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, 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 2.91%. The ex-dividend date of this dividend is Thursday, June 7th. View Genuine Parts' Dividend History.

Genuine Parts announced that its Board of Directors has approved a stock repurchase program on Tuesday, August 22nd 2017, which allows the company to buyback 15,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Genuine Parts (NYSE:GPC) announced its quarterly earnings data on Thursday, July, 19th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.01. The specialty retailer earned $4.82 billion during 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.29 EPS. 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 brokers have issued 12-month price targets for Genuine Parts' shares. 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 0.5% 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).

Press coverage about GPC stock has been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Genuine Parts earned a news impact score of 0.06 on Accern's scale. They also assigned news articles about the specialty retailer an impact score of 47.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Genuine Parts.

Genuine Parts' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 $98.89.

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]