FY2027 EPS Estimates for General Motors Reduced by Analyst

General Motors Company (NYSE:GM) (TSE:GMM.U) – Analysts at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for General Motors in a report released on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now forecasts that the auto manufacturer will earn $13.88 per share for the year, down from their prior forecast of $14.13. The consensus estimate for General Motors’ current full-year earnings is $11.44 per share.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The firm had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. During the same quarter in the prior year, the company posted $1.92 earnings per share. General Motors’s quarterly revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS.

Several other analysts have also weighed in on the company. Zacks Research lowered General Motors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Wells Fargo & Company upped their target price on General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a report on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and issued a $100.00 target price on shares of General Motors in a report on Wednesday, January 28th. Piper Sandler reissued an “overweight” rating and issued a $105.00 target price (up from $98.00) on shares of General Motors in a report on Wednesday, January 28th. Finally, HSBC upped their target price on General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $91.38.

General Motors Stock Down 1.1%

General Motors stock opened at $72.62 on Wednesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17. The firm has a market capitalization of $65.64 billion, a price-to-earnings ratio of 24.12, a price-to-earnings-growth ratio of 0.39 and a beta of 1.34. General Motors has a fifty-two week low of $41.63 and a fifty-two week high of $87.62. The stock’s fifty day moving average is $78.07 and its two-hundred day moving average is $74.25.

General Motors declared that its board has authorized a stock buyback program on Tuesday, January 27th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

General Motors Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were given a $0.18 dividend. This is an increase from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, March 6th. General Motors’s dividend payout ratio (DPR) is currently 23.92%.

Institutional Trading of General Motors

Several institutional investors and hedge funds have recently made changes to their positions in GM. Brighton Jones LLC lifted its position in shares of General Motors by 456.1% in the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after acquiring an additional 31,755 shares in the last quarter. Sivia Capital Partners LLC lifted its position in General Motors by 61.4% during the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after buying an additional 7,058 shares during the period. CW Advisors LLC lifted its position in General Motors by 11.0% during the second quarter. CW Advisors LLC now owns 9,436 shares of the auto manufacturer’s stock worth $464,000 after buying an additional 938 shares during the period. First Trust Advisors LP lifted its position in General Motors by 3.3% during the second quarter. First Trust Advisors LP now owns 596,258 shares of the auto manufacturer’s stock worth $29,342,000 after buying an additional 18,825 shares during the period. Finally, Baird Financial Group Inc. lifted its position in General Motors by 4.8% during the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after buying an additional 1,706 shares during the period. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.