NYSE:GPI - Group 1 Automotive Stock Price, Price Target & More

Group 1 Automotive trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPI."

Group 1 Automotive announced a quarterly dividend on Wednesday, May 16th. Stockholders of record on Friday, June 1st will be paid a dividend of $0.26 per share on Friday, June 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, May 31st. View Group 1 Automotive's Dividend History.

Group 1 Automotive announced that its Board of Directors has authorized a share buyback program on Wednesday, May 16th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

Group 1 Automotive (NYSE:GPI) released its quarterly earnings data on Thursday, April, 26th. The company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $0.16. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.66 billion. Group 1 Automotive had a net margin of 1.86% and a return on equity of 15.47%. Group 1 Automotive's quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.53 earnings per share. View Group 1 Automotive's Earnings History.

Group 1 Automotive is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Group 1 Automotive.

9 brokerages have issued 12 month price objectives for Group 1 Automotive's stock. Their predictions range from $62.00 to $105.00. On average, they expect Group 1 Automotive's share price to reach $81.8571 in the next twelve months. View Analyst Ratings for Group 1 Automotive.

Some companies that are related to Group 1 Automotive include Carvana (CVNA), AutoNation (AN), Penske Automotive Group (PAG), Casey's General Stores (CASY), Lithia Motors (LAD), Murphy USA (MUSA), Camping World (CWH), Rush Enterprises (RUSHA), Rush Enterprises (RUSHB), Asbury Automotive Group (ABG), Fincera (YUANF), Sonic Automotive (SAH), America's Car-Mart (CRMT), TravelCenters of America (TA) and Lazydays (LAZY).

News stories about GPI stock have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Group 1 Automotive earned a daily sentiment score of 0.09 on Accern's scale. They also gave media stories about the company an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Group 1 Automotive's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.09%), Dimensional Fund Advisors LP (8.53%), The Manufacturers Life Insurance Company (8.06%), Northern Trust Corp (3.93%), LSV Asset Management (3.12%) and OppenheimerFunds Inc. (2.91%). Company insiders that own Group 1 Automotive stock include Darryl M Burman, Daryl Kenningham, Earl J Hesterberg, Frank Grese, J Terry Strange, John C Rickel, Lincoln Pereira 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 Millennium Management LLC, Crescent Grove Advisors LLC, Hodges Capital Management Inc., The Manufacturers Life Insurance Company, Burney Co., California Public Employees Retirement System, Dimensional Fund Advisors LP and Russell Investments Group Ltd.. 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, J Terry Strange, John C Rickel and Peter C Delongchamps. View Insider Buying and Selling for Group 1 Automotive.

GPI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Abrams Capital Management L.P., Prudential Financial Inc., UBS Group AG, Foundry Partners LLC, Point72 Asset Management L.P., Boston Partners and Chicago Equity Partners LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of GPI stock can currently be purchased for approximately $73.29.

Group 1 Automotive has a market capitalization of $1.53 billion and generates $11.12 billion in revenue each year. The company earns $213.44 million in net income (profit) each year or $7.73 on an earnings per share basis. Group 1 Automotive employs 14,108 workers across the globe.

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]