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
Stock Exchange NYSE
Industry Motor vehicles & car bodies
Sub-IndustryAutomobile Manufacturers
SectorAuto/Tires/Trucks
SymbolNYSE:GM
CUSIP37045V10
Phone313-667-1500
Debt
Debt-to-Equity Ratio1.81
Current Ratio0.88
Quick Ratio0.74
Price-To-Earnings
Trailing P/E Ratio5.32
Forward P/E Ratio5.94
P/E Growth0.73
Sales & Book Value
Annual Sales$145.59 billion
Price / Sales0.34
Cash Flow$15.4236 per share
Price / Cash2.29
Book Value$25.49 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$6.62
Net Income$-3,864,000,000.00
Net Margins-3.26%
Return on Equity23.39%
Return on Assets4.09%
Miscellaneous
Employees180,000
Outstanding Shares1,410,890,000
Market Cap$50.41 billion
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 Tuesday, July 24th. Investors of record on Friday, September 7th will be paid a dividend of $0.38 per share on Friday, September 21st. This represents a $1.52 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Thursday, September 6th. View General Motors' Dividend History.
How will General Motors' stock buyback program work?
General Motors announced that its Board of Directors has approved a stock buyback program on Friday, April 7th 2017, which allows the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.
How were General Motors' earnings last quarter?
General Motors (NYSE:GM) released its quarterly earnings data on Wednesday, July, 25th. The auto manufacturer reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.78 by $0.03. The auto manufacturer had revenue of $36.80 billion for the quarter, compared to the consensus estimate of $36.62 billion. General Motors had a negative net margin of 3.26% and a positive return on equity of 23.39%. The business's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 earnings per share. View General Motors' Earnings History.
When is General Motors' next earnings date?
What guidance has General Motors issued on next quarter's earnings?
General Motors issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share (EPS) guidance of ~$6 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.41.
What price target have analysts set for GM?
20 equities research analysts have issued twelve-month target prices for General Motors' shares. Their forecasts range from $34.00 to $60.00. On average, they expect General Motors' stock price to reach $47.6316 in the next twelve months. This suggests a possible upside of 34.9% from the stock's current price. View Analyst Price Targets for General Motors.
What is the consensus analysts' recommendation for General Motors?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Motors in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, "Over the past three months, shares of General Motors have underperformed the industry it belongs to. Also, the Zacks Consensus Estimate for both the current quarter and current year earnings has decreased over the past month. The pulling back of discounts is reportedly hurting its sales in recent times. The company expects weak used car pricing, a challenging pricing environment in the U.S. and China as well as more pressure on commodity costs. Also, the company is facing a high inventory level of passenger cars. It is working toward bringing the inventory down by cutting production." (9/5/2018)
- 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 decline in short interest during the month of August. As of August 15th, there was short interest totalling 26,579,240 shares, a decline of 10.9% from the July 31st total of 29,823,532 shares. Based on an average daily trading volume, of 9,878,399 shares, the short-interest ratio is presently 2.7 days. Currently, 2.0% of the shares of the stock are short sold. View General Motors' Current Options Chain.
Who are some of General Motors' key competitors?
Some companies that are related to General Motors include Toyota Motor (TM), Daimler (DDAIF), Honda Motor (HMC), Tesla (TSLA), Ford Motor (F), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), Fiat Chrysler Automobiles (FCAU), Hyundai Motor (HYMLF), Ferrari (RACE), PACCAR (PCAR), SUBARU CORP/ADR (FUJHY), GEELY AUTOMOBIL/ADR (GELYY), Tata Motors (TTM) and Brilliance China Automotive (BCAUY).
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. Mark L. Reuss, Exec. VP of Global Product Devel., Purchasing & Supply Chain (Age 54)
- Mr. Alan S. Batey, EVP & Pres of North America (Age 55)
- Mr. Charles K. Stevens III, Adviser (Age 58)
Has General Motors been receiving favorable news coverage?
News headlines about GM stock have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. 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 daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the auto manufacturer an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for General Motors.
Who are General Motors' major shareholders?
General Motors' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (1.06%), Bank of New York Mellon Corp (1.02%), Bank of New York Mellon Corp (1.02%), Northern Trust Corp (0.97%), LSV Asset Management (0.83%) and Janus Henderson Group PLC (0.70%). 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 Renaissance Technologies LLC, Hexavest Inc., Oldfield Partners LLP, Golub Group LLC, SG Americas Securities LLC, Massachusetts Financial Services Co. MA, KBC Group NV and First Republic Investment Management Inc.. 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, 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 bought by a variety of institutional investors in the last quarter, including Ruffer LLP, Natixis, Bank of New York Mellon Corp, Bank of New York Mellon Corp, ING Groep NV, Chevy Chase Trust Holdings Inc., Oregon Public Employees Retirement Fund and Ashler Capital LLC. 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 $35.32.
How big of a company is General Motors?
General Motors has a market capitalization of $50.41 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 (NYSE 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.
