General Electric Company (GE)
| Market Cap | 195.59B |
| Revenue (ttm) | 69.41B |
| Net Income (ttm) | 4.65B |
| Shares Out | 1.08B |
| EPS (ttm) | 4.24 |
| PE Ratio | 42.61 |
| Forward PE | 40.00 |
| Dividend | $1.12 (0.62%) |
| Ex-Dividend Date | Jul 11, 2024 |
| Volume | 4,329,278 |
| Open | 178.72 |
| Previous Close | 178.28 |
| Day's Range | 176.26 - 181.01 |
| 52-Week Range | 84.22 - 181.01 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 188.89 (+4.72%) |
| 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 $188.89, which is an increase of 4.72% from the latest price.
News
The Big 3: Z, CVNA, GE
Zillow (Z), Carvana (CVNA), and GE Aerospace (GE) all recently hit 52-week highs with uptrends behind their stock prices. Charles Moon joins Ben Lichtenstein and Nicole Petallides to break down the te...
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 Oct...
GE Aerospace CEO Larry Culp on supply chain challenges
GE Aerospace CEO Larry Culp joins 'The Exchange' to discuss supply chain challenges, delays with the 777X, the CFM partnership with Safran, and more.
Big Bets: The 5 New Dividend Stocks I Bet The House On This Year
This year, I made bold investment moves by pouring almost all my funds into five promising dividend stocks. It was a high-risk, high-reward strategy. I chose these stocks based on their strong financi...
My New Investment - Why I'm Betting Big On GE Aerospace
I added GE Aerospace to my portfolio due to its ultra-wide moat, market penetration, and strategic position in commercial and defense engines. GE Aerospace's leadership, backed by secular growth trend...
Undercovered Dozen: EPR Properties, Gilead, Portland General Electric, CNH Industrial +
The 'Undercovered' Dozen series highlights 12 lesser-known stocks, offering fresh investment ideas and encouraging community discussion on their potential. Gen Alpha argues that EPR Properties, a dive...
Calls of the Day: Berkshire Hathaway B, GE Aerospace, Dupont De Nemours, and Target
The Investment Committee discuss the latest Calls Of The Day.
Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune
Investors with stock market exposure are thriving, widening the wealth gap as market valuations soar. Meanwhile, many struggle with inflation and rates. Despite high valuations and elevated sentiment,...
Airplane engines are in short supply. The business of fixing older ones is booming
Engine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.
GE Aerospace vs. Rolls-Royce: Why analysts favor GE as the leading industrial stock
In a notable shift, GE Aerospace (NYSE: GE) is emerging as the premier industrial stock to own, surpassing Rolls-Royce Holdings PLC (LON: RR) for long-term investment potential.
GE Vernova buys remaining stake in Saudi JV from Dussur
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur.
Portland General Electric: An Attractive Equity Bond As Fed Rates Fall
Portland General Electric offers a 4.2% dividend and has a 6.5% earnings yield, making it quite attractive compared to the 10-year Treasury bond. Trading below its historical P/E average, it presents ...
Buy GE Vernova Stock Because of a Fossil Fuel, Says Analyst
William Blair analyst Jed Dorsheimer launched coverage of GE Vernova stock with a Buy rating. Now 74% of analysts covering the electricity-production technology firm are bullish.
Active Network Management Market Worth $4.51 Billion, Globally, by 2031 - Exclusive Report by The Insight Partners
The active network management market size was valued at US$ 1.29 billion in 2023 and is expected to reach US$ 4.51 billion by 2031; it is estimated to record a CAGR of 16.9% from 2023 to 2031. The act...
Is GE Stock Headed Toward $250 Levels?
GE Aerospace (NYSE: GE) has seen its stock rise by around 65% this year, outperforming the broader indices, with the S&P 500 up 18%. The stock now trades at 40x projected 2024 earnings of $4.13 per sh...
GE Vernova: Positive Macro Catalysts Are Likely To Boost The Stock
GE Vernova is highly leveraged to global catalysts such as increasing electricity and natural gas usage. The firm's impressive second-quarter results show that it is already benefiting from these tren...
3 Wide-Moat Dividend Gems That Are Election Proof
Political bias has no place in investing; history shows market performance is influenced more by economic factors than election outcomes. Instead of reacting to political changes, focus on strong divi...
Poland closer to buying Apache helicopters after offset deals with GE and Boeing
Poland's defence ministry signed offset deals with Boeing and General Electric worth nearly 1 billion zlotys ($255 million) on Monday, bringing it closer to finalising a $12 billion agreement to buy 9...
Boeing Investors Should Pump the Brakes on New CEO Ortberg. Look at GE's Larry Culp for Why.
GE Aerospace CEO Larry Culp turned around the iconic American manufacturer. But it wasn't always smooth sailing.
GE Aerospace To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Does GE Aerospace Stock Have More Upside Potential After A 70% Rise This Year?
GE Aerospace (NYSE: GE) recently reported its Q2 results, with revenues missing but earnings well above the street estimates. The company reported adjusted revenue of $8.2 billion and adjusted earning...
GE Vernova says manufacturing issue led to Vineyard turbine blade failure
Power services firm GE Vernova said on Wednesday a manufacturing issue led to a turbine blade failure at its Vineyard Wind offshore project off the coast of Massachusetts earlier this month.
GE Vernova beats on profit with first standalone results, despite wind weakness
Revenue rises, but less than expected as growth at Power and Electrification offset Wind's decline
GE Aerospace Flies High On Hopeful Guidance
GE Aerospace shares spiked 5.7% after reporting Q2 results, with revenue slightly below expectations but adjusted earnings per share higher than anticipated. Orders for Commercial Engines & Services s...
EVA Orders GEnx Engines to Power Boeing 787 Fleet Expansion
FARNBOROUGH, England , July 24, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced that following EVA Air's recent deal to purchase four Boeing 787-10 Dreamliner aircraft, the airline has placed a...