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 declared a quarterly dividend on Thursday, April 27th. Investors of record on Friday, June 9th will be given 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 4.17%. The ex-dividend date of this dividend is Wednesday, June 7th. View General Motors Company's Dividend History.

General Motors Company declared that its board has authorized a share repurchase program on Friday, April 7th 2017, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

General Motors Company (NYSE:GM) released its quarterly earnings data on Friday, April, 28th. The company reported $1.70 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.45 by $0.25. The company earned $41.20 billion during the quarter, compared to analysts' expectations of $37.38 billion. General Motors Company had a return on equity of 23.30% and a net margin of 6.35%. General Motors Company's revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. View General Motors Company's Earnings History.

24 equities research analysts have issued 1-year target prices for General Motors Company's shares. Their forecasts range from $29.00 to $50.00. On average, they anticipate General Motors Company's share price to reach $39.65 in the next year. 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)
• 5. Daiwa Capital Markets analysts commented, "handily" exceeded expectations in its second-quarter print and raised its 2016 outlook. However, the company's upwardly revised earnings-per-share guidance of $5.50 to $6.00 implies its earnings will actually decline sequentially.Nathan added that he expects further declines in General Motors' earnings in 2017 due to a full year of negative impact in the U.K. due to the Brexit vote. He added that prior tailwind effects of volume and pricing are "subsiding" in North America as "demand momentum slowdown."With that said, Nathan is now expecting General Motors to earn $5.80 per share for the full fiscal year. The estimate implies "limited earnings outperformance potential," (7/22/2016)

General Motors Company saw a increase in short interest in 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 daily volume of 10,586,029 shares, the days-to-cover ratio is currently 4.0 days. Currently, 3.1% of the shares of the stock are sold short.

Some companies that are related to General Motors Company include Marriott International (MAR), Carnival plc (CCL), Compass Group plc (CPG), VF Corp (VFC), Sky Plc (SKY), Sky Plc (BSY), Yum China Holdings (YUMC), Masco Corp (MAS), Wolseley plc (WOS), Wyndham Worldwide (WYN), InterContinental Hotels Group PLC (IHG), InterContinental Hotels Group PLC (IHG), PulteGroup (PHM), Persimmon plc (PSN), Tui AG (TUI), Burberry Group plc (BRBY), ITV plc (ITV) and Whitbread plc (WTB).

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 a variety of of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.16%), Chevy Chase Trust Holdings Inc. (0.10%), Hexavest Inc. (0.09%), National Pension Service (0.08%), Oregon Public Employees Retirement Fund (0.07%) and Aperio Group LLC (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 Hexavest Inc., VNBTrust National Association, Exxonmobil Investment Management Inc. TX, Atalanta Sosnoff Capital LLC, American National Bank, Legacy Private Trust Co., Gulf International Bank UK Ltd and Bank of The West. 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 purchased by a variety of institutional investors in the last quarter, including 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, Sentinel Trust Co. LBA and Meeder Asset Management Inc.. 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 $36.41.