General Electric Company (GE)

NYSE: GE · IEX Real-Time Price · USD
-1.79 (-1.59%)
At close: Sep 29, 2023, 4:00 PM
-0.10 (-0.09%)
After-hours: Sep 29, 2023, 7:59 PM EDT
Market Cap 120.32B
Revenue (ttm) 72.05B
Net Income (ttm) 9.22B
Shares Out 1.09B
EPS (ttm) 8.41
PE Ratio 13.15
Forward PE 33.14
Dividend $0.32 (0.29%)
Ex-Dividend Date Sep 25, 2023
Volume 2,909,551
Open 112.63
Previous Close 112.34
Day's Range 109.91 - 112.75
52-Week Range 48.31 - 117.96
Beta 1.22
Analysts Strong Buy
Price Target 116.14 (+5.06%)
Earnings Date Oct 24, 2023

About GE

General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers. The company also provides various solutions for its customers through combining onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. In addition,... [Read more]

Sector Industrials
Founded 1892
Employees 172,000
Stock Exchange NYSE
Ticker Symbol GE
Full Company Profile

Financial Performance

In 2022, GE's revenue was $76.56 billion, an increase of 3.18% compared to the previous year's $74.20 billion. Losses were -$64.00 million, -99.05% less than in 2021.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for GE stock is "Strong Buy." The 12-month stock price forecast is $116.14, which is an increase of 5.06% from the latest price.

Price Target
(5.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts


GE must face shareholder lawsuit over accounting, disclosures; judge urges settlement

General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power business, and the judge on Thursday urged both ...

2 days ago - Reuters

General Electric stock should be worth $141: Deutsche Bank

General Electric Co has already gained about 70% year-to-date but a Deutsche Bank analyst is convinced the stock is not out of juice just yet. General Electric stock could climb another 25% Scott Deus...

3 days ago - Invezz

GE Appliances Positioned to Become the #1 Manufacturer of Dishwashers in the U.S.

LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances, a Haier company, welcomed state government officials and other community leaders to see two new dishwasher manufacturing lines that complete the $450 m...

4 days ago - Business Wire

Best Buy and GE look to expand healthcare presence

Companies such as CVS Health Corporation (CVS) and Walgreens (WBA) already have a presence in retail healthcare, but companies like Best Buy (BBY), General Electric (GE), and Walmart (WMT) are looking...

Other symbols: BBY
9 days ago - Yahoo Finance

GE to sell stake in aircraft leasing provider AerCap

AerCap Holdings NV said on Monday a unit of General Electric Co will sell 32.4 million shares in the aircraft leasing giant through an underwritten public offering.

Other symbols: AER
19 days ago - Reuters

Culp: Not Going to Go Big Game Hunting for GE

Larry Culp, GE Chairman & CEO explains why his vision for the future of GE doesn't include big-ticket acquisitions right now.

22 days ago - Bloomberg Markets and Finance

GE: From One to Three Companies

After the legendary leadership of Jack Welch, GE is recreating its identity under three businesses.

22 days ago - Bloomberg Markets and Finance

GE Board of Directors Authorizes Regular Quarterly Dividend

BOSTON--(BUSINESS WIRE)--The Board of Directors of GE (NYSE: GE) today declared a $0.08 per share dividend on the outstanding common stock of the Company. The dividend is payable October 25, 2023, to ...

23 days ago - Business Wire

Biden and Modi to make progress on GE jet engines, nuclear - White House

The White House expects to see meaningful progress on GE jet engines and civil nuclear technology in upcoming bilateral talks between U.S. President Joe Biden and India Prime Minister Narendra Modi, n...

23 days ago - Reuters

Fortune Media and Great Place To Work Name GE Appliances to 2023 Best Workplaces in Manufacturing & Production List

LOUISVILLE, Ky.--(BUSINESS WIRE)--Great Place To Work® and Fortune magazine have named GE Appliances, a Haier company, to the 2023 Fortune Best Workplaces in Manufacturing & Production™ List for the s...

24 days ago - Business Wire

GE Aerospace selected by Bell for V-280 Valor Future Long-Range Assault Aircraft

EVENDALE, Ohio--(BUSINESS WIRE)--GE Aerospace today announced the selection by Bell Textron Inc., a Textron company, for work on the development of a Common Open Architecture Digital Backbone (COADB),...

24 days ago - Business Wire

GE Blows Minds With Celebs and CEOs Event

GE's lean-manufacturing event in New York included chiefs of Ford, Uber, and Ingersoll Rand. Peyton Manning and Wolfgang Puck showed up, too.

24 days ago - Barrons

GE Doesn't need go "big game hunting," CEO Says

Larry Culp, GE CEO, talks about acquisition plans on "Wall Street Week." --------

25 days ago - Bloomberg Markets and Finance

GE CEO Sees Aerospace Rebound Pushing Sales Above $40 Billion

GE chairman and chief executive officer Larry Culp sees strong post-pandemic recovery in aerospace pushing annual revenue above $40 billion, which would mark a new record for its aviation business. --...

25 days ago - Bloomberg Markets and Finance

Why Analysts Say GE's Healthcare Spinoff Has $20 Upside

Of the 19 U.S. corporate spinoffs that have occurred in 2023, GE HealthCare Technologies Inc. NASDAQ: GEHC may be the most intriguing. With the market's attention on a wave of media spinoffs, the grow...

26 days ago - MarketBeat

Attention C-Suite: New GE Study Finds Divergent Views on Leadership Development

BOSTON--(BUSINESS WIRE)--As companies and employees alike adapt to a changing work environment beset by return-to-work debates, AI fears and other challenges, a new nationwide study by GE (NYSE:GE) an...

26 days ago - Business Wire

Russian-U.S. venture scraps plan to build GE-licensed turbines in Russia

A Russian-U.S. joint venture has abandoned plans to build gas turbines in Russia under licence from General Electric (GE) , Russian energy holding InterRAO, one of the joint venture partners, said on ...

4 weeks ago - Reuters

GE Shakes Up Management Ahead of Renewable Energy Spinoff

Ken Parks becomes CFO at GE Vernova, the company's power-generation business. Vic Abate will lead its wind arm.

5 weeks ago - Barrons

GE Vernova Announces Two Additions to Leadership Team

CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE (NYSE: GE) announced today that GE Vernova has appointed two new leaders to its leadership team. These appointments complete the executive leadership team for GE ...

5 weeks ago - Business Wire

Can These 2 Industrial Titans Extend Double-Digit YTD Growth?

Two industrial giants, General Electric NYSE: GE and Eaton Corporation NYSE: ETN, are showing everyone how it's done this year by consistently outperforming the overall market and their competing comp...

Other symbols: ETN
5 weeks ago - MarketBeat

GE Appliances Announces $34 Million Refrigeration Manufacturing Investment in Tennessee, Creating 150 New Jobs

LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances, a Haier company, announced a $34 million investment to expand refrigeration manufacturing and create 150 new jobs at its wholly owned subsidiary, Monog...

6 weeks ago - Business Wire

GE Vernova Acquires Greenbird to Accelerate GridOS® Innovation and Help Utilities Reduce the Complexity of Energy Data Integration

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #acquisition--GE Vernova's Digital business acquires Greenbird Integration Technology AS, a data integration platform company focused on utilities.

6 weeks ago - Business Wire

Stock screen spotlights 20 companies whose 2024 earnings estimates have risen most sharply

With another earnings season almost complete, it might be useful for investors to look further ahead. Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es...

6 weeks ago - Market Watch

Dividend Stocks Lag Behind 2023 Market Rally as AI Stocks Surge

That's important, because investors who rely on income may be disappointed in their 2023 return. According to S&P Dow Jones Indices, since 1926, dividends have contributed approximately 32% of the tot...

7 weeks ago - MarketBeat

INGU board welcomes Steve Bolze, former CEO of GE's power and water business and former senior managing director of Blackstone

Houston, Texas--(Newsfile Corp. - August 8, 2023) -  INGU is excited to announce that Steve Bolze , a long-time senior executive with General Electric and former senior managing director with Blacksto...

7 weeks ago - Newsfile Corp