Erste Group Bank Predicts General Motors FY2027 Earnings

Key Points

• Erste Group Bank raised its FY2027 EPS forecast for General Motors to $15.04, slightly above its prior $14.99 estimate and well above the current consensus of $13.29.
• GM’s latest quarterly results beat expectations, with EPS of $3.57 versus the $3.19 consensus and revenue of $48.03 billion versus estimates of $47.01 billion. The company maintained FY2026 EPS guidance of $12.00–$14.00.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus rating and an average price target of $101.41, while GM shares recently traded at $88.10. The company also declared a quarterly dividend of $0.18 per share.

General Motors Company (NYSE:GM - Free Report) TSE: GMM.U - Investment analysts at Erste Group Bank boosted their FY2027 earnings per share estimates for shares of General Motors in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the auto manufacturer will earn $15.04 per share for the year, up from their previous forecast of $14.99. The consensus estimate for General Motors' current full-year earnings is $13.29 per share.

A number of other equities analysts also recently issued reports on the company. UBS Group reissued a "buy" rating on shares of General Motors in a research report on Wednesday, June 10th. Wall Street Zen upgraded shares of General Motors from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $100.00 target price on shares of General Motors in a report on Wednesday, July 22nd. Wedbush reaffirmed an "outperform" rating and set a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. Finally, Tigress Financial raised their price target on shares of General Motors from $92.00 to $130.00 and gave the company a "strong-buy" rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, General Motors currently has a consensus rating of "Moderate Buy" and a consensus target price of $101.41.

General Motors Stock Up 0.6%

Shares of NYSE GM opened at $88.10 on Tuesday. General Motors has a 52-week low of $53.34 and a 52-week high of $91.85. The firm has a market capitalization of $77.30 billion, a price-to-earnings ratio of 44.49, a PEG ratio of 0.40 and a beta of 1.30. The stock has a 50 day moving average price of $81.25 and a 200 day moving average price of $79.34. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14.

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

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be paid a $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. General Motors's dividend payout ratio is presently 36.36%.

Insider Buying and Selling

In other news, President Mark L. Reuss sold 71,079 shares of the firm's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the sale, the president owned 92,293 shares of the company's stock, valued at $8,303,601.21. This trade represents a 43.51% decrease in their position. 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 79,494 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, the executive vice president owned 46,519 shares in the company, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,247,053 shares of company stock valued at $106,763,425 in the last ninety days. Insiders own 0.44% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vise Technologies Inc. acquired a new stake in General Motors in the 2nd quarter valued at about $2,943,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in General Motors during the second quarter worth about $302,000. E Fund Management Co. Ltd. acquired a new position in General Motors in the 2nd quarter valued at about $249,000. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of General Motors in the 2nd quarter valued at approximately $415,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in shares of General Motors in the 2nd quarter valued at approximately $750,000. Hedge funds and other 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.

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