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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GPI shares have increased by 5.8% and is now trading at $64.62. 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) announced its earnings results on Tuesday, May, 5th. The company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.34. The firm earned $2.69 billion during the quarter, compared to analysts' expectations of $2.57 billion. Group 1 Automotive had a net margin of 1.38% and a return on equity of 16.32%. The company's revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.06 earnings per share. View Group 1 Automotive's earnings history.

Group 1 Automotive announced a quarterly dividend on Tuesday, February 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date 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 initiated a share repurchase program on Thursday, February 21st 2019, which authorizes the company to repurchase $75,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

6 Wall Street analysts have issued 1 year price objectives 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 $98.83 in the next year. This suggests a possible upside of 52.9% from the stock's current price. View analysts' price targets for Group 1 Automotive.

Media headlines about GPI stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Group 1 Automotive earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock'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 during 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 trading volume of 326,800 shares, the short-interest ratio is currently 8.4 days. Currently, 16.1% of the company's shares 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 $64.62.

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]