General Motors Company (NYSE:GM – Get Free Report) (TSE:GMM.U) has received a consensus rating of “Moderate Buy” from the twenty-eight brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, twenty-two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $101.44.
A number of brokerages have commented on GM. TD Cowen reaffirmed a “buy” rating and set a $132.00 price target on shares of General Motors in a research report on Wednesday, October 21st. BNP Paribas Exane increased their price objective on General Motors from $102.00 to $112.00 and gave the company an “outperform” rating in a report on Monday, August 31st. Yorkville Ives initiated coverage on General Motors in a research note on Monday, October 5th. They issued an “outperform” rating and a $100.00 price objective for the company. Royal Bank Of Canada decreased their target price on General Motors from $102.00 to $98.00 and set an “outperform” rating for the company in a report on Wednesday, October 21st. Finally, Daiwa Securities Group lifted their target price on General Motors from $83.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd.
Check Out Our Latest Research Report on General Motors
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s next-generation 2027 Silverado and Sierra pickups are expected to offer upgraded engines and higher-end trims, potentially supporting a more profitable product mix. Article: Can GM’s Next-Generation Pickups Support Growth in 2027?
- Positive Sentiment: Rising OnStar subscriptions and Super Cruise adoption could expand recurring software revenue. GM also announced a new in-car AI assistant, adding to its technology offerings, though the revenue impact is not yet clear. Article: Can OnStar and Super Cruise Drive GM’s Digital Revenue Growth? Article: GM just announced a new in-car AI assistant
- Positive Sentiment: A report highlighting GM’s $20 billion stock-buyback plan points to a potential boost to per-share value as the company reduces its share count. Article: Ford Yields Nearly 5%. GM Is Buying Back $20 Billion in Stock.
- Neutral Sentiment: GM Insurance plans to enter Maryland’s auto market, expanding its insurance business; the article does not specify the expected financial contribution. Article: GM Insurance to Enter Maryland Auto Market
- Negative Sentiment: GM is recalling 67,380 EVs after software briefly interrupted low-speed braking, raising safety concerns and potentially adding repair and warranty costs. A separate report also notes a recall affecting more than 87,000 vehicles. Article: GM Recalls Over 67,000 EVs For Brake Glitch Article: GM recalls more than 87,000 vehicles
- Negative Sentiment: A $220 million OnStar settlement tied to allegations that drivers were misled about the collection and sharing of their data creates a financial cost and continued privacy-related reputational risk. Article: General Motors Could Be 17% Undervalued After $220 Million OnStar Settlement
General Motors Stock Up 4.0%
NYSE:GM opened at $89.60 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 1.32. General Motors has a twelve month low of $67.06 and a twelve month high of $93.70. The company has a market cap of $75.58 billion, a PE ratio of 20.55, a P/E/G ratio of 0.52 and a beta of 1.40. The company’s 50 day moving average is $83.41 and its two-hundred day moving average is $80.88.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.01. General Motors had a net margin of 2.12% and a return on equity of 19.36%. The business had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion. During the same quarter last year, the company posted $2.80 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. Analysts anticipate that General Motors will post 13.37 EPS for the current year.
General Motors announced that its Board of Directors has approved a stock repurchase plan on Tuesday, October 20th that allows the company to repurchase $20 billion in shares. This buyback authorization allows the auto manufacturer to reacquire up to 27.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its stock is undervalued.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. General Motors’s dividend payout ratio (DPR) is currently 16.51%.
Insider Buying and Selling
In other news, EVP Rory Harvey sold 16,513 shares of the company’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $89.64, for a total value of $1,480,225.32. Following the sale, the executive vice president directly owned 12,000 shares of the company’s stock, valued at $1,075,680. This represents a 57.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. Richardson Financial Services Inc. raised its stake in shares of General Motors by 75.7% during the 3rd quarter. Richardson Financial Services Inc. now owns 325 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 140 shares during the last quarter. Evergreen Advisors LLC acquired a new position in shares of General Motors in the 1st quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of General Motors in the second quarter worth about $31,000. Premier Financial Group purchased a new stake in shares of General Motors in the second quarter worth about $31,000. Finally, Burk Holdings LLC purchased a new stake in shares of General Motors in the second quarter worth about $31,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Company Profile
General Motors Company designs, manufactures and sells cars, trucks, crossovers and sport utility vehicles. Its vehicle brands include Chevrolet, Buick, GMC and Cadillac, and its offerings also include vehicle parts, software and related services. GM Financial provides automotive financing and leasing products to customers and dealers.
Founded in 1908, General Motors is headquartered in Detroit, Michigan. The company serves customers in North America and international markets, with operations and sales spanning multiple regions.
Mary Barra has served as GM’s chief executive officer since 2014.
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