Group 1 Automotive - GPI Stock Forecast, Price & News

2 Wall Street 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 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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2 analysts have issued 1 year price targets for Group 1 Automotive's shares. 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 year. This suggests that the stock has a possible downside of 4.9%.
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 5.2% and is now trading at $185.07.
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Group 1 Automotive saw a increase in short interest in 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 volume of 181,400 shares, the short-interest ratio is currently 11.2 days. Approximately 13.4% of the shares of the company are short sold.
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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) announced its quarterly earnings data 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 company earned $4.10 billion during the quarter, compared to the consensus estimate 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%. Group 1 Automotive's revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.31 EPS.

Group 1 Automotive declared a quarterly dividend on Wednesday, May 18th. Shareholders of record on Wednesday, June 1st will be paid a dividend of $0.37 per share on Wednesday, June 15th. This represents a $1.48 annualized dividend and a yield of 0.80%. The ex-dividend date 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 0.81%. 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 a variety of retail and institutional investors. Top institutional investors include Northern Trust Corp (1.45%), JPMorgan Chase & Co. (1.03%), NewEdge Wealth LLC (0.87%), Principal Financial Group Inc. (0.72%), Clearbridge Investments LLC (0.61%) and Grantham Mayo Van Otterloo & Co. LLC (0.58%). 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 $185.07.

Group 1 Automotive (NYSE:GPI) has a market capitalization of $2.92 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.