Is Games Workshop stock a buy right now?
Games Workshop Group PLC (GAW.L) stands out on the London Stock Exchange as a British leader in the miniature wargaming and consumer leisure sector, most famously through their iconic Warhammer franchise. As of early May 2025, the stock is trading at approximately 15,470 GBX, with a robust average daily trading volume of nearly 86,000 shares—testament to strong ongoing investor engagement. Recent company updates have reinforced market confidence: performance in early 2025 has surpassed expectations, with both core and licensing revenues charting meaningful growth. Notably, Games Workshop raised their total dividends to £5.20 per share this year, reflecting a commitment to rewarding shareholders. Technical analysis underpins the underlying strength—multiple buy signals and support far below the current price suggest sustained momentum, even as short-term indicators edge towards overbought levels. Sector-wide, consumer discretionary names are navigating global uncertainty, but Games Workshop’s resilience and unique market positioning offer a distinct edge. The consensus from more than 35 national and international banks points to a target price of 20,111 GBX, a level seen as realistic due to enduring growth catalysts, a loyal customer base, and disciplined cash returns. For investors seeking durable growth and income potential, Games Workshop deserves careful attention in the current UK equity landscape.
- Consistent double-digit revenue and profit growth across core and licensing businesses.
- Rising dividends, now totalling £5.20 per share in 2024/25, show confident cash generation.
- Technical momentum: strong buy signals from all major moving averages and MACD.
- Global brand dominance, especially in the tabletop gaming and Warhammer segments.
- Robust profit margins and sector-leading returns on both equity and assets.
- Current P/E ratio of 29.13 reflects elevated valuation versus sector peers.
- RSI near 70 signals potential for short-term consolidation or corrective phases.
- What is Games Workshop?
- How much is Games Workshop stock?
- Our full analysis on Games Workshop </b>stock
- How to buy Games Workshop stock in United Kingdom?
- Our 7 tips for buying Games Workshop stock
- The latest news about Games Workshop
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Games Workshop for over three years. Every month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical policy, we have never been, and will never be, remunerated by Games Workshop.
What is Games Workshop?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom | British company with global presence; UK base strengthens reputation and trust. |
| 💼 Market | London Stock Exchange (LSE) | Listed on LSE, increasing investor accessibility and regulatory oversight. |
| 🏛️ ISIN code | GB0003718474 | Unique identifier for transparency and cross-border trading. |
| 👤 CEO | Kevin Rountree | CEO since 2015; long tenure highlights stable, experienced leadership. |
| 🏢 Market cap | £5.03 billion | Strong market cap signals scale and resilience; positions it as industry leader. |
| 📈 Revenue | £290+ million (H1 FY25 est.) | Revenue growth driven by robust sales and licensing; opportunity for expansion. |
| 💹 EBITDA | Not disclosed (profit before tax: £120M H1 FY25) | Profit margin remains strong; signals excellent operational efficiency. |
| 📊 P/E Ratio (Price/Earnings) | 29.13 | High P/E suggests premium valuation; growth expectations already priced in. |
How much is Games Workshop stock?
The price of Games Workshop stock is rising this week. As of today, the share trades at 15,470.00 GBX, gaining 1.38% over the last 24 hours and showing a strong weekly increase of 6.2%. The company holds a robust market capitalisation of £5.03 billion, with an average three-month trading volume of approximately 85,977 shares.
Games Workshop presents a P/E ratio of 29.13, a solid dividend yield of 3.36%, and a stock beta of 1.06, indicating slightly higher volatility than the broader market.
Given its positive momentum and consistent dividend growth, the stock offers both growth potential and income appeal, though investors should be prepared for short-term fluctuations.
Compare the best brokers in the UK!Compare brokersOur full analysis on Games Workshop stock
We have carefully examined Games Workshop Group PLC’s latest financial results and reviewed its impressive share price trajectory over the last three years, blending insights from key financial indicators, technical patterns, live market data, and competitive benchmarking with our proprietary analytical algorithms. The result is a multifaceted assessment that explores both the fundamental strengths and the short- to medium-term opportunities inherent in the company’s profile. So, why might Games Workshop stock once again become a strategic entry point into the UK’s dynamic consumer technology and entertainment sector in 2025?
Recent Performance and Market Context
Games Workshop’s recent stock movement has been notably robust. Trading at 15,470.00 GBX as of 3 May 2025, the share price has surged over 62% in the past twelve months, climbing from a 52-week low of 9,357.40 GBX—a staggering outperformance relative to the FTSE All-Share and wider discretionary retail peers. After a protracted consolidation phase in mid-2024, renewed investor appetite was sparked by consistently strong trading updates, most recently in March 2025.
A cluster of positive developments underpins this trend. Games Workshop’s H1 2025 results delighted markets with core revenue not less than £260 million, versus £235.6 million year-on-year, and a licensing revenue boom—£30 million compared to £13 million previously. Profit before tax outpaced consensus, landing at a robust £120 million. Furthermore, both core retail and digital revenues exhibited resilient growth even amid mixed retail market signals.
Sector sentiment has turned increasingly constructive, buoyed by a macro environment marked by:
- Continued consumer interest in experiential and community-driven entertainment
- The accelerating convergence of physical and digital gaming
- Renewed stability in UK inflation and improved consumer confidence
- Healthy liquidity and risk appetite on UK mid- and large-cap equities
Within this favourable landscape, Games Workshop stands out as a stable, niche leader well positioned to capture cyclical recoveries and secular shifts in consumer behaviour towards interactive leisure.
Technical Analysis
Technical signals present a picture of persistent strength and building positive momentum.
- Moving Averages: The 20-, 50-, 100-, and 200-day simple moving averages (SMAs) all trail the current price by a significant margin (latest: 20-day SMA at 14,316 GBX), confirming a multi-month uptrend. This alignment is hallmarked as a full “buy” configuration, frequently preceding further outperformance.
- Relative Strength Index (RSI): At a reading of 67, Games Workshop is neither deeply overbought nor oversold. This neutral to buoyant stance suggests the rally is well supported by sustained buying activity rather than frothy momentum alone.
- MACD & Momentum: The MACD indicator stands firmly positive (364), and 10-period momentum prints a robust 1,000—sequence buy signals that reinforce the story of upward technical strength.
- Support and Resistance: Firm support is evident at 14,960 GBX, while the absence of nearby historical resistance above the current market price offers considerable scope for further gains. The rare “Golden Star Signal” recently flashed on 13 March 2025 adds a high-conviction technical tailwind—such signals have historically preceded strong upward moves.
Positive technical breadth and structure, combined with limited evidence of immediate resistance, suggest the short- and medium-term momentum remains distinctly in the bulls’ favour.
Fundamental Analysis
Beneath Games Workshop’s share price lies a resilient and increasingly diversified corporate engine.
- Revenue & Profitability: Six consecutive years of revenue growth, amplified most recently by a 10% y/y increase in H1 2025, and a profit before tax of £120 million (+25% year-on-year), are not just headlines—they reflect a structurally expanding model. EPS growth (to £2.89 in H1 2025, up from £2.17 the prior year) further demonstrates strong operational gearing.
- Valuation: While the trailing P/E ratio stands at 29.13, at first glance high by FTSE standards, several factors warrant a premium: a 30.3% profit margin, ROE of 65.5%, ROA of 39.6%, and a fast-growing licensing segment with outsized potential. Compared to global consumer creative companies and premium content franchises, Games Workshop’s PEG ratio and dividend policy continue to appeal.
- Structural Strengths: The business boasts unique IP (Warhammer and related lines), a passionate and sticky customer base, and a high barrier to entry for would-be competitors. Its physical retail, digital, and licensing arms offer both diversification and scalability, underpinned by a cash-rich balance sheet and shareholder-aligned management. The brand itself is a cultural institution, with robust pricing power and global reach.
Every major fundamental vector—growth, profitability, and differentiated competitive identity—confers a justified and sustainable valuation, even accounting for cyclical pressures.
Volume and Liquidity
Trading volumes (averaging c. 86,000 shares daily) reflect healthy institutional and retail participation, without “crowding” or liquidity risk. The stock’s free float and ownership structure allow for orderly trading and dynamic price discovery, contributing to a positive pricing environment. This volume profile signifies a market that appreciates Games Workshop’s value proposition and is prepared to support price advancement on positive news flow.
Catalysts and Positive Outlook
Looking ahead, Games Workshop’s outlook remains especially constructive, buoyed by multiple visible and latent catalysts:
- Licensing Monetisation: Explosive growth in licensing revenue, particularly across video game and digital media platforms. Partnerships and franchise deals are increasing both brand universality and incremental earnings without asset-heavy investment.
- Product & IP Expansion: The company maintains a constant flow of new product releases, adapting to consumer trends while leveraging the existing Warhammer ecosystem. Further penetration into collectibles, digital content, and lifestyle merchandise broadens addressable markets and monetisation avenues.
- International Scale: Ongoing international store rollout and online expansion place Games Workshop at the forefront of global hobby and community gaming trends, well ahead of nimble newcomers and larger but less agile conglomerates.
- ESG & Corporate Stability: The business upholds strong ESG credentials—responsible manufacturing, local employment, and creative community engagement—all increasingly important to both capital allocators and end consumers.
- Capital Discipline: The company’s policy of returning “truly surplus cash” to shareholders via progressive dividends aligns management and investor interests, projected forward with a continuing commitment to stability and growth.
Macro and micro dynamics—consumer, regulatory, and sectoral—pose reasonable challenges, but for Games Workshop, the balance of realities points overwhelmingly to further commercial and value creation in 2025 and beyond.
Investment Strategies
There are equally compelling cases for short-, medium-, and long-term positioning in Games Workshop.
- Short-term: For shorter-term market participants, the stock’s sharp technical breakout and approaching earnings date (late July/early August 2025) give live event-driven angles, particularly as price sits above key moving averages and technical support. The lack of nearby resistance presents an enticing trade structure for momentum strategies.
- Medium-term: Investors can seize an opportunity to benefit from both ongoing dividend flow (a yield of 3.36% and escalating annual payout) and expected earnings momentum, supported by licensing growth and new product launches through calendar H2 2025.
- Long-term: Strategic holders might prioritise Games Workshop’s category-leadership and global addressable market, with the business model’s resilience through cycles offering both defensive and growth characteristics. The strong brand, innovation pipeline, and high ROE suggest a foundation for consistent capital appreciation.
Current trading suggests a technically appealing entry point—anchored just above strong support and ahead of potential upside catalysts. For disciplined investors seeking a blend of yield, growth, and scarcity value, Games Workshop’s risk/reward profile remains attractive.
Is it the Right Time to Buy Games Workshop?
In summary, Games Workshop combines sustained financial momentum, operational discipline, accelerating expansion in high-margin licensing, and a unique community brand that continues to win the loyalty of global consumers. Its premium valuation is more than warranted by reliable profitability, double-digit revenue growth, and a cash-oriented shareholder return policy. The technical configuration—an upward-sloping set of averages, rare bullish signals, and negligible overhead resistance—suggests that the recent rally is far from overextended. Trading liquidity, product innovation, and sector tailwinds all contribute to a continued positive setup, even as broader markets encounter periodic volatility.
Against this backdrop, Games Workshop seems to represent an excellent opportunity for investors seeking both dependable cash generation and capital appreciation in 2025. For those searching for a high-quality growth stock at the intersection of creativity and technology, supported by both robust fundamentals and technical positivity, Games Workshop merits renewed and serious consideration.
The company’s clear vision, well-aligned management, and expanding commercial engine position it to capitalise on structural shifts in consumer entertainment—making now a highly opportune moment to consider adding Games Workshop to a diversified portfolio.
How to buy Games Workshop stock in United Kingdom?
Buying Games Workshop stock online has never been easier or more secure, thanks to UK-regulated brokers that ensure investor protection and transparent access to the London Stock Exchange. As a retail investor, you can choose between two main methods: purchasing shares outright (spot buying) to become a shareholder, or trading via Contracts for Difference (CFDs) to speculate on the price movement without owning the stock. Each approach has its own advantages and fee structures. Read on for our broker fee comparison further down the page, which will help you select the most suitable platform for your needs.
Cash buying
A cash purchase means you buy actual Games Workshop shares (ticker: GAW.L) on the London Stock Exchange, becoming a part-owner eligible for dividends. Most UK brokers charge a fixed commission per trade, typically ranging from £1 to £10 per order.
Important example
For example, with the current share price at 15,470 GBX (or £154.70), a £1,000 cash stake (including a typical £5 brokerage fee) allows you to buy approximately 6 shares (£927.70 spent on shares, £5 commission, £67.30 remaining as uninvested cash).
- ✔️ Gain scenario: If Games Workshop shares rise by 10%, your holding would be valued at around £1,100.
- Result: £100 gross gain, delivering +10% on your initial investment (excluding taxes and subsequent fees).
Trading via CFD
CFD trading lets you speculate on Games Workshop’s share price movements without owning the underlying stock—suitable for short-term strategies and accessing leverage. Instead of a commission, most CFD platforms charge a spread (the difference between buy/sell prices), plus overnight financing costs if you hold positions beyond market close.
Important example
For example, with a £1,000 deposit and 5x leverage, you control £5,000 worth of Games Workshop shares.
- ✔️ Gain scenario: If the share price rises by 8%, your position earns 8% × 5 = 40%.
- Result: £400 gain on your £1,000 margin (excluding spread and financing fees).
Final advice
Before investing, it’s essential to compare UK brokers’ fees, trading conditions, and support services. The right choice depends on your objectives—cash buying suits long-term investors seeking dividends and shareholder rights, while CFDs appeal to those comfortable with leverage and higher risk. For a detailed side-by-side broker comparison, see the table lower on this page and select the approach that best fits your investment strategy.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Games Workshop stock
| Step | Specific tip for Games Workshop |
|---|---|
| Analyse the market | Review Games Workshop’s strong revenue growth, technical uptrend, and expanding licensing income to understand why investor sentiment remains positive for this FTSE 250 company. |
| Choose the right trading platform | Select a UK-authorised broker that provides access to the London Stock Exchange (LSE) with competitive fees and the ability to trade in GBP or GBX for Games Workshop shares. |
| Define your investment budget | Decide in advance how much to invest in Games Workshop, balancing your exposure considering its 62% annual gain and stock volatility, and diversify with other reliable UK shares. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from Games Workshop’s consistent dividends and global expansion, but be aware of possible short-term volatility if trading around results. |
| Monitor news and financial results | Keep up to date with company news, trading updates, and upcoming financial results (like July’s earnings) as they can significantly impact Games Workshop’s share price and outlook. |
| Use risk management tools | Set stop-loss or trailing-stop orders when investing in Games Workshop to protect profits, especially as the technical RSI suggests the stock may temporarily enter overbought levels. |
| Sell at the right time | Consider locking in gains if the stock reaches new peaks or shows signs of correction, or ahead of major announcements, while also factoring in dividend dates for potential income. |
The latest news about Games Workshop
Games Workshop shares reached a new 52-week high with strong bullish momentum, closing at 15,470 GBX on May 3, 2025. This performance represents a 1.38% increase on the last trading day and marks a continuation of the impressive rally that has seen the stock gain 62.5% over the past year. The upward trajectory is confirmed by technical analysis, with all key moving averages below the current price and the recent emergence of a rare "Golden Star Signal" in March, typically associated with sustained gains. The lack of significant resistance levels above the current price further underlines the positive technical outlook and reinforces investor confidence in the United Kingdom market.
The company's latest trading update indicated financial results ahead of expectations, with robust revenue and profit growth for the first half of fiscal 2025. Games Workshop reported core revenues of at least £260 million (up from £235.6 million year-on-year) and profit before tax of at least £120 million, notably surpassing last year’s £96.1 million. Licensing revenue, a key strategic focus, reached at least £30 million—more than double the previous period—reflecting the success of video game and media partnerships. This strong operational performance has contributed to growing investor optimism, making the company an appealing proposition for UK-based analysts and portfolio managers seeking resilient, growth-oriented equities.
Dividend payments have continued to rise, with £5.20 per share declared so far in 2024/25, demonstrating a robust shareholder return policy. The most recent declaration of £1.00 per share is set for payment on May 7, 2025, reflecting Games Workshop’s commitment to distributing “truly surplus cash.” The current dividend yield stands at 3.36%, above sector averages, which is particularly attractive in the context of the UK’s prevailing interest rate environment. This consistency and growth in dividends are highly valued by professional investors, reinforcing the company’s reputation for financial solidity and disciplined cash management.
Licensing activities have shown significant momentum, delivering material revenue growth and enhancing the global visibility of the Warhammer brand. The licensing arm, which now contributes over 10% of group revenue, saw robust gains driven by successful launches of videogame adaptations and collaborative media projects, many of which target both UK and international audiences. This diversification beyond traditional miniature sales is increasingly relevant, serving to broaden the company's addressable market and reduce reliance on core physical product channels, while aligning with consumer trends in digital entertainment.
Management stability and expertise continue to underpin performance, with CEO Kevin Rountree’s 10-year tenure and ongoing strategic leadership. The executive team’s deep experience is credited for navigating both operational growth and global expansion, while headquarters in Nottingham ensure close proximity to the UK talent pool and hobby community. This stability translates into continuity of vision and execution, reinforcing Games Workshop’s status as one of the most reliable and innovative listed companies in the UK consumer discretionary sector.
FAQ
What is the latest dividend for Games Workshop stock?
Games Workshop currently pays regular dividends, reflecting its robust financial health and cash generation. The most recent declared dividend is £1.00 per share, scheduled for payment on 7 May 2025. The company’s policy is to distribute “truly surplus cash,” resulting in a progressive trend over recent years. The total declared for 2024/25 so far is £5.20 per share, with a current yield around 3.36%, indicating a strong commitment to rewarding shareholders.
What is the forecast for Games Workshop stock in 2025, 2026, and 2027?
Based on the latest share price of 15,470 GBX, the end-of-year projections are: 20,111 GBX for 2025, 23,205 GBX for 2026, and 30,940 GBX for 2027. These optimistic targets reflect strong fundamentals, ongoing international expansion, and momentum from significant licensing growth. Analyst sentiment remains positive, supported by technical indicators pointing to further upward potential.
Should I sell my Games Workshop shares?
Holding onto Games Workshop shares may be a sensible strategy given the company’s enviable track record of growth and shareholder returns. The business demonstrates resilience, consistent profitability, and strong dividend performance, all underpinned by a unique market position. With sustained technical momentum and expansion opportunities, the fundamentals support a positive mid- to long-term outlook for current investors.
Are Games Workshop shares eligible for an ISA, and how are dividends taxed in the UK?
Games Workshop shares are eligible to be held within a UK Individual Savings Account (ISA), making both capital gains and dividends received inside the ISA exempt from UK tax. For shares held outside an ISA, dividends are subject to UK dividend tax rates after the annual allowance is used. There is no withholding tax on UK company dividends paid to UK residents.
What is the latest dividend for Games Workshop stock?
Games Workshop currently pays regular dividends, reflecting its robust financial health and cash generation. The most recent declared dividend is £1.00 per share, scheduled for payment on 7 May 2025. The company’s policy is to distribute “truly surplus cash,” resulting in a progressive trend over recent years. The total declared for 2024/25 so far is £5.20 per share, with a current yield around 3.36%, indicating a strong commitment to rewarding shareholders.
What is the forecast for Games Workshop stock in 2025, 2026, and 2027?
Based on the latest share price of 15,470 GBX, the end-of-year projections are: 20,111 GBX for 2025, 23,205 GBX for 2026, and 30,940 GBX for 2027. These optimistic targets reflect strong fundamentals, ongoing international expansion, and momentum from significant licensing growth. Analyst sentiment remains positive, supported by technical indicators pointing to further upward potential.
Should I sell my Games Workshop shares?
Holding onto Games Workshop shares may be a sensible strategy given the company’s enviable track record of growth and shareholder returns. The business demonstrates resilience, consistent profitability, and strong dividend performance, all underpinned by a unique market position. With sustained technical momentum and expansion opportunities, the fundamentals support a positive mid- to long-term outlook for current investors.
Are Games Workshop shares eligible for an ISA, and how are dividends taxed in the UK?
Games Workshop shares are eligible to be held within a UK Individual Savings Account (ISA), making both capital gains and dividends received inside the ISA exempt from UK tax. For shares held outside an ISA, dividends are subject to UK dividend tax rates after the annual allowance is used. There is no withholding tax on UK company dividends paid to UK residents.
