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. Stockholders of record on Friday, September 8th will be given a dividend of $0.38 per share on Friday, September 22nd. This represents a $1.52 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Thursday, September 7th. View General Motors Company's Dividend History.

General Motors Company announced that its Board of Directors has initiated 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 stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

General Motors Company (NYSE:GM) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $1.89 EPS for the quarter, topping the Zacks' consensus estimate of $1.72 by $0.17. The firm earned $36.98 billion during the quarter, compared to the consensus estimate of $37.67 billion. General Motors Company had a return on equity of 22.82% and a net margin of 5.92%. The firm's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.86 earnings per share. View General Motors Company's Earnings History.

General Motors Company is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for General Motors Company.

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

24 analysts have issued 1 year target prices for General Motors Company's shares. Their predictions range from $29.00 to $50.00. On average, they expect General Motors Company's share price to reach $39.70 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 underperformed the industry it belongs to over the last six months. Also, over the past 30 days, both its second-quarter and full year earnings estimates have declined. General Motors expects weak used car pricing, a challenging pricing environment in the U.S. and China as well as more pressure on commodity costs in 2017. Also, the company’s decision to halt sale of cars in India, sale of its South African business and streamlining the Singapore office, is a downside to it. Also, a high inventory level of passenger cars is a concern before it. Moreover, the company has been forced to scale down or shut its manufacturing operations in some regions due to production constraints such as high costs and unfavorable currency translation effects." (7/24/2017)
• 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 drop in short interest during the month of July. As of July 14th, there was short interest totalling 32,934,937 shares, a drop of 21.4% from the June 30th total of 41,906,073 shares. Based on an average daily trading volume, of 10,132,824 shares, the short-interest ratio is presently 3.3 days. Currently, 2.4% of the company's shares are short sold.

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

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 institutional and retail investors. Top institutional investors include Oldfield Partners LLP (0.36%), Russell Investments Group Ltd. (0.16%), Douglas Lane & Associates LLC (0.16%), Strs Ohio (0.14%), PGGM Investments (0.12%) and Chevy Chase Trust Holdings Inc. (0.10%). 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 APG Asset Management N.V., Russell Investments Group Ltd., ING Groep NV, Acadian Asset Management LLC, Hexavest Inc., Affinity Investment Advisors LLC, VNBTrust National Association and Exxonmobil Investment Management Inc. TX. 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 acquired by a variety of institutional investors in the last quarter, including Oldfield Partners LLP, Mn Services Vermogensbeheer B.V., Meag Munich Ergo Kapitalanlagegesellschaft MBH, James Investment Research Inc., Oregon Public Employees Retirement Fund, Douglas Lane & Associates LLC, National Pension Service and Park National Corp OH. 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 $35.62.