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NVDA   905.13 (+0.29%)
NIO   4.54 (-2.78%)
AMD   180.63 (+0.58%)
BABA   72.50 (+1.27%)
T   17.68 (+0.74%)
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MU   117.73 (-1.18%)
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DIS   122.77 (+1.48%)
AMC   3.69 (-14.98%)
PFE   28.05 (+0.97%)
PYPL   67.23 (+0.99%)
XOM   116.12 (+1.00%)
NYSE:GM

General Motors (GM) Stock Price, News & Analysis

$45.40
+0.81 (+1.82%)
(As of 01:58 PM ET)
Today's Range
$44.60
$45.54
50-Day Range
$34.56
$44.00
52-Week Range
$26.30
$45.54
Volume
7.84 million shs
Average Volume
18.39 million shs
Market Capitalization
$52.41 billion
P/E Ratio
6.21
Dividend Yield
1.06%
Price Target
$50.63

General Motors MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
12.0% Upside
$50.63 Price Target
Short Interest
Healthy
7.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.44
Upright™ Environmental Score
News Sentiment
0.43mentions of General Motors in the last 14 days
Based on 49 Articles This Week
Insider Trading
Selling Shares
$2.23 M Sold Last Quarter
Proj. Earnings Growth
1.44%
From $9.00 to $9.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Auto/Tires/Trucks Sector

5th out of 82 stocks

Motor Vehicles & Car Bodies Industry

1st out of 27 stocks

GM stock logo

About General Motors Stock (NYSE:GM)

General Motors Company, a multinational corporation, has been a leading player in the global automotive industry for over a century. Founded in 1908 by William C. Durant, GM has become one of the world's largest automakers, with a worldwide presence across North America, South America and international markets.

General Motors is the largest automaker in the United States, with a market share of around 17%. It produces a range of vehicles, including cars, trucks and SUVs, under various brands, such as Chevrolet, Buick, Cadillac and GMC.

One of GM's key growth areas is its electric vehicle (EV) business, which is gaining momentum worldwide. The company has plans to launch 30 new electric models globally by 2025 and has committed to investing $35 billion in EV and autonomous vehicle technology over the next five years. With a growing focus on sustainability, the company has set ambitious goals to become carbon neutral by 2040 and to achieve 100% renewable energy usage in its U.S. operations by 2030.

General Motors has also recently improved its environmental, social and governance (ESG) performance. In addition to its commitments to sustainability, the company has also committed to investing in diverse suppliers and increasing the diversity of its workforce. In 2021, the company was named to the Dow Jones Sustainability Indices (DJSI) North America for the third consecutive year, reflecting its strong ESG performance.

Despite its strong market position and ESG performance, General Motors faces risks associated with the cyclical nature of the automotive industry. The industry is subject to fluctuating economic demand, such as in the recent COVID-19 pandemic. The company also faces ongoing legal challenges related to multiple recalls revolving around several vehicle platforms. 

GM has demonstrated resilience and the ability to adapt to changing market conditions. During the pandemic, GM ramped production of its popular trucks and SUVs, which helped drive strong financial results for the third quarter of 2022. After the pandemic, the company reported record sales growth due in part to increased demand for its vehicles and a rebound in production and sales.

Overall, General Motors is a well-established player in the global automotive industry with a strong market position in North America and a growing electric vehicle business. The company's commitment to improving its ESG performance and sustainability practices is notable and reflects its focus on long-term growth and responsible business practices. While investors should be aware of the risks associated with the industry's cyclical nature, General Motors' track record of innovation and resilience makes it a key player to watch in the years ahead.


GM Stock Price History

GM Stock News Headlines

How to Invest in Electric Cars Now and in the Future (GM)
How do you invest in electric cars? Buy the stock of automakers or buy an exchange-traded fund? We’ll show you how to invest in electric cars.
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show
Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Vietnamese automaker VinFast to start selling EVs in Thailand
Vietnamese automaker VinFast plans to sell its electric vehicles in Thailand
Ford Stock Now in Buy Zone After Clearing Short Consolidation (GM)
Ford, GM, and Stellantis stocks surge as the government eases proposed rules for electric vehicle production. Ford and GM are in actionable range.
Biden is coming out in opposition to plans to sell US Steel to a Japanese company
President Joe Biden is coming out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan
Waymo's robotaxi service expands into Los Angeles, starting free rides in parts of the city
Robotaxis are hitting the streets of Los Angeles
Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Most automated driving systems aren't good making sure drivers pay attention, insurance group says
Most electronic systems that take on some driving tasks for humans don’t adequately make sure drivers are paying attention, and they don’t issue strong enough warnings to make drivers behave
GM to resume sales of Chevy Blazer EV after software issues prompted a stop sale late last year
General Motors said Friday that it is resuming sales of its electric Chevrolet Blazer after software issues forced the automaker to halt sales in December
Tesla history: Beyond the Ticker
GM's Mary Barra is going all in on EVs
The EV landscape is set for a turnaround in 2024
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 3/14 Dividend
2/29/2024
Dividend Payable
3/14/2024
Today
3/28/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobile Manufacturers
CUSIP
37045V10
Employees
163,000
Year Founded
1908

Price Target and Rating

Average Stock Price Target
$50.63
High Stock Price Target
$95.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+13.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$10.13 billion
Pretax Margin
5.77%

Debt

Sales & Book Value

Annual Sales
$171.84 billion
Cash Flow
$19.74 per share
Book Value
$59.07 per share

Miscellaneous

Outstanding Shares
1,154,430,000
Free Float
1,148,199,000
Market Cap
$51.51 billion
Optionable
Optionable
Beta
1.50

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Should I Buy General Motors Stock? GM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of General Motors was last updated on Tuesday, March 26, 2024 at 10:40 PM.

Pros

Here are some ways that investors could benefit from investing in General Motors:

  • General Motors has been expanding its software-enabled services and subscriptions, tapping into the growing trend of technology integration in the automotive industry.
  • The company's focus on electric vehicles and autonomous driving technology positions it well for future market demands and regulatory changes in the automotive sector.
  • General Motors' strong presence in the North American market, along with its diversified brand portfolio, provides stability and potential for growth.
  • Recent positive financial performance and strategic partnerships indicate a promising outlook for General Motors, potentially leading to increased stock value.
  • Investors may find General Motors' current stock price attractive, offering a potential entry point for those looking to invest in a reputable automotive company.

Cons

Investors should be bearish about investing in General Motors for these reasons:

  • General Motors faces intense competition in the automotive industry, which could impact its market share and profitability.
  • The cyclical nature of the automotive sector may expose General Motors to economic downturns and fluctuations in consumer demand.
  • Concerns about supply chain disruptions and semiconductor shortages could hinder General Motors' production capabilities and affect its financial performance.
  • Regulatory changes related to emissions standards and trade policies may pose challenges for General Motors' operations and profitability.
  • Investors should carefully consider the potential impact of global economic conditions and geopolitical factors on General Motors' stock performance.

GM Stock Analysis - Frequently Asked Questions

Should I buy or sell General Motors stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Motors in the last year. There are currently 1 sell rating, 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GM shares.
View GM analyst ratings
or view top-rated stocks.

What is General Motors' stock price target for 2024?

16 Wall Street research analysts have issued 1-year price objectives for General Motors' shares. Their GM share price targets range from $28.00 to $95.00. On average, they predict the company's stock price to reach $50.63 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for GM
or view top-rated stocks among Wall Street analysts.

How have GM shares performed in 2024?

General Motors' stock was trading at $35.92 at the start of the year. Since then, GM stock has increased by 25.9% and is now trading at $45.22.
View the best growth stocks for 2024 here
.

Are investors shorting General Motors?

General Motors saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 82,520,000 shares, a decline of 12.8% from the February 29th total of 94,660,000 shares. Based on an average trading volume of 18,020,000 shares, the short-interest ratio is presently 4.6 days. Currently, 7.2% of the company's shares are short sold.
View General Motors' Short Interest
.

When is General Motors' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GM earnings forecast
.

How were General Motors' earnings last quarter?

General Motors (NYSE:GM) announced its earnings results on Tuesday, January, 30th. The auto manufacturer reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. The auto manufacturer earned $42.98 billion during the quarter, compared to analysts' expectations of $38.81 billion. General Motors had a net margin of 5.89% and a trailing twelve-month return on equity of 14.34%. The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the firm earned $2.12 earnings per share.
Read the conference call transcript
.

How often does General Motors pay dividends? What is the dividend yield for General Motors?

General Motors declared a quarterly dividend on Monday, January 29th. Investors of record on Friday, March 1st will be given a dividend of $0.12 per share on Thursday, March 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of $0.09.
Read our dividend analysis for GM
.

Is General Motors a good dividend stock?

General Motors (NYSE:GM) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GM will have a dividend payout ratio of 5.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GM.

What guidance has General Motors issued on next quarter's earnings?

General Motors issued an update on its FY24 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of $8.50-$9.50 for the period, compared to the consensus earnings per share estimate of $7.75.

What is Mary Barra's approval rating as General Motors' CEO?

2,393 employees have rated General Motors Chief Executive Officer Mary Barra on Glassdoor.com. Mary Barra has an approval rating of 79% among the company's employees.

What other stocks do shareholders of General Motors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other General Motors investors own include Ford Motor (F), AT&T (T), Bank of America (BAC), General Electric (GE), Intel (INTC), Walt Disney (DIS), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA) and Verizon Communications (VZ).

Who are General Motors' major shareholders?

General Motors' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.67%), Vanguard Group Inc. (9.67%), Capital World Investors (3.69%), Capital Research Global Investors (2.14%), Putnam Investments LLC (1.75%) and Hotchkis & Wiley Capital Management LLC (1.57%). Insiders that own company stock include Christopher Hatto, Craig B Glidden, Douglas L Parks, Gerald Johnson, Gina Harrison, Julian G Blissett, Mark L Reuss, Matthew Tsien, Patricia F Russo, Paul A Jacobson, Randall D Mott, Rory Harvey and Stephen K Carlisle.
View institutional ownership trends
.

How do I buy shares of General Motors?

Shares of GM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does General Motors have any subsidiaries?
The following companies are subsidiares of General Motors: 2140879 Ontario Inc., ACAR Leasing Ltd., ACF Investment Corp., AFS SenSub Corp., APGO Trust, Adam Opel GmbH, AmeriCredit, AmeriCredit Financial Services Inc., Annunciata Corporation, Argonaut Holdings LLC, Astyx Inc., BOCO (Proprietary) Limited, Banco GM S.A., Boco Trust, BrightDrop LLC, BrightDrop Solutions LLC, BrightDrop Vehicle Distribution LLC, CHEVYPLAN S.A. Sociedad Administradora de Planes de Autofinanciamiento Comercial, Cadillac, Cadillac Europe GmbH, Carve-Out Ownership Cooperative LLC, Chevrolet Deutschland GmbH, Chevrolet Otomotiv Ticaret Limited Sirketi, Chevrolet Sales (Thailand) Limited, Chevrolet Sales India Private Ltd., Chevrolet Sociedad Anonima de Ahorro para Fines Determinados, Controladora General Motors S. de R.L. de C.V., Cruise, Cruise LLC, Cruise Munich GmbH, DCJ1 LLC, DMAX Ltd., Dealership Liquidations Inc., Delphi Energy and Engine Management Systems UK Overseas Corporation, EDS (Electronic Data Systems), GCAR Titling Ltd., GM (UK) Pension Trustees Limited, GM Administradora de Bens Ltda., GM Asia Pacific Regional Headquarters Ltd., GM Components Holdings LLC, GM Corretora de Seguros Ltda., GM Cruise Holdings LLC, GM Defense LLC, GM Eurometals Inc., GM Finance Co. Holdings LLC, GM Financial, GM Financial Bank, GM Financial Canada Leasing Ltd., GM Financial Colombia Holdings LLC, GM Financial Colombia S.A. Compañia de Financiamiento, GM Financial Consumer Discount Company, GM Financial Holdings LLC, GM Financial Insurance Company, GM Financial Mexico Holdings LLC, GM Financial de Mexico S.A. de C.V. SOFOM E.R., GM Financial del Peru S.A.C, GM Global Technology Operations LLC, GM Global Tooling Company LLC, GM Global Treasury Centre Limited, GM Holdings Australia Pty Ltd, GM Holdings U.K. No.1 Limited, GM Inversiones Santiago Limitada, GM Investment Trustees Limited, GM Korea Company, GM LAAM Holdings LLC, GM Mobility Europe GmbH, GM Personnel Services Inc., GM Philippines Inc., GM Protections LLC, GM Regional Holdings LLC, GM Retirees Pension Trustees Limited, GM Speciality Vehicles UK Limited, GM Subsystems Manufacturing LLC, GM Technical Center Korea Ltd., GM-DI Leasing LLC, GMAC Administradora de Consorcios Ltda., GMAC Prestadora de Serviçios de Mão de Obra Ltda., GMCH&SP Private Equity II L.P., GMF Funding Corp., GMF Global Assignment LLC, GMF International LLC, GMF Leasing LLC, GMF Wholesale Receivables LLC, General Motors (China) Investment Company Limited, General Motors - Colmotores S.A., General Motors Advisory Services LLC, General Motors Africa and Middle East FZE, General Motors Asia LLC, General Motors Asia Pacific Holdings LLC, General Motors Asset Management Corporation, General Motors Australia Pty Ltd., General Motors Australia and New Zealand Pty Ltd., General Motors Auto LLC, General Motors Automobiles Philippines Inc., General Motors Automotive Holdings S.L., General Motors Belgique Automobile NV, General Motors Chile Industria Automotriz Limitada, General Motors China LLC, General Motors Daewoo Auto and Technology CIS LLC, General Motors Egypt S.A.E., General Motors Europe Limited, General Motors Financial Chile Limitada, General Motors Financial Chile S.A., General Motors Financial Company Inc., General Motors Financial of Canada Ltd., General Motors Global Service Operations Inc., General Motors Holden Australia NSC Pty Ltd., General Motors Holdings LLC, General Motors IT Services (Ireland) Limited, General Motors India Private Limited, General Motors International Holdings LLC, General Motors International Operations Pte. Ltd., General Motors International Services Company SAS, General Motors International Services LLC, General Motors Investment Limited, General Motors Investment Management Corporation, General Motors Investment Participaçoes Ltda., General Motors Investments Pty. Ltd., General Motors Israel Ltd., General Motors Japan Limited, General Motors LLC, General Motors Limited, General Motors New Zealand Limited, General Motors New Zealand Pensions Limited, General Motors Overseas Commercial Vehicle Corporation, General Motors Overseas Corporation, General Motors Overseas Distribution LLC, General Motors Peru S.A., General Motors Research Corporation, General Motors South Africa (Pty) Limited, General Motors Taiwan Ltd., General Motors Technical Centre India Private Limited, General Motors Treasury Center LLC, General Motors Uruguay S.A., General Motors Ventures LLC, General Motors Warehousing and Trading (Shanghai) Co. Ltd., General Motors de Argentina S.r.l., General Motors de Mexico S. de R.L. de C.V., General Motors del Ecuador S.A., General Motors do Brasil Ltda., General Motors of Canada Company, General Motors-Holden's Sales Pty. Limited, Global Services Detroit LLC, Grand Pointe Holdings Inc., Grand Pointe Park Condominium Association, IBC Pension Trustees Limited, Lease Ownership Cooperative LLC, Lidlington Engineering Company Ltd., Limited Liability Company "General Motors CIS", Maven Drive LLC, Millbrook Pension Management Limited, Monetization of Carve-Out LLC, Motors Holding LLC, Multi-Use Lease Entity Trust, North American New Cars LLC, Omnibus BB Transportes S. A., OnStar Connected Services Srl, OnStar Egypt Limited, OnStar Europe Ltd., OnStar Global Services Corporation, OnStar LLC, OnStar de Mexico S. de R.L. de C.V., P.T. G M AutoWorld Indonesia, P.T. General Motors Indonesia, PIMS Co., PT. General Motors Indonesia Manufacturing, Pan Asia Technical Automotive Center Company Ltd., Prestadora de Servicios GMF Colombia S.A.S., Rapid Motor Vehicle Company, Reliance Motor Car Company, Riverfront Holdings III Inc., Riverfront Holdings Inc., Riverfront Holdings Phase II Inc., SAIC GM (Shenyang) Norsom Motors Co. Ltd., SAIC GM Dong Yue Motors Company Limited, SAIC GM Dong Yue Powertrain Company Limited, SAIC GM Wuling Automobile Company Limited, SAIC General Motors Corporation Limited, SAIC General Motors Sales Company Limited, SAIC-GMAC Automotive Finance Company Limited, SAIC-GMF Leasing Co. Ltd., Servicios GMAC S.A. de C.V., Shanghai OnStar Telematics Co. Ltd., Sidecar Technologies, Ultium Cells LLC, Vehicle Asset Universal Leasing Trust, WRE Inc., and Zona Franca Industrial Colmotores SAS.
Read More
This page (NYSE:GM) was last updated on 3/28/2024 by MarketBeat.com Staff

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