General Motors Company Company Profile (NYSE:GM)

General Motors Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "GM."

General Motors Company announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.38 per share on Friday, June 23rd. This represents a $1.52 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Wednesday, June 7th. View General Motors Company's Dividend History.

General Motors Company announced that its board has authorized a stock repurchase plan on Friday, April 7th 2017, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

General Motors Company (NYSE:GM) issued its earnings results on Friday, April, 28th. The company reported $1.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.45 by $0.25. The business earned $41.20 billion during the quarter, compared to analyst estimates of $37.38 billion. General Motors Company had a return on equity of 22.82% and a net margin of 5.92%. The business's revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 earnings per share. View General Motors Company's Earnings History.

24 equities research analysts have issued 12-month price targets for General Motors Company's stock. Their predictions range from $29.00 to $50.00. On average, they expect General Motors Company's share price to reach $39.65 in the next twelve months. View Analyst Ratings for General Motors Company.

Here are some recent quotes from research analysts about General Motors Company stock:

• 1. According to Zacks Investment Research, "General Motors' capital allocation strategy, initiatives to make its vehicles more advanced, safer and fuel efficient and focus on technology development are likely to benefit. Moreover, the company's focus on capital deployment is expected to boost shareholder returns. Its restructuring activities are also expected to benefit in the long run. Also, the company is raising investment in emerging markets to boost global sales. It is looking to take advantage of emerging markets growth via product launches and joint ventures. However, General Motors has underperformed the Zacks categorized Auto Manufacturers-Domestic industry over the last six months." (6/21/2017)
• 2. Evercore ISI analysts commented, "Last year we had Brexit. This year it is GMEexit as PSA and GM confirmed earlier today that GM will sell both its automotive and financing operations in Europe to PSA. This morning, GM's stock is down but we believe investors should view the transaction positively. The transaction makes GM a higher return and stronger cash generating business, full stop. While the near term benefits to GM's P&L are muted, the transaction provides GM with an inexpensive exit from a business which has struggled to make money, let alone cover its cost of capital, for many years. Europe remains a market with minimal cycle over cycle unit growth and increasing regulatory cost pressure. As a result, it is and is likely to remain one of the least profitable regions globally for mass market OEMs. Through this transaction, GM has reduced its risk in the next European economic downturn and its gross cash requirements today, enabling the company to quickly return c$2bn to shareholders. Meanwhile, 'fixing Europe' will no longer be a pre-occupation for GM's senior management teams." (3/6/2017)
• 3. Piper Jaffray Companies analysts commented, "We reiterate our Overweight rating following today's 4Q16 earnings call. GM didn't break much new ground during the call itself, as 2017 guidance had already been unveiled at a recent conference. We think the post-earnings sell-off mainly represents profit-taking, not a true change-of-heart amongst investors. Management fielded several questions re: the impact of Trump's policy proposals - but unsurprisingly, offered little clarity on these topics (the CEO has been a frequent attendee at Trump's round-table industry meetings, but when it comes to predicting future legislation, she appears no better equipped than the rest of us). We are moving our estimates higher primarily to reflect updated guidance and better results in South America. Our price target is moving to $43 (from $42)." (2/8/2017)
• 4. Morgan Stanley analysts commented, "GM posted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. Other regions in line. GM reiterated its strong 2017 outlook including $6bn auto FCF (we fcst $7bn auto FCF). We see GM in position to surprise the market on FCF, the pace/scope of structural change and cash return." (2/7/2017)

General Motors Company saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 41,906,073 shares, an increase of 35.7% from the June 15th total of 30,891,687 shares. Based on an average trading volume of 10,586,029 shares, the days-to-cover ratio is presently 4.0 days. Approximately 3.1% of the shares of the stock are short sold.

Some companies that are related to General Motors Company include Volkswagen AG (VLKAY), Daimler AG (DDAIF), Bayerische Motoren Werke AG (BAMXF), Tesla (TSLA), Honda Motor Company (HMC), Ford Motor Company (F), Continental AG (CTTAY), Nissan Motor Co Ltd (NSANY), Denso Corp. (DNZOY), Cummins (CMI), Fuji Heavy Industries (FUJHY), MICHELIN (CGDE) (MGDDY), Delphi Automotive PLC (DLPH), Tata Motors Ltd (TTM), PACCAR (PCAR), Ferrari N.V. (RACE), Magna International (MGA) and Fiat Chrysler Automobiles N.V. (FCAU).

General Motors Company's management team includes the folowing people:

• Mary T. Barra, Chairman of the Board, Chief Executive Officer
• Daniel Ammann, President
• Charles K. Stevens III, Chief Financial Officer, Executive Vice President
• Karl-Thomas Neumann, Executive Vice President, President, GM Europe & Chairman of the Management Board of Opel Group GmbH
• Craig B. Glidden, Executive Vice President, General Counsel
• Alan S. Batey, Executive Vice President, President, GM North America
• Alicia Boler-Davis, Executive Vice President - Global Manufacturing
• Carel Johannes de Nysschen, Executive Vice President and President of Cadillac
• Barry L. Engle II, Executive Vice President, President, South America
• Stefan Jacoby, Executive Vice President and President - GM International

General Motors Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Oldfield Partners LLP (0.36%), Douglas Lane & Associates LLC (0.16%), Chevy Chase Trust Holdings Inc. (0.10%), Hexavest Inc. (0.09%), National Pension Service (0.08%) and Oregon Public Employees Retirement Fund (0.07%). Company insiders that own General Motors Company stock include Daniel Ammann, James B Deluca, Jane L Mendillo, John J Quattrone, Joseph Jimenez, Karl-Thomas Neumann, Mark L Reuss, Stefan Jacoby and Thomas S Timko. View Institutional Ownership Trends for General Motors Company.

General Motors Company's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Hexavest Inc., VNBTrust National Association, Exxonmobil Investment Management Inc. TX, Atalanta Sosnoff Capital LLC, American National Bank, Legacy Private Trust Co. and Gulf International Bank UK Ltd. Company insiders that have sold General Motors Company stock in the last year include Daniel Ammann, John J Quattrone, Karl-Thomas Neumann, Mark L Reuss, Stefan Jacoby and Thomas S Timko. View Insider Buying and Selling for General Motors Company.

General Motors Company's stock was acquired by a variety of institutional investors in the last quarter, including Oldfield Partners LLP, Mn Services Vermogensbeheer B.V., James Investment Research Inc., Oregon Public Employees Retirement Fund, Douglas Lane & Associates LLC, National Pension Service, Park National Corp OH and Sentinel Trust Co. LBA. Company insiders that have bought General Motors Company stock in the last two years include Jane L Mendillo and Joseph Jimenez. View Insider Buying and Selling for General Motors Company.

Shares of General Motors Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of General Motors Company stock can currently be purchased for approximately $36.07.