General Electric Company (GE)
| Market Cap | 192.63B |
| Revenue (ttm) | 69.95B |
| Net Income (ttm) | 6.24B |
| Shares Out | 1.08B |
| EPS (ttm) | 5.68 |
| PE Ratio | 35.58 |
| Forward PE | 36.64 |
| Dividend | $1.12 (0.63%) |
| Ex-Dividend Date | Sep 26, 2024 |
| Volume | 2,563,921 |
| Open | 178.10 |
| Previous Close | 177.56 |
| Day's Range | 176.00 - 178.54 |
| 52-Week Range | 94.31 - 194.80 |
| Beta | 1.19 |
| Analysts | Strong Buy |
| Price Target | 196.05 (+10.15%) |
| Earnings Date | Oct 22, 2024 |
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 $196.05, which is an increase of 10.15% from the latest price.
News
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...
These Analysts Increase Their Forecasts On GE Vernova Following Q3 Results
GE Vernova Inc. GEV reported upbeat sales for the third quarter on Wednesday.
Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Boeing workers rejected a deal to end the strike for the second time, late Wednesday.
GE Aerospace Stock Comes Back From Earnings Plunge. Wall Street Isn't Worried.
After Tuesday's plunge, Wall Street analysts are backing shares of GE Aerospace.
Top 3 Industrials Stocks That Could Blast Off In October
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
GE Vernova posts higher Q3 revenue on power demand growth
Power equipment maker GE Vernova reported higher third-quarter revenue on Wednesday as strong demand for power and electrification equipment and services helped offset weakness in the wind business.
GE Aerospace's Q3 Results Solid, But Segments Tell Different Stories: Analyst
Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s GE third-quarter 2024 results.
GE Aerospace working to keep up with LEAP engine demand, says CEO
GE Aerospace CEO Larry Culp said the company is working to ramp up production to keep up with demand for LEAP engines, which power Airbus and Boeing narrowbody aircraft.
General Electric Company (GE) Q3 2024 Earnings Call Transcript
General Electric Company (NYSE:GE) Q3 2024 Earnings Conference Call October 22, 2024 7:30 AM ET Company Participants Blaire Shoor - Investor Relations Lawrence Culp - Chairman and CEO Rahul Ghai - Se...
GE Aerospace Q3: Strength In Order Book Continues
I reiterate a “Buy” rating for GE Aerospace with a fair value of $230 per share, driven by strong order growth and LEAP engine market share gains. GE Aerospace's commercial engine deliveries increased...
GE Aerospace's stock pulls back as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year high
GM Raises 2024 Guidance, 3M's EPS Surges, Verizon Misses, GE Aerospace Boosts Profit
GM surpasses Q3 expectations and raises 2024 earnings forecast, driven by strong North American sales and higher vehicle prices. Read the full analysis.
GE Aerospace Tops Q3 Estimates, Raises Profit Outlook
GE Aerospace (GE) reported third-quarter results above expectations Tuesday morning, as Chief Executive Officer (CEO) Larry Culp said the company saw strong demand for its airplane engines and other p...
GE Aerospace raises 2024 profit forecast on strong demand for aftermarket services
GE Aerospace raised its full-year profit forecast for the third time this year on Tuesday, driven by strong demand for aftermarket services from airlines that are relying on older planes to make up fo...
What To Expect From GE's Q3?
GE Aerospace (NYSE: GE) is scheduled to report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $9.1 billion and earnings of $1.10 per share, co...
GE Vernova Stock Can Rise 30%, Says a New Bull
Deutsche Bank analyst Nicole DeBlase launched coverage of GE Vernova stock with a Buy rating and a $354 price target.