NYSE:GPI - Group 1 Automotive Stock Price, Forecast & News

Group 1 Automotive trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPI."

Group 1 Automotive announced a quarterly dividend on Wednesday, November 20th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.29 per share on Monday, December 16th. This represents a $1.16 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Friday, November 29th. This is a positive change from Group 1 Automotive's previous quarterly dividend of $0.28. View Group 1 Automotive's Dividend History.

Group 1 Automotive announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 21st 2019, which allows the company to repurchase $75,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Group 1 Automotive, Inc. (NYSE:GPI) released its earnings results on Wednesday, February, 5th. The company reported $3.01 EPS for the quarter, beating the consensus estimate of $2.71 by $0.30. The company earned $3.10 billion during the quarter, compared to analysts' expectations of $3.02 billion. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.31 earnings per share. View Group 1 Automotive's Earnings History.

Group 1 Automotive is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Group 1 Automotive.

6 brokerages have issued 12-month price objectives for Group 1 Automotive's shares. Their forecasts range from $77.00 to $130.00. On average, they expect Group 1 Automotive's stock price to reach $111.17 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Group 1 Automotive.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Group 1 Automotive in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Group 1 Automotive.

Media stories about GPI stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Group 1 Automotive earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Group 1 Automotive.

Some companies that are related to Group 1 Automotive include AutoZone (AZO), Advance Auto Parts (AAP), AutoNation (AN), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), America's Car-Mart (CRMT), CarMax (KMX), Lithia Motors (LAD), Monro (MNRO), O'Reilly Automotive (ORLY), Penske Automotive Group (PAG) and Sonic Automotive (SAH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Group 1 Automotive investors own include Asbury Automotive Group (ABG), The Coca-Cola (KO), Lithia Motors (LAD), Comcast (CMCSA), Emerson Electric (EMR), Corning (GLW), IBM (IBM), Altria Group (MO), Marathon Petroleum (MPC) and Cisco Systems (CSCO).

Group 1 Automotive's stock is owned by a variety of of retail and institutional investors. Top institutional investors include LSV Asset Management (4.81%), Goldman Sachs Group Inc. (3.59%), State Street Corp (3.34%), UBS Group AG (1.87%), Bank of New York Mellon Corp (1.58%) and Towle & Co. (1.45%). Company insiders that own Group 1 Automotive stock include Darryl M Burman, Daryl Kenningham, Earl J Hesterberg, Frank Grese, John C Rickel, John L Adams, Lincoln Pereira, Max P Watson, Michael David Jones and Peter C Delongchamps. View Institutional Ownership Trends for Group 1 Automotive.

GPI stock was sold by a variety of institutional investors in the last quarter, including Towle & Co., Palisade Capital Management LLC NJ, Marshall Wace LLP, Bank of New York Mellon Corp, Chicago Equity Partners LLC, Renaissance Technologies LLC, Barclays PLC and Victory Capital Management Inc.. Company insiders that have sold Group 1 Automotive company stock in the last year include Darryl M Burman, Daryl Kenningham, Earl J Hesterberg, Frank Grese, John C Rickel, John L Adams, Lincoln Pereira, Max P Watson, Michael David Jones and Peter C Delongchamps. View Insider Buying and Selling for Group 1 Automotive.

GPI stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Robeco Institutional Asset Management B.V., California Public Employees Retirement System, Public Sector Pension Investment Board, Vident Investment Advisory LLC, LSV Asset Management, Great West Life Assurance Co. Can and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Group 1 Automotive.

Shares of GPI 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, Robinhood, Fidelity and Charles Schwab.

One share of GPI stock can currently be purchased for approximately $98.54.