General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 11.000-12.000 for the period, compared to the consensus earnings per share estimate of 10.840. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts have weighed in on GM shares. Wells Fargo & Company decreased their target price on General Motors from $38.00 to $35.00 and set an “underweight” rating for the company in a research report on Monday, December 16th. Royal Bank of Canada boosted their price objective on shares of General Motors from $58.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Hsbc Global Res lowered shares of General Motors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 11th. Mizuho upped their price target on General Motors from $59.00 to $62.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Finally, Sanford C. Bernstein raised their price objective on General Motors from $53.00 to $55.00 and gave the company a “market perform” rating in a research report on Friday, October 25th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, General Motors presently has an average rating of “Hold” and an average price target of $61.17.
Check Out Our Latest Report on General Motors
General Motors Price Performance
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, March 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.87%. General Motors’s dividend payout ratio (DPR) is presently 5.12%.
Insider Activity at General Motors
In other General Motors news, EVP Craig B. Glidden sold 383,142 shares of General Motors stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $56.63, for a total value of $21,697,331.46. Following the sale, the executive vice president now owns 122,465 shares of the company’s stock, valued at $6,935,192.95. The trade was a 75.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Rory Harvey sold 8,919 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $60.01, for a total value of $535,229.19. Following the transaction, the executive vice president now owns 8,513 shares of the company’s stock, valued at $510,865.13. This represents a 51.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 514,344 shares of company stock worth $28,977,691. 0.72% of the stock is owned by corporate insiders.
General Motors Company Profile
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.
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