NYSE:GPIGroup 1 Automotive Stock Price, Forecast & News

Group 1 Automotive's stock was trading at $61.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GPI shares have increased by 5.1% and is now trading at $64.16. View which stocks have been most impacted by Coronavirus.

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.

Group 1 Automotive is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Group 1 Automotive.

Group 1 Automotive, Inc. (NYSE:GPI) posted its earnings results on Tuesday, May, 5th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.34. The company had revenue of $2.69 billion for the quarter, compared to analysts' expectations of $2.57 billion. Group 1 Automotive had a return on equity of 16.32% and a net margin of 1.38%. Group 1 Automotive's revenue was down 4.2% compared to the same quarter last year. During the same period last year, the company posted $2.06 earnings per share. View Group 1 Automotive's earnings history.

Group 1 Automotive announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.30 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Group 1 Automotive's previous quarterly dividend of $0.29. View Group 1 Automotive's dividend history.

Group 1 Automotive declared that its Board of Directors has authorized a share repurchase plan on Thursday, February 21st 2019, which authorizes the company to repurchase $75,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

6 brokers have issued 12 month target prices for Group 1 Automotive's shares. Their forecasts range from $82.00 to $130.00. On average, they anticipate Group 1 Automotive's stock price to reach $98.83 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for Group 1 Automotive.

Media stories about GPI stock have trended negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Group 1 Automotive earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Group 1 Automotive.

Group 1 Automotive saw a decrease in short interest in June. As of June 30th, there was short interest totaling 2,760,000 shares, a decrease of 6.4% from the June 15th total of 2,950,000 shares. Based on an average daily volume of 326,800 shares, the short-interest ratio is currently 8.4 days. Currently, 16.1% of the company's stock are short sold. View Group 1 Automotive's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Group 1 Automotive investors own include Asbury Automotive Group (ABG), Lithia Motors (LAD), IBM (IBM), Coca-Cola (KO), Alibaba Group (BABA), Comcast (CMCSA), Walt Disney (DIS), Energy Transfer LP Unit (ET), Altria Group (MO) and Marathon Petroleum (MPC).

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

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 $64.16.

Group 1 Automotive has a market capitalization of $1.17 billion and generates $12.04 billion in revenue each year. The company earns $174 million in net income (profit) each year or $10.93 on an earnings per share basis. Group 1 Automotive employs 15,296 workers across the globe.

The official website for Group 1 Automotive is www.group1auto.com.

Group 1 Automotive's mailing address is 800 GESSNER SUITE 500, HOUSTON TX, 77024. The company can be reached via phone at 713-647-5700 or via email at [email protected]