General Motors Company (GM)
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]
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 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.
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 (...
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.
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.
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 ...
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.
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.
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.
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.
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.
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.
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...
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 ...
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.
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...
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...
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.
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.
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.
Final Trade: HPQ, RSG, GM, CRSP
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
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.
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.
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.
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...
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.
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 ...