General Motors Shares Outstanding and Financial Performance

General Motors has a significant number of shares outstanding, which can impact its financial performance. The company's shares outstanding have fluctuated over the years, with a peak of over 3 billion shares in 2007.

The number of shares outstanding affects the company's stock price and market capitalization. GM's market capitalization, which is the total value of its outstanding shares, has also changed over time.

As of 2022, General Motors has approximately 1.2 billion shares outstanding. This number has decreased from its peak due to various factors, including share buybacks and the sale of non-core assets.

Consider reading: What Does in General Mean?

General Motors has a total of 995 million shares outstanding as of the latest data available. This number represents a decrease of 17.53% from the previous year.

The company's common stock outstanding has been declining steadily since fiscal year 2015, with a notable drop of 17% in fiscal year 2023. Between 2021 and 2023, GM's outstanding common stocks declined at an average annual rate of 7%.

Broaden your view: Common Shares Par Value

As of fiscal year 2023, GM's common stock outstanding was estimated at 1.15 billion, a sharp drop from the 1.40 billion shares outstanding reported in the previous year. This significant decline is a result of the company's stock buyback efforts.

Here's a breakdown of the number of shares outstanding over the past few years:

GM's number of outstanding shares has decreased by -17.53% in one year, and by -6.98% in the last quarter. The company's shares have been under the control of institutional investors, who own approximately 95.96% of the outstanding shares.

For another approach, see: Shares Outstanding En Español

General Motors has a significant share buyback history, with a cumulative total of 614 million shares repurchased since fiscal year 2015.

The company's spending on share buybacks has ranged from $100 million to as much as $7.9 billion since 2015. GM spent $7.9 billion on buybacks in fiscal year 2023, marking the highest amount spent on share repurchases in the past nine years.

GM repurchased the highest number of shares in fiscal year 2023, amounting to 245 million. This is a notable increase from previous years, where the company repurchased the fewest shares from fiscal year 2018 to 2021.

The cumulative spending on common stock repurchase as of fiscal year 2023 has reached $21.1 billion. This significant investment in share buybacks suggests that GM's management believes in the company's future prospects and wants to boost investor confidence.

GM suspended its share buyback in 2021 but resumed the buyback in 2022. This decision may have been influenced by the company's financial situation, as it also halted its cash dividends in 2021.

Related reading: The Money Obtained by a Company from Selling Corporate Bonds

General Motors has a significant number of shares outstanding, with 995.00 million shares outstanding as of the latest data. This is a decrease of 17.53% in one year, indicating a notable drop in the company's share count.

The number of shares has also decreased by 6.98% in the last quarter, suggesting a consistent trend of reducing shares outstanding. Insiders own a relatively small portion of the company, with only 0.18% of shares held by insiders.

The majority of shares, 95.96%, are owned by institutions, indicating a high level of institutional ownership in the company. The float, which represents the number of shares available for trading, is 991.67 million.

Here's a breakdown of the company's valuation ratios:

Wall Street analysts have set an average 1-year price target for GM at $60.799 USD, with a low forecast of $35.35 USD and a high forecast of $92.4 USD.

Readers also liked: Forecast Period (finance)

GM's share statistics paint a picture of a company with a significant number of shares outstanding. As of the latest data, GM has 995.00 million shares outstanding.

The number of shares has seen a decline in the past year, with a decrease of -17.53%. This is a notable drop, and it's worth noting that the company's shares outstanding have been on a downward trend since fiscal year 2015.

Here's a breakdown of GM's share statistics:

The majority of GM's shares are owned by institutions, with a significant 95.96% stake. This is a notable concentration of ownership, and it's worth considering the implications for the company's direction and decision-making process.

The stock price statistics are a crucial aspect of evaluating a company's performance.

The stock price has increased by +24.51% in the last 52 weeks, which is a significant rise.

GM's price volatility has been higher than the market average, with a beta of 1.41 over the last 5 years.

The 50-day moving average is 52.14, indicating a relatively stable price trend.

In contrast, the 200-day moving average is 48.68, suggesting a downward trend over the longer term.

The Relative Strength Index (RSI) is 36.36, which indicates that the stock is currently undervalued.

Here's a summary of GM's stock price statistics:

In the last 12 months, General Motors reported revenue of $187.44 billion, a significant figure that gives us an idea of the company's scale.

The company earned $7.19 billion in profits, which is a substantial amount of money. This profit margin is likely a key factor in the company's overall financial health.

GM's earnings per share (EPS) was $6.37, which indicates how much profit each share of the company's stock generated. This is a crucial metric for investors to consider when evaluating the company's performance.

Here's a breakdown of GM's key financial metrics:

General Motors had a remarkable revenue of $187.44 billion in the last 12 months.

Their revenue was substantial, but what's even more impressive is that they earned $7.19 billion in profits.

GM's gross profit was a significant $23.15 billion, which is a key indicator of their operational efficiency.

The company's operating income was $12.72 billion, a clear sign of their ability to manage costs and stay profitable.

Pretax income was $12.22 billion, which is a crucial metric for understanding their financial health.

Here's a breakdown of GM's key financial metrics:

GM's earnings per share was a respectable $6.37, indicating a strong return on investment for their shareholders.

Understanding a company's balance sheet is crucial for making informed investment decisions. A balance sheet is a snapshot of a company's financial position at a particular point in time, and it can be broken down into various components.

The current assets of a company are the assets that can be easily converted into cash within a year or less. According to General Motors Co's balance sheet, their current assets total $115.4 billion. This includes cash and short-term investments of $32.2 billion, receivables of $58.2 billion, and other current assets of $25 billion.

Discover more: Balance Sheet Income Statement Cash Flow

Cash and short-term investments are liquid assets that can be easily converted into cash. General Motors Co has $32.2 billion in cash and short-term investments, which is a significant portion of their current assets.

Receivables are amounts owed to a company by its customers. General Motors Co has $58.2 billion in receivables, which is a substantial amount of money that they can expect to collect within a year or less.

Other current assets include inventory, prepaid expenses, and other assets that can be easily converted into cash. General Motors Co has $25 billion in other current assets, which is a significant portion of their current assets.

Here's a breakdown of General Motors Co's current assets:

Current liabilities are the debts that a company must pay within a year or less. According to General Motors Co's balance sheet, their current liabilities total $95.5 billion. This includes accounts payable of $29.6 billion, accrued liabilities of $29.7 billion, and other current liabilities of $36.2 billion.

Accounts payable are amounts owed by a company to its suppliers. General Motors Co has $29.6 billion in accounts payable, which is a significant amount of money that they must pay within a year or less.

Check this out: In General a Corporate Bond's Coupon Rate

Accrued liabilities are amounts that a company has incurred but has not yet paid. General Motors Co has $29.7 billion in accrued liabilities, which is a substantial amount of money that they must pay within a year or less.

Other current liabilities include taxes owed, interest owed, and other debts that a company must pay within a year or less. General Motors Co has $36.2 billion in other current liabilities, which is a significant portion of their current liabilities.

Additional reading: General Insurance Claim