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, August 20th. Stockholders of record on Friday, September 7th will be paid a dividend of $0.72 per share on Monday, October 1st. This represents a $2.88 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Thursday, September 6th. View Genuine Parts' Dividend History.

Genuine Parts declared that its board has initiated a stock buyback plan on Tuesday, August 22nd 2017, which authorizes the company to buyback 15,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Genuine Parts (NYSE:GPC) released its quarterly earnings results on Thursday, October, 18th. The specialty retailer reported $1.48 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.48. The specialty retailer had revenue of $4.72 billion for the quarter, compared to the consensus estimate of $4.71 billion. Genuine Parts had a net margin of 3.99% and a return on equity of 22.54%. Genuine Parts's revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.16 earnings per share. 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 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 brokerages have issued 12-month target prices for Genuine Parts' stock. Their forecasts range from $99.00 to $107.00. On average, they expect Genuine Parts' stock price to reach $102.75 in the next year. This suggests a possible upside of 0.3% 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.

Headlines about GPC stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Genuine Parts earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Genuine Parts include Tesla (TSLA), Honda Motor (HMC), General Motors (GM), Bayerische Motoren Werke (BAMXF), Ford Motor (F), DENSO Corp/ADR (DNZOY), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), Continental (CTTAY), VOLVO AB/ADR (VLVLY), Bridgestone (BRDCY), Hyundai Motor (HYMLF), Cummins (CMI), RENAULT S A/ADR (RNLSY) and PEUGEOT SA/ADR (PUGOY).

Genuine Parts' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 purchased by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, WBI Investments Inc., American Century Companies Inc., Bank of Montreal Can, Renaissance Technologies LLC, Jane Street Group LLC, Victory Capital Management Inc. and Deutsche Bank AG. 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 $102.41.

Genuine Parts has a market capitalization of $14.88 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]