Zacks Research Cuts Earnings Estimates for General Motors

General Motors (NYSE:GMFree Report) (TSE:GMM.U) – Stock analysts at Zacks Research reduced their Q1 2026 earnings estimates for General Motors in a research note issued to investors on Thursday, May 15th. Zacks Research analyst R. Singhi now expects that the auto manufacturer will earn $1.68 per share for the quarter, down from their prior estimate of $1.81. The consensus estimate for General Motors’ current full-year earnings is $11.44 per share. Zacks Research also issued estimates for General Motors’ Q2 2026 earnings at $1.92 EPS, Q3 2026 earnings at $2.02 EPS and Q4 2026 earnings at $1.90 EPS.

Several other research firms have also recently weighed in on GM. TD Cowen assumed coverage on shares of General Motors in a report on Friday, March 7th. They issued a “buy” rating and a $105.00 price target on the stock. Royal Bank of Canada lifted their price target on shares of General Motors from $55.00 to $57.00 and gave the company an “outperform” rating in a report on Friday, May 2nd. Barclays raised their price objective on General Motors from $40.00 to $45.00 and gave the company an “equal weight” rating in a research report on Monday, May 5th. JPMorgan Chase & Co. lowered their price objective on General Motors from $64.00 to $53.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, BNP Paribas raised General Motors to a “strong-buy” rating in a research report on Monday, May 5th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $54.56.

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General Motors Stock Up 0.5%

Shares of General Motors stock opened at $50.36 on Monday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.98 and a current ratio of 1.13. General Motors has a 52-week low of $38.96 and a 52-week high of $61.24. The stock has a market capitalization of $48.42 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 0.67 and a beta of 1.36. The company’s 50 day moving average price is $46.85 and its 200-day moving average price is $50.00.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, April 29th. The auto manufacturer reported $2.78 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.15. General Motors had a net margin of 3.21% and a return on equity of 15.29%. The business had revenue of $44.02 billion for the quarter, compared to the consensus estimate of $42.64 billion. During the same period last year, the firm posted $2.62 earnings per share. General Motors’s quarterly revenue was up 2.3% on a year-over-year basis.

General Motors announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 26th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the auto manufacturer to reacquire up to 12.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

General Motors Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Friday, June 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.19%. This is a boost from General Motors’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, June 6th. General Motors’s payout ratio is presently 8.65%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GM. Trust Point Inc. boosted its stake in shares of General Motors by 2.7% during the 4th quarter. Trust Point Inc. now owns 7,241 shares of the auto manufacturer’s stock worth $386,000 after acquiring an additional 193 shares in the last quarter. Holistic Planning LLC boosted its stake in General Motors by 3.9% during the 4th quarter. Holistic Planning LLC now owns 5,759 shares of the auto manufacturer’s stock valued at $307,000 after purchasing an additional 214 shares during the period. Nemes Rush Group LLC boosted its stake in General Motors by 18.7% during the 4th quarter. Nemes Rush Group LLC now owns 1,379 shares of the auto manufacturer’s stock valued at $73,000 after purchasing an additional 217 shares during the period. ICONIQ Capital LLC boosted its stake in General Motors by 4.2% during the 1st quarter. ICONIQ Capital LLC now owns 5,434 shares of the auto manufacturer’s stock valued at $256,000 after purchasing an additional 220 shares during the period. Finally, Operose Advisors LLC boosted its stake in General Motors by 18.7% during the 4th quarter. Operose Advisors LLC now owns 1,413 shares of the auto manufacturer’s stock valued at $75,000 after purchasing an additional 223 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors Company Profile

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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.

See Also

Earnings History and Estimates for General Motors (NYSE:GM)

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