Erste Group Bank Predicts General Motors FY2026 Earnings

General Motors Company (NYSE:GM) (TSE:GMM.U) – Stock analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for General Motors in a report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now forecasts that the auto manufacturer will post earnings of $13.60 per share for the year, up from their prior estimate of $13.55. The consensus estimate for General Motors’ current full-year earnings is $13.52 per share. Erste Group Bank also issued estimates for General Motors’ FY2027 earnings at $15.20 EPS.

A number of other equities research analysts have also recently weighed in on GM. Royal Bank Of Canada lifted their price objective on shares of General Motors from $100.00 to $102.00 and gave the company an “outperform” rating in a research note on Monday. UBS Group lowered their target price on shares of General Motors from $114.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Daiwa Securities Group boosted their price target on shares of General Motors from $83.00 to $86.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Truist Financial set a $105.00 price target on shares of General Motors in a research note on Wednesday, October 7th. Finally, BNP Paribas Exane raised their price objective on shares of General Motors from $102.00 to $112.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $101.22.

General Motors Stock Down 0.5%

Shares of General Motors stock opened at $82.31 on Tuesday. General Motors has a 1-year low of $54.33 and a 1-year high of $91.85. The company has a market capitalization of $72.22 billion, a P/E ratio of 41.57, a PEG ratio of 0.46 and a beta of 1.40. The business’s fifty day moving average price is $84.69 and its two-hundred day moving average price is $80.90. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The business had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. During the same period in the prior year, the company posted $2.53 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS.

Institutional Trading of General Motors

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new stake in shares of General Motors during the 2nd quarter valued at $599,066,000. NEOS Investment Management LLC grew its holdings in shares of General Motors by 8.8% in the 2nd quarter. NEOS Investment Management LLC now owns 146,561 shares of the auto manufacturer’s stock worth $11,297,000 after acquiring an additional 11,901 shares during the last quarter. Engineers Gate Manager LP grew its holdings in shares of General Motors by 18.6% in the 2nd quarter. Engineers Gate Manager LP now owns 1,290,019 shares of the auto manufacturer’s stock worth $99,435,000 after acquiring an additional 202,057 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of General Motors by 16.2% during the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after purchasing an additional 28,163 shares during the period. Finally, Wilsey Asset Management Inc. raised its position in shares of General Motors by 2.1% during the second quarter. Wilsey Asset Management Inc. now owns 626,200 shares of the auto manufacturer’s stock worth $48,268,000 after purchasing an additional 12,617 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other General Motors news, EVP Grant Dixton sold 40,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the transaction, the chief accounting officer owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. This trade represents a 26.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 549,665 shares of company stock valued at $49,010,828 over the last quarter. Insiders own 0.44% of the company’s stock.

General Motors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Friday, September 4th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 36.36%.

Key General Motors News

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Analysts expect GM to report higher third-quarter earnings when results are released before the market opens on October 20. The company’s history of earnings beats and favorable estimate revisions could support investor confidence ahead of the report. General Motors Likely To Report Higher Q3 Earnings Will General Motors Beat Estimates Again
• Positive Sentiment: GM reiterated that it is advancing toward an “eyes-off, hands-off” driver-assistance system targeted for launch on the electric Cadillac Escalade IQ in 2028. The technology could create longer-term software and premium-vehicle growth opportunities as GM shifts its autonomy strategy toward personal vehicles. GM CEO Eyes-Off Hands-Off Driving
• Positive Sentiment: RBC raised its GM price target to $102 from $100 and maintained an Outperform rating, while also describing resilient U.S. vehicle demand as supportive for major automakers. RBC Lifts Price Target on General Motors
• Positive Sentiment: GM and LG plan additional U.S. electric-vehicle battery investment, which may strengthen domestic EV production and supply-chain capabilities. GM and LG to Invest in U.S. EV Batteries
• Neutral Sentiment: JPMorgan lowered its GM price target to $110 from $120 but retained an Overweight rating. The cut tempers the bullish analyst outlook while still implying substantial potential upside.
• Neutral Sentiment: GM’s relatively low valuation and strong North American truck and SUV business remain attractions, although investors are weighing whether earnings can hold up amid industry and technology changes. General Motors Stock Has a Low Valuation
• Negative Sentiment: Reports that grille components can detach from certain top-selling GM trucks, along with a separate air-bag inflator issue affecting 1,559 Chevrolet Silverado and GMC Sierra pickups, raise potential recall, cost and reputation risks. GM Truck Grille Safety Report

General Motors Company Profile

General Motors Company (NYSE:GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.

GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.