Quote Overview

Stock Activity

Open	45.31
Day Low	44.62
Day High	45.31
52 Wk Low	26.30
52 Wk High	46.04
Avg. Volume	13,645,030
Market Cap	51.43 B
Dividend	0.48 ( 1.06%)
Beta	1.51

Key Earnings Data

Earnings ESP	2.68%
Most Accurate Est	2.43
Current Qtr Est	2.37
Current Yr Est	9.31
Exp Earnings Date	7/23/24
Prior Year EPS	7.68
Exp EPS Growth (3-5yr) 9.21%
Forward PE	4.84
PEG Ratio	0.53

Auto-Tires-Trucks » Automotive - Domestic

Research Reports for GM

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Premium Research for GM

Style Scores A Value C Growth A Momentum A VGM
Zacks Rank	Buy 2
Zacks Industry Rank	Top 33%(82 out of 252)
Zacks Sector Rank	Bottom 13% (14 out of 16)
Earnings ESP	2.68%
Research Reports for GM Analyst \| Snapshot

( = Change in last 30 days)

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
General Motors	GM
Canoo	GOEV
PACCAR	PCAR
Nikola	NKLA
Blue Bird	BLBD
ECD Automotive Design, Inc.	ECDA
Ford Motor	F

See all Automotive - Domestic Peers

Zacks News for GM

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Company Summary

One of the world’s largest automakers, General Motors held the largest share of the U.S. auto market at 16.2% in 2023. Headquartered in Detroit, the auto giant has had a long and checkered history. Founded in 1908, the company rose to dominate the U.S. industry. However, hit by the financial crisis, General Motors filed for bankruptcy on Jun 1, 2009. Just within 40 days, the firm emerged from bankruptcy. In 2010, the company launched its IPO – the biggest in U.S. history at that time – and has been steadily profitable since then. From going bankrupt in 2009 to becoming one of the world’s best-run car companies, General Motors has indeed come a long way.

The turnaround has been impressive. The company is stepping up efforts to embrace an electric future and gain a strong foothold in the fast-growing market. The automaker plans to roll out 30 fresh electric vehicle (EV) models by 2025-end. The firm’s modular battery platform, the Ultium Drive system, will aid in the transition to an all-electric portfolio down the road. The major EV offerings include GMC Hummer e-pickup, Cadillac LYRIQ, Chevrolet Silverado EV, Chevrolet Equinox and Blazer EVs among others. The company will also offer an electric version of GMC’s Sierra pickup truck.

General Motors, along with its strategic partners, produces, sells and services cars, trucks and parts under four core brands — Chevrolet, Buick, GMC and Cadillac. General Motors assembles passenger cars, crossover vehicles, light trucks, sport utility vehicles (SUVs), vans and other vehicles.

GM has four operating segments, namely, General Motors North America (“GMNA”), General Motors International (“GMI”), Cruise and GM Financial. While the Cruise segment is responsible for the development and commercialization of autonomous vehicle technology, GM Financial provides retail loan and lease lending across the credit spectrum. Notably, GMNA accounted for 82.3% of the firm's total sales in 2023, while GMI, Cruise and GM Financial constituted 9.23%, 0.17% and 8.3%, respectively.