General Motors Company (GM)

NYSE: GM · IEX Real-Time Price · USD
40.82
+0.13 (0.32%)
Mar 18, 2024, 4:00 PM EDT - Market closed
0.32%
Market Cap 46.97B
Revenue (ttm) 171.84B
Net Income (ttm) 10.02B
Shares Out 1.15B
EPS (ttm) 7.32
PE Ratio 5.58
Forward PE 4.44
Dividend $0.48 (1.18%)
Ex-Dividend Date Feb 29, 2024
Volume 16,071,923
Open 40.89
Previous Close 40.69
Day's Range 40.33 - 40.93
52-Week Range 26.30 - 41.80
Beta 1.50
Analysts Buy
Price Target 48.83 (+19.62%)
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]

Founded 1908
Employees 163,000
Stock Exchange NYSE
Ticker Symbol GM
Full Company Profile

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 Statements

Analyst Forecast

According to 17 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $48.83, which is an increase of 19.62% from the latest price.

Price Target
$48.83
(19.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Analyst says General Motors stock is a Buy: 'Balance sheet is in great shape'

It's a battle of the auto stocks in this week's edition of Good Buy or Goodbye. Freedom Capital Markets Managing Director Michael Ward tells Yahoo Finance's Josh Lipton that shares of General Motors (...

5 hours ago - Yahoo Finance

Delta Air Lines, Ford, GM, and Walgreens Are the Cheapest Stocks in the S&P 500

These 10 bargain-priced stocks can offer a margin of safety and provide nice appreciation potential if companies hit earnings estimates.

Other symbols: DALFWBA
22 hours ago - Barrons

General Motors' Mexico unit agrees to 9.2% wage hike -union

Silao, a Mexican unit of U.S. carmaker General Motors and its union have reached an agreement for a 9.2% wage hike, the union said in a statement on Thursday.

4 days ago - Reuters

Plug Power, GM Win Federal Funds In $750 Million Push To Accelerate Clean Hydrogen

The Biden Administration is pushing ahead with efforts to make carbon-free hydrogen a cheaper and more widely used form of clean energy, dispersing $750 million of federal funds to help companies and ...

Other symbols: PLUG
5 days ago - Forbes

GM Hires Manufacturing Leader From the Tech World

The new appointment of Alphabet's Jens Peter Clausen reflects cars getting smarter with software controlling more systems.

5 days ago - Barrons

GM hires ex-Tesla, Google exec to replace retiring head of manufacturing

Gerald Johnson, executive vice president of global manufacturing and sustainability, will be replaced by Jens Peter "JP" Clausen, a former executive with Tesla.

6 days ago - CNBC

General Motors' executive vice president for software and services Mike Abbott to step down

General Motors said on Tuesday that Mike Abbott will step down as executive vice president, software and services, due to health reasons.

6 days ago - Reuters

GM says it built about 20,000 EVs that did not quality for tax credits

General Motors said Wednesday the Detroit automaker built about 20,000 electric vehicles this year that did not qualify for EV tax credits before regaining access after supply chain changes.

6 days ago - Reuters

GM resuming sales of Chevy Blazer EV after resolving software issue

General Motors said Friday it is resuming sales of its Chevrolet Blazer EV after software quality issues prompted the largest U.S. automaker to halt deliveries in late December.

10 days ago - Reuters

GM cuts Chevy Blazer EV price as sales restart following software issues

GM is reducing the price of its new Chevy Blazer EV as it restarts sales of the vehicle following an 11-week stoppage to address significant software issues.

10 days ago - CNBC

Tiago Roberts Signs With GM Management

EXCLUSIVE: Actor Tiago Roberts has signed with GM Management for representation. Roberts most recently can be seen portraying Gabriel Ibarra in the Paramount + series Fatal Attraction, opposite Joshua...

11 days ago - Deadline

Wing Fuel Systems Announces EPA Certification For CNG GM 2.7L Adding to Industry Leading Certification Portfolio

DALLAS--(BUSINESS WIRE)--Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon. The new EPA-certified dual fuel solution enables ...

11 days ago - Business Wire

NPS Completes $17.5M Series B Funding for Software-Defined Radar Led by Cota Capital with Key Strategic Investment from GM Ventures and RTX Ventures

PLEASANTON, Calif. , March 7, 2024 /PRNewswire/ -- Neural Propulsion Systems (NPS) , a pioneer in software-defined radar, today announced it secured a $17.5 million Series B funding round.

Other symbols: RTX
11 days ago - PRNewsWire

GM Defense Completes United Arab Emirates Armed Forces Summer Trials

GM Defense's Infantry Squad Vehicle completes grueling off- and on-road tests across complex terrain WASHINGTON , March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), ann...

12 days ago - PRNewsWire

GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace

General Motors (GM), auto parts supplier Magna International (MGA), and information technology provider Wipro (WIT) are teaming up to develop a platform for businesses to buy and sell automotive softw...

Other symbols: WITMGA
13 days ago - Investopedia

GM, Magna and Wipro team up for automotive software marketplace

General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.

Other symbols: WITMGA
13 days ago - Reuters

General Motors recalls nearly 820K pickup trucks over safety issue involving tailgates

General Motors is recalling nearly 820,000 pickup trucks over a faulty electronic latch mechanism used to open the trucks' tailgates, increasing the risk of road hazards and crashes.

14 days ago - New York Post

GM recalling 820,000 pickup trucks over tailgate issue

General Motors is recalling about 820,000 pickup trucks including newer Chevrolet Silverados and GMC Sierras over an issue that causes the tailgate to unlatch unexpectedly.

15 days ago - Fox Business

Final Trade: HPQ, RSG, GM, CRSP

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: CRSPHPQRSG
17 days ago - CNBC Television

GM recalling 820,000 pickup trucks for tailgate issue

General Motors said on Friday it is recalling 820,000 newer pickup trucks in North America because tailgates could unlatch and open unexpectedly.

17 days ago - Reuters

Exclusive: GM's Cruise valuation slashed by more than half, email shows

General Motors' Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company.

18 days ago - Reuters

Bullish on GM & Bearish on TGT, META

Target (TGT), General Motors (GM), and Meta Platforms (META) are today's big three stocks. Don Kaufman and Ben Lichtenstein discuss how to trade and the technical trends of these names.

Other symbols: METATGT
19 days ago - Schwab Network

GM returns to France with fully-electric Cadillac Lyriq

U.S. automaker General Motors on Monday unveiled its luxury electric Cadillac Lyriq in France, an expansion of its market in Europe after returning last year and a test of whether online-only sales wi...

21 days ago - Reuters

New Cars Are Becoming More Affordable. That's Good for Buyers and Auto Stocks.

The average cost of a new car is $47,000, up $10,000 from prepandemic levels. But interest rates are down and wages are up.

Other symbols: FSTLA
21 days ago - Barrons

GM's Cruise plans to resume robotaxi testing: Report

General Motors' (GM) robotaxi service Cruise is preparing to resume testing of its autonomous driving systems across select US cities, according to Bloomberg. California suspended Cruise's license to ...

24 days ago - Yahoo Finance