Group 1 Automotive, Inc. (GPI)
| Market Cap | 4.08B |
| Revenue (ttm) | 18.21B |
| Net Income (ttm) | 591.00M |
| Shares Out | 13.53M |
| EPS (ttm) | 42.43 |
| PE Ratio | 7.11 |
| Forward PE | 7.79 |
| Dividend | $1.88 (0.62%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 69,732 |
| Open | 299.94 |
| Previous Close | 299.55 |
| Day's Range | 299.31 - 303.40 |
| 52-Week Range | 215.38 - 310.08 |
| Beta | 1.39 |
| Analysts | Strong Buy |
| Price Target | 308.00 (+2.09%) |
| Earnings Date | Apr 24, 2024 |
About GPI
Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. Group 1 Automotive, Inc. was incorporated in 1995 and is headquartered in Houston, Texas. [Read more]
Financial Performance
In 2023, GPI's revenue was $17.87 billion, an increase of 10.18% compared to the previous year's $16.22 billion. Earnings were $601.60 million, a decrease of -19.95%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for GPI stock is "Strong Buy." The 12-month stock price forecast is $308.0, which is an increase of 2.09% from the latest price.
News
Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend
HOUSTON , May 9, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today anno...
Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion
HOUSTON , April 30, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today a...
Hybrid vehicles are the hottest thing in the market right now, says Group 1 Automotive CEO
Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the state of the auto market, price trends for new and used cars, consumer demand for EV and hybrid vehicles, and ...
Group 1 Automotive Reports First Quarter 2024 Financial Results
Current quarter diluted earnings per common share from continuing operations of $10.76 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of...
Group 1 Automotive Agrees to Acquire Inchcape U.K. Dealerships
54 Dealership Locations in the United Kingdom HOUSTON , April 15, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 de...
Group 1 Automotive Schedules Release of First Quarter 2024 Financial Results
HOUSTON , April 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today a...
Group 1 Automotive Acquires Modern Classic Motors in Hilton Head, South Carolina
Expected to Generate $140 Million in Annual Revenues 2024 Year-To-Date Acquired Annual Revenues of $1.0 Billion HOUSTON , March 11, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1...
Group 1 Automotive Acquires Two High Volume Lexus Dealerships in Southern California
Expected Annual Revenues of $350 Million The Company Also Provides a Share Repurchase Update HOUSTON , Feb. 26, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), ...
Kerrigan Advisors Represents RRR Automotive Group in Sale to Group 1 Automotive
COLLEGE PARK, Md.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automo...
Group 1 Automotive Acquires RRR Automotive Group
- Expected Annual Revenues of $500 Million - Increases 2024 Annual Dividend Rate by 4% HOUSTON , Feb. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the ...
Group 1 Automotive cutting 10% of U.K. jobs on losses in its used-car sales
Group 1 Automotive Inc. said Wednesday it will reduce its U.K. workforce by 10% or roughly 358 people as the latest company to cut jobs to reduce costs in the face of an uncertain economy.
Group 1 Automotive Schedules Release of Fourth Quarter and Full Year 2023 Financial Results
HOUSTON , Jan. 16, 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. an...
Group 1 Automotive Appoints New Chief Marketing Officer
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. an...
Group 1 Automotive CEO Daryl Kenningham expects to see continued pressure on used car pricing
Group 1 Automotive CEO Daryl Kenningham joins 'Power Lunch' to discuss the state of the auto industry and more.
Group 1 Automotive Board Declares Quarterly Dividend and the Company Provides Share Repurchase Update
HOUSTON , Nov. 15, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 201 dealerships located in the U.S. an...
Group 1 Automotive CEO Daryl Kenningham on earnings results, impact of UAW strike and EV demand
Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the company's earnings results, with both earnings and sales topping expectations, impact of UAW strike, EV demand...
Group 1 Automotive Announces Record Quarterly Financial Results
Record quarterly revenues of $4.7 billion, a 13.0% increase over the comparable prior year period. Parts and Service revenues reach all-time high for 10th consecutive quarter, a 10.0% increase over th...
Group 1 Automotive Schedules Release of Third Quarter 2023 Financial Results
HOUSTON , Oct. 9, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. an...
Used car prices fall 7.7% in August year-over-year as market normalizes
CNBC's Phil LeBeau reports on news from the used car market and the looming auto strike.
The Presidio Group Advises Group 1 Automotive on the Sale of Nissan of Mobile
MOBILE, Ala.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail ...
Group 1 Automotive Board Approves Increase to Share Repurchase Authorization & Declares Quarterly Dividend
HOUSTON , Aug. 2, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. an...
Group 1 Automotive Achieves Record Quarterly Total Revenues and Gross Profit
Current quarter diluted earnings per common share from continuing operations of $12.02 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of...
Group 1 Automotive Schedules Release of Second Quarter 2023 Financial Results
HOUSTON , July 11, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. an...
Group 1 Automotive CEO: Seeing some EV supply constraints with manufacturers
Daryl Kenningham, Group 1 Automotive CEO, joins 'Squawk on the Street' to discuss the balance in demand and supply for electric vehicles, the current market for used cars, and the scarcity of service ...
MediPrint® Ophthalmics Announces Promising Results from Its SIGHT-2 Phase 2b Group 1 Clinical Study
SAN DIEGO--(BUSINESS WIRE)--MediPrint® Ophthalmics Announces Promising Results from Its SIGHT-2 Phase 2b Group 1 Clinical Study.