|Bid||179.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||186.31 - 198.74|
|52 Week Range||145.72 - 212.23|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||6.28|
|Earnings Date||Apr 27, 2022 - May 02, 2022|
|Forward Dividend & Yield||1.48 (0.84%)|
|Ex-Dividend Date||May 31, 2022|
|1y Target Est||275.40|
Group 1's (GPI) latest dividend hike marks a 2.7% increase from the previous payout. The auto retailer also boosts its share repurchase program by $130 million to $250 million.
Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $130 million to $250 million, and also declared an increase to the quarterly cash dividend.
When a stock breaks out above the 200-day simple moving average, good things could be on the horizon. How should investors react?