General Motors Company (NYSE:GM) has a beta value of 1.43 and has seen 6.77 million shares traded in the last trading session. The company, currently valued at $54.66B, closed the last trade at $48.63 per share which meant it gained $0.76 on the day or 1.59% during that session. The GM stock price is -3.85% off its 52-week high price of $50.50 and 45.92% above the 52-week low of $26.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.75 million shares traded. The 3-month trading volume is 13.93 million shares.

The consensus among analysts is that General Motors Company (GM) is Buy stock at the moment, with a recommendation rating of 2.21. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 20 have rated it as a Hold, with 14 advising it as a Buy. 0 have rated the stock as Underweight.

General Motors Company (NYSE:GM) trade information

Sporting 1.59% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GM stock price touched $48.63 or saw a rise of 0.27%. Year-to-date, General Motors Company shares have moved 35.38%, while the 5-day performance has seen it change 5.76%. Over the past 30 days, the shares of General Motors Company (NYSE:GM) have changed 5.03%. Short interest in the company has seen 30.67 million shares shorted with days to cover at 2.17.

Wall Street analysts have a consensus price target for the stock at $56, which means that the shares’ value could jump 13.16% from current levels. The projected low price target is $34.0 while the price target rests at a high of $98.0. In that case, then, we find that the current price level is -101.52% off the targeted high while a plunge would see the stock lose 30.08% from current levels.

General Motors Company (GM) estimates and forecasts

Figures show that General Motors Company shares have outperformed across the wider relevant industry. The company’s shares have gained 13.91% over the past 6 months, with this year growth rate of 29.56%, compared to -3.90% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.58% over the past 5 years. Earnings growth for 2024 is a modest 30.00% while over the next 5 years, the company’s earnings are expected to increase by 10.83%.

GM Dividends

General Motors Company is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.45 at a share yield of 0.93%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.06%.

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

Insiders own 0.24% of the company shares, while shares held by institutions stand at 88.33% with a share float percentage of 88.54%. Investors are also buoyed by the number of investors in a company, with General Motors Company having a total of 1745.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 110.25 million shares worth more than $5.12 billion. As of 2024-06-30, BLACKROCK INC. held 9.5453% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 95.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.42 billion and represent 8.2304% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . As of Jun 30, 2024 , the former fund manager holds about 3.20% shares in the company for having 35.97 shares of worth $1.75 billion while later fund manager owns 29.28 shares of worth $1.42 billion as of Jun 30, 2024 , which makes it owner of about 2.61% of company’s outstanding stock.