According to analysts, General Motors’s stock has a predicted upside of 37.64% based on their 12-month price targets.
Similarly What is the target price for GM stock? Stock Price Target
| High | $95.00 |
|---|---|
| Low | $44.00 |
| Average | $70.10 |
| Current Price | $40.13 |
Is GM undervalued? General Motors’ stock (NYSE: GM) at the current price of $50 seems underpriced compared to Trefis’ GM’s Valuation of $69. In recently concluded FY 2021 results, the company recorded revenue of $128 billion (includes GM China), up 4% y-o-y. Meanwhile EPS was recorded at $6.70 up from $4.33 in the previous year.
Additionally, Does GM stock pay dividends?
General Motors eliminated its dividend in the second quarter of 2020 because of the pandemic. Unlike rival Ford Motor , General Motors has decided against reinstating its dividend despite record profitability.
What is GM dividend per share?
GM Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 03/05/2020 | CASH | $0.38 |
| 12/05/2019 | CASH | $0.38 |
| 09/05/2019 | CASH | $0.38 |
| 06/06/2019 | CASH | $0.38 |
Is GM going out of business 2021? General Motors filed for bankruptcy early Monday, marking the end of an era for GM, as the troubled automaker now represents the largest bankruptcy in history.
Why is GM falling? Shares of General Motors were falling Tuesday after the car maker caught a downgrade from Wall Street. Morgan Stanley analyst Adam Jonas has concerns about GM’s ability to transition to an all-electric future.
Is GM a good stock to buy 2022? GM is posting strong earnings despite slashing production (particularly in the second half of the year) due to the global chip shortage. The company expects semiconductor supply to improve over the course of 2022, enabling higher production.
What was GM’s last dividend?
GM Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 09/07/2017 | CASH | $0.38 |
| 06/07/2017 | CASH | $0.38 |
| 03/08/2017 | CASH | $0.38 |
| 12/05/2016 | CASH | $0.38 |
Is GM dividend coming back? General Motors Co., which suspended its dividend in April 2020, has yet to reinstate the payout, despite CEO Mary Barra saying last November that the company expects to resume dividends “around mid-2021.” When asked again about the dividend plan in an earnings call in February, Barra said she would defer comments on it …
Is Ford a dividend stock?
10, 2022 – The board of directors of Ford Motor Company today declared a first-quarter regular dividend of 10 cents per share on the company’s outstanding common and Class B stock. The dividend is payable on March 1 to shareholders of record at the close of business on Jan. 31.
Does Amazon pay a dividend? The company has no stated plan to pay a dividend, but there are signs that it might be moving in that direction. Amazon ( AMZN 0.71% ) has been in the headlines the past few weeks as the investor community buzzes with news of the company’s upcoming 20-for-1 stock split.
Is GM paying a dividend in 2022?
No dividend
GM plans to spend between about $9 billion and $10 billion a year in the medium term, including in 2022. “As we move forward, we will consider all opportunities to return excess capital to shareholders, but we will not reinstate a dividend at this time,” Barra said.
What is the next ex dividend date for GM?
Our premium tools have predicted General Motors Company with 100% accuracy.
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Dividend Summary.
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Ex-div date | 05 Mar 2020 (Thu) | – |
| Pay date | 20 Mar 2020 (Fri) | – |
Did Ford reinstate dividends? Ford announced at the end of October, when it reported third-quarter financial results, that its board of directors had voted to reinstate a regularly quarterly dividend in the fourth quarter. The 10-cents-per-share dividend was paid out Dec. 1.
How Long Will GM survive? General Motors said Thursday that it would phase out petroleum-powered cars and trucks and sell only vehicles that have zero tailpipe emissions by 2035, a seismic shift by one of the world’s largest automakers that makes billions of dollars today from gas-guzzling pickup trucks and sport utility vehicles.
Is GM profitable?
Along with the upbeat production outlook, G.M. reported $10 billion in profit for 2021, a 55 percent increase from 2020 and its highest total ever. Its previous record year was 2015, when the company earned $9.7 billion.
Is GM shutting down in 2022? General Motors is shutting down its pickup truck factory in Ft. Wayne, Indiana, for two weeks next month because the company has run short of computer chips. March 25, 2022, at 10:28 a.m.
Why is Ford stock so cheap?
Shares of Ford Motor Company ( F 1.23% ) opened lower on Monday amid a broad market sell-off driven largely by concerns about rising interest rates. As of 10:30 a.m. ET, Ford’s shares were down about 4.7% from Friday’s closing price.
Can GM stock hit 100? Analysts believe the GM share price could reach $100 or fall to $54. According to GM technical analysis on Investing.com, the outlook is more bearish with more analysts recommending ‘sell’ for the stock.
Should I hold on to GM stock?
General Motors Company – Hold
Valuation metrics show that General Motors Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GM, demonstrate its potential to outperform the market. It currently has a Growth Score of C.
Who owns the most GM stock? Top 10 Owners of General Motors Co
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 6.69% | 97,213,704 |
| Capital Research & Management Co…. | 6.55% | 95,124,907 |
| Capital Research & Management Co…. | 5.48% | 79,672,881 |
| BlackRock Fund Advisors | 4.61% | 66,917,342 |
