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. Shareholders 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 3.06%. The ex-dividend date of this dividend is Thursday, June 7th. View Genuine Parts' Dividend History.

Genuine Parts declared that its Board of Directors 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Genuine Parts (NYSE:GPC) issued its earnings results on Thursday, April, 19th. The specialty retailer reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by $0.05. The specialty retailer earned $4.59 billion during the quarter, compared to the consensus estimate of $4.48 billion. Genuine Parts had a net margin of 3.73% and a return on equity of 20.76%. Genuine Parts's quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.08 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, April, 19th. The company provided EPS guidance of $5.60-5.75 for the period, compared to the Thomson Reuters consensus estimate of $5.72. The company issued revenue guidance of $18-27-18.43 billion, compared to the consensus revenue estimate of $18.32 billion.

9 Wall Street analysts have issued 12 month price objectives for Genuine Parts' shares. Their forecasts range from $89.00 to $107.00. On average, they anticipate Genuine Parts' stock price to reach $97.00 in the next twelve months. View Analyst Ratings for Genuine Parts.

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

Media coverage about GPC stock has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genuine Parts earned a coverage optimism score of 0.13 on Accern's scale. They also gave headlines about the specialty retailer an impact score of 41.45 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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.22%), JPMorgan Chase & Co. (4.77%), Wells Fargo & Company MN (2.53%), Caisse DE Depot ET Placement DU Quebec (1.95%), Thomaspartners Inc. (1.50%) and American Century Companies Inc. (1.45%). View Institutional Ownership Trends for Genuine Parts.

GPC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Caisse DE Depot ET Placement DU Quebec, Gamco Investors INC. ET AL, Schroder Investment Management Group, Swiss National Bank, Northern Trust Corp, Usca Ria LLC and Morningstar Investment Services LLC. View Insider Buying and Selling for Genuine Parts.

GPC stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Ceredex Value Advisors LLC, State of New Jersey Common Pension Fund D, Millennium Management LLC, Schwab Charles Investment Management Inc., Schafer Cullen Capital Management Inc., Sei Investments Co. and Thomaspartners Inc.. 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 $94.25.

Genuine Parts has a market capitalization of $13.95 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]