General Motors (NYSE:GM) Earning Somewhat Positive Media Coverage, Analysis Finds

Media stories about General Motors (NYSE:GM) (TSE:GMM.U) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. General Motors earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the auto manufacturer an impact score of 80 out of 100, meaning that recent news coverage is likely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment’s rankings:

Shares of General Motors (NYSE:GM) opened at 35.77 on Friday. The stock has a 50 day moving average of $35.16 and a 200 day moving average of $35.29. The firm has a market cap of $52.12 billion, a price-to-earnings ratio of 6.22 and a beta of 1.45. General Motors has a 12 month low of $29.82 and a 12 month high of $38.55.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 25th. The auto manufacturer reported $1.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.17. The business had revenue of $36.98 billion during the quarter, compared to the consensus estimate of $37.67 billion. General Motors had a net margin of 5.38% and a return on equity of 22.45%. The business’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.86 EPS. On average, equities research analysts expect that General Motors will post $6.13 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.52 dividend on an annualized basis and a yield of 4.25%. General Motors’s payout ratio is 26.48%.

GM has been the subject of a number of research analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and issued a $36.00 price target on shares of General Motors in a report on Friday, April 7th. UBS AG reaffirmed a “buy” rating and issued a $40.00 price target (up previously from $38.00) on shares of General Motors in a report on Friday, April 14th. Nomura reaffirmed a “buy” rating and issued a $47.00 price target on shares of General Motors in a report on Tuesday, May 2nd. BMO Capital Markets reaffirmed a “market perform” rating on shares of General Motors in a report on Wednesday, May 3rd. Finally, Buckingham Research reaffirmed a “neutral” rating on shares of General Motors in a report on Friday, June 2nd. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and three have given a strong buy rating to the stock. General Motors presently has an average rating of “Buy” and a consensus target price of $39.38.

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In related news, insider John J. Quattrone sold 15,000 shares of the stock in a transaction dated Friday, June 30th. The shares were sold at an average price of $35.00, for a total value of $525,000.00. Following the sale, the insider now directly owns 42,623 shares of the company’s stock, valued at approximately $1,491,805. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jane L. Mendillo acquired 1,520 shares of the stock in a transaction that occurred on Friday, May 26th. The stock was acquired at an average cost of $32.92 per share, for a total transaction of $50,038.40. Following the completion of the purchase, the director now owns 3,120 shares in the company, valued at approximately $102,710.40. The disclosure for this purchase can be found here. Over the last three months, insiders sold 139,158 shares of company stock worth $4,643,312. 0.04% of the stock is owned by corporate insiders.

General Motors Company Profile

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company’s segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial). The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.

Insider Buying and Selling by Quarter for General Motors (NYSE:GM)

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