NYSE:GPIGroup 1 Automotive Stock Price, Forecast & News

Group 1 Automotive's stock was trading at $61.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GPI stock has increased by 7.9% and is now trading at $65.87. 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) issued its quarterly earnings results on Tuesday, May, 5th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.34. The company earned $2.69 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company posted $2.06 EPS. View Group 1 Automotive's earnings history.

Group 1 Automotive declared a quarterly dividend on Tuesday, February 18th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.30 per share on Monday, March 16th. This represents a $1.20 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Group 1 Automotive's previous quarterly dividend of $0.29. View Group 1 Automotive's dividend history.

Group 1 Automotive announced that its Board of Directors has authorized a stock buyback program 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 repurchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

6 Wall Street analysts have issued 1-year target prices for Group 1 Automotive's stock. Their forecasts range from $82.00 to $130.00. On average, they expect Group 1 Automotive's stock price to reach $99.33 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price. View analysts' price targets for Group 1 Automotive.

News stories about GPI stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Group 1 Automotive earned a news impact score of 1.3 on InfoTrie's scale. They also assigned news coverage 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 next several days. View the latest news about Group 1 Automotive.

Group 1 Automotive saw a decline in short interest in June. As of June 30th, there was short interest totaling 2,760,000 shares, a decline of 6.4% from the June 15th total of 2,950,000 shares. Based on an average daily trading volume, of 326,800 shares, the days-to-cover ratio is currently 8.4 days. Approximately 16.1% of the company's shares 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 $65.87.

Group 1 Automotive has a market capitalization of $1.20 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]