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BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)

General Electric (GE) Stock Price, News & Analysis

$161.04
+2.39 (+1.51%)
(As of 03/4/2024 ET)
Today's Range
$158.58
$161.77
50-Day Range
$124.03
$161.04
52-Week Range
$86.07
$161.77
Volume
6.70 million shs
Average Volume
5.41 million shs
Market Capitalization
$175.26 billion
P/E Ratio
19.24
Dividend Yield
0.20%
Price Target
$135.57

General Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
14.5% Downside
$137.71 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.69mentions of General Electric in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$5.04 M Sold Last Quarter
Proj. Earnings Growth
31.13%
From $4.53 to $5.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.53 out of 5 stars

Multi-Sector Conglomerates Sector

3rd out of 18 stocks

Electronic, Electrical Equipment & Components, Except Computer Equipment Industry

3rd out of 3 stocks


GE stock logo

About General Electric Stock (NYSE:GE)

GE is a multi-national conglomerate that was originally incorporated in 1892. The company was founded by Thomas Edison as the Edison General Electric Company and shortened its name to General Electric following a merger with two other early electric pioneers. The name was later shortened again to GE. The company is headquartered in Boston, Massachusetts but has operations on a global scale. One of the original 12 Dow stocks, the company was a component of the index for 122 years until its ousting in 2018.

Originally intended to make and market Edison’s incandescent lamp and following products, the company grew over the years through mergers, acquisitions, and natural expansion into newly created fields. Among the many early accomplishments is the creation of RCA and NBC which will both become forces of their own. Other major innovations include the world’s first turbine superchargers, industrial gas turbine engines, and the first jet engine. In the field of computing, General Electric Company is credited as being one of the 8 major computer companies of the 1960s and shares responsibility for today’s digital world. In regard to its employees, two were awarded the Nobel Prize for their work with the company.

Today GE operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. The company operates through four segments including Power, Renewables, Aerospace, and Healthcare although there are plans in the works to split the company into three separate entities. The three new companies would be GE Vernova (power and renewables), GE Health, and GE Aerospace. The spin-offs are expected to be completed by 2025.

The Power segment offers a variety of turbine engines for power production as well as the full range of services from plant construction to retrofit and refit. The Renewables segment is focused on solutions for renewable energy including wind and hydro and the technology to operate them. The Aviation segment manufactures aircraft engines of all varieties and the Healthcare segment offers technology for imaging, monitoring, diagnostics, and drug discovery to health and medical facilities.

General Electric is committed to helping the world transition to a greener way of life and is exiting the new-build coal-fired power industry. Instead, its advancements in wind, grid efficiency, and natural gas are being deployed around the world helping to reduce emissions and generate cleaner energy for businesses, industry, and communities. The company is targeting 2030 for its own carbon neutrality and 2050 for net zero emissions.

GE Stock Price History

GE Stock News Headlines

Verizon, Walgreens, 3M: 3 high-yield Dow stocks to buy now? (GE)
Dow's high-yielding trio, Verizon, Walgreens, and 3M face challenges, which are reflected in their stock-price declines.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
3 Stocks Primed for Exponential Returns by 2034
General Electric Board Approves Spin-off Of GE Vernova
8 Analysts Assess General Electric: What You Need To Know
Electric Vehicle Market Hits Speed Bumps
ScaleTrains HO General Electric ES44AC
See More Headlines
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Company Calendar

Ex-Dividend for 1/25 Dividend
12/27/2023
Last Earnings
1/23/2024
Dividend Payable
1/25/2024
Today
3/04/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic, electrical equipment & components, except computer equipment
Sub-Industry
Industrial Conglomerates
CUSIP
36960410
Employees
125,000
Year Founded
1892

Price Target and Rating

Average Stock Price Target
$137.71
High Stock Price Target
$181.00
Low Stock Price Target
$102.00
Potential Upside/Downside
-15.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$9.48 billion
Pretax Margin
15.00%

Debt

Sales & Book Value

Annual Sales
$67.95 billion
Cash Flow
$5.09 per share
Book Value
$26.26 per share

Miscellaneous

Outstanding Shares
1,088,330,000
Free Float
1,081,042,000
Market Cap
$175.23 billion
Optionable
Optionable
Beta
1.28

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GE Stock Analysis - Frequently Asked Questions

Should I buy or sell General Electric stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GE shares.
View GE analyst ratings
or view top-rated stocks.

What is General Electric's stock price target for 2024?

12 Wall Street analysts have issued twelve-month target prices for General Electric's stock. Their GE share price targets range from $102.00 to $181.00. On average, they predict the company's stock price to reach $137.71 in the next year. This suggests that the stock has a possible downside of 14.5%.
View analysts price targets for GE
or view top-rated stocks among Wall Street analysts.

How have GE shares performed in 2024?

General Electric's stock was trading at $127.63 at the beginning of 2024. Since then, GE stock has increased by 26.2% and is now trading at $161.04.
View the best growth stocks for 2024 here
.

Are investors shorting General Electric?

General Electric saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 9,110,000 shares, an increase of 9.8% from the January 31st total of 8,300,000 shares. Based on an average daily trading volume, of 4,840,000 shares, the short-interest ratio is presently 1.9 days. Currently, 0.8% of the company's shares are short sold.
View General Electric's Short Interest
.

When is General Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GE earnings forecast
.

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) announced its earnings results on Tuesday, January, 23rd. The conglomerate reported $1.03 EPS for the quarter, beating the consensus estimate of $0.90 by $0.13. The conglomerate had revenue of $19.42 billion for the quarter, compared to analyst estimates of $17.27 billion. General Electric had a trailing twelve-month return on equity of 10.88% and a net margin of 13.95%. The business's revenue was up 15.4% on a year-over-year basis. During the same period last year, the company earned $1.24 earnings per share.
Read the conference call transcript
.

How often does General Electric pay dividends? What is the dividend yield for General Electric?

General Electric declared a quarterly dividend on Friday, December 15th. Shareholders of record on Thursday, December 28th will be paid a dividend of $0.08 per share on Thursday, January 25th. This represents a $0.32 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend is Wednesday, December 27th.
Read our dividend analysis for GE
.

Is General Electric a good dividend stock?

General Electric (NYSE:GE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.20%. The dividend payout ratio is 3.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GE will have a dividend payout ratio of 5.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GE.

When did General Electric's stock split?

Shares of General Electric reverse split on the morning of Monday, August 2nd 2021. The 1-8 reverse split was announced on Monday, August 2nd 2021. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 2nd 2021. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

What guidance has General Electric issued on next quarter's earnings?

General Electric issued an update on its first quarter 2024 earnings guidance on Tuesday, January, 23rd. The company provided earnings per share guidance of 0.600-0.650 for the period, compared to the consensus earnings per share estimate of 0.720. The company issued revenue guidance of -.

What is H. Lawrence Culp, Jr.'s approval rating as General Electric's CEO?

690 employees have rated General Electric Chief Executive Officer H. Lawrence Culp, Jr. on Glassdoor.com. H. Lawrence Culp, Jr. has an approval rating of 89% among the company's employees.

What other stocks do shareholders of General Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other General Electric investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), AT&T (T), Bank of America (BAC), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are General Electric's major shareholders?

General Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.13%), Capital Research Global Investors (7.63%), Capital International Investors (4.94%), Price T Rowe Associates Inc. MD (2.87%), Dodge & Cox (1.55%) and Northern Trust Corp (0.96%). Insiders that own company stock include Electric Co General, General Electric Pension Trust, H Lawrence Culp Jr, John S Slattery, Leslie Seidman, Michael J Holston, Paula Rosput Reynolds, Scott Strazik and Thomas S Timko.
View institutional ownership trends
.

How do I buy shares of General Electric?

Shares of GE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GE) was last updated on 3/4/2024 by MarketBeat.com Staff