In the latest trading session, 3.78 million General Motors Company (NYSE:GM) shares changed hands as the company’s beta touched 1.43. With the company’s most recent per share price at $46.49 changing hands around $0.51 or 1.12% at last look, the market valuation stands at $52.26B. GM’s current price is a discount, trading about -8.63% off its 52-week high of $50.50. The share price had its 52-week low at $26.30, which suggests the last value was 43.43% up since then. When we look at General Motors Company’s average trading volume, we note the 10-day average is 11.58 million shares, with the 3-month average coming to 14.79 million.

Analysts gave the General Motors Company (GM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.97. If we narrow down to specifics, the data shows that 3 out of 20 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended GM as a Hold, 14 felt it is a Buy and 0 rated the stock as Underweight.

General Motors Company (NYSE:GM) trade information

Instantly GM is in green as seen in intraday trades today. With action 6.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 29.44%, with the 5-day performance at 6.61% in the green. However, in the 30-day time frame, General Motors Company (NYSE:GM) is 0.25% up. Looking at the short shares, we see there were 35.13 million shares sold at short interest cover period of 2.4 days.

The consensus price target for the stock as assigned by Wall Street analysts is 56, meaning bulls need an upside of 16.98% from its recent market value. According to analyst projections, GM’s forecast low is 34 with 100 as the target high. To hit the forecast high, the stock’s price needs a -115.1% plunge from its current level, while the stock would need to tank 26.87% for it to hit the projected low.

General Motors Company (GM) estimates and forecasts

Data shows that the General Motors Company share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 17.74% over the past 6 months, a 29.43% in annual growth rate that is considerably higher than the industry average of -1.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.58%. The 2024 estimates are for General Motors Company earnings to increase by 28.54%, but the outlook for the next 5-year period is at 12.85% per year.

GM Dividends

General Motors Company is expected to release its next quarterly earnings report on 2024-Oct-22. The 0.90% annual yield figure for the share gives it an annual dividend of 0.42. It is important to note, however, that the 0.90% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.06 per year.

General Motors Company (NYSE:GM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.24% of General Motors Company shares while 88.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 88.43%. There are 88.21% institutions holding the General Motors Company stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.5453% of the shares, roughly 110.25 million GM shares worth $5.12 billion.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.2304% or 95.06 million shares worth $4.42 billion as of 2024-06-30.