Wedbush Has Optimistic Outlook of General Motors Q1 Earnings

General Motors (NYSE:GM - Free Report) TSE: GMM.U - Wedbush lifted their Q1 2025 earnings per share estimates for shares of General Motors in a research report issued on Wednesday, January 29th. Wedbush analyst D. Ives now forecasts that the auto manufacturer will earn $2.70 per share for the quarter, up from their prior estimate of $2.45. Wedbush currently has a "Outperform" rating and a $60.00 target price on the stock. The consensus estimate for General Motors' current full-year earnings is $11.45 per share. Wedbush also issued estimates for General Motors' Q2 2025 earnings at $3.02 EPS, Q3 2025 earnings at $3.22 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $11.60 EPS, Q2 2026 earnings at $3.11 EPS and Q3 2026 earnings at $3.29 EPS.

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

Other analysts have also recently issued research reports about the company. Morgan Stanley upgraded General Motors from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $46.00 to $54.00 in a report on Tuesday, December 10th. Wells Fargo & Company boosted their price objective on General Motors from $35.00 to $37.00 and gave the stock an "underweight" rating in a report on Wednesday. Sanford C. Bernstein increased their target price on shares of General Motors from $53.00 to $55.00 and gave the stock a "market perform" rating in a report on Friday, October 25th. DZ Bank cut shares of General Motors from a "buy" rating to a "hold" rating and set a $49.00 price objective for the company. in a research report on Friday, October 11th. Finally, StockNews.com upgraded General Motors from a "hold" rating to a "buy" rating in a research note on Tuesday. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $61.28.

General Motors Stock Down 0.8 %

NYSE GM opened at $49.39 on Friday. The stock's 50 day simple moving average is $52.94 and its 200 day simple moving average is $49.95. General Motors has a one year low of $37.60 and a one year high of $61.24. The firm has a market cap of $49.15 billion, a PE ratio of 8.03, a price-to-earnings-growth ratio of 0.28 and a beta of 1.42. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.13 and a quick ratio of 1.03.

General Motors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, March 7th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Friday, March 7th. General Motors's payout ratio is 7.80%.

Insider Transactions at General Motors

In other news, 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 value of $535,229.19. Following the sale, the executive vice president now directly owns 8,513 shares of the company's stock, valued at approximately $510,865.13. This represents a 51.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alfred F. Kelly, Jr. acquired 12,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of $50.66 per share, with a total value of $607,920.00. Following the completion of the transaction, the director now owns 13,714 shares in the company, valued at approximately $694,751.24. This represents a 700.12 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 514,344 shares of company stock worth $28,977,691. Insiders own 0.72% of the company's stock.

Hedge Funds Weigh In On General Motors

A number of institutional investors have recently modified their holdings of the company. Chicago Partners Investment Group LLC boosted its holdings in General Motors by 15.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 11,382 shares of the auto manufacturer's stock worth $510,000 after acquiring an additional 1,559 shares during the last quarter. Donald Smith & CO. Inc. boosted its holdings in General Motors by 12.1% during the third quarter. Donald Smith & CO. Inc. now owns 1,629,573 shares of the auto manufacturer's stock worth $73,070,000 after purchasing an additional 175,860 shares during the last quarter. Foster & Motley Inc. grew its position in General Motors by 121.5% in the 3rd quarter. Foster & Motley Inc. now owns 47,169 shares of the auto manufacturer's stock worth $2,115,000 after purchasing an additional 25,869 shares in the last quarter. Stoneridge Investment Partners LLC lifted its position in shares of General Motors by 115.1% during the 3rd quarter. Stoneridge Investment Partners LLC now owns 178,443 shares of the auto manufacturer's stock worth $8,001,000 after buying an additional 95,484 shares in the last quarter. Finally, Olstein Capital Management L.P. grew its holdings in shares of General Motors by 14.9% in the third quarter. Olstein Capital Management L.P. now owns 162,000 shares of the auto manufacturer's stock valued at $7,264,000 after acquiring an additional 21,000 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

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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