NYSE:GPC - Genuine Parts Stock Price, News, & Analysis

Genuine Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPC."

Genuine Parts declared a quarterly dividend on Monday, August 20th. Stockholders of record on Friday, September 7th will be paid a dividend of $0.72 per share on Monday, October 1st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.90%. View Genuine Parts' Dividend History.

Genuine Parts declared that its Board of Directors has authorized a share repurchase plan on Tuesday, August 22nd 2017, which authorizes the company to buyback 15,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Genuine Parts (NYSE:GPC) issued its earnings results on Thursday, July, 19th. The specialty retailer reported $1.59 EPS for the quarter, beating the consensus estimate of $1.58 by $0.01. The specialty retailer had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.69 billion. Genuine Parts had a return on equity of 21.62% and a net margin of 3.78%. The business's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.29 earnings per share. View Genuine Parts' Earnings History.

Genuine Parts is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Genuine Parts.

Genuine Parts issued an update on its FY18 earnings guidance on Thursday, July, 19th. The company provided earnings per share guidance of $5.60-5.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.63. The company issued revenue guidance of +13-14% to ~$18.4-18.6 billion, compared to the consensus revenue estimate of $18.40 billion.

8 analysts have issued 12-month price objectives for Genuine Parts' stock. Their predictions range from $95.00 to $107.00. On average, they anticipate Genuine Parts' stock price to reach $99.40 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Genuine Parts.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genuine Parts in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genuine Parts.

Some companies that are related to Genuine Parts include Honda Motor (HMC), General Motors (GM), Continental (CTTAY), DENSO Corp/ADR (DNZOY), Ford Motor (F), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), Fiat Chrysler Automobiles (FCAU), Bridgestone (BRDCY), SUZUKI MTR CORP/ADR (SZKMY), Hyundai Motor (HYMLF), PEUGEOT SA/ADR (PUGOY), RENAULT S A/ADR (RNLSY), Cummins (CMI) and SUBARU CORP/ADR (FUJHY).

News articles about GPC stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Genuine Parts earned a daily sentiment score of 0.05 on Accern's scale. They also assigned news stories about the specialty retailer an impact score of 45.68 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Genuine Parts.

Genuine Parts' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.92%), Bank of America Corp DE (4.79%), Wells Fargo & Company MN (2.52%), Caisse DE Depot ET Placement DU Quebec (2.41%), Charles Schwab Investment Advisory Inc. (1.52%) and American Century Companies Inc. (1.33%). Company insiders that own Genuine Parts stock include James R Neill and Thomas Gallagher. View Institutional Ownership Trends for Genuine Parts.

GPC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, American Century Companies Inc., Janus Henderson Group PLC, United Services Automobile Association, Epoch Investment Partners Inc., Jane Street Group LLC and Morgan Stanley. View Insider Buying and Selling for Genuine Parts.

GPC stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Charles Schwab Investment Advisory Inc., Caisse DE Depot ET Placement DU Quebec, Cornerstone Wealth Management LLC, Renaissance Technologies LLC, California Public Employees Retirement System, Camden National Bank and Tredje AP fonden. View Insider Buying and Selling for Genuine Parts.

Shares of GPC 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.

One share of GPC stock can currently be purchased for approximately $99.38.

Genuine Parts has a market capitalization of $14.39 billion and generates $16.31 billion in revenue each year. The specialty retailer earns $616.75 million in net income (profit) each year or $4.64 on an earnings per share basis. Genuine Parts employs 48,000 workers across the globe.

Genuine Parts' mailing address is 2999 WILDWOOD PARKWAY, ATLANTA GA, 30339. The specialty retailer can be reached via phone at 678-934-5000 or via email at [email protected]