Q1 EPS Estimates for General Motors Cut by Zacks Research

General Motors (NYSE:GM - Free Report) TSE: GMM.U - Analysts at Zacks Research cut their Q1 2026 EPS estimates for General Motors in a note issued to investors on Thursday, May 15th. Zacks Research analyst R. Singhi now anticipates that the auto manufacturer will earn $1.68 per share for the quarter, down from their prior estimate of $1.81. The consensus estimate for General Motors' current full-year earnings is $11.44 per share. Zacks Research also issued estimates for General Motors' Q2 2026 earnings at $1.92 EPS, Q3 2026 earnings at $2.02 EPS and Q4 2026 earnings at $1.90 EPS.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced its quarterly earnings data on Tuesday, April 29th. The auto manufacturer reported $2.78 EPS for the quarter, beating the consensus estimate of $2.63 by $0.15. The firm had revenue of $44.02 billion for the quarter, compared to the consensus estimate of $42.64 billion. General Motors had a net margin of 3.21% and a return on equity of 15.29%. The company's revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $2.62 EPS.

Several other brokerages have also recently weighed in on GM. Citigroup began coverage on shares of General Motors in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $62.00 price target for the company. Barclays increased their price objective on shares of General Motors from $40.00 to $45.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. StockNews.com downgraded shares of General Motors from a "buy" rating to a "hold" rating in a report on Wednesday, February 5th. Royal Bank of Canada increased their price target on shares of General Motors from $55.00 to $57.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Finally, Piper Sandler increased their price objective on shares of General Motors from $45.00 to $48.00 and gave the company a "neutral" rating in a report on Thursday, March 20th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $54.56.

General Motors Trading Down 1.6%

NYSE:GM traded down $0.82 during mid-day trading on Monday, hitting $49.39. 7,513,802 shares of the stock traded hands, compared to its average volume of 13,361,311. The stock has a market capitalization of $47.49 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 0.67 and a beta of 1.36. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 1.38. General Motors has a 52 week low of $38.96 and a 52 week high of $61.24. The firm's 50 day moving average is $46.95 and its two-hundred day moving average is $50.00.

General Motors Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Friday, June 6th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.21%. This is a boost from General Motors's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, June 6th. General Motors's dividend payout ratio is presently 8.65%.

General Motors announced that its board has initiated a share buyback program on Wednesday, February 26th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the auto manufacturer to buy up to 12.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of General Motors by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 99,341,336 shares of the auto manufacturer's stock worth $4,672,023,000 after acquiring an additional 6,395,375 shares during the period. Franklin Resources Inc. lifted its holdings in shares of General Motors by 4.2% during the 4th quarter. Franklin Resources Inc. now owns 29,273,136 shares of the auto manufacturer's stock worth $1,559,380,000 after acquiring an additional 1,170,816 shares during the period. Geode Capital Management LLC lifted its holdings in shares of General Motors by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 23,796,969 shares of the auto manufacturer's stock worth $1,264,567,000 after acquiring an additional 176,436 shares during the period. Dimensional Fund Advisors LP increased its position in General Motors by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 14,383,079 shares of the auto manufacturer's stock worth $676,322,000 after purchasing an additional 316,196 shares in the last quarter. Finally, Invesco Ltd. increased its position in General Motors by 4.5% during the 1st quarter. Invesco Ltd. now owns 13,746,152 shares of the auto manufacturer's stock worth $646,482,000 after purchasing an additional 594,217 shares in the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

About General Motors

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.