About General Motors (NYSE:GM)
General Motors Company, together with its subsidiaries, designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, Jiefang, and Wuling brand names. The company also sells cars, trucks, and crossovers to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security, and mobility solutions, as well as information technology services. Further, the company provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.
Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryAutomobile Manufacturers
SectorAuto/Tires/Trucks
SymbolNYSE:GM
CUSIP37045V10
Phone313-667-1500
Debt
Debt-to-Equity Ratio1.96
Current Ratio0.86
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio6.64
Forward P/E Ratio6.82
P/E Growth1.24
Sales & Book Value
Annual Sales$145.59 billion
Price / Sales0.43
Cash Flow$15.5851 per share
Price / Cash2.82
Book Value$25.49 per share
Price / Book1.72
Profitability
EPS (Most Recent Fiscal Year)$6.62
Net Income$-3,864,000,000.00
Net Margins-3.76%
Return on Equity23.03%
Return on Assets4.11%
Miscellaneous
Employees180,000
Outstanding Shares1,409,440,000
General Motors (NYSE:GM) Frequently Asked Questions
What is General Motors' stock symbol?
General Motors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GM."
How often does General Motors pay dividends? What is the dividend yield for General Motors?
General Motors announced a quarterly dividend on Wednesday, April 25th. Investors of record on Friday, June 8th will be given a dividend of $0.38 per share on Friday, June 22nd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Thursday, June 7th. View General Motors' Dividend History.
How will General Motors' stock buyback program work?
General Motors declared that its Board of Directors has initiated a stock buyback 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 often an indication that the company's board believes its stock is undervalued.
How were General Motors' earnings last quarter?
General Motors (NYSE:GM) released its quarterly earnings results on Thursday, April, 26th. The auto manufacturer reported $1.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.24 by $0.19. The auto manufacturer earned $36.10 billion during the quarter, compared to the consensus estimate of $34.67 billion. General Motors had a positive return on equity of 23.03% and a negative net margin of 3.76%. General Motors's quarterly revenue was down 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 earnings per share. View General Motors' Earnings History.
When is General Motors' next earnings date?
What price target have analysts set for GM?
22 Wall Street analysts have issued 1-year price objectives for General Motors' shares. Their predictions range from $31.00 to $70.00. On average, they anticipate General Motors' share price to reach $47.30 in the next year. View Analyst Ratings for General Motors.
What are Wall Street analysts saying about General Motors stock?
Here are some recent quotes from research analysts about General Motors stock:
- 1. According to Zacks Investment Research, "General Motors’ first-quarter 2018 earnings and revenues beat the Zacks Consensus Estimates. During the quarter, crossover sales rose 23% on a year-over-year basis. However, both earnings and revenues declined on a year over year basis. Also, company’s capital allocation strategy, initiatives to make its vehicles more advanced, safer and fuel efficient and focus on technology development are likely to benefit. 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. However, frequent vehicle recalls, high inventory level of passenger cars and unfavorable currency translation effects are few headwinds for the company." (5/9/2018)
- 2. Bank of America Corp analysts commented, "gets it." The firm's John Murphy upgraded General Motors' stock rating from Neutral to Buy with a price target boosted from $40 to $57 (see Murphy's track record here).General Motors management time is showing investors it is dedicated to pursuing expansion opportunities at an "accelerated pace" while simultaneously maintaining the "strength" of its core truck and global auto business, Murphy argued in his upgrade note. Specifically, the company's ability to include autonomous electric vehicles into a ride-hailing fleet that is integrated with OnStar gives it a "unique competitive first mover position."As General Motors develops and commercializes its technology over time, the company will at the very least be able to "defend its current market share in whatever direction the new mobility world morphs into," the analyst said. But the more likely scenario would consist of the company offering a "more valuable mobility product" that will drive shareholder value higher.At this time, General Motors' vision of its future implies that management now "deserves the benefit of the doubt" and investors should treat the stock accordingly, Murphy said."We are acutely aware of the cyclical risks that represent a material overhang and are the biggest impediment to upside in the stock," Murphy concluded. "Nonetheless, we think GM possesses the requisite pieces of the puzzle to capitalize on the opportunities presented by thechanging mobility landscape, while leveraging the strength of its core auto business." (10/3/2017)
Are investors shorting General Motors?
General Motors saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 22,283,324 shares, a decrease of 12.5% from the May 15th total of 25,472,749 shares. Based on an average daily trading volume, of 13,015,483 shares, the short-interest ratio is currently 1.7 days. Currently, 1.7% of the company's shares are short sold.
Who are some of General Motors' key competitors?
Some companies that are related to General Motors include Toyota Motor (TM), Volkswagen Group (VLKAY), Daimler (DDAIF), Tesla (TSLA), Honda Motor (HMC), Ford Motor (F), Fiat Chrysler Automobiles (FCAU), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), Ferrari (RACE), GEELY AUTOMOBIL/ADR (GELYY), Hyundai Motor (HYMLF), SUBARU Corp/ADR (FUJHY), Paccar (PCAR) and Tata Motors (TTM).
Who are General Motors' key executives?
General Motors' management team includes the folowing people:
- Ms. Mary T. Barra, Chairman & CEO (Age 56)
- Mr. Daniel L. Ammann, Pres (Age 46)
- Mr. Charles K. Stevens III, Exec. VP & CFO (Age 58)
- Mr. Mark L. Reuss, Exec. VP of Global Product Devel., Purchasing & Supply Chain (Age 54)
- Mr. Alan S. Batey, EVP, Pres of North America and Head of GM Africa, Middle East & Global Chevrolet (Age 55)
Has General Motors been receiving favorable news coverage?
News articles about GM stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. General Motors earned a media sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the auto manufacturer an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are General Motors' major shareholders?
General Motors' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.53%), Franklin Resources Inc. (1.76%), Dimensional Fund Advisors LP (1.05%), Northern Trust Corp (0.97%), LSV Asset Management (0.79%) and Legal & General Group Plc (0.49%). Company insiders that own General Motors stock include Alan S Batey, Alicia S Boler-Davis, Barry L Engle II, Charles K Stevens III, Craig B Glidden, Daniel Ammann, Jane L Mendillo, John J Quattrone, Karl-Thomas Neumann, Mark L Reuss, Nysschen Carel J De, Patricia F Russo, Retiree Medical Benefits T Uaw, Stefan Jacoby and Thomas S Timko. View Institutional Ownership Trends for General Motors.
Which major investors are selling General Motors stock?
GM stock was sold by a variety of institutional investors in the last quarter, including Natixis, Caisse DE Depot ET Placement DU Quebec, SG Americas Securities LLC, Swiss National Bank, Legal & General Group Plc, Northern Trust Corp, Mckinley Capital Management LLC Delaware and Interval Partners LP. Company insiders that have sold General Motors company stock in the last year include Alan S Batey, Alicia S Boler-Davis, Barry L Engle II, Charles K Stevens III, Craig B Glidden, Daniel Ammann, John J Quattrone, Karl-Thomas Neumann, Mark L Reuss, Nysschen Carel J De, Retiree Medical Benefits T Uaw, Stefan Jacoby and Thomas S Timko. View Insider Buying and Selling for General Motors.
Which major investors are buying General Motors stock?
GM stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., OppenheimerFunds Inc., Levin Capital Strategies L.P., BlackRock Inc., Russell Investments Group Ltd., black and white Capital LP, Mackay Shields LLC and Prudential Financial Inc.. Company insiders that have bought General Motors stock in the last two years include Jane L Mendillo and Patricia F Russo. View Insider Buying and Selling for General Motors.
How do I buy shares of General Motors?
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, Scottrade, Fidelity and Charles Schwab.
What is General Motors' stock price today?
One share of GM stock can currently be purchased for approximately $43.95.
How big of a company is General Motors?
General Motors has a market capitalization of $61.89 billion and generates $145.59 billion in revenue each year. The auto manufacturer earns $-3,864,000,000.00 in net income (profit) each year or $6.62 on an earnings per share basis. General Motors employs 180,000 workers across the globe.
How can I contact General Motors?
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]
MarketBeat Community Rating for General Motors (GM)
MarketBeat's community ratings are surveys of what our community members think about General Motors and other stocks. Vote "Outperform" if you believe GM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GM will underperform the S&P 500 over the long term. You may vote once every thirty days.
