FY2026 EPS Estimate for General Motors Reduced by Analyst

General Motors Company (NYSE:GM) (TSE:GMM.U) – Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for General Motors in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now expects that the auto manufacturer will post earnings per share of $13.58 for the year, down from their previous estimate of $13.60. The consensus estimate for General Motors’ current full-year earnings is $13.39 per share.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.01. General Motors had a return on equity of 19.36% and a net margin of 2.12%. The firm had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion. During the same quarter last year, the firm earned $2.80 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. dropped their price objective on General Motors from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Deutsche Bank Aktiengesellschaft set a $98.00 target price on shares of General Motors in a research note on Wednesday, October 21st. Royal Bank Of Canada decreased their target price on shares of General Motors from $102.00 to $98.00 and set an “outperform” rating for the company in a research report on Wednesday, October 21st. Yorkville Ives began coverage on shares of General Motors in a research note on Monday, October 5th. They set an “outperform” rating and a $100.00 price target on the stock. Finally, Daiwa Securities Group increased their price target on shares of General Motors from $83.00 to $86.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $99.86.

General Motors Stock Up 0.5%

GM opened at $76.31 on Monday. The company has a market capitalization of $64.37 billion, a PE ratio of 5.63, a price-to-earnings-growth ratio of 0.43 and a beta of 1.40. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.09 and a quick ratio of 0.94. General Motors has a fifty-two week low of $66.75 and a fifty-two week high of $91.85. The business has a 50-day moving average of $83.35 and a 200-day moving average of $80.63.

Institutional Investors Weigh In On General Motors

Several institutional investors and hedge funds have recently added to or reduced their stakes in GM. BlackRock Inc. bought a new position in shares of General Motors in the second quarter valued at approximately $5,958,995,000. Bank of America Corp DE acquired a new stake in shares of General Motors in the second quarter worth $629,465,000. Legal & General Group Plc acquired a new stake in shares of General Motors in the second quarter worth $599,066,000. Bank of New York Mellon Corp bought a new stake in shares of General Motors during the 2nd quarter worth $522,916,000. Finally, Deutsche Bank AG bought a new stake in shares of General Motors during the 2nd quarter worth $383,939,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at General Motors

In related news, EVP Grant Dixton sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the transaction, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.44% of the company’s stock.

General Motors declared that its board has initiated a share repurchase plan on Tuesday, October 20th that permits the company to buy back $20 billion in shares. This repurchase authorization permits the auto manufacturer to purchase up to 27.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio is currently 16.51%.

Trending Headlines about General Motors

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Large buyback supports per-share value. GM authorized up to $20 billion in share repurchases and has already reduced its share count by nearly 40% since early 2023. Continued buybacks could boost earnings per share and provide support for the stock. GM Has a Different and Perhaps Better Way to Reward Investors
• Positive Sentiment: Expansion of autonomous-driving plans offers a growth catalyst. GM is extending its “eyes-off” driving technology beyond its initial focus to pickups and SUVs, potentially broadening the addressable market for its autonomous vehicle strategy. Execution, safety and regulatory approval remain important risks. GM expands eyes-off autonomous driving plans
• Positive Sentiment: Some analysts see GM as stronger than its recent share performance suggests. The Trefis report highlights a potentially attractive valuation and underlying business resilience, reinforcing the value case for the stock. Is General Motors Stock Stronger Than It Looks?
• Neutral Sentiment: GM continues to position multiple powertrain and technology options. Reports discuss diesel ownership costs versus hybrids, future vehicle designs and the OnStar artificial-intelligence assistant. These initiatives could improve product appeal, but their financial impact is not yet clear. GM Claims Diesels Are More Affordable To Own Than Hybrids
• Negative Sentiment: Reduced earnings expectations are a headwind. Erste Group Bank expects lower earnings for GM, which could pressure valuation if the downgrade reflects weaker industry demand, margins or execution. Erste Group Bank Expects Reduced Earnings for General Motors

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.