NYSE:GPIGroup 1 Automotive Stock Price, Forecast & 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 5.5% and is now trading at $64.43. 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) released its earnings results on Tuesday, May, 5th. The company reported $1.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.32 by $0.34. The firm earned $2.69 billion during the quarter, compared to analyst estimates of $2.57 billion. Group 1 Automotive had a net margin of 1.38% and a return on equity of 16.32%. Group 1 Automotive's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.06 EPS. View Group 1 Automotive's earnings history.

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 dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change 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 has authorized a share repurchase program 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 reacquire up to 6.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

6 analysts have issued 1-year price targets for Group 1 Automotive's shares. Their forecasts range from $82.00 to $130.00. On average, they expect Group 1 Automotive's share price to reach $98.83 in the next twelve months. This suggests a possible upside of 53.4% from the stock's current price. View analysts' price targets for Group 1 Automotive.

News articles about GPI stock have trended negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Group 1 Automotive earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View the latest news about Group 1 Automotive.

Group 1 Automotive saw a decline in short interest in the month of 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 volume of 326,800 shares, the days-to-cover ratio is presently 8.4 days. Approximately 16.1% of the company's stock are sold short. 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 $64.43.

Group 1 Automotive has a market capitalization of $1.17 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]