Group 1 Automotive, Inc. (GPI)

NYSE: GPI · IEX Real-Time Price · USD
292.23
+1.62 (0.56%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.56%
Market Cap 3.98B
Revenue (ttm) 17.87B
Net Income (ttm) 601.60M
Shares Out 13.69M
EPS (ttm) 42.73
PE Ratio 6.84
Forward PE 7.48
Dividend $1.88 (0.64%)
Ex-Dividend Date Feb 29, 2024
Volume 151,077
Open 291.13
Previous Close 290.61
Day's Range 290.04 - 294.43
52-Week Range 214.05 - 310.08
Beta 1.42
Analysts Buy
Price Target 313.75 (+7.36%)
Earnings Date Apr 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 4 analysts, the average rating for GPI stock is "Buy." The 12-month stock price forecast is $313.75, which is an increase of 7.36% from the latest price.

Price Target
$313.75
(7.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

17 days 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"), ...

4 weeks 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...

6 weeks 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 ...

6 weeks 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.

2 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...

2 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...

2 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.

3 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...

4 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...

5 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...

5 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...

6 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
7 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 ...

8 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...

8 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...

8 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...

9 months 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 ...

9 months ago - CNBC Television

MediPrint® Ophthalmics Announces Promising Results from Its SIGHT-2 Phase 2b Group 1 Clinical Study

SAN DIEGO--(BUSINESS WIRE)--MediPrint® Ophthalmics Announces Promising Results from Its SIGHT-2 Phase 2b Group 1 Clinical Study.

10 months ago - Business Wire

Kerrigan Advisors Represents Beck & Masten Auto Group in Sale of Houston Area Kia Dealership to Group 1 Automotive

HOUSTON--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in ...

10 months ago - Business Wire

Group 1 Automotive Expands Brand Footprint in Houston Metro Market - Acquires Kia Dealership with Expected Annual Revenues of $85 Million

HOUSTON , June 1, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and...

10 months ago - PRNewsWire

Group 1 Automotive Appoints New Chairman of the Board and Declares Quarterly Dividend

HOUSTON , May 17, 2023 /PRNewswire/ --  Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. an...

11 months ago - PRNewsWire

Kerrigan Advisors Represents Beck & Masten Auto Group in Sale of Three High Volume Buick GMC Dealerships to Group 1 Automotive

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten ...

11 months ago - Business Wire

Group 1 Automotive Expands in Texas - Acquires Three Dealerships with Expected Annual Revenues of $760 Million

HOUSTON , May 8, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and ...

11 months ago - PRNewsWire

Group 1 Automotive Selects Acxiom to Lead Enterprise-wide Customer Data Platform

CONWAY, Ark.--(BUSINESS WIRE)--Acxiom®, the customer intelligence company, today announced that one of the largest automotive groups in the United States, Group 1 Automotive (Group 1), has engaged Acx...

11 months ago - Business Wire