General Motors Company (GM)
| Market Cap | 45.49B |
| Revenue (ttm) | 169.73B |
| Net Income (ttm) | 10.17B |
| Shares Out | 1.38B |
| EPS (ttm) | 7.17 |
| PE Ratio | 4.61 |
| Forward PE | 4.45 |
| Dividend | $0.36 (1.09%) |
| Ex-Dividend Date | Aug 31, 2023 |
| Volume | 7,280,962 |
| Open | 32.38 |
| Previous Close | 32.58 |
| Day's Range | 32.27 - 33.19 |
| 52-Week Range | 31.11 - 43.63 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 51.56 (+55.96%) |
| Earnings Date | Oct 24, 2023 |
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. The company also sells trucks, crossovers, cars, and automobile parts through retail dealers, and distributors and dealers, as well as to fleet customers, including daily renta... [Read more]
Financial Performance
In 2022, GM's revenue was $156.74 billion, an increase of 23.41% compared to the previous year's $127.00 billion. Earnings were $8.92 billion, a decrease of -9.37%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $51.56, which is an increase of 55.96% from the latest price.
News
Why Ford Has Been More Willing to Work With the UAW Than GM or Stellantis.
Ford is doing better with labor than either GM or Stellantis. How Come? And is that good news for the stock?
President Biden to join UAW strikers; Costco to report earnings: Tuesday September 26, 2023
President Biden and Former President Trump plan to visit United Auto Workers (UAW) picket lines this week to join the union's strike against Big Three automakers Ford (F), General Motors (GM), and Ste...
Canadian auto workers to target GM next, after union ratifies deal with Ford
DETROIT — Canadian auto workers say General Motors will be their next target after members ratified a new three-year labor contract with Ford.
UAW's Shawn Fain done 'masterful' job in Big 3 strike: Autoblog editor
Auto workers carry over their strike against the Big Three automakers Ford (F), General Motors (GM), Stellantis (STLA) into its second week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance ...
UAW Strike:'We need automakers to step up': Center for American Progress
Auto workers are expanding their strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — to 38 of GM's and Stellantis' parts and distribution centers. Center f...
Canadian union Unifor names GM its second bargaining 'target' among Detroit Three
Canadian union Unifor on Monday announced General Motors as its second bargaining "target" in contract talks with the Detroit Three, a day after ratifying a new three-year contract with Ford Motor.
UAW strike: There are no winners and losers in labor negotiations, professor says
Thomas Kochan, post-tenure George Maverick Bunker professor at the MIT Sloan School of Management, discusses the United Auto Workers strike and says "we need to find a settlement that works for both p...
Auto Strikes Have GM, Stellantis Facing More UAW Walkouts
General Motors Co. and Stellantis NV are facing walkouts at 38 more facilities after talks last week with the United Auto Workers failed to make headway. Su Keenan reports on Bloomberg Television.
UAW strike against the Big 3 Recap: Labor actions intensify as both sides fail to reach an agreement
Yahoo Finance breaks down the latest developments for the 1st week of labor actions as the United Auto Workers strike heats up against the Big 3 automakers Ford, Stellantis, and General Motors.
Fed's Wall of Worry: Government shutdown, UAW strike, student loan repayments and $90 oil
While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy
GM, Stellantis dealers and customers face dwindling parts as UAW strike expands
U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis vehicles.
Five Clues to Where the UAW Strike Is Headed Next
Carmakers face an escalating fight. Here's what to watch for in the negotiations.
Auto Workers Strike: Biden Will Visit UAW Picket Line
Biden is seeking the union's endorsement in his upcoming reelection campaign and has often called himself “the most pro-union president in American history.”
UAW strike: Autoworkers tired of living paycheck to paycheck, reporter says
The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA) continues. The UAW announced that there has been negotiation progress with Ford, but not with GM or Stellant...
UAW strike has already cost the US economy $1.6B
The United Auto Workers is on strike against Ford, General Motors and Stellantis, and the work stoppage has already cost the U.S. economy $1.6 billion.
UAW strike and how railroads could be impacted
The autoworkers are continuing their strikes against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Most economists expect for there to be some ripple effects across t...
UAW strike can last into November: Barclays' Dan Levy
Dan Levy, senior autos analyst at Barclays, joins 'The Exchange' to discuss why he believes the ongoing UAW strike could go longer, how the strike would impact the auto stocks, and more.
UAW strike expands with 38 more plants to join in 20 states
The UAW followed through on plans to expand its strike, with 38 more plants from Stellantis (STLA) and General Motors (GM) to join. While they have made progress with Ford (F), securing the right to s...
UAW President Fain gives details of talks with automakers
The United Auto Workers said on Friday the union will expand its strikes against Detroit automakers General Motors and Chrysler parent Stellantis , but has made real progress in talks with Ford Motor.
UAW 'went for the arteries, the hearts, and lungs' with expanded strike: Analyst
Wedbush Senior Equity Analyst Dan Ives spoke with Yahoo Finance's Auto Reporter Pras Subramanian about the UAW strike. "This is going to be a nasty heavyweight battle that now just continues to play o...
UAW President Fain's 'unique' approach could extend strike: Barron's writer
General Motors (GM) says the “ripple effect” of the UAW strike is responsible for their 2,000-employee layoff in Kansas and idle plants. Al Root, Barron's senior writer tells Yahoo Finance's Seana Smi...
UAW President Shawn Fain: GM, Stellantis made the decision for us to strike
CNBC's Phil LeBeau spoke to UAW President Shawn Fain on the ground in Michigan to discuss the ongoing auto strike.
UAW Expands Strikes at GM and Stellantis, but Not Ford as Negotiations Progress
The United Auto Workers (UAW) expanded the scope of its strike at General Motors (GM) and Chrysler parent Stellantis (STLA), but not at Ford (F), citing progress in negotiations.
Biden visit to UAW strike would be historic move by US president
If Joe Biden accepts the United Auto Workers' invitation to visit their picket line, the U.S. President would be showing support to union workers in a labor dispute in a way that has not happened in t...
Detroit Three facilities where UAW is on strike
The United Auto Workers union will expand its strikes against automakers General Motors and Chrysler parent Stellantis , but has made real progress in talks with Ford Motor , the union said on Friday.