Zacks Research Lowers Earnings Estimates for General Motors

General Motors (NYSE:GM - Free Report) TSE: GMM.U - Analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of General Motors in a research note issued on Tuesday, March 25th. Zacks Research analyst R. Singhi now expects that the auto manufacturer will post earnings of $2.68 per share for the quarter, down from their prior forecast of $2.75. The consensus estimate for General Motors' current full-year earnings is $11.44 per share. Zacks Research also issued estimates for General Motors' FY2026 earnings at $11.76 EPS.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its earnings results on Tuesday, January 28th. The auto manufacturer reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.17. General Motors had a return on equity of 15.29% and a net margin of 3.21%.

GM has been the topic of several other research reports. Piper Sandler raised their price objective on General Motors from $45.00 to $48.00 and gave the stock a "neutral" rating in a report on Thursday, March 20th. UBS Group restated a "buy" rating on shares of General Motors in a research note on Monday, February 3rd. Mizuho boosted their price objective on General Motors from $59.00 to $62.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. The Goldman Sachs Group set a $73.00 target price on shares of General Motors in a research report on Saturday, March 1st. Finally, Cowen initiated coverage on shares of General Motors in a research report on Thursday, March 6th. They issued a "buy" rating for the company. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, General Motors presently has a consensus rating of "Hold" and a consensus price target of $62.11.

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General Motors Stock Up 0.7 %

Shares of General Motors stock traded up $0.35 during trading hours on Friday, hitting $47.38. The company had a trading volume of 4,987,481 shares, compared to its average volume of 13,307,249. The company's 50-day moving average is $48.81 and its two-hundred day moving average is $50.61. General Motors has a twelve month low of $38.96 and a twelve month high of $61.24. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.13 and a quick ratio of 0.98. The company has a market cap of $47.15 billion, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 0.67 and a beta of 1.42.

General Motors declared that its board has approved a stock buyback plan on Wednesday, February 26th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to purchase up to 12.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were given a dividend of $0.12 per share. The ex-dividend date was Friday, March 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.01%. General Motors's payout ratio is 7.80%.

Insider Transactions at General Motors

In other news, Director Alfred F. Kelly, Jr. purchased 12,000 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was acquired at an average price of $50.66 per share, with a total value of $607,920.00. Following the purchase, the director now directly owns 13,714 shares of the company's stock, valued at $694,751.24. This represents a 700.12 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.72% of the company's stock.

Hedge Funds Weigh In On General Motors

Several hedge funds have recently added to or reduced their stakes in GM. Wellington Management Group LLP raised its holdings in shares of General Motors by 0.6% in the fourth quarter. Wellington Management Group LLP now owns 1,195,961 shares of the auto manufacturer's stock worth $63,709,000 after acquiring an additional 7,081 shares during the last quarter. NorthCrest Asset Manangement LLC acquired a new position in shares of General Motors in the fourth quarter valued at approximately $233,000. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of General Motors during the fourth quarter valued at approximately $25,824,000. Centaurus Financial Inc. boosted its position in General Motors by 13.9% during the fourth quarter. Centaurus Financial Inc. now owns 14,451 shares of the auto manufacturer's stock worth $770,000 after acquiring an additional 1,769 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in General Motors in the 4th quarter valued at $60,198,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

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.