NYSE:GM

General Motors - GM Stock Forecast, Price & News

$41.13

-0.37 (-0.89%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: $40.31
▼
$41.99
50-Day Range: $32.53
▼
$41.50
52-Week Range: $30.33
▼
$52.00

Volume: 18.55 million shs
Average Volume: 17.41 million shs
Market Capitalization: $57.36 billion

P/E Ratio: 6.71
Dividend Yield: 0.92%
Price Target: $48.72

Institutional Ownership

General Motors MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 18.5% Upside
$48.72 Price Target
Short Interest: Healthy
1.44% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -6.44
Upright™ Environmental Score
News Sentiment: 0.31
Based on 92 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -19.40%
From $6.29 to $5.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Auto/Tires/Trucks Sector

13th out of 96 stocks

Motor Vehicles & Car Bodies Industry

4th out of 30 stocks

3.3

Analyst's Opinion

Consensus Rating
General Motors has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 11 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $48.72, General Motors has a forecasted upside of 18.5% from its current price of $41.13.
Amount of Analyst Coverage
General Motors has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.44% of the float of General Motors has been sold short.
Short Interest Ratio / Days to Cover
General Motors has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in General Motors has recently decreased by 4.31%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
General Motors has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
General Motors does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of General Motors is 5.87%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, General Motors will have a dividend payout ratio of 7.10% next year. This indicates that General Motors will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
General Motors has received a -143.58% net impact score from Upright. The largest negative impact of General Motors in category "GHG emissions" seems to be driven mostly by its "Gasoline trucks", "Manned diesel trucks", and "Manned gasoline passenger cars" products. See details.
Environmental Sustainability
The Environmental Impact score for General Motors is -6.44.

2.9

News and Social Media Coverage

News Sentiment
General Motors has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 92 news articles for General Motors this week, compared to 30 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 2 reddit mentions for General Motors this week, compared to 9 mentions on an average week.
Search Interest
183 people have searched for GM on MarketBeat in the last 30 days. This is an increase of 76% compared to the previous 30 days.
MarketBeat Follows
55 people have added General Motors to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, General Motors insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.10% of the stock of General Motors is held by insiders.
Percentage Held by Institutions
78.92% of the stock of General Motors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for General Motors are expected to decrease by -19.40% in the coming year, from $6.29 to $5.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of General Motors is 6.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of General Motors is 6.71, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 28.40.
Price to Earnings Growth Ratio
General Motors has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
General Motors has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About General Motors (NYSE:GM) Stock

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, Cruise and GM Financial. The company sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.

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GM Stock News Headlines

February 3, 2023 | marketbeat.com

Treasury makes more electric SUVs eligible for tax credits

The Treasury Department said Friday it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions

February 3, 2023 | marketbeat.com

Ford Stock Going Forward After Big Earnings Flop (GM)

Ford shares are still trading almost 50% lower from last year’s all-time high even with the recent rally. Can they be called cheap?

February 4, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.

February 1, 2023 | marketbeat.com

Should You Take General Motors for a Ride After Earnings?

GM stock is up over 7% after handily beat expectations on the top and bottom lines but with recession looming, should GM stock be a stock to consider buying?

January 31, 2023 | marketbeat.com

GM conditionally OKs $650M Nevada lithium mine investment

General Motors has conditionally agreed to invest $650 million in Lithium Americas in a deal that will give GM exclusive access to the first phase of a mine planned near the Nevada-Oregon line with the largest known source of lithium in the U.S. The equity investment the companies announced jointly Tuesday is contingent on the project clearing the final environmental and legal challenges it faces in federal court in Reno, where conservationists and tribes are suing to block it

January 31, 2023 | marketbeat.com

GM quarterly profit jumps 16% as sales rebound late in 2022

Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago

January 31, 2023 | marketbeat.com

Trading Volume on Fisker Is Electric! Uptrend On? (GM)

Whether last week’s spark is followed by a sustained uptrend will ultimately depend on how the market views Fisker’s fundamentals and technicals.

January 31, 2023 | marketbeat.com

GM 4Q earnings rise 16% as sales rebound at end of last year

Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago

February 4, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

January 25, 2023 | marketbeat.com

EVgo Stock is Charged Up to Ride the EV Adoption Wave (GM)

EVgo Inc. (NASDAQ: EVGO) operates a growing clean energy network of direct current (DC) fast charging stations. The Company offers both level 2 and level 3

January 20, 2023 | marketbeat.com

GM to sink over $900M into 4 plants, Flint to get new engine

General Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs

January 19, 2023 | marketbeat.com

Does a Price Cut for Tesla Vehicles Mean the Same for TSLA Stock? (GM)

Tesla announced price cuts on popular models in order to boost sales, after several earnings misses. Hopefull this can build momentum to restore stock value

February 4, 2023 | americanbankingnews.com

General Motors (NYSE:GM) to Post Q1 2023 Earnings of $1.46 Per Share, Wedbush Forecasts