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 twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy 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.
View GPI analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month price targets for Group 1 Automotive's shares. Their GPI share price forecasts range from $142.00 to $358.00. On average, they expect the company's share price to reach $236.67 in the next year. This suggests a possible upside of 65.7% 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 the year. Since then, GPI stock has decreased by 26.8% and is now trading at $142.87.
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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) released its quarterly earnings results on Wednesday, July, 27th. The company reported $12.00 earnings per share for the quarter, topping the consensus estimate of $10.56 by $1.44. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.02 billion. Group 1 Automotive had a net margin of 4.35% and a trailing twelve-month return on equity of 37.65%. The company's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.31 EPS.

Group 1 Automotive declared a quarterly dividend on Tuesday, August 16th. Investors of record on Thursday, September 1st will be paid a dividend of $0.38 per share on Thursday, September 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Wednesday, August 31st. This is a boost from the stock's previous quarterly dividend of $0.37.
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 1.07%. 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 4.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPI will have a dividend payout ratio of 4.15% 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."

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 $142.87.

Group 1 Automotive (NYSE:GPI) has a market capitalization of $2.26 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.