Group 1 Automotive Stock Forecast, Price & 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 143.5% and is now trading at $148.71.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Group 1 Automotive in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Group 1 Automotive stock.
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Group 1 Automotive is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Group 1 Automotive.

Group 1 Automotive, Inc. (NYSE:GPI) announced its quarterly earnings data on Tuesday, November, 3rd. The company reported $6.97 earnings per share for the quarter, topping the Zacks' consensus estimate of $6.56 by $0.41. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.01 billion. Group 1 Automotive had a return on equity of 22.60% and a net margin of 2.13%. The firm's revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.02 earnings per share.
View Group 1 Automotive's earnings history.

Group 1 Automotive declared a quarterly dividend on Wednesday, November 18th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.30 per share on Tuesday, December 15th. This represents a $1.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Monday, November 30th.
View Group 1 Automotive's dividend history.

Group 1 Automotive pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.79%. The dividend payout ratio of Group 1 Automotive is 10.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Group 1 Automotive will have a dividend payout ratio of 6.69% next year. This indicates that Group 1 Automotive will be able to sustain or increase its dividend.
View Group 1 Automotive's dividend history.

Group 1 Automotive announced that its board has authorized a stock buyback plan on Thursday, February 21st 2019, which allows the company to repurchase $75,000,000.00 in 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 typically an indication that the company's management believes its shares are undervalued.

6 brokers have issued 12 month target prices for Group 1 Automotive's shares. Their forecasts range from $82.00 to $187.00. On average, they expect Group 1 Automotive's stock price to reach $140.17 in the next year. This suggests that the stock has a possible downside of 5.7%.
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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), Asbury Automotive Group (ABG), Monro (MNRO), Sonic Automotive (SAH), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of GPI's competitors.

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), The Home Depot (HD), AT&T (T), Walgreens Boots Alliance (WBA), AutoNation (AN), NVIDIA (NVDA) and The 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 investors include State of Alaska Department of Revenue (0.07%), Exchange Traded Concepts LLC (0.03%), Crossmark Global Holdings Inc. (0.01%), 6 Meridian (0.01%), First Hawaiian Bank (0.01%) and Huntington National Bank (0.00%). 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 State of Alaska Department of Revenue, and Crossmark Global Holdings 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, Lincoln Pereira, Michael David Jones, and Peter C Delongchamps.
View insider buying and selling activity for Group 1 Automotive or view top insider-selling stocks.

GPI stock was acquired by a variety of institutional investors in the last quarter, including 6 Meridian, First Hawaiian Bank, Exchange Traded Concepts LLC, and Huntington National Bank.
View insider buying and selling activity for Group 1 Automotive or or view top insider-buying stocks.

Shares of GPI 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.

One share of GPI stock can currently be purchased for approximately $148.71.

Group 1 Automotive has a market capitalization of $2.72 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]