General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power, which includes products and services related to energy production and water reuse; Renewable Energy, which offers renewable power sources; Oil & Gas, including liquefied natural gas and pipelines; Aviation, which includes commercial and military aircraft engines, and integrated digital components, among others; Healthcare, which provides healthcare technologies in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery, among others; Transportation, which is a supplier to the railroad, mining, marine, stationary power and drilling industries; Energy Connections & Lighting, which includes Energy Connections and Lighting businesses, and Capital, which is a financial services division.
Industry, Sector and Symbol:
- Sector: Multi-Sector Conglomerates
- Industry: Diversified Machinery
- Sub-Industry: Industrial Conglomerates
- Symbol: NYSE:GE
- CUSIP: 36960410
- Web: www.ge.com
- Market Cap: $241.67 billion
- Outstanding Shares: 8,683,962,000
- 50 Day Moving Avg: $29.08
- 200 Day Moving Avg: $30.19
- 52 Week Range: $27.10 - $33.00
Sales & Book Value:
- Trailing P/E Ratio: 28.34
- Foreward P/E Ratio: 14.72
- P/E Growth: 1.37
- Annual Revenue: $119.93 billion
- Price / Sales: 2.02
- Book Value: $8.58 per share
- Price / Book: 3.24
- Annual Dividend: $0.96
- Dividend Yield: 3.4%
- EBIDTA: $17.64 billion
- Net Margins: 6.86%
- Return on Equity: 15.99%
- Return on Assets: 3.37%
- Debt-to-Equity Ratio: 1.76%
- Current Ratio: 2.01%
- Quick Ratio: 1.72%
- Average Volume: 30.92 million shs.
- Beta: 1.2
- Short Ratio: 2.96
Frequently Asked Questions for General Electric Company (NYSE:GE)
What is General Electric Company's stock symbol?
General Electric Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "GE."
How often does General Electric Company pay dividends? What is the dividend yield for General Electric Company?
General Electric Company declared a quarterly dividend on Friday, February 10th. Stockholders of record on Monday, February 27th will be paid a dividend of $0.24 per share on Tuesday, April 25th. This represents a $0.96 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Thursday, February 23rd. View General Electric Company's Dividend History.
How were General Electric Company's earnings last quarter?
General Electric Company (NYSE:GE) issued its earnings results on Friday, April, 21st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.04. The company had revenue of $27.66 billion for the quarter, compared to analyst estimates of $26.37 billion. General Electric Company had a return on equity of 15.99% and a net margin of 6.86%. General Electric Company's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.21 earnings per share. View General Electric Company's Earnings History.
When will General Electric Company make its next earnings announcement?
What guidance has General Electric Company issued on next quarter's earnings?
General Electric Company updated its FY17 earnings guidance on Friday, April, 21st. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.63.
Where is General Electric Company's stock going? Where will General Electric Company's stock price be in 2017?
18 analysts have issued 12-month target prices for General Electric Company's shares. Their forecasts range from $24.00 to $38.00. On average, they anticipate General Electric Company's share price to reach $31.87 in the next year. View Analyst Ratings for General Electric Company.
What are analysts saying about General Electric Company stock?
Here are some recent quotes from research analysts about General Electric Company stock:
- 1. Cowen and Company analysts commented, "GE Power supplier WWD noted soft IGT upgrade orders (for WWD’s components)." (4/20/2017)
- 2. According to Zacks Investment Research, "General Electric’s multi-billion deal with Baker Hughes is likely to boost the Oil & Gas segment revenues. General Electric further aims to grow its 3D manufacturing business to $1 billion by 2020 through opportune acquisitions. The company has almost completed the GE Capital exit plan about one year ahead of the schedule to focus on core industrial operations with a digital edge. With a healthy ROI from the Alstom deal, the company has offered a bullish guidance for 2017 and expects a steady rise in operating profits. However, for a company as large as General Electric, the additional revenues needed for growth are quite large, posing a challenge in developing businesses on such a vast scale. Significant order backlog, high operating risks related to the Brexit referendum and foreign currency volatility remain other headwinds. The company has also underperformed the industry in the last three months on macroeconomic and currency woes." (3/20/2017)
- 3. Royal Bank of Canada analysts commented, "Outperform-rated GE will host an analyst meeting on its Power (21% of revenues) and Renewable Energy (7%) segments on Mar-8 in NYC. Key topics will likely include an update on the 4Q16 order pushouts, progress on the H-turbine launch and cost curve, and the Alstom integration. GE may also provide more specifics on the pending revenue recognition changes. Overall, we're not expecting any stockmoving news." (3/6/2017)
Are investors shorting General Electric Company?
General Electric Company saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 93,726,915 shares, an increase of 1.6% from the April 28th total of 92,278,157 shares. Based on an average daily trading volume, of 29,903,873 shares, the short-interest ratio is currently 3.1 days. Currently, 1.1% of the shares of the company are sold short.
Who are some of General Electric Company's key competitors?
Some companies that are related to General Electric Company include 3M Co (MMM), Honeywell International (HON), Danaher (DHR), ABB Ltd (ABB), Illinois Tool Works (ITW), Eaton Co., PLC (ETN), Cummins (CMI), Roper Technologies (ROP), Ingersoll-Rand PLC (IR), Rockwell Automation (ROK), AMETEK (AME), Pall (PLL), Dover Corp (DOV), Xylem (XYL), IDEX (IEX), Lennox International (LII), Middleby Corp (MIDD) and Nordson (NDSN).
Who owns General Electric Company stock?
General Electric Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.85%), BlackRock Inc. (5.71%), State Street Corp (4.08%), FMR LLC (1.48%), Bank of New York Mellon Corp (1.04%) and Geode Capital Management LLC (0.97%). Company insiders that own General Electric Company stock include Alexander Dimitrief, David Leon Joyce, Jeffrey R Immelt, Jeffrey S Bornstein, Marijn E Dekkers and William G Beattie. View Institutional Ownership Trends for General Electric Company.
Who sold General Electric Company stock? Who is selling General Electric Company stock?
General Electric Company's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Alliancebernstein L.P., Janus Capital Management LLC, Jennison Associates LLC, OppenheimerFunds Inc., CI Investments Inc., State Street Corp and Neuberger Berman Group LLC. View Insider Buying and Selling for General Electric Company.
Who bought General Electric Company stock? Who is buying General Electric Company stock?
General Electric Company's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Harris Associates L P, Morgan Stanley, Swiss National Bank, Geode Capital Management LLC, Karp Capital Management Corp and American Century Companies Inc.. Company insiders that have bought General Electric Company stock in the last two years include Alexander Dimitrief, Jeffrey R Immelt, Jeffrey S Bornstein, Marijn E Dekkers and William G Beattie. View Insider Buying and Selling for General Electric Company.
How do I buy General Electric Company stock?
Shares of General Electric Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of General Electric Company stock cost?
One share of General Electric Company stock can currently be purchased for approximately $27.83.
Earnings History for General Electric Company (NYSE:GE)Earnings History by Quarter for General Electric Company (NYSE:GE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/21/2017|| || || || || || || || |
|4/21/2017||Q1 2017||$0.17||$0.21||$26.37 billion||$27.66 billion||View||N/A|
|1/20/2017||Q416||$0.46||$0.46||$33.67 billion||$33.10 billion||View||N/A|
|10/21/2016||Q316||$0.32||$0.32||$29.64 billion||$29.30 billion||View||N/A|
|7/22/2016||Q216||$0.46||$0.51||$31.76 billion||$33.49 million||View||Listen|
|4/22/2016||Q116||$0.19||$0.21||$27.67 billion||$27.60 billion||View||Listen|
|1/22/2016||Q415||$0.50||$0.52||$35.92 billion||$33.89 billion||View||N/A|
|10/16/2015||Q315||$0.26||$0.32||$28.67 billion||$31.68 billion||View||Listen|
|7/17/2015||Q215||$0.28||$0.31||$28.70 billion||$32.80 billion||View||Listen|
|4/17/2015||Q115||$0.30||$0.31||$34.27 billion||$29.40 billion||View||N/A|
|1/23/2015||Q414||$0.55||$0.56||$42.20 billion||$42.00 billion||View||N/A|
|10/17/2014||Q314||$0.37||$0.38||$36.80 billion||$36.20 billion||View||Listen|
|7/18/2014||Q214||$0.39||$0.39||$36.31 billion||$36.20 billion||View||Listen|
|4/17/2014||Q114||$0.32||$0.33||$34.45 billion||$34.18 billion||View||Listen|
|1/17/2014||Q413||$0.53||$0.53||$40.22 billion||$40.40 billion||View||N/A|
|10/18/2013||Q313||$0.37||$0.36||$38.84 billion||$35.70 billion||View||N/A|
|7/19/2013||Q2 2013||$0.36||$0.36||$35.58 billion||$35.12 billion||View||N/A|
|4/19/2013||Q1 2013||$0.35||$0.39||$34.70 billion||$35.01 billion||View||Listen|
|1/18/2013||Q4 2012||$0.43||$0.44||$38.71 billion||$39.30 billion||View||Listen|
Earnings Estimates for General Electric Company (NYSE:GE)
2017 EPS Consensus Estimate: $1.62
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for General Electric Company (NYSE:GE)
|Most Recent Dividend:||4/25/2017|
|Dividend Growth:||6.60% (3 Year Average)|
|Payout Ratio:||106.67% (Trailing 12 Months of Earnings) |
58.90% (Based on This Year's Estimates)
50.79% (Based on Next Year's Estimates)
Dividend History by Quarter for General Electric Company (NYSE:GE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for General Electric Company (NYSE:GE)
Insider Ownership Percentage: 0.23%Insider Trades by Quarter for General Electric Company (NYSE:GE)
Institutional Ownership Percentage: 54.68%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/17/2017||William G Beattie||Director||Buy||4,000||$27.70||$110,800.00|| |
|5/15/2017||Jeffrey R Immelt||Chairman||Buy||100,000||$28.07||$2,807,000.00|| |
|5/15/2017||William G Beattie||Director||Buy||16,000||$28.05||$448,800.00|| |
|4/24/2017||Marijn E Dekkers||Director||Buy||20,000||$29.90||$598,000.00|| |
|2/3/2017||David Leon Joyce||Vice Chairman||Sell||159,662||$29.56||$4,719,608.72|| |
|1/31/2017||Jeffrey S Bornstein||Insider||Buy||5,000||$29.63||$148,150.00|| |
|1/23/2017||Alexander Dimitrief||Insider||Buy||231||$30.50||$7,045.50|| |
|11/9/2016||Jeffrey R Immelt||Chairman||Buy||50,000||$29.24||$1,462,000.00|| |
|7/26/2016||Jeffrey R Immelt||Chairman||Buy||50,000||$31.45||$1,572,500.00|| |
|5/20/2016||Jeffrey R Immelt||CEO||Buy||67,600||$29.59||$2,000,284.00|| |
|4/25/2016||Alexander Dimitrief||SVP||Buy||105||$30.51||$3,203.55|| |
|2/4/2016||Jeffrey S. Bornstein||SVP||Sell||168,313||$28.91||$4,865,928.83|| |
|2/1/2016||Alexander Dimitrief||SVP||Buy||30,612||$29.00||$887,748.00|| |
|1/25/2016||Alexander Dimitrief||SVP||Buy||65,272||$28.04||$1,830,226.88|| |
|4/30/2015||Mary L Schapiro||Director||Buy||7,000||$27.22||$190,540.00|| |
|4/22/2015||Marijn E Dekkers||Director||Buy||20,000||$26.93||$538,600.00|| |
|4/20/2015||James E Rohr||Director||Buy||20,000||$27.15||$543,000.00|| |
|2/19/2015||William G Beattie||Director||Buy||400,000||$25.00||$10,000,000.00|| |
|2/18/2015||William G Beattie||Director||Buy||400,000||$25.24||$10,096,000.00|| |
|11/26/2014||Elizabeth J Comstock||SVP||Sell||18,500||$26.82||$496,170.00|| |
|7/23/2014||William G Beattie||Director||Buy||10,000||$26.01||$260,100.00|| |
|3/3/2014||Jeffrey Immelt||CEO||Buy||104,900||$25.19||$2,642,431.00|| |
|1/27/2014||Jeffrey Immelt||CEO||Buy||40,000||$25.04||$1,001,600.00|| |
|1/24/2014||William Beattie||Director||Buy||2,000||$25.47||$50,940.00|| |
|1/21/2014||James Rohr||Director||Buy||10,000||$26.18||$261,800.00|| |
|11/21/2013||William Beattie||Director||Buy||5,000||$26.88||$134,400.00|| |
|11/20/2013||James Cash, Jr.||Director||Sell||7,000||$27.00||$189,000.00|| |
|7/22/2013||Elizabeth J Comstock||SVP||Sell||49,300||$24.87||$1,226,091.00|| |
|4/24/2013||William G Beattie||Director||Buy||10,000||$21.80||$218,000.00|| |
|10/26/2012||John Joseph Brennan||Director||Buy||5,000||$21.20||$106,000.00|| |
|8/8/2012||John Krenicki||Chairman||Sell||179,693||$21.04||$3,780,740.72|| |
Headline Trends for General Electric Company (NYSE:GE)
Latest Headlines for General Electric Company (NYSE:GE)
General Electric Company (GE) Chart for Wednesday, May, 24, 2017