Group 1 Automotive, Inc. (GPI)

NYSE: GPI · IEX Real-Time Price · USD
303.94
-5.38 (-1.74%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-1.74%
Market Cap 4.11B
Revenue (ttm) 18.21B
Net Income (ttm) 591.00M
Shares Out 13.53M
EPS (ttm) 42.43
PE Ratio 7.16
Forward PE 7.84
Dividend $1.88 (0.62%)
Ex-Dividend Date Jun 3, 2024
Volume 73,961
Open 305.30
Previous Close 309.32
Day's Range 299.87 - 305.30
52-Week Range 228.84 - 323.95
Beta 1.38
Analysts Strong Buy
Price Target 308.00 (+1.34%)
Earnings Date Jul 24, 2024

About GPI

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. Group 1 Automotive, Inc. was incorporated in 1995 and is headquartered in Houston, Texas. [Read more]

IPO Date Oct 30, 1997
Employees 16,011
Stock Exchange NYSE
Ticker Symbol GPI
Full Company Profile

Financial Performance

In 2023, GPI's revenue was $17.87 billion, an increase of 10.18% compared to the previous year's $16.22 billion. Earnings were $601.60 million, a decrease of -19.95%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GPI stock is "Strong Buy." The 12-month stock price forecast is $308.0, which is an increase of 1.34% from the latest price.

Price Target
$308.0
(1.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CDK Extends Relationship With Group 1 Automotive

AUSTIN, Texas--(BUSINESS WIRE)--Top Publicly Held Dealer Group 1 Automotive Goes All-In on Innovation with CDK Dealership Xperience Platform.

17 days ago - Business Wire

Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend

HOUSTON , May 9, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today anno...

5 weeks ago - PRNewsWire

Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion

HOUSTON , April 30, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today a...

6 weeks ago - PRNewsWire

Hybrid vehicles are the hottest thing in the market right now, says Group 1 Automotive CEO

Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the state of the auto market, price trends for new and used cars, consumer demand for EV and hybrid vehicles, and ...

7 weeks ago - CNBC Television

Group 1 Automotive Reports First Quarter 2024 Financial Results

Current quarter diluted earnings per common share from continuing operations of $10.76 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of...

7 weeks ago - PRNewsWire

Group 1 Automotive Agrees to Acquire Inchcape U.K. Dealerships

54 Dealership Locations in the United Kingdom HOUSTON , April 15, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a  Fortune 300 automotive retailer with 202 de...

2 months ago - PRNewsWire

Group 1 Automotive Schedules Release of First Quarter 2024 Financial Results

HOUSTON , April 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today a...

2 months ago - PRNewsWire

Group 1 Automotive Acquires Modern Classic Motors in Hilton Head, South Carolina

Expected to Generate $140 Million in Annual Revenues 2024 Year-To-Date Acquired Annual Revenues of $1.0 Billion HOUSTON , March 11, 2024 /PRNewswire/ --  Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1...

3 months ago - PRNewsWire

Group 1 Automotive Acquires Two High Volume Lexus Dealerships in Southern California

Expected Annual Revenues of $350 Million The Company Also Provides a Share Repurchase Update HOUSTON , Feb. 26, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), ...

3 months ago - PRNewsWire

Kerrigan Advisors Represents RRR Automotive Group in Sale to Group 1 Automotive

COLLEGE PARK, Md.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automo...

4 months ago - Business Wire

Group 1 Automotive Acquires RRR Automotive Group

-          Expected Annual Revenues of $500 Million -          Increases 2024 Annual Dividend Rate by 4% HOUSTON , Feb. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the ...

4 months ago - PRNewsWire

Group 1 Automotive cutting 10% of U.K. jobs on losses in its used-car sales

Group 1 Automotive Inc. said Wednesday it will reduce its U.K. workforce by 10% or roughly 358 people as the latest company to cut jobs to reduce costs in the face of an uncertain economy.

4 months ago - Market Watch

Group 1 Automotive Schedules Release of Fourth Quarter and Full Year 2023 Financial Results

HOUSTON , Jan. 16, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 199 dealerships located in the U.S. an...

5 months ago - PRNewsWire

Group 1 Automotive Appoints New Chief Marketing Officer

HOUSTON , Jan. 11, 2024 /PRNewswire/ -- Group 1 Automotive, Inc . (NYSE: GPI) ("Group 1" or the "Company"), an international Fortune 300 automotive retailer with 199 dealerships located in the U.S. an...

5 months ago - PRNewsWire

Group 1 Automotive CEO Daryl Kenningham expects to see continued pressure on used car pricing

Group 1 Automotive CEO Daryl Kenningham joins 'Power Lunch' to discuss the state of the auto industry and more.

6 months ago - CNBC Television

Group 1 Automotive Board Declares Quarterly Dividend and the Company Provides Share Repurchase Update

HOUSTON , Nov. 15, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 201 dealerships located in the U.S. an...

7 months ago - PRNewsWire

Group 1 Automotive CEO Daryl Kenningham on earnings results, impact of UAW strike and EV demand

Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the company's earnings results, with both earnings and sales topping expectations, impact of UAW strike, EV demand...

8 months ago - CNBC Television

Group 1 Automotive Announces Record Quarterly Financial Results

Record quarterly revenues of $4.7 billion, a 13.0% increase over the comparable prior year period. Parts and Service revenues reach all-time high for 10th consecutive quarter, a 10.0% increase over th...

8 months ago - PRNewsWire

Group 1 Automotive Schedules Release of Third Quarter 2023 Financial Results

HOUSTON , Oct. 9, 2023 /PRNewswire/ --  Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. an...

8 months ago - PRNewsWire

Used car prices fall 7.7% in August year-over-year as market normalizes

CNBC's Phil LeBeau reports on news from the used car market and the looming auto strike.

Other symbols: ANKMX
10 months ago - CNBC Television

The Presidio Group Advises Group 1 Automotive on the Sale of Nissan of Mobile

MOBILE, Ala.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail ...

11 months ago - Business Wire

Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend

HOUSTON , Aug. 2, 2023  /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. an...

11 months ago - PRNewsWire

Group 1 Automotive Achieves Record Quarterly Total Revenues and Gross Profit

Current quarter diluted earnings per common share from continuing operations of $12.02 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of...

11 months ago - PRNewsWire

Group 1 Automotive Schedules Release of Second Quarter 2023 Financial Results

HOUSTON , July 11, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. an...

1 year ago - PRNewsWire

Group 1 Automotive CEO: Seeing some EV supply constraints with manufacturers

Daryl Kenningham, Group 1 Automotive CEO, joins 'Squawk on the Street' to discuss the balance in demand and supply for electric vehicles, the current market for used cars, and the scarcity of service ...

1 year ago - CNBC Television