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 stock has increased by 100.2% and is now trading at $122.27.
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7 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Group 1 Automotive is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Group 1 Automotive will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Group 1 Automotive, Inc. (NYSE:GPI) released its quarterly earnings results on Thursday, July, 30th. The company reported $3.77 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.91 by $2.86. The firm earned $2.13 billion during the quarter, compared to the consensus estimate of $2.06 billion. Group 1 Automotive had a return on equity of 17.34% and a net margin of 1.31%.
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Group 1 Automotive declared a quarterly dividend on Tuesday, February 18th. Investors of record on Monday, March 2nd will be paid a dividend of $0.30 per share on Monday, March 16th. This represents a $1.20 annualized dividend and a yield of 0.98%. 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 declared that its Board of Directors has approved a stock buyback plan on Thursday, February 21st 2019, which permits the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its stock is undervalued.

Group 1 Automotive issued an update on its third quarter earnings guidance on Tuesday, October, 6th. The company provided EPS guidance of $6.40-.6.80 for the period, compared to the Thomson Reuters consensus estimate of $3.48.

7 equities research analysts have issued 1 year price objectives for Group 1 Automotive's shares. Their forecasts range from $82.00 to $185.00. On average, they expect Group 1 Automotive's share price to reach $123.43 in the next year. This suggests a possible upside of 0.9% from the stock's current price.
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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), Sonic Automotive (SAH), Monro (MNRO), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).
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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 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 a variety of institutional and retail investors. Top institutional shareholders include LSV Asset Management (3.96%), Foundry Partners LLC (1.14%), Assenagon Asset Management S.A. (0.39%), Nisa Investment Advisors LLC (0.12%), Louisiana State Employees Retirement System (0.04%) and Pacer Advisors Inc. (0.04%). 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 LSV Asset Management, Foundry Partners LLC, CWM LLC, 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, John C Rickel, Lincoln Pereira, Max P Watson, Michael David Jones, and Peter C Delongchamps.
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GPI stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Pacer Advisors Inc., Louisiana State Employees Retirement System, Envestnet Asset Management Inc., 180 Wealth Advisors LLC, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Group 1 Automotive.

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 $122.27.

Group 1 Automotive has a market capitalization of $2.23 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]