General Motors Company (GM)
| Market Cap | 60.33B |
| Revenue (ttm) | 182.72B |
| Net Income (ttm) | 10.99B |
| Shares Out | 1.10B |
| EPS (ttm) | 9.25 |
| PE Ratio | 5.93 |
| Forward PE | 5.89 |
| Dividend | $0.48 (0.87%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 8,953,282 |
| Open | 55.00 |
| Previous Close | 55.11 |
| Day's Range | 54.58 - 55.49 |
| 52-Week Range | 27.84 - 59.39 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 58.91 (+7.36%) |
| Earnings Date | Oct 22, 2024 |
About GM
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, the company sells trucks, crossovers, cars, and automobile parts through retail dealers, and distributors and dealers, as well as to fleet customers, including dai... [Read more]
Financial Performance
In 2023, General Motors Company's revenue was $171.84 billion, an increase of 9.64% compared to the previous year's $156.74 billion. Earnings were $10.02 billion, an increase of 12.41%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $58.91, which is an increase of 7.36% from the latest price.
News
General Motors Company (GM) Barclays 15th Annual Global Automotive and Mobility Tech Conference (Transcript)
General Motors Company (NYSE:GM) Barclays 15th Annual Global Automotive and Mobility Tech Conference November 20, 2024 8:40 AM ET Company Participants Paul Jacobson - Executive VP & CFO Conference Ca...
Green Stock News for November 19, 2024: $GM $AI $MSFT $VFS $EVGO
Welcome to the green stock news brief for Tuesday, November 19th. Here are today's top headlines: General Motors (NYSE: GM) set a record by driving all 20 Super Cruise-enabled models in a hands-free c...
GM sets record: Largest hands-free caravan with Super Cruise
Sure, you can caravan with your friends across the Bay Bridge
GM slashing 1K white-collar jobs in cost-cutting move to ‘focus on top priorities'
GM and other automakers have been navigating an uncertain transition to electric vehicles both in the US and worldwide.
GM lays off 1,000 employees as part of cost-cutting and realignment effort
General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs and realign its priorities in response to shifting market conditions, according to a CN...
General Motors slashes another 1,000 jobs to cut costs
General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs.
GM's Cruise admits submitting false report to robotaxi safety investigation
General Motors unit to pay $500,000 fine after failing to disclose key details of 2023 San Francisco crash to NHTSA
General Motors to lay off 1,000 workers
General Motors (GM) has announced plans for another round of workforce reductions. According to the company's statement issued to AP, GM intends to lay off approximately 1,000 employees as part of an ...
GM Cuts Another 1,000 Jobs As EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.
GM lays off 1,000 employees amid reorganization, cost-cutting
GM laid off roughly 1,0000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layo...
GM's Cruise to pay $500,000 fine to DOJ, admits submitting false report
Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the ...
GM laying off nearly 1,000 workers, most in US, source says
General Motors is laying off nearly 1,000 workers worldwide, most in the U.S., as it looks to streamline operations, a source told Reuters on Friday.
GM's Robotaxi Unit Cruise Agrees To Pay $500,000 Fine For Submitting False Crash Report
General Motors-owned robotaxi and self-driving car company, Cruise, agreed to pay a $500,000 fine and admitted to submitting a false report after an accident involving one of its vehicles in San Franc...
GM self-driving unit Cruise admits to submitting false report, will pay $500,000 fine
General Motors' self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence a federal investigation and will pay a $500,000 fine as part of a deferred prosecution agr...
GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
General Motors will recall 77,824 vehicles as incorrect software in the transmission control module may cause the vehicle to move in an unintended direction, the U.S. National Highway Traffic Safety A...
Reliant and GM Energy Advance Renewable Energy Mission with New EV Charging Plan
HOUSTON--(BUSINESS WIRE)-- #Chevrolet--Calling all Chevrolet electric vehicle (EV) owners – it's time to plug in! Today, Reliant and GM Energy are rolling out a new electricity plan that will empower ...
GM to recall more than 461,000 vehicles over transmission issues, NHTSA says
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.
GM's newest EV is a Cadillac 'baby Escalade' called Vistiq
General Motors' newest all-electric vehicle and the last of a lineup of new EVs announced for its Cadillac luxury brand is a three-row SUV called Vistiq. The 2026 Cadillac Vistiq will arrive in dealer...
GM's Wall Street vindication is happening as it outperforms its peers in 2024
GM is proving it's a standout among automakers this year as it continues to consistently outperform Wall Street's earnings expectations and its competitors. Shares of the Detroit automaker have risen ...
GM to end production of gas-powered Cadillac XT4 to make more EVs
GM said it planned to build both the Bolt EV and XT4 on the same assembly line in Kansas but now will only build Bolt vehicles.
GM ending production of Cadillac XT4 SUV as it shifts to EVs
General Motors said on Thursday it will end production of the gas-powered Cadillac XT4 in January as it shifts production at its Kansas plant to electric vehicles.
Tesla, GM, Norwegian Cruise Push Consumer Discretionary Ahead Of S&P 500 On Election Day
Election Day proved eventful beyond politics, marking a standout performance for the Consumer Discretionary sector, which outpaced the S&P 500 and led gains across major market sectors.
What Trump's White House reelection could mean for EVs
Former President Donald Trump's reelection victory is expected to send the U.S. auto industry into a period of uncertainty regarding electric vehicles. Republicans, led by the president-elect, have la...
GM recalls 107 Bolt vehicles over fire risk
The National Highway Traffic Safety Administration said on Tuesday General Motors would recall 107 Bolt EV and EUV vehicles over a fire risk.