General Electric Company (GE)
| Market Cap | 182.23B |
| Revenue (ttm) | 69.95B |
| Net Income (ttm) | 6.24B |
| Shares Out | 1.08B |
| EPS (ttm) | 5.68 |
| PE Ratio | 33.66 |
| Forward PE | 34.60 |
| Dividend | $1.12 (0.67%) |
| Ex-Dividend Date | Sep 26, 2024 |
| Volume | 9,060,545 |
| Open | 163.97 |
| Previous Close | 164.80 |
| Day's Range | 163.16 - 169.08 |
| 52-Week Range | 98.68 - 194.80 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 196.84 (+16.91%) |
| Earnings Date | Jan 21, 2025 |
About GE
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio. [Read more]
Financial Performance
In 2023, General Electric Company's revenue was $67.95 billion, an increase of 16.96% compared to the previous year's $58.10 billion. Earnings were $9.19 billion, an increase of 16911.11%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for GE stock is "Strong Buy." The 12-month stock price forecast is $196.84, which is an increase of 16.91% from the latest price.
News
Buckle Up Buttercup: My Warning To Dividend Investors
The Fed's recent rate cut and upward revision of future rate expectations confirm my concerns about persistent above-average inflation and geopolitical risks. Market volatility has increased, signalin...
After GE's Spinoff Success, What's Next for Honeywell, FedEx
For every GE Vernova, up 154%, there is a Kenvue, which has dropped more than 20%, or a Solventum, which has fallen 17%.
GE Appliances' "Elf-gineers" Adapt and Donate More Than 100 Toys for Kids With Disabilities
LOUISVILLE, Ky.--(BUSINESS WIRE)--This holiday season, a team of passionate and innovative employees from GE Appliances, a Haier company, known as the "GE Appliances Elf-gineers," dedicated their time...
GE Aerospace: Surging Free Cash Flow Makes This A Top Stock, And I Am Buying
GE Aerospace stock has declined nearly 9% due to concerns over potential government spending cuts, but the company has low defense exposure. EBITDA estimates show minor downward revisions, with annual...
GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend
EVENDALE, Ohio--(BUSINESS WIRE)--The Board of Directors of GE Aerospace (NYSE: GE) today declared a $0.28 per share dividend on the outstanding common stock of the Company. The dividend is payable Jan...
General Electric, Spin-Offs, And Dividends
Since the spin-off on March 27, GEV is the second best performing stock in the S&P 500 with a 161.9% gain. On a relative strength basis, spin-offs were actually outperforming the broader market throug...
GE Vernova: Valued Like The Magnificent 7, Delivering Like An Industrial
GE Vernova's valuation is excessively high, trading at ~3x revenue, despite modest revenue growth and low profit margins, making it overvalued compared to peers. The wind turbine segment struggles wit...
Dividend Dynasty: My Blueprint For Market-Beating Returns
Dividend growth investing offers above-average returns with below-average risks, relying on long-term strategies that avoid chasing high yields or overvaluing Dividend Aristocrats. By focusing on over...
GE Vernova Will Talk Growth Tuesday. Could a Dividend Be Next?
GE Vernova hosts an analyst event Tuesday evening. One holiday gift to investors could be a dividend.
GE Stock Sold Off on Safran's Outlook. The Shares Are a Buy, Says Bernstein.
Over the weekend and after GE Aerospace stock dipped following an update from key partner, Bernstein analyst Douglas Harned reiterated his Buy-rating and $225 price target for shares.
General Electric Digital Transformation Strategy 2024 - Accelerators, Incubators and Other Innovation Programs
Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: General Electric - 2024" company profile has been added to ResearchAndMarkets.com's offering.
GE reaches $362.5 million shareholder settlement over power unit
General Electric , doing business as GE Aerospace, will pay $362.5 million in cash to resolve a long-running shareholder lawsuit accusing it of hiding risks at its power business, court papers show.
Ultra High Conviction - If I Could Own Just 5 Dividend Stocks
Investing with conviction is key, especially when narrowing down to just five dividend stocks that can anchor a portfolio for long-term success. My selections focus on resilience, income growth, and s...
GE Aerospace: The Top Aerospace Engine Stock To Buy
GE Aerospace's Q3 earnings showed positive metrics, with order inflow up 28% and adjusted EPS at $1.15, despite revenue falling short of expectations. The company faces supply chain challenges and pre...
Largest U.S. Pension Sold GE Aerospace and Tesla Stock, Bought AT&T and Costco
Calpers sold GE Aerospace and Tesla stock, and bought more shares of AT&T and Costco in the third quarter.
GE Vernova Stock Is an AI Winner. The Case to Buy.
Wells Fargo analyst Michael Blum launched coverage with a Buy rating and a $385 price target—the second highest on FactSet.
Rolls-Royce and GE Aviation stocks reversed: is the rally over?
GE Aviation (GE) and Rolls-Royce (RR) stocks have done well in the past few years, helped by a favorable business environment and turnaround strategies by their management. GE shares have jumped by 48...
Defense Stocks Under Fire: Why I'm Buying The Dip
My portfolio initially surged post-election but has since faced pressure due to market uncertainty surrounding Trump's controversial appointments and their economic impact. Key affected sectors includ...
GE Aerospace and NASA partnering on flight tests to accelerate industry's understanding of contrails
Advances LiDAR technology for improved contrail analysis Provides insights for development of new aircraft engines Industry actively collaborating to understand contrail science with aim to reduce emi...
Portland General Electric: Capitalizing On Oregon's Tech Boom
Portland General Electric is well-positioned to benefit from Oregon's growing tech industry, as well as the state's mandate for 100% renewable electricity by 2030. Trading at a significant discount to...
10 S&P 500 Stocks Were Worst Performers In First Year Of Trump's Presidency: Will They Sink Again?
Former President Donald Trump's four years in the White House offer insights into which stocks and sectors might benefit or suffer if he secures a second term in the 2024 election.
Does GE Stock Have An Upside?
GE Aerospace (NYSE: GE) recently reported its Q3 results, with revenues and earnings comfortably ahead of our estimates. The company reported revenue of $9.8 billion and adjusted earnings of $1.15 per...
3 Of My Favourite Dividend Stocks That Just Keep Winning
This earnings season has been a great reminder of the power of dividend growth investing. Strong earnings have only strengthened my confidence in my favorite stocks. I'm highlighting three stocks that...
GE Aerospace: I Am Buying The Q3 Drop, Here's Why
GE Aerospace's 9% stock drop post-3Q24 earnings is unjustified, given surging order volumes and robust demand in the aviation industry. The company beat profit estimates but missed sales targets; howe...