
Group 1 Automotive, Inc. (NYSE:GPI – Free Report) – Analysts at Zacks Research cut their Q1 2027 earnings per share estimates for shares of Group 1 Automotive in a note issued to investors on Thursday, May 14th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $10.88 for the quarter, down from their prior estimate of $12.29. The consensus estimate for Group 1 Automotive’s current full-year earnings is $42.22 per share. Zacks Research also issued estimates for Group 1 Automotive’s Q2 2027 earnings at $7.53 EPS, Q3 2027 earnings at $16.66 EPS and Q1 2028 earnings at $5.97 EPS.
Group 1 Automotive (NYSE:GPI – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $8.66 EPS for the quarter, missing analysts’ consensus estimates of $8.82 by ($0.16). Group 1 Automotive had a return on equity of 16.63% and a net margin of 1.46%.The company had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.42 billion. During the same quarter in the previous year, the company earned $10.17 EPS. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year.
View Our Latest Stock Report on Group 1 Automotive
Group 1 Automotive Price Performance
NYSE:GPI opened at $316.55 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.95 and a quick ratio of 0.21. The company has a 50 day moving average price of $330.14 and a 200-day moving average price of $363.72. Group 1 Automotive has a 1-year low of $292.44 and a 1-year high of $488.39. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 12.09, a price-to-earnings-growth ratio of 0.72 and a beta of 0.87.
Hedge Funds Weigh In On Group 1 Automotive
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Brevan Howard Capital Management LP lifted its holdings in Group 1 Automotive by 177.2% in the 3rd quarter. Brevan Howard Capital Management LP now owns 9,986 shares of the company’s stock valued at $4,369,000 after purchasing an additional 6,384 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Group 1 Automotive by 22.2% during the third quarter. JPMorgan Chase & Co. now owns 184,732 shares of the company’s stock worth $80,822,000 after buying an additional 33,542 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Group 1 Automotive in the third quarter valued at about $2,538,000. Allspring Global Investments Holdings LLC raised its position in shares of Group 1 Automotive by 2,053.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 51,972 shares of the company’s stock valued at $20,403,000 after buying an additional 49,559 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Group 1 Automotive by 10.6% in the third quarter. Thrivent Financial for Lutherans now owns 131,085 shares of the company’s stock worth $57,350,000 after buying an additional 12,566 shares in the last quarter. Hedge funds and other institutional investors own 99.92% of the company’s stock.
Group 1 Automotive Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, June 1st. Group 1 Automotive’s payout ratio is 8.40%.
Group 1 Automotive Company Profile
Group 1 Automotive, Inc (NYSE: GPI) is an international automotive retailer headquartered in Houston, Texas. The company operates an extensive network of franchised dealerships, offering new and pre-owned vehicles from leading domestic and import manufacturers. In addition to vehicle sales, Group 1 Automotive provides a full complement of aftersales services, including finance and insurance products, parts distribution, collision repair centers and vehicle maintenance.
Founded in 1997, Group 1 Automotive has grown through both organic expansion and strategic acquisitions to establish a presence across the United States, the United Kingdom and Brazil.
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