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. Investors of record on Friday, June 8th will be paid a dividend of $0.72 per share on Monday, July 2nd. This represents a $2.88 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Thursday, June 7th. View Genuine Parts' Dividend History.

Genuine Parts declared that its board has approved a stock repurchase program on Tuesday, August 22nd 2017, which permits the company to repurchase 15,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Genuine Parts (NYSE:GPC) posted its earnings results on Thursday, July, 19th. The specialty retailer reported $1.59 EPS for the quarter, topping analysts' consensus estimates 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 company's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company posted $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 EPS guidance of $5.60-5.75 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 12-month price targets for Genuine Parts' stock. Their forecasts range from $95.00 to $107.00. On average, they expect Genuine Parts' stock price to reach $99.40 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Genuine Parts include General Motors (GM), Bayerische Motoren Werke (BAMXF), 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) and RENAULT S A/ADR (RNLSY).

Media headlines about GPC stock have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of 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 0.22 on Accern's scale. They also assigned news articles about the specialty retailer an impact score of 46.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Genuine Parts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.27%), Park National Corp OH (0.22%), Sabal Trust CO (0.19%), Deprince Race & Zollo Inc. (0.18%), Gateway Investment Advisers LLC (0.12%) and Bank of Montreal Can (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 bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Whittier Trust Co., State of Alaska Department of Revenue, Sabal Trust CO, Park National Corp OH, Alethea Capital Management LLC, Xact Kapitalforvaltning AB and Nisa Investment Advisors LLC. 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 $98.06.

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]