NYSE:GPC - Genuine Parts Stock Price, Price Target & More

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

Genuine Parts declared a quarterly dividend on Monday, April 23rd. Stockholders of record on Friday, June 8th will be given a dividend of $0.72 per share on Monday, July 2nd. This represents a $2.88 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Thursday, June 7th. View Genuine Parts' Dividend History.

Genuine Parts announced that its board has authorized a share buyback program on Tuesday, August 22nd 2017, which authorizes the company to buyback 15,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Genuine Parts (NYSE:GPC) posted its earnings results on Thursday, July, 19th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.58 by $0.01. The specialty retailer earned $4.82 billion during the quarter, compared to the consensus estimate of $4.69 billion. Genuine Parts had a return on equity of 20.76% and a net margin of 3.73%. The firm's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.29 earnings per share. View Genuine Parts' Earnings History.

Genuine Parts is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Genuine Parts.

Genuine Parts updated 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.

7 analysts have issued twelve-month price objectives for Genuine Parts' shares. Their forecasts range from $95.00 to $107.00. On average, they expect Genuine Parts' share price to reach $99.60 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Ratings for Genuine Parts.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genuine Parts in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Genuine Parts include Tesla (TSLA), Honda Motor (HMC), Continental (CTTAY), Ford Motor (F), DENSO Corp/ADR (DNZOY), Fiat Chrysler Automobiles (FCAU), Nissan Motor (NSANY), VOLVO AB/ADR (VLVLY), Bridgestone (BRDCY), Ferrari (RACE), Hyundai Motor (HYMLF), SUZUKI MTR CORP/ADR (SZKMY), RENAULT S A/ADR (RNLSY), GEELY AUTOMOBIL/ADR (GELYY) and MICHELIN COMPAG/ADR (MGDDY).

Media headlines about GPC stock have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genuine Parts earned a media sentiment score of 0.18 on Accern's scale. They also assigned media stories about the specialty retailer an impact score of 46.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Genuine Parts' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.22%), Sabal Trust CO (0.19%), Deprince Race & Zollo Inc. (0.18%), Gateway Investment Advisers LLC (0.12%), Bank of Montreal Can (0.05%) and Retirement Systems of Alabama (0.05%). View Institutional Ownership Trends for Genuine Parts.

GPC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hartford Investment Management Co., Deprince Race & Zollo Inc., Stonebridge Capital Management Inc., Manning & Napier Group LLC, Huntington National Bank, Union Bankshares Corp and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Genuine Parts.

GPC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Sabal Trust CO, Park National Corp OH, Alethea Capital Management LLC, Xact Kapitalforvaltning AB, Nisa Investment Advisors LLC, Ballentine Partners LLC and Univest Corp of Pennsylvania. 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 $97.30.

Genuine Parts has a market capitalization of $13.82 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]