GM - General Motors Company

NYSE - NYSE Delayed Price. Currency in USD
37.21
-1.65 (-4.25%)
At close: 4:00PM EDT

37.34 +0.13 (0.35%)
Pre-Market: 8:34AM EDT

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Previous Close38.86
Open37.97
Bid37.01 x 3000
Ask37.32 x 1800
Day's Range36.97 - 38.16
52 Week Range30.56 - 41.90
Volume15,574,966
Avg. Volume7,570,418
Market Cap53.126B
Beta (3Y Monthly)1.25
PE Ratio (TTM)5.93
EPS (TTM)6.28
Earnings DateOct 29, 2019
Forward Dividend & Yield1.52 (3.91%)
Ex-Dividend Date2019-09-05
1y Target Est48.17
Trade prices are not sourced from all markets
  • GM’s strike will cost the company about $50 million a day
    MarketWatch

    GM’s strike will cost the company about $50 million a day

    Losses for GM shares intensify on the first day of a strike affecting the company’s North American production. GM is losing about $50 million a day with the walkout.

  • 5 Low Price-to-Cash-Flow Stocks to Craft a Standout Portfolio
    Zacks

    5 Low Price-to-Cash-Flow Stocks to Craft a Standout Portfolio

    Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound.

  • TheStreet.com

    Boeing, FedEx, Federal Reserve, WeWork, General Motors - 5 Things You Must Know

    U.S. stock futures decline modestly and oil prices slip following one of the biggest single-day price jumps on record; investors adopt a cautious stance ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks; FedEx, Adobe and Chewy report earnings.

  • Reuters

    UPDATE 1-Electric pickup, batteries included in GM's $7 billion pledge

    An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers. The automaker and the union were continuing talks late on Monday to resolve a strike by 48,000 hourly workers that shut down GM's highly profitable U.S. operations. GM said on Saturday it would make investments in eight facilities in four states, but did not specify timing, location or products other than the electric pickup and a battery cell plant.

  • Electric pickup, batteries included in GM's $7 billion pledge
    Reuters

    Electric pickup, batteries included in GM's $7 billion pledge

    An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers. The automaker and the union were continuing talks late on Monday to resolve a strike by 48,000 hourly workers that shut down GM's highly profitable U.S. operations. GM said on Saturday it would make investments in eight facilities in four states, but did not specify timing, location or products other than the electric pickup and a battery cell plant.

  • Photos: GM auto workers strike across the US
    Quartz

    Photos: GM auto workers strike across the US

    Nearly 50,000 walked off the job in the biggest action by UAW workers in more than decade. The union is seeking higher pay and wants GM to keep more US plants open.

  • Benzinga

    Blowout: Experts Talk Oil Moves On PreMarket Prep After Saudi Attack

    To begin with, almost all of the stocks in the oil patch were showing substantial gains in premarket trading.  This move came on the heels of impressive rallies over the last few weeks. General Motors Company (NYSE: GM) was hit with a double dose of bad news, as the UAW declared  a strike against the automaker for the first time since 2007.

  • US STOCKS-Wall Street drops after Saudi attacks, energy stocks spike
    Reuters

    US STOCKS-Wall Street drops after Saudi attacks, energy stocks spike

    Energy stocks spiked while most of Wall Street fell on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a stumbling global economy. The S&P 500 energy index, a gauge of one of the worst performing sectors so far this year, soared 3.3%, its largest one-day gain since January. Shares of Apache Corp , Helmerich and Payne and Cimarex Energy jumped between 12% and 17% and led gainers on the S&P 500.

  • Can Honda's 2030 Vision and Restructuring Efforts Pare Woes?
    Zacks

    Can Honda's 2030 Vision and Restructuring Efforts Pare Woes?

    While near-term headwinds in the form of high expenses and drab sales outlook remain, Honda's (HMC) initiatives look promising enough to bolster long-term prospects.

  • This Is How Much GM Could Lose Every Day From Auto Workers' Strike
    Investor's Business Daily

    This Is How Much GM Could Lose Every Day From Auto Workers' Strike

    General Motors was hit with its first strike since 2007 — which could cost the largest U.S. carmaker $10s of millions per day, analysts said.

  • TheStreet.com

    [video]Trump Scolds GM Foreign Plants as Strike Continues

    President Trump used an oval-office photo op to lob a few verbal artillery shells at one of his favorite targets, General Motors.

  • GM Strike Is the Right Idea in the Wrong Place
    Bloomberg

    GM Strike Is the Right Idea in the Wrong Place

    (Bloomberg Opinion) -- The United Auto Workers union has gone on strike against General Motors Co., demanding much higher pay, more benefits, more job security and a greater share of profits. One analysis suggested that the work stoppage could cost the auto manufacturer $50 million a day in lost earnings. But there might be another, bigger cost for GM and its workers if the strike drags on.On the positive side, the GM work stoppage, the first in 12 years, has the potential to help revitalize a moribund U.S. labor movement. In recent years there has been a spate of strikes in the country, but they look small in historical context:The iconic nature of the current struggle makes it a potent symbol. It was a 1945 UAW strike against GM that resulted in the so-called Treaty of Detroit in 1950, which resulted in the generous packages of pay and benefits that defined good manufacturing jobs in the postwar U.S. The U.S. has largely shifted to service jobs, but a UAW victory against GM could inspire service workers to organize as well. That would be a step toward rebuilding the American middle class.But there are several reasons why a strike against GM might not be the most effective way to kick off a reborn labor movement. The nature of the industry, the evolution of the global economy since 1950, and the pressures of climate change mean that even if the walkout ends in victory over GM’s management, the UAW strike might end up backfiring.Internationally competitive export industries are not ideal for the kind of aggressive bargaining the UAW is engaging in. When the U.S. was practically the entire market for GM’s cars after World War II, management could accommodate labor’s demands simply by lowering profits, raising prices and increasing wages and benefits without hurting sales. But now, even if Ford joins whatever deal GM eventually reaches with its union, U.S. manufacturers are facing a global market and a slew of overseas competitors.Today, GM isn’t even close to being the world’s biggest auto manufacturer, producing fewer than 7 million vehicles in 2018 compared to more than 10 million at Toyota and Volkswagen. In terms of worldwide revenue, Ford and GM come in fourth and fifth, respectively:At their U.S. factories, these foreign companies generally pay workers substantially less than GM and Ford. Auto workers in Germany and South Korea earn more, but have higher productivity that more than makes up for it. Notably, German unions have often pursued a policy of wage restraint, agreeing to hold down pay increases so that their employers can gain market share. GM and Ford are thus facing an uphill battle against rivals that can produce and sell cars more cheaply.Government policy could help shield GM and Ford from some of that competition. The U.S. could enact high tariffs to protect its markets, and it could mandate that foreign companies use unionized workers (though the latter is highly unlikely to happen unless Democrats win a lot of elections).But even then, there would be international competition to think about. GM now sells more cars and earns more revenue in China than it does in the U.S. Overseas markets have been the main source of growth for American car companies in recent years, with no growth in U.S. vehicle sales in the past four years. And in those crucial overseas markets, GM and Ford are competing with Toyota, Volkswagen and the rest, and tariffs won’t help. Export subsidies might do some good, but other governments can match those.The UAW’s demands could thus force U.S. automakers’ costs to levels that will render GM and Ford uncompetitive in their most important markets. That would lead to loss of market share, resulting in more plant closings and fewer jobs. When the next recession comes, a weakened GM could struggle to survive or even require a bailout like the one needed in the 2008-09 financial crisis.The demands of the global environment may be a negative for GM as well. With anxiety over climate change rising, various presidential candidates are proposing bold plans to switch the U.S. entirely over to electric vehicles within a short space of time. That would upend GM’s core business and make many of its factories obsolete. For GM and Ford to survive in a new green-energy world, they would have to very quickly retool to make electric vehicles. Higher labor costs and pension commitments could make that retooling much more difficult.Although the UAW strike may be inspiring for some, and may have positive consequences for the American labor movement, it may end up being a self-destructive move for GM workers themselves. The UAW should abandon the confrontational approach that worked in 1950 for the more cooperative, pragmatic strategy employed by its counterparts in Germany. It’s in the vast domestic service sector, which is less subject to foreign competition, where unions hold much more promise for wringing big concessions from management.To contact the author of this story: Noah Smith at nsmith150@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • The UAW started its biggest labor strike in years with one new advantage
    Quartz

    The UAW started its biggest labor strike in years with one new advantage

    Much has changed since the last big strike at GM in 2007.

  • General Motor's UAW workers strike
    Yahoo Finance Video

    General Motor's UAW workers strike

    49,000 United Auto Workers have walked off the job at General Motors after failing to agree to a contract. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Rick Newman discuss.

  • General Motors' stock value slides as 48,000 workers strike
    CBS News Videos

    General Motors' stock value slides as 48,000 workers strike

    Heated talks between union auto workers and General Motors are already taking an economic toll on the company, on day two of a national strike. GM's stock value dropped more than 4% on Monday as more than 48,000 workers walked out. Some estimates suggest that GM is losing as much as $50 million per day. Dean Reynolds reports.

  • Auto workers strike against General Motors for better pay and benefits
    CBS News Videos

    Auto workers strike against General Motors for better pay and benefits

    All work has stopped at more than 50 General Motors factories and warehouses in the U.S. More than 48,000 workers are on strike — the first against GM in 12 years. Dean Reynolds explains what's at stake.

  • General Motors workers hit picket line after new contract talks fail
    ABC News Videos

    General Motors workers hit picket line after new contract talks fail

    The company reportedly turned a $8.1 billion profit last year and workers who took concessions before the 2009 government bailout want fair wages and benefits at affordable prices.