General Motors FY2027 EPS Forecast Cut by Erste Group Bank

General Motors Company (NYSE:GM) (TSE:GMM.U) – Investment analysts at Erste Group Bank decreased their FY2027 earnings per share estimates for General Motors in a report issued on Wednesday, February 18th. Erste Group Bank analyst S. Lingnau now forecasts that the auto manufacturer will earn $14.26 per share for the year, down from their previous estimate of $14.30. The consensus estimate for General Motors’ current full-year earnings is $11.44 per share.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. The business had revenue of $45.29 billion during the quarter, compared to analysts’ expectations of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.92 earnings per share. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS.

Several other research firms have also recently weighed in on GM. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Thursday, January 22nd. The Goldman Sachs Group set a $104.00 target price on General Motors in a research report on Tuesday, January 27th. Evercore upped their price target on General Motors from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Zacks Research lowered General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Finally, TD Cowen reissued a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.52.

General Motors Trading Down 0.0%

Shares of NYSE GM opened at $81.44 on Monday. General Motors has a 1-year low of $41.60 and a 1-year high of $87.62. The company has a 50-day moving average of $82.19 and a two-hundred day moving average of $70.18. The company has a market cap of $73.62 billion, a PE ratio of 27.06, a P/E/G ratio of 0.45 and a beta of 1.36. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50.

General Motors announced that its Board of Directors has approved a stock buyback plan on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

General Motors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is 19.93%.

Institutional Investors Weigh In On General Motors

Several large investors have recently bought and sold shares of GM. CWM LLC increased its stake in shares of General Motors by 50.8% in the 3rd quarter. CWM LLC now owns 340,858 shares of the auto manufacturer’s stock valued at $20,782,000 after acquiring an additional 114,756 shares in the last quarter. Corient Private Wealth LLC grew its holdings in General Motors by 6.2% in the second quarter. Corient Private Wealth LLC now owns 341,426 shares of the auto manufacturer’s stock worth $16,802,000 after purchasing an additional 20,017 shares during the period. SteelPeak Wealth LLC acquired a new stake in General Motors in the third quarter worth $3,411,000. Burney Co. increased its stake in General Motors by 18.7% in the third quarter. Burney Co. now owns 82,037 shares of the auto manufacturer’s stock valued at $5,002,000 after purchasing an additional 12,913 shares in the last quarter. Finally, Permanent Capital Management LP acquired a new position in shares of General Motors during the third quarter valued at about $1,102,000. Institutional investors own 92.67% of the company’s stock.

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.