Seaport Res Ptn Issues Optimistic Forecast for GPI Earnings

Group 1 Automotive, Inc. (NYSE:GPI - Free Report) - Analysts at Seaport Res Ptn boosted their Q1 2025 earnings estimates for Group 1 Automotive in a research note issued on Sunday, April 20th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings of $9.67 per share for the quarter, up from their previous forecast of $9.24. The consensus estimate for Group 1 Automotive's current full-year earnings is $41.00 per share. Seaport Res Ptn also issued estimates for Group 1 Automotive's Q2 2025 earnings at $9.80 EPS, Q3 2025 earnings at $10.15 EPS, Q4 2025 earnings at $11.31 EPS, FY2025 earnings at $40.92 EPS and FY2026 earnings at $44.85 EPS.

Several other research analysts also recently commented on GPI. JPMorgan Chase & Co. decreased their target price on shares of Group 1 Automotive from $495.00 to $435.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Stephens reaffirmed an "equal weight" rating and issued a $460.00 target price on shares of Group 1 Automotive in a research note on Thursday, January 30th. Guggenheim decreased their target price on shares of Group 1 Automotive from $502.00 to $426.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Finally, Citigroup started coverage on shares of Group 1 Automotive in a research note on Wednesday. They issued a "buy" rating and a $463.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Group 1 Automotive currently has an average rating of "Moderate Buy" and an average target price of $449.86.

Group 1 Automotive Trading Up 0.0 %

Shares of GPI traded up $0.20 during mid-day trading on Tuesday, reaching $406.97. The company's stock had a trading volume of 161,721 shares, compared to its average volume of 143,486. The stock has a market cap of $5.31 billion, a PE ratio of 11.07 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 0.24 and a debt-to-equity ratio of 0.92. Group 1 Automotive has a 52 week low of $279.86 and a 52 week high of $490.09. The company's fifty day moving average price is $412.62 and its two-hundred day moving average price is $416.94.

Group 1 Automotive (NYSE:GPI - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $10.17 earnings per share for the quarter, topping analysts' consensus estimates of $9.68 by $0.49. The firm had revenue of $5.51 billion during the quarter, compared to analyst estimates of $5.37 billion. Group 1 Automotive had a net margin of 2.47% and a return on equity of 18.09%.

Group 1 Automotive Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.49%. This is a positive change from Group 1 Automotive's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 3rd. Group 1 Automotive's dividend payout ratio (DPR) is presently 5.61%.

Hedge Funds Weigh In On Group 1 Automotive

Large investors have recently made changes to their positions in the business. Bessemer Group Inc. lifted its holdings in shares of Group 1 Automotive by 119.4% during the fourth quarter. Bessemer Group Inc. now owns 68 shares of the company's stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. R Squared Ltd purchased a new position in Group 1 Automotive in the 4th quarter worth approximately $30,000. GAMMA Investing LLC raised its holdings in Group 1 Automotive by 70.4% in the 4th quarter. GAMMA Investing LLC now owns 121 shares of the company's stock worth $51,000 after acquiring an additional 50 shares during the last quarter. Fifth Third Bancorp raised its holdings in Group 1 Automotive by 24.8% in the 1st quarter. Fifth Third Bancorp now owns 146 shares of the company's stock worth $56,000 after acquiring an additional 29 shares during the last quarter. Finally, Avior Wealth Management LLC raised its holdings in Group 1 Automotive by 25.6% in the 4th quarter. Avior Wealth Management LLC now owns 152 shares of the company's stock worth $64,000 after acquiring an additional 31 shares during the last quarter. 99.92% of the stock is currently owned by hedge funds and other institutional investors.

About Group 1 Automotive

Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.