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Until recently, the heavy belief and investment in electric has weighed on GM's stock price. ... The stock also trades at a 26% discount to its book value, according to Yahoo Finance calculations.
GM has recorded eight consecutive quarters of year-over-year U.S. retail sales growth, which drove company revenue compound annual growth rate (CAGR) to roughly 16% over the past 24 months. Second ...
Loaded 0%. General Motors ( GM) reported top and bottom line beats for the fourth quarter and issued 2024 full-year profit guidance that matched its initial forecast for 2023 on Tuesday. Shares of ...
For the quarter, GM reported: Revenue: $43.1 billion vs. $40 billion expected. Adjusted EPS: $2.12 vs. $1.69 expected. On the profitability front, GM reported adjusted EBIT (earnings before ...
General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks ยป *Stock Advisor returns as of July 22, 2024. Travis Hoium has positions in General Motors ...
"I personally am not happy where the share price is," Barra added. Prior to today's announcement, GM shares had been down about 20% in the past year, compared to a 15% gain for the S&P 500 ( ^GSPC ).
In January, GM will raise its dividend by a third to 12 cents per share, another maneuver aimed at boosting the share price. The plan worked, at least on Wednesday. At midday, GM stock rose almost ...