Wedbush Analysts Raise Earnings Estimates for General Motors

General Motors (NYSE:GMFree Report) (TSE:GMM.U) – Equities research analysts at Wedbush raised their Q1 2025 earnings estimates for shares of General Motors in a note issued to investors on Wednesday, January 29th. Wedbush analyst D. Ives now expects that the auto manufacturer will post earnings of $2.70 per share for the quarter, up from their previous forecast of $2.45. Wedbush currently has a “Outperform” rating and a $60.00 target price on the stock. The consensus estimate for General Motors’ current full-year earnings is $11.45 per share. Wedbush also issued estimates for General Motors’ Q2 2025 earnings at $3.02 EPS, Q3 2025 earnings at $3.22 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $11.60 EPS, Q2 2026 earnings at $3.11 EPS and Q3 2026 earnings at $3.29 EPS.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, January 28th. The auto manufacturer reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.17. General Motors had a return on equity of 15.29% and a net margin of 3.21%.

Several other research analysts have also weighed in on GM. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $56.00 to $60.00 in a research note on Tuesday, January 21st. DZ Bank lowered shares of General Motors from a “buy” rating to a “hold” rating and set a $49.00 price target for the company. in a report on Friday, October 11th. Royal Bank of Canada raised their price objective on General Motors from $58.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Hsbc Global Res cut General Motors from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 11th. Finally, UBS Group increased their price target on General Motors from $62.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $61.28.

Get Our Latest Analysis on General Motors

General Motors Price Performance

Shares of GM opened at $49.46 on Friday. The stock has a market cap of $49.21 billion, a P/E ratio of 8.04, a price-to-earnings-growth ratio of 0.28 and a beta of 1.42. General Motors has a 1 year low of $37.60 and a 1 year high of $61.24. The stock’s 50-day moving average price is $52.64 and its two-hundred day moving average price is $49.95. The company has a current ratio of 1.13, a quick ratio of 1.03 and a debt-to-equity ratio of 1.38.

Hedge Funds Weigh In On General Motors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GM. Geode Capital Management LLC increased its position in General Motors by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,620,533 shares of the auto manufacturer’s stock worth $1,055,395,000 after buying an additional 106,878 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of General Motors by 6.1% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 17,278,448 shares of the auto manufacturer’s stock valued at $774,766,000 after acquiring an additional 989,750 shares in the last quarter. Diamond Hill Capital Management Inc. increased its position in General Motors by 3.9% during the third quarter. Diamond Hill Capital Management Inc. now owns 11,113,063 shares of the auto manufacturer’s stock worth $498,310,000 after acquiring an additional 421,989 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in General Motors by 6.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 5,798,131 shares of the auto manufacturer’s stock worth $259,988,000 after purchasing an additional 358,507 shares in the last quarter. Finally, AustralianSuper Pty Ltd boosted its holdings in General Motors by 35.8% in the 4th quarter. AustralianSuper Pty Ltd now owns 4,399,549 shares of the auto manufacturer’s stock valued at $234,364,000 after purchasing an additional 1,159,958 shares during the period. 92.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, President Mark L. Reuss sold 122,283 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $55.16, for a total value of $6,745,130.28. Following the sale, the president now directly owns 126,907 shares of the company’s stock, valued at approximately $7,000,190.12. This represents a 49.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alfred F. Kelly, Jr. acquired 12,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of $50.66 per share, with a total value of $607,920.00. Following the completion of the transaction, the director now owns 13,714 shares of the company’s stock, valued at approximately $694,751.24. The trade was a 700.12 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 514,344 shares of company stock valued at $28,977,691 in the last three months. 0.72% of the stock is currently owned by corporate insiders.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, March 7th will be paid a $0.12 dividend. The ex-dividend date is Friday, March 7th. This represents a $0.48 annualized dividend and a yield of 0.97%. General Motors’s payout ratio is currently 7.80%.

About General Motors

(Get Free Report)

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.

Further Reading

Earnings History and Estimates for General Motors (NYSE:GM)

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