GE Vernova (GEV) Expected to Announce Quarterly Earnings on Wednesday

GE Vernova (NYSE:GEV - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Wednesday, July 23rd. Analysts expect GE Vernova to post earnings of $1.63 per share and revenue of $8.78 billion for the quarter. GE Vernova has set its FY 2025 guidance at EPS.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.37 by $0.54. The firm had revenue of $8.03 billion during the quarter, compared to the consensus estimate of $7.56 billion. GE Vernova had a net margin of 5.42% and a return on equity of 10.10%. The company's quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.47) earnings per share. On average, analysts expect GE Vernova to post $7 EPS for the current fiscal year and $11 EPS for the next fiscal year.

GE Vernova Price Performance

GE Vernova stock traded up $9.84 during mid-day trading on Thursday, reaching $571.01. 1,771,040 shares of the company traded hands, compared to its average volume of 3,315,014. GE Vernova has a 52-week low of $150.01 and a 52-week high of $581.04. The firm has a market capitalization of $155.85 billion, a price-to-earnings ratio of 82.34, a P/E/G ratio of 4.17 and a beta of 1.86. The firm's 50 day moving average price is $486.23 and its 200 day moving average price is $394.06.

GE Vernova Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Monday, July 21st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.18%. The ex-dividend date is Monday, July 21st. GE Vernova's payout ratio is currently 14.41%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GE Vernova stock. Brighton Jones LLC boosted its position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) by 29.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,315 shares of the company's stock after buying an additional 753 shares during the period. Brighton Jones LLC's holdings in GE Vernova were worth $1,091,000 as of its most recent SEC filing.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Jefferies Financial Group downgraded shares of GE Vernova from a "buy" rating to a "hold" rating and raised their price objective for the company from $427.00 to $517.00 in a research report on Thursday, May 29th. Robert W. Baird increased their price target on GE Vernova from $387.00 to $405.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Morgan Stanley boosted their price objective on GE Vernova from $422.00 to $511.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 24th. Guggenheim reaffirmed a "buy" rating and set a $380.00 price target on shares of GE Vernova in a research note on Thursday, April 24th. Finally, Truist Financial set a $440.00 target price on GE Vernova in a research note on Thursday, March 27th. Seven research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $468.88.

GE Vernova Company Profile

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.