Zacks Research Raises Earnings Estimates for General Motors

General Motors Company (NYSE:GM) (TSE:GMM.U) – Equities research analysts at Zacks Research lifted their FY2026 EPS estimates for General Motors in a research note issued to investors on Tuesday, August 18th. Zacks Research analyst Team now forecasts that the auto manufacturer will post earnings of $12.89 per share for the year, up from their prior estimate of $12.85. The consensus estimate for General Motors’ current full-year earnings is $13.29 per share. Zacks Research also issued estimates for General Motors’ Q4 2027 earnings at $3.38 EPS and FY2027 earnings at $13.44 EPS.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS.

GM has been the topic of a number of other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research report on Friday, July 17th. UBS Group restated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. JPMorgan Chase & Co. raised their target price on General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Jefferies Financial Group raised shares of General Motors from a “hold” rating to a “buy” rating and boosted their price target for the company from $90.00 to $99.00 in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $101.41.

General Motors Price Performance

GM stock opened at $83.73 on Wednesday. General Motors has a 1 year low of $54.33 and a 1 year high of $91.85. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. The firm has a market capitalization of $73.47 billion, a PE ratio of 42.29, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. The business has a 50 day simple moving average of $81.67 and a 200-day simple moving average of $79.51.

Hedge Funds Weigh In On General Motors

A number of institutional investors and hedge funds have recently made changes to their positions in GM. Cibc World Market Inc. boosted its holdings in General Motors by 57.2% in the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock valued at $16,318,000 after purchasing an additional 72,984 shares in the last quarter. M&T Bank Corp raised its stake in shares of General Motors by 82.0% during the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after buying an additional 32,474 shares in the last quarter. Legacy Capital Group California Inc. lifted its holdings in shares of General Motors by 206.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after buying an additional 14,150 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of General Motors by 16.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock valued at $15,062,000 after buying an additional 28,163 shares during the period. Finally, Leonteq Securities AG purchased a new stake in shares of General Motors in the fourth quarter valued at approximately $17,753,000. 92.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the sale, the executive vice president owned 54,992 shares of the company’s stock, valued at $4,863,492.48. The trade was a 42.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $86.95, for a total transaction of $772,289.90. Following the completion of the transaction, the executive vice president owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. This trade represents a 23.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is currently owned by company insiders.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is presently 36.36%.

About General Motors

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.