Zacks Research Issues Optimistic Outlook for GPI Earnings

Group 1 Automotive, Inc. (NYSE:GPI) – Research analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for Group 1 Automotive in a report issued on Thursday, May 8th. Zacks Research analyst L. Shahu now forecasts that the company will post earnings of $9.98 per share for the quarter, up from their prior estimate of $9.49. The consensus estimate for Group 1 Automotive’s current full-year earnings is $41.00 per share.

Several other equities analysts have also weighed in on the company. Citigroup lifted their price target on Group 1 Automotive from $463.00 to $495.00 and gave the company a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. cut their price objective on Group 1 Automotive from $495.00 to $435.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Stephens reiterated an “equal weight” rating and set a $460.00 target price on shares of Group 1 Automotive in a research report on Thursday, January 30th. Finally, Guggenheim cut their price target on shares of Group 1 Automotive from $502.00 to $426.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $454.43.

Group 1 Automotive Stock Up 1.3%

GPI opened at $449.42 on Monday. The company has a fifty day moving average of $403.96 and a two-hundred day moving average of $421.86. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 12.23 and a beta of 0.94. Group 1 Automotive has a fifty-two week low of $279.86 and a fifty-two week high of $490.09. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.24 and a current ratio of 1.03.

Group 1 Automotive (NYSE:GPI) last posted its earnings results on Thursday, April 24th. The company reported $10.17 earnings per share for the quarter, beating the consensus estimate of $9.68 by $0.49. Group 1 Automotive had a net margin of 2.47% and a return on equity of 18.09%. The firm had revenue of $5.51 billion during the quarter, compared to analyst estimates of $5.37 billion. During the same period in the previous year, the firm earned $9.49 EPS. The business’s quarterly revenue was up 23.1% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brooklyn Investment Group lifted its position in Group 1 Automotive by 95,100.0% during the first quarter. Brooklyn Investment Group now owns 952 shares of the company’s stock worth $364,000 after buying an additional 951 shares in the last quarter. Elequin Capital LP purchased a new position in shares of Group 1 Automotive during the 1st quarter worth $29,000. Algert Global LLC boosted its position in shares of Group 1 Automotive by 3.2% during the 1st quarter. Algert Global LLC now owns 13,342 shares of the company’s stock valued at $5,096,000 after acquiring an additional 410 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Group 1 Automotive by 5.6% in the first quarter. Raymond James Financial Inc. now owns 54,128 shares of the company’s stock valued at $20,674,000 after purchasing an additional 2,861 shares during the period. Finally, American Century Companies Inc. increased its position in Group 1 Automotive by 48.4% during the first quarter. American Century Companies Inc. now owns 1,876 shares of the company’s stock worth $717,000 after purchasing an additional 612 shares during the last quarter. 99.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Group 1 Automotive

In other Group 1 Automotive news, VP Michael David Jones sold 1,613 shares of the stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $405.57, for a total value of $654,184.41. Following the completion of the sale, the vice president now owns 8,260 shares in the company, valued at approximately $3,350,008.20. This represents a 16.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.10% of the stock is owned by corporate insiders.

Group 1 Automotive Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.45%. Group 1 Automotive’s dividend payout ratio is currently 5.61%.

About Group 1 Automotive

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.