Group 1 Automotive - GPI Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Group 1 Automotive in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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.
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3 Wall Street research analysts have issued 1 year target prices for Group 1 Automotive's shares. Their GPI share price forecasts range from $142.00 to $358.00. On average, they expect the company's stock price to reach $236.67 in the next twelve months. This suggests a possible upside of 58.5% from the stock's current price.
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Group 1 Automotive's stock was trading at $195.22 at the start of the year. Since then, GPI shares have decreased by 23.5% and is now trading at $149.32.
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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) posted its earnings results on Wednesday, July, 27th. The company reported $12.00 earnings per share for the quarter, beating the consensus estimate of $10.56 by $1.44. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.02 billion. Group 1 Automotive had a net margin of 4.35% and a trailing twelve-month return on equity of 37.65%. Group 1 Automotive's revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $10.31 EPS.

Group 1 Automotive announced a quarterly dividend on Tuesday, August 16th. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.38 per share on Thursday, September 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Wednesday, August 31st. This is a positive change from the stock's previous quarterly dividend of $0.37.
Read our dividend analysis for GPI.

Group 1 Automotive (NYSE:GPI) pays an annual dividend of $1.52 per share and currently has a dividend yield of 1.03%. 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 4.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPI will have a dividend payout ratio of 4.15% 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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.00%), Goldman Sachs Group Inc. (3.32%), Macquarie Group Ltd. (2.84%), Eminence Capital LP (1.88%), Northern Trust Corp (1.45%) and Prudential Financial Inc. (1.37%). Insiders that own company stock include Darryl M Burman, Daryl Kenningham, Earl J Hesterberg, Earl J Hesterberg, Frank Grese, John C Rickel, 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 $149.32.

Group 1 Automotive (NYSE:GPI) has a market capitalization of $2.36 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.