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 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Thursday, September 6th. View Genuine Parts' Dividend History.

Genuine Parts declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 22nd 2017, which permits the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Genuine Parts (NYSE:GPC) posted its earnings results on Thursday, October, 18th. The specialty retailer reported $1.48 earnings per share for the quarter, meeting the consensus estimate of $1.48. The specialty retailer earned $4.72 billion during the quarter, compared to analysts' expectations of $4.71 billion. Genuine Parts had a return on equity of 22.54% and a net margin of 3.99%. The business's revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the firm 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 earnings per share (EPS) guidance of $5.60-5.70 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 1-year target prices for Genuine Parts' shares. Their predictions range from $99.00 to $107.00. On average, they expect Genuine Parts' stock price to reach $102.75 in the next twelve months. This suggests a possible upside of 0.9% 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 trended negative on Wednesday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Genuine Parts earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media stories about the specialty retailer a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.70%), JPMorgan Chase & Co. (4.26%), Wells Fargo & Company MN (2.50%), American Century Companies Inc. (1.40%), Bank of New York Mellon Corp (1.22%) and Gamco Investors INC. ET AL (1.03%). 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 Wells Fargo & Company MN. View Insider Buying and Selling for Genuine Parts.

GPC stock was bought by a variety of institutional investors in the last quarter, including WBI Investments Inc., American Century Companies Inc., Bank of Montreal Can, Renaissance Technologies LLC, Jane Street Group LLC, Victory Capital Management Inc., Deutsche Bank AG and SG Americas Securities 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 $101.87.

Genuine Parts has a market capitalization of $14.72 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]