General Motors Company (NYSE:GM) Receives Consensus Rating of “Moderate Buy” from Analysts

General Motors Company (NYSE:GMGet Free Report) (TSE:GMM.U) has been assigned an average rating of “Moderate Buy” from the twenty-five analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation, sixteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $91.5833.

Several equities research analysts have weighed in on GM shares. Jefferies Financial Group upped their price target on General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. The Goldman Sachs Group set a $104.00 price objective on General Motors in a research note on Tuesday, January 27th. Wall Street Zen downgraded General Motors from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Mizuho raised their target price on shares of General Motors from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, Wells Fargo & Company lifted their price target on shares of General Motors from $48.00 to $57.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 28th.

View Our Latest Analysis on GM

Trending Headlines about General Motors

Here are the key news stories impacting General Motors this week:

General Motors Stock Performance

Shares of GM stock opened at $75.46 on Friday. The firm has a 50 day moving average of $79.28 and a two-hundred day moving average of $73.21. The stock has a market capitalization of $68.21 billion, a PE ratio of 25.07, a P/E/G ratio of 0.41 and a beta of 1.37. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors has a 52 week low of $41.60 and a 52 week high of $87.62.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.25. The business had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The company’s revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.92 earnings per share. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, research analysts predict that General Motors will post 11.44 EPS for the current fiscal year.

General Motors Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s dividend payout ratio (DPR) is 23.92%.

General Motors announced that its board has initiated a stock buyback program on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On General Motors

Several large investors have recently bought and sold shares of GM. Laurel Wealth Advisors LLC acquired a new stake in General Motors in the fourth quarter valued at $25,000. Elevation Wealth Partners LLC boosted its position in shares of General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 275 shares in the last quarter. SouthState Bank Corp increased its holdings in shares of General Motors by 101.7% in the 4th 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. Kemnay Advisory Services Inc. purchased a new position in shares of General Motors in the 4th quarter valued at about $30,000. Finally, Founders Capital Management acquired a new stake in shares of General Motors during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

About General Motors

(Get Free Report)

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.

See Also

Analyst Recommendations for General Motors (NYSE:GM)

Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.