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 and 2 buy ratings 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.
View GPI analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year price objectives for Group 1 Automotive's shares. Their GPI share price forecasts range from $142.00 to $358.00. On average, they predict the company's share price to reach $236.67 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
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 at the beginning of 2022. Since then, GPI shares have decreased by 1.0% and is now trading at $193.34.
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Group 1 Automotive saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,320,000 shares, an increase of 7.9% from the September 30th total of 2,150,000 shares. Based on an average daily trading volume, of 194,700 shares, the short-interest ratio is currently 11.9 days. Approximately 15.4% of the shares of the company are sold short.
View Group 1 Automotive's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our GPI earnings forecast.

Group 1 Automotive, Inc. (NYSE:GPI) posted its earnings results on Wednesday, October, 27th. The company reported $9.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.09 by $0.53. The company earned $3.51 billion during the quarter, compared to analysts' expectations of $3.41 billion. Group 1 Automotive had a trailing twelve-month return on equity of 36.79% and a net margin of 4.32%. Group 1 Automotive's revenue was up 15.4% compared to the same quarter last year. During the same period last year, the business posted $6.97 EPS.

Group 1 Automotive announced a quarterly dividend on Wednesday, November 16th. Investors of record on Thursday, December 1st will be given a dividend of $0.39 per share on Thursday, December 15th. This represents a $1.56 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, November 30th. This is a boost from the stock's previous quarterly dividend of $0.38.
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 0.79%. 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 3.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPI will have a dividend payout ratio of 3.91% 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.85%), Vanguard Group Inc. (12.27%), Dimensional Fund Advisors LP (8.97%), State Street Corp (4.13%), The Manufacturers Life Insurance Company (3.26%) and Macquarie Group Ltd. (3.07%). 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.
View institutional ownership trends.

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 $193.34.

Group 1 Automotive (NYSE:GPI) has a market capitalization of $2.82 billion and generates $13.48 billion in revenue each year. The company earns $552.10 million in net income (profit) each year or $41.10 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.