GM - General Motors Company

NYSE - NYSE Delayed Price. Currency in USD
39.86
+0.38 (+0.96%)
At close: 4:03PM EDT

39.95 +0.09 (0.23%)
After hours: 7:02PM EDT

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Previous Close39.48
Open39.96
Bid39.80 x 1000
Ask40.07 x 4000
Day's Range39.77 - 40.37
52 Week Range30.56 - 41.50
Volume6,547,126
Avg. Volume8,758,901
Market Cap56.537B
Beta (3Y Monthly)1.25
PE Ratio (TTM)6.34
EPS (TTM)6.29
Earnings DateAug 1, 2019
Forward Dividend & Yield1.52 (3.85%)
Ex-Dividend Date2019-06-06
1y Target Est45.95
Trade prices are not sourced from all markets
  • New $60K Mid-Engine Corvette an 'Incredible Value': GM's Reuss
    Bloomberg3 days ago

    New $60K Mid-Engine Corvette an 'Incredible Value': GM's Reuss

    Jul.19 -- General Motors Co. President Mark Reuss discusses the new mid-engine Corvette, driver assistance systems development, and workforce relations. He speaks with Bloomberg's David Westin on "Bloomberg Markets."

  • GM unveils 2020 Corvette
    Yahoo Finance Video3 days ago

    GM unveils 2020 Corvette

    General Motors is in the hot seat after unveiling the 2020 Corvette. Car gurus are up in arms over the latest design changes. Yahoo Finance's Rick Newman and Greg Migliore, editor in chief of Autoblog, break down the updates to the classic car's design.

  • The new Corvette waves goodbye to the boomers
    Yahoo Finance10 hours ago

    The new Corvette waves goodbye to the boomers

    The look, features, and specs makes it obvious that the new Corvette is meant to resonate with younger, more enthusiast sports car buyers who want the Corvette to be a track fighter - not a boulevard cruiser with massive straight line speed.

  • General Motors (GM) Outpaces Stock Market Gains: What You Should Know
    Zacks2 hours ago

    General Motors (GM) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, General Motors (GM) closed at $39.86, marking a +0.96% move from the previous day.

  • The Zacks Analyst Blog Highlights: Tesla, Ford, General Motors and Fiat
    Zacks8 hours ago

    The Zacks Analyst Blog Highlights: Tesla, Ford, General Motors and Fiat

    The Zacks Analyst Blog Highlights: Tesla, Ford, General Motors and Fiat

  • TheStreet.com8 hours ago

    [video]Can GM's Cadillac Escalade Takes Fight to Tesla With 400 Miles of Range?

    Can GM's Cadillac brand put out a 400-mile range electric Escalade? According to reports, it will try.

  • GM’s Biggest Chinese Ally Braces For First Annual Sales Dip
    Bloomberg3 days ago

    GM’s Biggest Chinese Ally Braces For First Annual Sales Dip

    (Bloomberg) -- SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter.The Shanghai-based company, Volkswagen AG and General Motors Co.’s biggest auto-making partner in China, projects 2019 sales will fall about 7%, said the people, who asked not to be identified because the information hasn’t been made public. The new target of 6.54 million is about 8% below SAIC’s public forecast for a slight increase in sales and would represent the first full-year drop on record, based on data compiled by Bloomberg back to 2006.Citing weakness in Chinese demand for cars, JPMorgan lowered its second quarter earnings per share estimate for GM on Thursday to $1.25 from $1.29, and also cut its projection for GM’s 2020 profit by about 1%.Investors seemed unfazed by the news as GM rose 1.1% to $39.53 as of 10:56 a.m. in New York.At SAIC’s venture with VW, sales are expected to fall by about 3% to 2 million units and deliveries at SAIC General Motors Corp. are projected to slide by almost 8% to 1.82 million vehicles, according to one of the people. The figures would represent the first full-year drop for the VW venture and the second-straight annual decline for the GM one, according to data compiled by Bloomberg.The projections are the latest signs of deterioration in the global car market, as shifts in technology and weakening economic growth give consumers fewer reasons to go to the showroom, whether it be in China, the U.S. or Europe. The slump is prompting traditional automakers to fight back, by slashing jobs, pursuing mergers, and plowing billions of dollars into electric and self-driving vehicles.A representative for SAIC said that if the overall market slides this year, the company plans to sustain its market share. Representatives for GM and the SAIC-VW venture declined to comment.In China, consumers bought more cars in June -- the first increase in a year -- but those gains were largely inflated by heavy discounts to clear inventory, indicating the trend won’t last. Deliveries to dealerships continued to fall. The state-backed China Association of Automobile Manufacturers is forecasting a second straight year of declines in the country’s passenger-car market, while researcher LMC Automotive last month predicted a 5% drop. GM representatives declined to comment on forward-looking figures.Adding to the woes in China are continued trade frictions with the U.S. and the advent of tougher emissions standards.SAIC reported this month a 17% drop in first-half sales and said it saw declines across its various ventures. The company has offered buyers incentives of as much as 50% over the past few months to clear inventory of cars that don’t meet stricter emissions standards, according to local media reports. Eighteen provinces and regions -- which together account for most of China’s car sales -- began requiring vehicles to meet the new criteria from July 1.It’s not just SAIC that’s suffering. Geely Automobile Holdings Ltd., which is controlled by billionaire Volvo Cars owner Li Shufu, issued a profit warning last week. That triggered a broader fear that the automaker -- which Sanford C. Bernstein sees as a barometer for sentiment on car stocks -- is foreshadowing further pain across the sector. Great Wall Motor Co. on Friday warned first-half profit fell about 59% and slashed its full-year sales forecast to 1.07 million units, or 11% below what it projected in March.Beyond China, European car registrations fell for the ninth time in 10 months, with June seeing the region’s biggest drop this year. In the U.S., most automakers posted shrinking sales in June and the industry is headed for the second annual sales decline in three years.Even India, long a growth market with still-low car penetration, is now suffering from a prolonged decline. Sales of passenger vehicles in the country dropped more than 17% in June, the eighth straight monthly retreat.(Adds analyst lowering estimate of GM’s EPS in third paragraph.)\--With assistance from David Welch and Kyle Lahucik.To contact Bloomberg News staff for this story: Tian Ying in Beijing at ytian@bloomberg.net;Steven Yang in Beijing at kyang74@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Emma O'BrienFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Chevrolet unveils new Corvette, this one with engine behind the driver (PHOTOS)
    American City Business Journals3 days ago

    Chevrolet unveils new Corvette, this one with engine behind the driver (PHOTOS)

    For the first time in the car's 66-year history, the Corvette engine has been moved to behind the driver.

  • American City Business Journals3 days ago

    Automotive Minute: Chevrolet finally reveals 2020 Corvette, will start under $60,000 (Photos)

    GM has finally unveiled the mid-engine 2020 Chevrolet Corvette and revealed that it will start below $60,000 when it arrives at dealerships early next year.

  • Can Trucks & Latest Launches Aid Ford (F) in Q2 Earnings?
    Zacks3 days ago

    Can Trucks & Latest Launches Aid Ford (F) in Q2 Earnings?

    Ford (F) reports a 4.1% year-over-year decline in units sold in the United States in second-quarter 2019.

  • 2020 Chevy mid-engine Corvette C8 rolls out of the hangar, ready for liftoff
    Autoblog3 days ago

    2020 Chevy mid-engine Corvette C8 rolls out of the hangar, ready for liftoff

    The 2020 Chevy Corvette gets a 6.2-liter LT2 naturally aspirated V8 engine that makes 495 horsepower and 470 pound-feet of torque with the optional exhaust. All of this, plus GM's Mark Reuss says the C8 will start under $60,000. A Z51 package adds an adjustable suspension — you can change the stiffness and the ride height.

  • GM unveils revamped Corvette, which looks anything but classic
    MarketWatch3 days ago

    GM unveils revamped Corvette, which looks anything but classic

    When you first lay eyes on the new 2020 Corvette, a modern version of the classic American sports car isn’t the first thing that pops into your head.

  • Son Shines a Spotlight on His Vision Fund Proteges
    Bloomberg4 days ago

    Son Shines a Spotlight on His Vision Fund Proteges

    (Bloomberg) -- Masayoshi Son likes to sketch out a grand vision for the future of artificial intelligence to justify his seemingly scattershot approach to investing. On Thursday, he let his proteges and startups speak for themselves.SoftBank Group Corp.’s $100 billion Vision Fund has 82 companies in its portfolio who delve into areas from satellites and autonomous driving to chips and cancer detection. The founders of Southeast Asian ride-hailing giant Grab, indoor farming startup Plenty, Indian hotel chain OYO Rooms and payments service Paytm took the stage at an annual SoftBank conference to explain how AI helps them stay on top in their respective fields.Ritesh Agarwal, Oyo’s 25-year-old founder, said the company is using data to evaluate properties in under five days, a process that might take traditional hotels months. That allows the startup to add about 90,000 new rooms every 90 days, for a total of 1.1 million. Oyo also uses algorithms to predict what kind of interior design can boost demand -- pictures of Marilyn Monroe help, apparently -- and to adjust prices more than 43,000 times a minute.Grab’s Anthony Tan said the company captures 40 terabytes of data daily through its “superapp,” which has been downloaded 155 million times by customers who use it to call a ride, order lunch and pay for purchases. Crunching those numbers allows Grab to make sure a car can be hailed within three minutes and offer food recommendations. The data can also help reduce congestion in Southeast Asia’s crowded cities, reduce food wastage and improve access to credit.Each of Paytm’s 700 billion mobile payment transactions runs a gauntlet of more than 1,000 checks in a thousandth of a second, to root out fraud, founder Vijay Shekhar Sharma said at the event. The rules can be as simple as comparing the phone’s location to that of a merchant receiving payment, and declining those that don’t match. The data could also be used by sellers to determine in real time whether to extend a particular customer credit.Finally, Plenty says its high-tech approach to growing crops indoors results in plants that yield more without pesticides, use a fraction of water of their counterparts in the field and taste better, to boot. Founder Matt Barnard said the company used AI to developed 64 billion produce recipes that allow farmers to adapt production within days to take advantage of a sudden shortage of kale or iceberg lettuce.SoftBank’s Vision Fund poured $3 billion into Grab and took part in a $1 billion round for Oyo last year. In 2017, it led a $200 million investment in Plenty. Last year’s event included presentations from machine learning platform Pettum Inc., Chinese ride-hailing giant Didi Chuxing, ZhongAn Insurance and General Motors Co.’s self-driving unit, Cruise.“The crystal ball that tells the future doesn’t exist, but something close to that is being created now,” Son said at SoftBank World in Tokyo. “The AI revolution can make people happier. That’s the opportunity in front of us.”(Corrects the number of produce recipes in the sixth paragraph.)To contact the reporter on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Tesla (TSLA) Is Charged And Ready To Drive Returns
    Zacks4 days ago

    Tesla (TSLA) Is Charged And Ready To Drive Returns

    Tesla is one of those companies that everyone wants to succeed because it symbolizes not only a cultural shift towards a cleaner world but a drive to reach levels of innovation that humans never thought was possible.

  • Tesla Stock Wobbles on Analyst’s Margin Concerns
    Market Realist4 days ago

    Tesla Stock Wobbles on Analyst’s Margin Concerns

    Tesla stock turned negative after Needham & Company's Rajvindra Gill reiterated his “underperform” rating on concerns about the company's delivery target.

  • GM will help Chevy EV owners find certified home charger installers
    Engadget4 days ago

    GM will help Chevy EV owners find certified home charger installers

    General Motors wants to make it easier for Chevy EV-owners to charge their vehicles at home. Customers can now visit the Chevrolet.com Charging Page and search for certified charger installers. They'll be able to fill in details about their home, compare quotes and contact an installer from the page. Chevy hopes the new feature (the result of a partnership with Qmerit ) will convince more people to buy EVs.

  • Can Ford's (F) Q2 Earnings Drive Up Its Stock Price?
    Zacks4 days ago

    Can Ford's (F) Q2 Earnings Drive Up Its Stock Price?

    Ford Motor Company (F) is in the middle of a very strong year, with its stock price up 35.1% YTD. This year has helped Ford recover from a very disappointing 2018, yet it has only regained about half of its losses so far.

  • Democrats are attacking the wrong companies
    Yahoo Finance4 days ago

    Democrats are attacking the wrong companies

    Many other companies treat workers, customers and the environment worse than Amazon, Facebook, Google and other familiar targets.

  • Auto Stock Roundup: Automakers to Initiate Talk With UAW, GPC to Buy Todd Group
    Zacks4 days ago

    Auto Stock Roundup: Automakers to Initiate Talk With UAW, GPC to Buy Todd Group

    Toyota (TM) announces plan to scrap the production of Corolla compact cars at its new factory under construction in Alabama. Daimler (DDAIF) issues profit warnings on regulatory and recall costs.

  • GM's mid-engine Corvettes roar onstage to take on Europeans
    Reuters4 days ago

    GM's mid-engine Corvettes roar onstage to take on Europeans

    General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment. In a glitzy presentation in Orange County outside Los Angeles, the eighth generation of the 66-year-old "Vette," in red, white, and blue, roared down a runway stopping short before an audience of Corvette enthusiasts, GM executives, dealers and media. Revved up to take on high-performance European rivals, the new Corvette, dubbed the C8, provides a breath of fresh air to GM, which along with other carmakers faces slowing sales and new financial pressures related to global trade, electrification and unresolved emission standards.

  • 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors
    InvestorPlace4 days ago

    3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors

    After stalling on Monday and struggling on Tuesday, the bears finally got their pound of flesh. On Wednesday, the S&P 500 fell 0.65%, closing near its low for the day after a few too many investors rethought their positions after a fairly tough start to earnings season.Source: Shutterstock Railroad company CSX (NASDAQ:CSX) hit the wall the hardest, slumping more than 10% after falling short of last quarter's earnings expectations then underscoring that miss with a disappointing outlook. Telecom technology name Ericsson (NASDAQ:ERIC) was a miserable performer too, however, down 11% after missing its quarterly earnings estimates and painting a grim picture of its business in Asia.At the other end of the spectrum, Shopify (NYSE:SHOP) rallied more than 2% as investors jockeyed to get into the one name that could prove disruptive to the e-commerce landscape.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Cryptocurrencies to Keep on Your Radar But none of those names are as compelling as the stock charts of Eastman Chemical Company (NYSE:EMN), General Motors (NYSE:GM) and Verizon Communications (NYSE:VZ) headed into Thursday's action. Here's what makes these three names so special. Eastman Chemical Company (EMN)Given the action Eastman Chemical Company shares have dished out over the past couple of weeks, it would be easy to say EMN just blew its chance at clearing its 200-day moving average line plotted in white on both stocks charts. The June rally was stopped cold there, and Tuesday's short-lived trek above the 200-day line was also halted when the late-June high near $80 was re-met.There's more bullishness packed into this chart than readily meets the eye, however. Another good nudge or two could do the trick. Click to Enlarge * Although the June effort to clear the 200-day moving average line failed, notice the subsequent pullback was halted and reversed cleanly at the purple 50-day moving average line. * Yesterday, the gray 100-day moving average line also became a support level. * While the 200-day line is a critical hurdle here, the $80 area has been defined as the make-or-break area for meaningful upside. Verizon Communications (VZ)With nothing more than a passing glance at Verizon Communications, it looks like the stock is simply range-bound, bouncing to and from near-term peaks and troughs. And, that may be all that's taking shape here.But, as was noted on June 21, VZ stock is increasingly putting pressure on its 200-day moving average line as a technical floor. Although it's still intact, the stock is quietly inching closer to a break under that support, which could easily open the doors to lower lows in a hurry. * 7 Stocks Top Investors Are Buying Now Click to Enlarge * Just since April, the testing of the 200-day line, plotted in white on both stock charts, has heated up to where it's being touched on a regular basis. * Although it has not happened yet, we're even closer to a so-called death cross now than we were a month ago. That's where the purple 50-day average crossed under the 200-day line. * Even a break under the 200-day line is no guarantee of a complete meltdown, however. There's a support line at $55.34, where the red, dashed line that connects the key lows since early last year lies. General Motors (GM)Like all other players in the automobile industry, General Motors has struggled since "peak auto" came and went in 2015. Although it fared better than the rest and it was able to drive GM stock sharply higher in 2017, it wasn't meant to last. The pullback has been particularly bumpy.There has been a method to the madness behind all the volatility, however. The highs and lows going back to 2015 have formed a wedge pattern that's squeezing General Motors shares into a point. The stock may not get all the way to the convergence of that triangle shape, however, if they can just get over the ceiling they're testing right now. Click to Enlarge * There are actually two upper boundaries of the wedge. The bigger-picture one is plotted as a white dashed line, while the gray dashed line has only taken shape since early 2018. * We've seen it before to no avail, but the white 200-day moving average line is sloped upward again, suggesting the longer-term trend is net-bullish. * Although pressing the upper boundary of the wedge right now, General Motors stock might be better served by sliding a little lower, regrouping and then trying one more time.As of this writing, James Brumley held no position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors appeared first on InvestorPlace.

  • GuruFocus.com5 days ago

    David Einhorn's Greenlight Buys NeuBase Therapeutics Stake

    Shares have dropped 7% Wednesday Continue reading...

  • Tesla Stock Jumps After Elon Musk Slams the Auto Industry
    Market Realist5 days ago

    Tesla Stock Jumps After Elon Musk Slams the Auto Industry

    On Wednesday, Tesla (TSLA) stock surged nearly 2% after CEO Elon Musk slammed the auto industry in an interview.

  • UAW president blasts GM for closing production plants
    American City Business Journals5 days ago

    UAW president blasts GM for closing production plants

    The fate of plants General Motors Co. has said it plans to close loom large in talks with the United Automobile Workers on a new contract.