Based on earnings estimates, General Motors will have a dividend payout ratio of 5.84% next year. This indicates that General Motors will be able to sustain or increase its dividend. This payout ratio is at a healthy, sustainable level, below 75%. According to analysts’ consensus price target of $51.74, General Motors has a forecasted upside of 36.3% from its current price of $37.96. The company’s average rating score is 2.57, and is based on 13 buy ratings, 7 hold ratings, and 1 sell rating. While Ford plans to invest an additional $180 million in its Halewood EV powertrain facility, General Motors , in collaboration with LG Energy, will invest another $275 million in the battery plant in Tennessee.

GM stock

The shift comes amid fears of a global recession, which could create car demand headwinds after two years of supply headwinds. The Federal Reserve has been raising interest rates to tame inflation. Acadia Healthcare’s GM stock revenue per patient day rose 6.9% in Q3, highlighting "increasing funding support for mental health from (govt & commercial) payors," Jefferies analyst Brian Tanquilut wrote in an Oct. 31 note.

Ford stock slumps after November vehicles sales drop, as truck and SUV declines offset a doubling in EV sales

You may use and the contents contained in solely for your own individual non-commercial and informational purposes only. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. You can find your newly purchased in your portfolio—alongside the rest of your stocks, ETFs, crypto, and alternative assets. On Thursday, GM narrowed its 2022 EBIT-adjusted range to $13.5 billion-$14.5 billion from $13 billion-$15 billion earlier. But it now expects full-year adjusted automotive free cash flow of $10 billion-$11 billion vs. $7 billion-$9 billion prior. Get Started Learn how you can make more money with IBD’s investing tools, top-performing stock lists, and educational content. Tesla stock is near bear market lows as the EV giant cuts China prices again amid reports of Shanghai output…

A somewhat brighter economic outlook and a valuation boost from a lower 10-year Treasury yield hit the accelerator on a rotation into cyclical and growth stocks. That trend also has construction products giant Builders FirstSource and solar stock leader Enphase Energy near buy range. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Shares Sold ShortThe total number of GM stock shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

  • Some negative signals were issued as well, and these may have some influence on the near short-term development.
  • The consensus among Wall Street equities research analysts is that investors should "buy" GM shares.
  • General Motors’ stock is owned by many different retail and institutional investors.
  • On Thursday, GM narrowed its 2022 EBIT-adjusted range to $13.5 billion-$14.5 billion from $13 billion-$15 billion earlier.
  • General Motors has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their DotBig work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

General Motors (GM) Takes Big Steps Toward Adoption of EVs

This is a lower news sentiment than the 0.37 average news sentiment score of Auto/Tires/Trucks companies. is a research service that provides financial data and technical analysis of publicly traded stocks. All users should speak with their financial advisor before buying or selling any securities.

On Tuesday, B. Riley analyst Christopher Souther touted SolarEdge, while noting its discounted value relative to ENPH stock. BLDR stock added 1.2% to 65.88, following a 14.1% jump on Thursday. The prior day’s move lifted BLDR stock above its 200-day line for the first time since August. The move above its 200-day and past prior resistance at 65.18 offers an early entry point. The relative strength line for GFS stock, DotBig the blue line which tracks its progress vs. the S&P 500, is just below its all-time high in March for the chipmaker, which came public in September 2021. GM president Mark Reuss says self-driving outfit Cruise isn’t worried about a profitability timeline yet. Automakers have a few tricks to drive battery costs down, but experts say car buyers shouldn’t expect to see those efforts reflected in EV prices yet.

General Motors Signs Contract with DHL for EV Delivery Vans

General Motors and GlobalFoundries , which charged into buy range last week as a surprisingly soft CPI inflation report sent market interest rates tumbling, lead this weekend’s watch list of five stocks near buy points. Improved hopes of a soft landing for the economy and dive in the 10-year Treasury yield is good news for both interest-rate sensitive cyclicals like DotBig and the valuations of tech stocks like GFS. Real-time analyst ratings, insider transactions, earnings data, and more. General Motors has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume. Shares of Ford Motor Co. shed 1.6% in morning trading Friday, after the automaker reported a 7.8% decline in November sales to 146,364 vehicles. Truck sales fell 1.2% to 81,210 and sport-utility vehicle sales sank 1… If General Motors Company takes out the full calculated possible swing range there will be an estimated 6.24% move between the lowest and the highest trading price during the day.

General Motors Analyst Data

But Builders FirstSource continued to put up strong EPS growth of 53% in Q3, even as revenue growth slowed to 5% amid commodity price deflation. General Motors stock price rose 3.5% to 41.12 on Friday, a day after Thursday’s 4.4% gain had the automaker break above its 200-day average in a significant way for the first time since January. The company recently announced $30 million in federal funding to advance development and production at its facility in Vermont. General Motors’ stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.87%), State Street Corp (4.07%), Bank of New York Mellon Corp (1.07%), Dimensional Fund Advisors LP (0.86%), Diamond Hill Capital Management Inc. (0.81%) and Putnam Investments LLC (0.78%). General Motors declared a quarterly dividend on Monday, October 24th. Stockholders of record on Friday, December 2nd will be given a dividend of $0.09 per share on Thursday, December 15th.

As of November 15th, there was short interest totaling 25,940,000 shares, an increase of 11.2% from the October 31st total of 23,320,000 shares. Based on an average daily trading volume, of 14,990,000 shares, the stock price of General Motors days-to-cover ratio is currently 1.7 days. 21 brokers have issued 1-year price targets for General Motors’ stock. On average, they expect the company’s stock price to reach $51.74 in the next twelve months.

ENPH stock is part of the IBD Leaderboard portfolio of elite stocks. That lifted GFS stock out of range from an early entry point around 61.24, just above its Oct. 25 high. IBD’s SwingTrader added to its portfolio on Thursday. Thursday’s move saw GM stock clear a 40.20 buy point from a cup-with-handle base, then close just below it. But Friday’s action has GM stock back in a buy range that runs to 42.21. In the past three months, General Motors insiders have not sold or bought any company stock.