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Mizuho maintains neutral recommendation against General Motors (GM)

Fintel will be announced on April 26, 2023 by Mizuho maintained General Motors (NYSE:GM) coverage neutral recommendation.

Analyst price forecast suggests a 48.77% gain

Average 1 year as of April 24, 2023 price target General Motors is 48.96. Forecasts range from a low of $30.30 to a high of $90.30. The average price target represents an increase of 48.77% from the latest reported closing price of 32.91.

see us corporate leaderboard Maximum price target upwards.

General Motors’ expected annual revenue is 165,001MM, an increase of 2.65%. Projected annual non-GAAP EPS is 6.16.

General Motors declares $0.09 dividend

On April 24, 2023, the company will regular quarterly dividend $0.09 per share ($0.36 annualized). Shareholders of record on June 2, 2023 will receive payment on June 15, 2023. Previously, the company paid him $0.09 per share.

At a current price of $32.91/share, the stock has a dividend yield of 1.09%.

Sampled weekly over the five-year period, the average dividend yield was 3.53%, with a low of 0.86% and a high of 8.64%. The standard deviation of yield is 1.64 (n=127).

The current dividend yield is 1.48 standard deviations below its historical average.

The company’s dividend payout ratio is 0.05 times. The payout ratio indicates how much of a company’s profits is paid out as dividends. A payout ratio of 1 (1.0) means that 100% of the company’s income is paid out as dividends. A payout ratio above 1 means the company is steeped in savings to sustain its dividend. This is not a healthy situation. Companies with little growth prospects are expected to pay out the majority of their income in dividends. This usually means a payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain some profits to invest in those growth prospects. This translates to a payout ratio of zero to 0.5.

The company’s three-year dividend growth rate is -0.76%.

What is Fund Sentiment?

there is 2117 funds or institutions reporting positions at General Motors. That’s an increase of 38 owners or 1.83% over the last quarter.Portfolio average weight of all funds GM exclusive was 0.34%, a decrease of 6.54%. The total number of shares owned by the institution fell by 0.86% to 1,371,058,000 shares in the last three months. of put/call ratio GM at 0.95, indicating a bullish outlook.

What are other shareholders doing?

GM/General Motors Corporation shares held by the institution

Capital Research Global Investors It holds 78,404,000 shares representing a 5.62% ownership interest in the company. In previous filings, the company reported he owned 78,065,000 shares. will increase 0.43%.office decreased Portfolio allocation at GM was up 3.15% last quarter.

Capital World Investors holds 54,474,000 shares representing 3.91% ownership of the company. In previous filings, the company reported that it owned 52,800,000 of his shares. will increase of 3.07%.office gain Portfolio allocation at GM was up 2.68% last quarter.

Berkshire Hathaway holds 50,000,000 shares representing a 3.59% ownership interest in the company. No change from the previous quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks It owns 40,959,000 shares representing a 2.94% ownership interest in the company. In previous filings, the company reported he owned 41,294,000 shares. Decrease 0.82%.office decreased Portfolio allocation at GM was up 3.98% last quarter.

Harris Associates LP It holds 39,376K shares representing a 2.82% ownership interest in the company. In previous filings, the company reported he owned 41,531,000 shares. Decrease of 5.47%.office decreased Portfolio allocation at GM was up 6.47% last quarter.

General Motors Background Information
(This description is provided by the company.)

General Motors is a global company committed to providing safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and joint ventures market vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands.

See all General Motors Submissions to regulatory authorities.

This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

Summarize this content to 100 words
Fintel will be announced on April 26, 2023 by Mizuho maintained General Motors (NYSE:GM) coverage neutral recommendation. Analyst price forecast suggests a 48.77% gain Average 1 year as of April 24, 2023 price target General Motors is 48.96. Forecasts range from a low of $30.30 to a high of $90.30. The average price target represents an increase of 48.77% from the latest reported closing price of 32.91.

see us corporate leaderboard Maximum price target upwards. General Motors’ expected annual revenue is 165,001MM, an increase of 2.65%. Projected annual non-GAAP EPS is 6.16. General Motors declares $0.09 dividend On April 24, 2023, the company will regular quarterly dividend $0.09 per share ($0.36 annualized). Shareholders of record on June 2, 2023 will receive payment on June 15, 2023. Previously, the company paid him $0.09 per share. At a current price of $32.91/share, the stock has a dividend yield of 1.09%.

Sampled weekly over the five-year period, the average dividend yield was 3.53%, with a low of 0.86% and a high of 8.64%. The standard deviation of yield is 1.64 (n=127). The current dividend yield is 1.48 standard deviations below its historical average. The company’s dividend payout ratio is 0.05 times. The payout ratio indicates how much of a company’s profits is paid out as dividends. A payout ratio of 1 (1.0) means that 100% of the company’s income is paid out as dividends. A payout ratio above 1 means the company is steeped in savings to sustain its dividend. This is not a healthy situation. Companies with little growth prospects are expected to pay out the majority of their income in dividends. This usually means a payout ratio of 0.5 to 1.0. Companies with good growth prospects are expected to retain some profits to invest in those growth prospects. This translates to a payout ratio of zero to 0.5. The company’s three-year dividend growth rate is -0.76%. What is Fund Sentiment? there is 2117 funds or institutions reporting positions at General Motors. That’s an increase of 38 owners or 1.83% over the last quarter.Portfolio average weight of all funds GM exclusive was 0.34%, a decrease of 6.54%. The total number of shares owned by the institution fell by 0.86% to 1,371,058,000 shares in the last three months. of put/call ratio GM at 0.95, indicating a bullish outlook. What are other shareholders doing? Capital Research Global Investors It holds 78,404,000 shares representing a 5.62% ownership interest in the company. In previous filings, the company reported he owned 78,065,000 shares. will increase 0.43%.office decreased Portfolio allocation at GM was up 3.15% last quarter.

Capital World Investors holds 54,474,000 shares representing 3.91% ownership of the company. In previous filings, the company reported that it owned 52,800,000 of his shares. will increase of 3.07%.office gain Portfolio allocation at GM was up 2.68% last quarter. Berkshire Hathaway holds 50,000,000 shares representing a 3.59% ownership interest in the company. No change from the previous quarter. VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks It owns 40,959,000 shares representing a 2.94% ownership interest in the company. In previous filings, the company reported he owned 41,294,000 shares. Decrease 0.82%.office decreased Portfolio allocation at GM was up 3.98% last quarter. Harris Associates LP It holds 39,376K shares representing a 2.82% ownership interest in the company. In previous filings, the company reported he owned 41,531,000 shares. Decrease of 5.47%.office decreased Portfolio allocation at GM was up 6.47% last quarter. General Motors Background Information(This description is provided by the company.)

General Motors is a global company committed to providing safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and joint ventures market vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands.
See all General Motors Submissions to regulatory authorities. This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

https://www.nasdaq.com/articles/mizuho-maintains-general-motors-gm-neutral-recommendation Mizuho maintains neutral recommendation against General Motors (GM)

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