General Motors (NYSE:GM) Releases Earnings Results

General Motors (NYSE:GM) (TSE:GMM.U) posted its quarterly earnings results on Tuesday. The auto manufacturer reported $1.92 EPS for the quarter, topping the consensus estimate of $1.75 by $0.17, Zacks reports. General Motors had a return on equity of 16.30% and a net margin of 6.06%. General Motors updated its FY 2025 guidance to 11.000-12.000 EPS.

General Motors Stock Performance

Shares of GM stock opened at $54.99 on Tuesday. General Motors has a 12 month low of $34.93 and a 12 month high of $61.24. The company has a current ratio of 1.21, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The company has a market cap of $60.47 billion, a P/E ratio of 5.86, a PEG ratio of 0.38 and a beta of 1.42. The firm has a fifty day moving average price of $53.17 and a 200 day moving average price of $49.90.

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 given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.87%. General Motors’s dividend payout ratio (DPR) is currently 5.12%.

Insiders Place Their Bets

In other General Motors news, EVP Craig B. Glidden sold 383,142 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $56.63, for a total transaction of $21,697,331.46. Following the sale, the executive vice president now owns 122,465 shares of the company’s stock, valued at approximately $6,935,192.95. This trade represents a 75.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rory Harvey sold 8,919 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $60.01, for a total transaction of $535,229.19. Following the completion of the transaction, the executive vice president now owns 8,513 shares of the company’s stock, valued at approximately $510,865.13. The trade was a 51.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 514,344 shares of company stock valued at $28,977,691 in the last ninety days. Insiders own 0.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wedbush lifted their target price on shares of General Motors from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. UBS Group raised their target price on General Motors from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. JPMorgan Chase & Co. upped their price target on General Motors from $64.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Morgan Stanley raised shares of General Motors from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $46.00 to $54.00 in a research report on Tuesday, December 10th. Finally, Wells Fargo & Company dropped their price target on shares of General Motors from $38.00 to $35.00 and set an “underweight” rating for the company in a research report on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $61.17.

About General Motors

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.