Erste Group Bank Weighs in on General Motors FY2027 Earnings

General Motors Company (NYSE:GM) (TSE:GMM.U) – Research analysts at Erste Group Bank cut their FY2027 earnings per share estimates for General Motors in a research report issued to clients and investors on Wednesday, February 18th. Erste Group Bank analyst S. Lingnau now expects that the auto manufacturer will earn $14.26 per share for the year, down from their prior forecast of $14.30. The consensus estimate for General Motors’ current full-year earnings is $11.44 per share.

A number of other research firms have also weighed in on GM. UBS Group upped their target price on shares of General Motors from $97.00 to $102.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Zacks Research lowered General Motors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. raised their target price on General Motors from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Jefferies Financial Group lifted their target price on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Finally, DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus price target of $89.52.

General Motors Stock Down 0.0%

General Motors stock opened at $81.44 on Monday. The firm has a market capitalization of $73.62 billion, a price-to-earnings ratio of 27.06, a price-to-earnings-growth ratio of 0.45 and a beta of 1.36. The firm’s fifty day moving average price is $82.19 and its two-hundred day moving average price is $70.18. General Motors has a 1-year low of $41.60 and a 1-year high of $87.62. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.25. The business had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. General Motors had a net margin of 1.46% and a return on equity of 14.72%. General Motors’s revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.92 EPS. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS.

General Motors Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. This is an increase from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 6th. General Motors’s dividend payout ratio is 19.93%.

General Motors announced that its board has approved a share repurchase program on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GM. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors in the 4th quarter worth about $25,000. Elevation Wealth Partners LLC increased its holdings in General Motors by 500.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in General Motors in the third quarter worth about $29,000. SouthState Bank Corp boosted its stake in General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after acquiring an additional 177 shares during the last quarter. Finally, Kelleher Financial Advisors bought a new position in shares of General Motors during the 3rd quarter valued at approximately $29,000. Institutional investors own 92.67% of the company’s stock.

General Motors Company Profile

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.