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 announced a quarterly dividend on Monday, November 19th. Investors of record on Friday, December 7th will be given a dividend of $0.72 per share on Wednesday, January 2nd. This represents a $2.88 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, December 6th. View Genuine Parts' Dividend History.

Genuine Parts announced that its board has initiated a share repurchase plan 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. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Genuine Parts (NYSE:GPC) issued its earnings results on Thursday, October, 18th. The specialty retailer reported $1.48 EPS for the quarter, hitting the Zacks' consensus estimate of $1.48. The specialty retailer had revenue of $4.72 billion for the quarter, compared to analysts' expectations of $4.71 billion. Genuine Parts had a net margin of 3.99% and a return on equity of 22.54%. The business's quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.16 EPS. View Genuine Parts' Earnings History.

Genuine Parts is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Genuine Parts.

Genuine Parts issued an update on its FY18 earnings guidance on Thursday, October, 18th. The company provided EPS guidance of $5.60-5.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.64. The company issued revenue guidance of +14-15% to ~$1.86-1.88 billion, compared to the consensus revenue estimate of $18.63 billion.

6 analysts have issued 12-month target prices for Genuine Parts' stock. Their forecasts range from $99.00 to $107.00. On average, they anticipate Genuine Parts' stock price to reach $102.75 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Genuine Parts.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genuine Parts in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genuine Parts.

News headlines about GPC stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Genuine Parts earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the specialty retailer a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the company's share price in the near term.

Some companies that are related to Genuine Parts include Honda Motor (HMC), Bayerische Motoren Werke (BAMXF), General Motors (GM), DENSO Corp/ADR (DNZOY), Ford Motor (F), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), Continental (CTTAY), Bridgestone (BRDCY), VOLVO AB/ADR (VLVLY), Cummins (CMI), RENAULT S A/ADR (RNLSY), PACCAR (PCAR), Ferrari (RACE) and SUZUKI MTR CORP/ADR (SZKMY).

Genuine Parts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.70%), JPMorgan Chase & Co. (4.26%), Glenmede Trust Co. NA (4.07%), Wells Fargo & Company MN (2.50%), American Century Companies Inc. (1.40%) and Bank of New York Mellon Corp (1.22%). View Institutional Ownership Trends for Genuine Parts.

GPC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Janus Henderson Group PLC, Cornerstone Wealth Management LLC, Mitsubishi UFJ Trust & Banking Corp, State of New Jersey Common Pension Fund D, Gamco Investors INC. ET AL and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Genuine Parts.

GPC stock was bought by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, Morgan Stanley, WBI Investments Inc., American Century Companies Inc., Bank of Montreal Can, Renaissance Technologies LLC, Jane Street Group LLC and Victory Capital Management 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 $99.52.

Genuine Parts has a market capitalization of $15.03 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.

The official website for Genuine Parts is http://www.genpt.com.

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]