General Motors Company (GM)
| Market Cap | 52.81B |
| Revenue (ttm) | 178.09B |
| Net Income (ttm) | 11.00B |
| Shares Out | 1.12B |
| EPS (ttm) | 8.81 |
| PE Ratio | 5.33 |
| Forward PE | 4.80 |
| Dividend | $0.48 (1.02%) |
| Ex-Dividend Date | Sep 6, 2024 |
| Volume | 5,960,066 |
| Open | 46.45 |
| Previous Close | 46.30 |
| Day's Range | 46.45 - 47.69 |
| 52-Week Range | 26.30 - 50.50 |
| Beta | 1.44 |
| Analysts | Buy |
| Price Target | 54.57 (+16.13%) |
| 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 21 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $54.57, which is an increase of 16.13% from the latest price.
News
GM in Talks to Buy Chinese Batteries Made in US by TDK
General Motors is in discussions to buy electric vehicle batteries that would use technology from China's Contemporary Amperex Technology Co. and be assembled at a new plant slated to be built in the ...
GM, Hyundai To Work Together To Cut Costs, Develop New Vehicles
Two of the world's biggest carmakers are teaming up to find ways to cut expenses, get products to customers faster, and develop new vehicles.
The First Retail Production All-Electric 2025 Cadillac ESCALADE IQ, VIN 001, to Cross the Barrett-Jackson Auction Block to Benefit Detroit Children's Fund
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #barrettjackson--This October, Barrett-Jackson, The World's Greatest Collector Car Auctions, will continue its 50-plus year legacy of philanthropy by auctioning th...
GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports
General Motors is in talks to buy electric vehicle batteries relying on technology from China's CATL , assembled at a new plant to be built in the US, Bloomberg News reported on Thursday, citing peopl...
GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology
General Motors Co. and Hyundai Motor Co. said Thursday they have signed a memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies in a move aimed a...
GM, Hyundai Motor to explore joint vehicle development projects
General Motors and Hyundai Motor Co said on Thursday they have agreed to explore future collaboration across key strategic areas including potential joint vehicle development, supply chain issues and ...
GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending
General Motors and Hyundai Motor said they have entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies...
Hyundai and GM Sign Memorandum of Understanding to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies
Hyundai Motor and GM to investigate joint product development, manufacturing and future clean energy technologies Both companies to target improved efficiencies and increased competitiveness through c...
GM, Hyundai Explore Partnership to Develop Vehicles Together
General Motors GM -0.33%decrease; red down pointing triangle and Hyundai Motor 005380 3.80%increase; green up pointing triangle are exploring a partnership that could mean savings on items like steel ...
Why Did GM Stock Drop 5% In A Day?
General Motors stock declined by over 5% in Tuesday's trading, falling to $43 per share. Although GM remains one of the best-performing large auto stocks this year, rising by about 25% year-to-date, d...
Goldman CEO firm dismisses notion GM credit card exit is messy
Goldman Sachs CEO David Solomon on Wednesday dismissed the notion that the bank's early exit from its credit card partnership with General Motors was messy, saying the firm had anticipated the problem...
Report: Goldman Sachs to Sell GM Credit Card Business to Barclays
Goldman Sachs and Barclays reportedly have reached a deal on Goldman's $2 billion portfolio of loans made to General Motors customers. The deal is set to see Goldman Sachs sell the portfolio of loans ...
Goldman Sachs nearing a deal to transfer GM credit card business to Barclays, source says
Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business to Barclays , a source familiar with the matter said on Tuesday.
Auto Stocks Get New Ratings From Deutsche. They Aren't So Good.
Analyst Edison Yu rates shares of Rivian, Ford, GM, and Polestar Automotive at Hold.
Boeing Pioneering Quantum Communications Technology with In-Space Test Satellite
EL SEGUNDO, Calif. , Sept. 10, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced the scheduled 2026 launch of a satellite – dubbed Q4S – which is designed to demonstrate quantum entanglement swap...
Fall Into Profits: Top 10 Stocks For A September Dip
September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in marke...
Canada's Unifor, GM start contract talks for CAMI assembly plant
General Motors and Unifor have begun collective bargaining for workers at the automaker's CAMI Assembly plant in Ontario, the Canadian labour union said on Monday.
GM Junk Removal Celebrates 3rd Year in Business and 1,000th Customer
Frederick County, Maryland, Sept. 09, 2024 (GLOBE NEWSWIRE) -- GM Junk Removal, a locally-owned junk removal company in Maryland, is proud to announce the celebration of 3 years in business and servin...
10 ‘enhanced value' stocks of companies expected to grow quickly through 2026
A narrowly focused screen of value stocks highlights stocks trading cheaply to book value, sales and earnings, but which are also expected to increase sales per share rapidly
Lithium Americas, GM Face Delays In Closing $330M Deal: 'Mutually Beneficial' Solutions Under Review
Lithium Americas Corp LAC and General Motors Co GM are facing delays in closing their $330 million Tranche 2 investment.
Former Visa CEO joins General Motors' board of directors
General Motors said on Thursday Alfred Kelly, Jr., former chairman and CEO of Visa , has joined its board of directors.
GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil
General Motors said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.
GM battery joint venture agrees to recognize UAW at Tennessee plant
The United Auto Workers said Wednesday a battery manufacturing joint venture between GM and LG Energy Solution has agreed to recognize the union at a Tennessee plant.
NHTSA closes engineering analysis of more than 1.3 mln GM vehicles
The National Highway Traffic Safety Administration said on Wednesday it has closed an engineering analysis into more than 1.3 million General Motors vehicles over front seat belt issues.
Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3
As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.