Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $394.00 | Equal-Weight | Stephens |
4/17/2024 | $305.00 | Neutral → Buy | Guggenheim |
2/29/2024 | $200.00 → $255.00 | Underweight → Equal-Weight | Morgan Stanley |
10/6/2022 | $210.00 | Neutral → Overweight | JP Morgan |
4/7/2022 | $240.00 → $200.00 | Overweight → Neutral | JP Morgan |
3/8/2022 | $200.00 → $187.00 | Equal-Weight | Morgan Stanley |
11/17/2021 | $206.00 → $200.00 | Equal-Weight | Morgan Stanley |
8/5/2021 | $203.00 → $206.00 | Equal-Weight | Morgan Stanley |
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.47 per share. The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. The dividend is payable on September 16, 2024 to stockholders of record as of September 2, 2024. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 260 automotive dealerships, 337 franchises, and 45 collision centers in the United States and t
HOUSTON, Aug. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced that the Company has closed on the acquisition of Inchcape Retail ("IR") automotive operations with 54 dealership locations across the U.K. These dealerships are expected to generate $2.7 billion in annual revenues bringing 2024 year-to-date total acquired revenues for Group 1 to $3.8 billion. "This transformative acquisition effectively doubles our U.K. footprint, giving us access to new markets throughout England with a collection of outstanding brands," said Group 1's President and C
HOUSTON, July 25, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer, today announced the pricing of its private placement of $500.0 million in aggregate principal amount of its 6.375% senior unsecured notes due 2030 (the "Notes"). The offering is expected to close on July 30, 2024, subject to customary closing conditions. The Company expects to use the net proceeds of the offering to repay borrowings under its revolving credit facility and for general corporate purposes. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws,
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s
4/A - GROUP 1 AUTOMOTIVE INC (0001031203) (Issuer)
4 - GROUP 1 AUTOMOTIVE INC (0001031203) (Issuer)
4 - GROUP 1 AUTOMOTIVE INC (0001031203) (Issuer)
Stephens initiated coverage of Group 1 Auto with a rating of Equal-Weight and set a new price target of $394.00
Guggenheim upgraded Group 1 Auto from Neutral to Buy and set a new price target of $305.00
Morgan Stanley upgraded Group 1 Auto from Underweight to Equal-Weight and set a new price target of $255.00 from $200.00 previously
SC 13G/A - GROUP 1 AUTOMOTIVE INC (0001031203) (Subject)
SC 13G/A - GROUP 1 AUTOMOTIVE INC (0001031203) (Subject)
SC 13G/A - GROUP 1 AUTOMOTIVE INC (0001031203) (Subject)
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.47 per share. The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. The dividend is payable on September 16, 2024 to stockholders of record as of September 2, 2024. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 260 automotive dealerships, 337 franchises, and 45 collision centers in the United States and t
Current quarter diluted earnings per common share from continuing operations of $10.15 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.80Total revenues of $4.7 billion, a second quarter record and 3.0% increase over the comparable prior year period, driven by consolidated new vehicle revenues of $2.4 billion, a quarterly highU.S. new vehicle, parts and service, and finance and insurance revenues achieve quarterly all-time records of $2.0 billion, $497.4 million, and $183.9 million, respectivelyHOUSTON, July 24, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive re
HOUSTON, July 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 206 dealerships located in the U.S. and U.K., today announced that it will release financial results for the second quarter ended June 30, 2024 on Wednesday, July 24, 2024, before the market opens. Daryl Kenningham, Group 1's President and Chief Executive Officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 10:00 a.m. ET. The conference call will be simulcast live on the Internet at http://www.group1corp.com/events. A webcast replay will be available for 30 days. A copy of the
HOUSTON, Jan. 11, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international Fortune 300 automotive retailer with 199 dealerships located in the U.S. and U.K., announced the appointment of Shelley Washburn as Vice President, Marketing and Chief Marketing Officer. Washburn brings to Group 1 more than 30 years of automotive marketing and retail experience. Most recently, she was President of Gulf States Marketing (GSM) and a strategic advisor to Force Marketing, both automotive digital marketing firms. Earlier in her career, Shelley held a diverse range of positions at Ford Motor Company, Gulf State Toyota, and MSX International and a Lincoln deale
HOUSTON, May 17, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and U.K., today announced that Charles Szews has been elected to serve as non-executive chairman of its Board of Directors. Mr. Szews has served as a director of the Company since 2016, and currently serves on the Board of Directors, the Audit Committee, and chairs the Finance/Risk Management Committee. In addition, Mr. Szews serves on the Nominating and Corporate Governance Committee and chairs the Audit Committee for Commercial Metals Company. He succeeds Stephen D. Quinn, whose term spanned six
HOUSTON, March 1, 2023 /PRNewswire/ -- 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., announced today that Jamie Albertine has joined the Company as its Vice President of Corporate Development. In his role, Jamie will be responsible for mergers and acquisitions, real estate, and construction activities. Albertine joins Group 1 with over 20 years' experience in the automotive and financial services industries. Most recently, he served as Vice President, Strategic Initiatives and Corporate Development at MileOne Auto Group. At MileOne, he was responsible for driving growth and
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)