growth Potential Affirm Buy Rating
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/16/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
112
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.33
High Stock Price Target
$14.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+39.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-55,770,000.00
Pretax Margin
-14.71%

Debt

Sales & Book Value

Annual Sales
$259.69 million
Cash Flow
$0.19 per share
Book Value
($0.13) per share

Miscellaneous

Free Float
38,163,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
0.30
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Key Executives

  • Mr. George Arison (Age 45)
    CEO & Executive Director
    Comp: $212.99k
  • Ms. Vandana Mehta-Krantz (Age 56)
    Chief Financial Officer
    Comp: $248.81k
  • Mr. Austin J. Balance (Age 37)
    Chief Product Officer
    Comp: $401.96k
  • Ms. Kye Chen (Age 46)
    Chief Accounting Officer
  • Mr. Zachary Katz
    General Counsel & Head of Global Affairs

GRND Stock Analysis - Frequently Asked Questions

Should I buy or sell Grindr stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grindr in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GRND shares.
View GRND analyst ratings
or view top-rated stocks.

What is Grindr's stock price target for 2024?

3 equities research analysts have issued 12 month target prices for Grindr's shares. Their GRND share price targets range from $12.00 to $14.00. On average, they anticipate the company's stock price to reach $13.33 in the next year. This suggests a possible upside of 39.0% from the stock's current price.
View analysts price targets for GRND
or view top-rated stocks among Wall Street analysts.

How have GRND shares performed in 2024?

Grindr's stock was trading at $8.78 on January 1st, 2024. Since then, GRND stock has increased by 9.2% and is now trading at $9.59.
View the best growth stocks for 2024 here
.

When is Grindr's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our GRND earnings forecast
.

How were Grindr's earnings last quarter?

Grindr Inc. (NYSE:GRND) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The company had revenue of $75.35 million for the quarter, compared to the consensus estimate of $72.60 million. Grindr had a positive trailing twelve-month return on equity of 3,761.31% and a negative net margin of 11.56%. During the same period in the prior year, the firm earned ($0.19) earnings per share.

What guidance has Grindr issued on next quarter's earnings?

Grindr updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $350.6 million-$350.6 million, compared to the consensus revenue estimate of $319.8 million.

Who are Grindr's major shareholders?

Grindr's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.33%), GSA Capital Partners LLP (0.03%), Susquehanna Fundamental Investments LLC (0.01%), Price T Rowe Associates Inc. MD (0.01%), EntryPoint Capital LLC (0.00%) and K2 Principal Fund L.P. (0.00%). Insiders that own company stock include George Arison, George Raymond Zage III and James Fu Bin Lu.
View institutional ownership trends
.

How do I buy shares of Grindr?

Shares of GRND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GRND) was last updated on 5/16/2024 by MarketBeat.com Staff

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