NYSE:GM - General Motors Stock Price, Forecast & News

General Motors' stock was trading at $26.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GM stock has decreased by 17.7% and is now trading at $21.40. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Motors in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for General Motors.

General Motors is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for General Motors.

General Motors (NYSE:GM) released its earnings results on Wednesday, February, 5th. The auto manufacturer reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.04. The auto manufacturer had revenue of $30.83 billion for the quarter, compared to analysts' expectations of $31.76 billion. General Motors had a net margin of 4.91% and a return on equity of 15.19%. The company's revenue for the quarter was down 19.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.43 EPS. View General Motors' earnings history.

General Motors declared a quarterly dividend on Monday, February 3rd. Investors of record on Friday, March 6th will be given a dividend of $0.38 per share on Friday, March 20th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.10%. The ex-dividend date of this dividend is Thursday, March 5th. View General Motors' dividend history.

General Motors updated its FY20 earnings guidance on Wednesday, February, 5th. The company provided earnings per share guidance of $5.75-6.25 for the period, compared to the Thomson Reuters consensus estimate of $6.28.

12 Wall Street analysts have issued 1 year price objectives for General Motors' shares. Their forecasts range from $27.00 to $55.00. On average, they anticipate General Motors' share price to reach $42.17 in the next year. This suggests a possible upside of 97.0% from the stock's current price. View analysts' price targets for General Motors.

Media headlines about GM stock have been trending very positive on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. General Motors earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media coverage about the auto manufacturer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutGeneral Motors.

General Motors saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 21,992,300 shares, an increase of 11.1% from the February 27th total of 19,790,000 shares. Based on an average daily volume of 11,180,000 shares, the short-interest ratio is currently 2.0 days. Approximately 1.7% of the company's stock are sold short. View General Motors' Current Options Chain.

Some companies that are related to General Motors include Tesla (TSLA), VOLKSWAGEN AG/ADR (VWAGY), Honda Motor (HMC), Daimler (DDAIF), Ferrari (RACE), VOLVO AB/ADR (VLVLY), PACCAR (PCAR), Ford Motor (F), Hyundai Motor (HYMLF), SUBARU CORP/ADR (FUJHY), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), GEELY AUTOMOBIL/ADR (GELYY), PEUGEOT SA/ADR (PUGOY) and WABCO (WBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other General Motors investors own include Verizon Communications (VZ), Ford Motor (F), AT&T (T), Bank of America (BAC), General Electric (GE), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Wells Fargo & Co (WFC), NVIDIA (NVDA) and Micron Technology (MU).

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

Shares of GM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GM stock can currently be purchased for approximately $21.40.

General Motors has a market capitalization of $30.58 billion and generates $137.24 billion in revenue each year. The auto manufacturer earns $6.73 billion in net income (profit) each year or $4.82 on an earnings per share basis. General Motors employs 164,000 workers across the globe. View additional information about General Motors.

The official website for General Motors is http://www.gm.com/.

General Motors' mailing address is 300 Renaissance Center, Detroit MI, 48265. The auto manufacturer can be reached via phone at 313-667-1500 or via email at [email protected]