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 Monday, July 24th. Investors of record on Friday, September 8th will be paid a dividend of $0.38 per share on Friday, September 22nd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Thursday, September 7th. View General Motors Company's Dividend History.

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

General Motors Company (NYSE:GM) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.17. The firm had revenue of $36.98 billion for the quarter, compared to the consensus estimate of $37.67 billion. General Motors Company had a return on equity of 22.45% and a net margin of 5.38%. The firm's revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. View General Motors Company's Earnings History.

General Motors Company is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for General Motors Company.

General Motors Company updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided EPS guidance of $6.00-6.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.08.

23 analysts have issued 1-year target prices for General Motors Company's stock. Their forecasts range from $29.00 to $51.00. On average, they expect General Motors Company's share price to reach $39.26 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 reported better-than-expected second-quarter 2017 earnings. However, revenues missed the estimate during the quarter. Also, General Motors has underperformed the industry it belongs to in the last six months. Also, a high inventory level of passenger cars is a concern before it. However, General Motors, with its strength in crossover segment, is set to gain. Also, the 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. Moreover, the company's focus on capital deployment is expected to boost shareholder returns. Also, the company is raising investment in emerging markets to boost global sales. It is trying to take advantage of emerging markets growth via product launches and joint ventures." (8/4/2017)
• 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 during the month of August. As of August 31st, there was short interest totalling 44,059,103 shares, an increase of 14.7% from the August 15th total of 38,426,459 shares. Based on an average trading volume of 7,306,892 shares, the days-to-cover ratio is currently 6.0 days. Currently, 3.3% of the company's stock are sold short.

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

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 Vanguard Group Inc. (6.41%), BlackRock Inc. (5.40%), Harris Associates L P (4.27%), Berkshire Hathaway Inc. (4.12%), State Street Corp (4.01%) and Capital World Investors (2.15%). Company insiders that own General Motors Company stock include Alan S Batey, Charles K Stevens III, Daniel Ammann, James B Deluca, Jane L Mendillo, John J Quattrone, Karl-Thomas Neumann, Mark L Reuss, Patricia F Russo, 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 Los Angeles Capital Management & Equity Research Inc., Alliancebernstein L.P., State Street Corp, Franklin Resources Inc., Harris Associates L P, Prudential Financial Inc., BlueMountain Capital Management LLC and APG Asset Management N.V.. Company insiders that have sold General Motors Company stock in the last year include Alan S Batey, Charles K Stevens III, 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 bought by a variety of institutional investors in the last quarter, including Berkshire Hathaway Inc., Janus Henderson Group PLC, Vanguard Group Inc., Parametric Portfolio Associates LLC, Capital World Investors, Teachers Advisors LLC, Quantitative Investment Management LLC and BlackRock Inc.. Company insiders that have bought General Motors Company stock in the last two years include Jane L Mendillo and Patricia F Russo. 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 $39.42.