Group 1 Automotive - GPI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Group 1 Automotive in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GPI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GPI, but not buy additional shares or sell existing shares.
View GPI analyst ratings or view top-rated stocks.

2 brokerages have issued 1 year price objectives for Group 1 Automotive's stock. Their GPI share price forecasts range from $142.00 to $210.00. On average, they anticipate the company's stock price to reach $176.00 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for GPI or view top-rated stocks among Wall Street analysts.

Group 1 Automotive's stock was trading at $195.22 on January 1st, 2022. Since then, GPI shares have decreased by 6.0% and is now trading at $183.49.
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Group 1 Automotive saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,030,000 shares, an increase of 5.7% from the July 15th total of 1,920,000 shares. Based on an average daily trading volume, of 181,400 shares, the short-interest ratio is currently 11.2 days. Currently, 13.4% of the company's shares are short sold.
View Group 1 Automotive's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our GPI earnings forecast.

Group 1 Automotive, Inc. (NYSE:GPI) released its quarterly earnings results on Wednesday, July, 27th. The company reported $12.00 earnings per share for the quarter, topping analysts' consensus estimates of $10.56 by $1.44. The firm earned $4.10 billion during the quarter, compared to analyst estimates of $4.02 billion. Group 1 Automotive had a trailing twelve-month return on equity of 37.65% and a net margin of 4.35%. The firm's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the business earned $10.31 earnings per share.

Group 1 Automotive declared a quarterly dividend on Wednesday, May 18th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.37 per share on Wednesday, June 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Tuesday, May 31st. This is a boost from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for GPI.

Group 1 Automotive (NYSE:GPI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 0.82%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPI will have a dividend payout ratio of 4.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPI.

119 employees have rated Group 1 Automotive Chief Executive Officer Earl J. Hesterberg on Glassdoor.com. Earl J. Hesterberg has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Group 1 Automotive investors own include Advanced Micro Devices (AMD), Intel (INTC), Asbury Automotive Group (ABG), Comcast (CMCSA), Home Depot (HD), AT&T (T), Walgreens Boots Alliance (WBA), AutoNation (AN), NVIDIA (NVDA) and Procter & Gamble (PG).

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

Group 1 Automotive's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.03%), Principal Financial Group Inc. (0.72%), Clearbridge Investments LLC (0.61%), Deutsche Bank AG (0.55%), Smith Graham & Co. Investment Advisors LP (0.50%) and Victory Capital Management Inc. (0.42%). Insiders that own company stock include Darryl M Burman, Darryl M Burman, Daryl Kenningham, Earl J Hesterberg, Earl J Hesterberg, Frank Grese, John C Rickel, John L Adams, Lincoln Pereira, Max P Watson, Michael David Jones, Peter C Delongchamps and Peter C Delongchamps.
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Shares of GPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GPI stock can currently be purchased for approximately $183.49.

Group 1 Automotive (NYSE:GPI) has a market capitalization of $2.90 billion and generates $13.48 billion in revenue each year. The company earns $552.10 million in net income (profit) each year or $37.95 on an earnings per share basis.

The company employs 13,711 workers across the globe.

Group 1 Automotive's mailing address is 800 GESSNER SUITE 500, HOUSTON TX, 77024. The official website for the company is www.group1auto.com. The company can be reached via phone at (713) 647-5700, via email at ir@group1auto.com, or via fax at 713-647-5858.