What is Seaport Res Ptn’s Forecast for GPI Q1 Earnings?

Group 1 Automotive, Inc. (NYSE:GPIFree Report) – Research analysts at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for Group 1 Automotive in a note issued to investors on Sunday, March 9th. Seaport Res Ptn analyst G. Chin forecasts that the company will post earnings of $9.24 per share for the quarter. The consensus estimate for Group 1 Automotive’s current full-year earnings is $41.00 per share. Seaport Res Ptn also issued estimates for Group 1 Automotive’s Q2 2025 earnings at $9.71 EPS, Q4 2025 earnings at $11.20 EPS and FY2026 earnings at $44.03 EPS.

Group 1 Automotive (NYSE:GPIGet Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $10.02 earnings per share for the quarter, beating the consensus estimate of $8.77 by $1.25. Group 1 Automotive had a return on equity of 18.09% and a net margin of 2.47%.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group initiated coverage on Group 1 Automotive in a research report on Friday, December 13th. They set a “buy” rating and a $500.00 target price for the company. Stephens reissued an “equal weight” rating and issued a $460.00 target price on shares of Group 1 Automotive in a research note on Thursday, January 30th. JPMorgan Chase & Co. boosted their price target on Group 1 Automotive from $420.00 to $495.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Guggenheim boosted their price target on Group 1 Automotive from $420.00 to $442.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $460.33.

Read Our Latest Research Report on GPI

Group 1 Automotive Price Performance

Group 1 Automotive stock opened at $433.28 on Tuesday. Group 1 Automotive has a 52 week low of $261.20 and a 52 week high of $490.09. The business has a 50-day simple moving average of $449.79 and a 200 day simple moving average of $410.15. The company has a quick ratio of 0.24, a current ratio of 1.03 and a debt-to-equity ratio of 0.92. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 11.79 and a beta of 1.33.

Hedge Funds Weigh In On Group 1 Automotive

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GPI. Assetmark Inc. lifted its position in Group 1 Automotive by 51.9% in the 3rd quarter. Assetmark Inc. now owns 82 shares of the company’s stock valued at $31,000 after acquiring an additional 28 shares in the last quarter. Atria Investments Inc lifted its position in Group 1 Automotive by 2.6% in the 3rd quarter. Atria Investments Inc now owns 2,225 shares of the company’s stock valued at $852,000 after acquiring an additional 57 shares in the last quarter. Aigen Investment Management LP lifted its position in Group 1 Automotive by 20.7% in the 3rd quarter. Aigen Investment Management LP now owns 1,650 shares of the company’s stock valued at $632,000 after acquiring an additional 283 shares in the last quarter. Victory Capital Management Inc. lifted its position in Group 1 Automotive by 8.0% in the 3rd quarter. Victory Capital Management Inc. now owns 35,298 shares of the company’s stock valued at $13,521,000 after acquiring an additional 2,616 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in Group 1 Automotive by 32.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,225 shares of the company’s stock valued at $1,235,000 after acquiring an additional 792 shares in the last quarter. 99.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Lincoln Pereira sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $426.68, for a total value of $2,560,080.00. Following the transaction, the director now directly owns 98,467 shares of the company’s stock, valued at approximately $42,013,899.56. This represents a 5.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by company insiders.

Group 1 Automotive Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $2.00 annualized dividend and a dividend yield of 0.46%. This is an increase from Group 1 Automotive’s previous quarterly dividend of $0.47. Group 1 Automotive’s dividend payout ratio is presently 5.44%.

Group 1 Automotive declared that its board has authorized a stock repurchase plan on Tuesday, November 12th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 9.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

About Group 1 Automotive

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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.

Further Reading

Earnings History and Estimates for Group 1 Automotive (NYSE:GPI)

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