During the last session, General Motors Company (NYSE:GM)’s traded shares were 8.34 million, with the beta value of the company hitting 1.34. At the end of the trading day, the stock’s price was $45.47, reflecting an intraday gain of 0.02% or $0.01. The 52-week high for the GM share is $61.24, that puts it down -34.68 from that peak though still a striking 14.32% gain since the share price plummeted to a 52-week low of $38.96. The company’s market capitalization is $43.72B, and the average trade volume was 14.79 million shares over the past three months.
General Motors Company (GM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.27. GM has a Sell rating from 3 analyst(s) out of 20 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 14 recommend a Buy rating for it.
General Motors Company (NYSE:GM) trade information
General Motors Company (GM) registered a 0.02% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.02% in intraday trading to $45.47, hitting a weekly high. The stock’s 5-day price performance is 0.51%, and it has moved by 4.46% in 30 days. Based on these gigs, the overall price performance for the year is 1.36%.
The consensus price target of analysts on Wall Street is $49, which implies an increase of 7.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $36 and $73 respectively. As a result, GM is trading at a discount of -60.55% off the target high and 20.83% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.84%. While earnings are projected to return -14.22% in 2025, the next five years will return -1.62% per annum.
GM Dividends
General Motors Company is due to release its next quarterly earnings in June. 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 0.48, with the dividend yield indicating at 1.06 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 95.06 million shares, is of VANGUARD GROUP INC’s that is approximately 8.3681% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.42 billion.
Also, the Mutual Funds coming in first place with the largest holdings of General Motors Company (GM) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 34.44 shares. This amounts to just over 3.58 percent of the company’s overall shares, with a $1.57 billion market value. The same data shows that the other fund manager holds slightly less at 29.76, or about 3.10% of the stock, which is worth about $1.35 billion.
