Stock FAQs

how did gm stock do in february

by Zackery Johnson Published 3 years ago Updated 2 years ago
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What is General Motors'stock symbol?

What is General Motors' stock symbol? General Motors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GM." Who are General Motors' major shareholders? General Motors' stock is owned by a variety of institutional and retail investors.

What is the all-time high and low for General Motors stock?

The all-time high General Motors stock closing price was 64.61 on November 17, 2021. The General Motors 52-week high stock price is 65.18, which is 8.9% above the current share price. The General Motors 52-week low stock price is 40.04, which is 33.1% below the current share price.

How much is a GM stock worth?

One share of GM stock can currently be purchased for approximately $51.97. How much money does General Motors make? General Motors has a market capitalization of $75.45 billion and generates $122.49 billion in revenue each year. The auto manufacturer earns $6.43 billion in net income (profit) each year or $7.48 on an earnings per share basis.

What percentage of General Motors'stock is owned by insiders?

Only 0.40% of the stock of General Motors is held by insiders. 80.14% of the stock of General Motors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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Is historical dividend information provided by Mergent?

Does General Motors follow analysts?

The historical dividend information provided is for informational purposes only, and is not intended for trading purposes. The historical dividend information is provided by Mergent, a third party service, and Notified does not maintain or provide information directly to this service. Total dividends per year is based on the dividend ex-date.

What is General Motors' stock price today?

General Motors Company is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding General Motors Company's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of General Motors Company or its management. General Motors Company does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

What guidance has General Motors issued on next quarter's earnings?

One share of GM stock can currently be purchased for approximately $46.38.

What other stocks do shareholders of General Motors own?

General Motors updated its FY 2022 earnings guidance on Monday, February, 21st. The company provided EPS guidance of $6.250-$7.250 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.920. The company issued revenue guidance of -.

Where are General Motors' headquarters?

Based on aggregate information from My MarketBeat watchlists, some companies that other General Motors investors own include Ford Motor (F), AT&T (T), Bank of America (BAC), General Electric (GE), Intel (INTC), Walt Disney (DIS), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA) and Verizon Communications (VZ).

What is the peg ratio of General Motors?

General Motors is headquartered at 300 Renaissance Center, Detroit MI, 48265.

What is GM company?

General Motors has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued.

Does General Motors pay dividends?

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts 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, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, roadside assistance, crisis assist, stolen vehicle assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. Further, the company provides automotive financing services; and operates an online store. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.

When did GM return to the public market?

General Motors does not currently pay a dividend.

Is GM investigating ignition switch?

General Motors returned to public markets in November 2010. On Dec. 21, 2012, the Treasury Dept. announced it planned to unload its GM shares over the course of the next 12 to 15 months, and it completed that process by Dec. 9, 2013. During that time, the price of GM shares mostly rose, ranging from about $27 to $41. The peak price in GM's post-bankruptcy era occurred about two weeks after Treasury sold its final GM shares, at the end of 2013. So the Treasury sold as the stock price was rising, finally exiting its position with the share price near its peak — and about to fall.

Why is GM recalled?

The whole situation is weird enough as it is. A chronology of events GM provided to the government’s auto-safety regulator, the National Highway Traffic Safety Administration (NHTSA), shows GM was internally investigating the ignition-switch problem even in the midst of the company’s 2009 bankruptcy filing and government bailout, which gave the Treasury Dept. a 61% ownership stake in GM. There appears to have been a lull in GM’s internal inquiry from 2009 to 2011, but the probe intensified from 2012 to early 2014, leading to GM’s decision to mount a recall in February.

How much revenue will GM make in 2030?

On Friday, GM announced that it's recalling 69,000 Chevy Bolts due to fire risk. But this bad news will be quickly forgotten as GM's transformation ramps up this fall. X.

How many ULtium batteries will GM have in 2025?

GM also sketched out its path to doubling revenue by 2030 from its recent average of $140 billion in annual sales. In addition to Cruise's $25 billion, software and services could add $25 billion, including as much as $6 billion from the recently launched OnStar Insurance. The BrightDrop commercial delivery van and logistics business could add $10 billion a year. Total EV revenue should grow from $10 billion in 2023 to $90 billion by 2030, GM says.

What is the IBD rating of GM?

GM's one-million EV sales target floor for 2025 translates to roughly 240 million Ultium battery cells. Spreading its costs across massive output will help GM drive down the cost of EV's most expensive piece, even before next-generation batteries come online.

How much does GM spend on electric cars?

GM stock has a solid 82 IBD Composite Rating, but fundamental metrics don't yet tell the full story. The hit to earnings from Covid and the chip shortage have distorted the picture.

What is the relative strength rating of GM?

On June 16, GM said it plans to spend $35 billion on electric and self-driving vehicles. The 30% boost over the prior $27-billion total partly reflects two additional EV battery plants. GM's revved-up investment plans track with its aim to leverage massive scale and capital efficiency as a competitive advantage.

Where is the GM battery factory?

GM stock has an 83 Relative Strength Rating from IBD, meaning it has outperformed 83% of all stocks over the past 12 months.

When will General Motors double its revenue?

GM's first Ultium battery factory in Lordstown, Ohio, also should be up and running early in 2022.

Can GM change the terms and conditions?

General Motors to Outline Plans for Decade of Growth, Doubling of Annual Revenues by 2030 with Increased Margins

Is GM responsible for any damages?

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A prominent hedge fund manager threw in the towel

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What happened

John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear

So what

Shares of General Motors ( NYSE:GM) are falling today, down 5.8% as of 1 p.m. EDT, following disappointing U.S. auto sales results for April and news that a prominent hedge fund manager had sold his stake in GM.

Now what

GM no longer releases monthly sales results for the U.S., but you don't need official numbers to know that April was grim. With auto factories -- and many dealers -- shut down amid the COVID-19 pandemic, U.S. auto sales likely fell by 50% to 55% in April, based on estimates from Cox Automotive, Edmunds, and TrueCar subsidiary ALG.

What happened

GM will report its first-quarter earnings results before the market opens on Wednesday, May 6. They may be somewhat better than expected: Auto investors have taken note of the fact that unlike rival Ford Motor, GM hasn't yet warned investors to expect a loss.

So what

Shares of General Motors ( GM -0.83% ) were trading lower on Thursday, amid a broader decline in consumer discretionary stocks triggered by investor worries about rising COVID-19 cases in U.S. states that have reopened.

NYSE: GM

Traders and investors were reacting on Thursday to reminders that U.S. coronavirus cases are still rising, and that the pandemic has not yet passed. There are now over 2 million cases, and -- notably -- COVID-19 hospitalizations have been rising in some of the states that were aggressive about reopening, including California, Florida, and Texas.

Now what

With dealer supplies running low, GM is scrambling to make as many pickups as it can. Image source: General Motors.

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There's a related concern for GM and its U.S. rivals that auto investors should watch carefully: factories.

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