During the last session, General Motors Company (NYSE:GM)’s traded shares were 14.52 million, with the beta value of the company hitting 1.50. At the end of the trading day, the stock’s price was $45.62, reflecting an intraday gain of 1.20% or $0.54. The 52-week high for the GM share is $46.04, that puts it down -0.92 from that peak though still a striking 42.35% gain since the share price plummeted to a 52-week low of $26.30. The company’s market capitalization is $52.05B, and the average trade volume was 17.74 million shares over the past three months.
General Motors Company (NYSE:GM) trade information
General Motors Company (GM) registered a 1.20% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.20% in intraday trading to $45.62, hitting a weekly high. The stock’s 5-day price performance is 7.49%, and it has moved by 3.68% in 30 days. Based on these gigs, the overall price performance for the year is 38.62%.
General Motors Company (GM) estimates and forecasts
Statistics show that General Motors Company has outperformed its competitors in share price, compared to the industry in which it operates. General Motors Company (GM) shares have gone up 59.73% during the last six months, with a year-to-date growth rate more than the industry average at 21.22% against 11.00. In the rating firms’ projections, revenue will increase 2.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 45.28B as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 44.49B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 44.75B and 44.13B respectively. In this case, analysts expect current quarter sales to grow by 1.20% and then jump by 0.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.58%. While earnings are projected to return 19.21% in 2024, the next five years will return 11.35% per annum.
GM Dividends
General Motors Company is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for General Motors Company is 0.39, with the dividend yield indicating at 0.85 percent, continuing the trend of increasing dividends in recent years.
