General Motors Company (GM)
| Market Cap | 52.55B |
| Revenue (ttm) | 174.87B |
| Net Income (ttm) | 10.62B |
| Shares Out | 1.14B |
| EPS (ttm) | 8.19 |
| PE Ratio | 5.60 |
| Forward PE | 4.82 |
| Dividend | $0.48 (1.04%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 6,269,359 |
| Open | 45.60 |
| Previous Close | 45.62 |
| Day's Range | 45.41 - 46.17 |
| 52-Week Range | 26.30 - 46.17 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 52.72 (+14.48%) |
| Earnings Date | Apr 23, 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, GM'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 12.42%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $52.72, which is an increase of 14.48% from the latest price.
News
General Motors to shut manufacturing operations in Colombia, Ecuador -statement
Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles.
Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter.
Tesla ended the quarter with less than 50% BEV market share in the U.S. for the first time.
Automaker Earnings: Consumers Balk at High E.V. Prices
Ice vehicles are powering profits for GM and Ford (F), notes Kevin Roberts. He and William McDonough discuss the takeaways from U.S. automaker earnings.
Final Trades: General Motors, Verizon and the XLU
The Investment Committee give you their top stocks to watch for the second half.
Ascent Global Logistics Named a 2023 General Motors Supplier of the Year
This marks the tenth time the company has been awarded this recognition BELLEVILLE, Mich. , April 25, 2024 /PRNewswire/ -- General Motors ("GM") has recognized Ascent Global Logistics ("Ascent"), a le...
General Motors Axes OnStar Smart Driver System After Privacy And Insurance Complaints
General Motors announced Wednesday it is discontinuing OnStar Smart Driver, an optional program that provided users with data about their driving, across all of its vehicles, doing so after complaints...
GM CEO Barra compensation fell 4% in 2023 to $27.8 million
General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S. automaker said Wednesday.
GM is 'positioned very well' with EV exposure, analyst says on Q1 earnings report
Shares of General Motors (GM) are trading higher on Tuesday after the automaker reported better-than-expected first-quarter earnings results. RBC Capital Global Auto Analyst Tom Narayan joins Yahoo Fi...
Technical Support: Meta, Dominion Energy & General Motors
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for a few companies.
GM shareholder Jim Lebenthal has a bold call on where the stock is headed
Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the stock's recent performance.
General Motors lifts 2024 profit forecast after strong Q1
General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast.
GM Stock Accelerates After Earnings Beat
General Motors beat expectations for the first quarter and raised its outlook for the year. Here's what you need to know.
GM Shares Pop After Earnings Beat, EV Update from CEO
Renita Young dives into General Motors' latest earnings numbers. Find out more about the company's continued push into the EV space, and what's next for the legacy automaker.
Cautious on all Big Three automakers amid pricing and EV headwinds, says Wells Fargo's Langan
Colin Langan, Wells Fargo auto and mobility analyst, joins 'Squawk on the Street' to discuss the analyst's thoughts on General Motors, the expectations coming into this quarter, and more.
GM Stock Rises on Earnings Beat, Guidance Boost
General Motors (GM) shares surged in intraday trading Tuesday after the biggest U.S. automaker posted better-than-expected quarterly results and raised its guidance on powerful North American sales, d...
GM CFO talks Q1 earnings, 'choppy' EV adoption, pricing, and competition
General Motors (GM) reported first quarter results that topped analyst estimates on both the top and bottom lines. The automaker also raised its full-year profit outlook.
GM Raises Guidance on Robust Truck Sales
General Motors expects better profit this year after a strong first quarter, as robust truck sales in the US led the automaker to raise 2024 guidance by $500 million. Abigail Doolittle reports.
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
GM CFO Paul Jacobson on Q1 results: Excited about the momentum we continue to carry
CNBC's Phil LeBeau and General Motors CFO Paul Jacobson join 'Squawk Box' to break down the company's quarterly earnings results, EV sales growth, state of the consumer, China market outlook, and more...
General Motors raises 2024 guidance, after big first-quarter earnings beat
CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM's 24% increase in quarterly profit, but China remains a trouble spot.
GM's blowout earnings send its stock charging higher
General Motors Co. GM, +1.98% reported better-than-expected first-quarter earnings on Tuesday, while increasing its profit outlook for the full year. Shares were up 4% in premarket action.
General Motors accelerates revenue, net income and EPS with speedy financial results
General Motors Co. (NYSE: GM) on April 23rd reported better-than-expected financial results, with a rise in both revenue and EPS from the previous quarter. The company reported net income attributable...
GM Financial Reports First Quarter 2024 Operating Results
FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $536 million for the quarter ended March 31, 2024, compared to $532...
General Motors beats quarterly results targets, raises forecast
General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles.