GM - General Motors Company

NYSE - NYSE Delayed Price. Currency in USD
36.19
-0.46 (-1.26%)
At close: 4:00PM EDT
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Previous Close36.65
Open36.81
Bid0.00 x 2200
Ask0.00 x 800
Day's Range35.87 - 36.82
52 Week Range30.56 - 41.90
Volume7,918,055
Avg. Volume8,021,555
Market Cap51.67B
Beta (3Y Monthly)1.25
PE Ratio (TTM)5.76
EPS (TTM)6.28
Earnings DateOct 29, 2019
Forward Dividend & Yield1.52 (4.15%)
Ex-Dividend Date2019-09-05
1y Target Est47.44
Trade prices are not sourced from all markets
  • New report reveals the future of car ownership
    Yahoo Finance Video

    New report reveals the future of car ownership

    According to a new survey from OCC Consultants, the car ownership landscape is changing. Yahoo Finance’s Jen Rogers and Myles Udland discuss with OCC Consultants Partner Nicholas Fahri.

  • UAW's strike against GM will continue. Here's why ratification could be tricky
    American City Business Journals

    UAW's strike against GM will continue. Here's why ratification could be tricky

    Despite putting a tentative agreement to a ratification vote, United Auto Workers will to continue a strike against General Motors. Here are a few highlights of the tentative agreement.

  • Barrons.com

    Tesla Stock Has Never Had a Run Quite Like This

    The current rally has been catalyzed by a relief rally after its third-quarter delivery disappointment.

  • GM workers to remain on picket line until new contract is approved
    MarketWatch

    GM workers to remain on picket line until new contract is approved

    Striking General Motors workers will stay on the picket lines for several more days until they vote on a tentative contract agreement with the company.

  • Is GM Stock A Buy Now? General Motors Earnings, Chart Say This
    Investor's Business Daily

    Is GM Stock A Buy Now? General Motors Earnings, Chart Say This

    General Motors is focusing on profitable SUVs now and self-driving cars for the future. But a new GM strike adds to challenges. Is GM stock a buy now? Take a look under the hood.

  • Benzinga

    Volvo Trucks Will Lay Off 3,000 Workers Because Of UAW Strike At Mack Trucks

    The impact of a United Auto Workers' strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share. A Volvo Group spokesman on Thursday confirmed the ripple effect of the 4-day-old strike on its New River Plant in Dublin, Virginia. "We communicated to our employees this morning that NRV will stop production Monday because of the effects of the strike at our Hagerstown powertrain operations," spokesman John Mies told FreightWaves.

  • Reuters

    UAW reaches contract deal with 850 Aramark workers at GM plants -sources

    The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said. The UAW's national council has been delaying for hours on Thursday a vote on a separate tentative agreement reached Wednesday with GM covering 48,000 hourly workers as talks continued with Aramark. The UAW did not want members to be forced to cross Aramark picket lines to return to work, sources said.

  • GM Strike: Proposed UAW Labor Deal Includes Higher Pay, Signing Bonus
    Investor's Business Daily

    GM Strike: Proposed UAW Labor Deal Includes Higher Pay, Signing Bonus

    The proposed General Motors labor contract deal includes key concessions on pay and jobs, but will let GM close three plants. GM stock fell.

  • TIMELINE-UAW wrings higher pay from GM in deal to end strike, agrees to plant closings
    Reuters

    TIMELINE-UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

    The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday. UAW officials and striking workers on the picket lines had said their focus in the dispute with GM was on jobs, pay equity and fairness for workers who made concessions in 2009 to help GM through its government-led bankruptcy. GM announced the No. 1 U.S. automaker's biggest restructuring since its 2009 bankruptcy, putting five North American plants on notice for potential closure and saying it would cut nearly 15,000 jobs.

  • MarketWatch

    GM-UAW deal 'solid outcome' for car maker: RBC

    The tentative deal struck between General Motors Co. and United Auto Workers doesn't look "too onerous" for the car maker, analyst Joseph Spak at RBC Capital said in a note late Thursday as more details about the contract emerged. "We continue to believe that if this is ratified, it is a solid outcome for GM," Spak said. Shares of GM were approaching the end of the trading session about 1% lower. The tentative deal offers temp workers a shortened path to permanent status, calls for no additional health care costs, and provides ratification bonuses, and wage increases, among other items. GM shares have gained nearly 9% this year, underperforming the S&P 500 index , which has risen 20%.

  • Benzinga

    Sales, Cycle And Strike Expected To Impact Big 3 Auto Earnings

    Expect a generally uninspiring third quarter from the "Big 3" automakers on continued international uncertainty that’s weighing on sales, one-time product cycle issues and a strike, Bank of America said ahead of earnings reports from the three major U.S. manufacturers. Ford Motor Company (NYSE: F) was “treading water” in the third quarter, while the report from Fiat Chrysler Automobiles NV (NYSE: FCAU) will be “likely uninspiring,” the firm said.

  • Manufacturing & Retail Worries, Brexit, Q3 Earnings & Buy Google Stock - Free Lunch
    Zacks

    Manufacturing & Retail Worries, Brexit, Q3 Earnings & Buy Google Stock - Free Lunch

    Signs of hope for a Brexit deal and U.S.-China trade war updates. Some disappointing U.S. manufacturing and retail data. Q3 earnings results from the likes of Netflix. And why Google parent Alphabet is a Zack Ranks 1 (Strong Buy) stock. - Free Lunch

  • Benzinga

    Key Freight Market Indicators Drag Down Carrier Pricing Power This Week

    This Week's DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Last Week's DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing ...

  • MarketWatch

    GM stock falls as details of UAW contract emerge

    Shares of General Motors Co. fell nearly 1% in late trading Thursday after the United Auto Workers released details of its new tentative contract with GM. The contract, which still needs to be voted by members, gives full-time temp workers a shortened path to permanent status, among other gains for full-time and part-time temp workers, calls for no additional health care costs, and provides ratification bonuses. The contract also calls for wage increases and lump-sum payments in certain years and for the end of a cap on profit sharing. GM would also keep open its Detroit Hamtramck plant, one of four plants it had slated to close. GM and the union announced a tentative agreement on Wednesday. The strike has affected more than 30 GM plants in the U.S. and the deal covers more than 46,000 UAW-represented workers. Shares of GM have gained nearly 9% this year, underperforming the S&P 500 index , which has risen 20%.

  • After Boeing, GM Strike Disrupts Trump’s MAGA Plans
    Market Realist

    After Boeing, GM Strike Disrupts Trump’s MAGA Plans

    The GM strike hurt US manufacturing for September while earlier this month, Boeing’s orders fell. Now Trump's 2020 campaign could take a hit.

  • Reuters

    UPDATE 8-UAW will keep GM strike going while members vote on new contract

    DETROIT/WASHINGTON, Oct 17 (Reuters) - The United Auto Workers union said on Thursday workers at General Motors Co will stay off the job while they vote on a proposed contract that delivers higher pay for full-time workers and better terms for temporary workers, but allows the automaker to close three U.S. plants. Union leaders are giving the 48,000 striking workers until Oct. 25 to vote on the contract terms, but have recommended ratification of the deal. The decision to keep the strike going for another week reflects the pressure on top UAW leaders amid a continuing federal corruption probe of the union.

  • UAW deal with GM to end strike includes pay raises, but three plants would close
    Reuters

    UAW deal with GM to end strike includes pay raises, but three plants would close

    The United Auto Workers union wrung higher pay and better coverage for temporary workers from General Motors Co as part of its tentative deal to end a month-long U.S. strike, but the deal would also allow the automaker to move forward with closing three plants, the union said on Thursday. The highlights of the agreement were released by the UAW after the union's national council, representing GM plants across the United States, reviewed the terms of the four-year deal. The strike began on Sept. 16, with UAW negotiators seeking higher pay for workers, greater job security, a bigger share of profit and protection of healthcare benefits.

  • UAW will keep GM strike going while members vote on new contract
    Reuters

    UAW will keep GM strike going while members vote on new contract

    DETROIT/WASHINGTON (Reuters) - The United Auto Workers union said on Thursday workers at General Motors Co will stay off the job while they vote on a proposed contract that delivers higher pay for full-time workers and better terms for temporary workers, but allows the automaker to close three U.S. plants. Union leaders are giving the 48,000 striking workers until Oct. 25 to vote on the contract terms, but have recommended ratification of the deal. The decision to keep the strike going for another week reflects the pressure on top UAW leaders amid a continuing federal corruption probe of the union.

  • Auto Stock Roundup: Ford Q3 China Sales Dip, Tesla Q3 UK Sales Hit a Record & More
    Zacks

    Auto Stock Roundup: Ford Q3 China Sales Dip, Tesla Q3 UK Sales Hit a Record & More

    While Ford's (F) sales in China fall 30.3% year over year in Q3, Tesla takes the U.K. market by storm with record deliveries of 6,244 vehicles.

  • GM, Tesla, Apple, Restaurant Brands and Meredith: Stocks to watch
    Yahoo Finance

    GM, Tesla, Apple, Restaurant Brands and Meredith: Stocks to watch

    GM, Tesla, Apple, Restaurant Brands and Meredith are the stocks the Yahoo Finance team will be watching for you today.

  • Factory Slump Is Flyover Country at Honeywell
    Bloomberg

    Factory Slump Is Flyover Country at Honeywell

    (Bloomberg Opinion) -- Honeywell International Inc.’s aerospace halo is worth its weight in jet fuel.The $120 billion conglomerate reported its third-quarter results on Thursday, and while there was evidence of the slowdown gripping the rest of the manufacturing industry, there was also proof that everything that’s made Honeywell an industrial  darling of Wall Street this past year still holds true. On the one hand, Honeywell cut its 2019 sales outlook. Revenue at its safety and productivity unit slumped 8% in the third quarter, excluding the impact of currency swings and M&A, as inventory piled up and projects got pushed out. Offsetting that bleak result was Honeywell’s aerospace division, which delivered robust 10% organic revenue growth. And Honeywell raised its 2019 earnings forecast.So in the end, what could have been an ugly earnings day for Honeywell ended up eliciting a polite clap. As trading began in New York, the stock was up about 1%.For Honeywell and other industrial companies, aerospace has been a rare bright spot at a time when many other sectors, particularly automotive, electronics and increasingly construction-related businesses, are slowing down. The decline appears to be accelerating: railroad Union Pacific Corp. on Thursday reported an 8% slump in carload volumes in the third quarter while construction-rental equipment company United Rentals Inc. trimmed its revenue guidance late Wednesday. Meanwhile, a report from the Federal Reserve on Thursday showed that U.S. factory output declined in September by the most in five months as a strike at General Motors Co., the trade war and generally sluggish demand weighed on production.The sustainability of the years-long aerospace boom has come into question as a wobbling Chinese economy and the prolonged trade war risk damping demand for travel. Global passenger traffic grew 3.8% in August, well off the pace of the past few years, according to the International Air Transport Association. But that’s still growth, at least for now. Parts makers like Honeywell are also seeing more demand for services on older aircraft while the Boeing Co. 737 Max remains grounded.In its earnings presentation, Honeywell said it expects further growth in commercial flight hours and the rollout of new jet programs to continue to boost sales at the aerospace division in 2020. Margins may get squeezed, because the business will tilt more heavily toward the less profitable work of installing new equipment versus maintaining older versions.The generally upbeat aerospace narrative contrasts with downbeat performances elsewhere at the company. The sales decline at the safety and productivity unit was the worst for the business since 2016, when the manufacturing sector was emerging from a mini-recession sparked by the plunge in oil prices. Margins in the safety and productivity business fell 320 basis points to 13.4%. Honeywell still recorded healthy growth in its chemicals and materials unit and building-technologies division, but the pace slackened from the second quarter. Honeywell now expects total company organic sales to grow at best 5% this year, down from an earlier projection of as much as 6%.Amid what it deemed an “uncertain macro environment,” Honeywell reiterated its ability to protect its earnings through a downturn by continuing to cut costs and using its ample balance sheet for M&A and share buybacks. CEO Darius Adamczyk has largely sat comfortably on the M&A sidelines the past few years, holding out for lower valuations that may now be coming. There had been some concern when he took over from former leader Dave Cote and talked passionately about accelerating Honeywell’s revenue growth that such an effort would come at the expense of the company’s almost religious commitment to margin improvements. That concern was ill-founded. Honeywell boosted its margin guidance for the full year in part because of the benefits of previously funded restructuring, operating improvements and the spinoffs of the less profitable Garrett Motion Inc. turbocharger and Resideo Technologies Inc. consumer-facing home products businesses last year.Honeywell is making a good case for why it’s a decent place to hide in the event of a manufacturing slowdown, or perhaps broader recession. But the fact that it’s making this argument increasingly loudly should be a warning for the rest of the industrial sector.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Jobless claims rise slightly to 214,000 in mid-October, but remain near a 50-year low
    MarketWatch

    Jobless claims rise slightly to 214,000 in mid-October, but remain near a 50-year low

    The number of unemployed workers who applied for jobless benefits in the second week of October rose slightly, but layoffs nationwide remained near a 50-year low and showed no sign of rising despite a slowdown in the U.S. economy. Initial jobless claims increased by 4,000 to 214,000.