General Electric (GE) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last twelve months. There are currently 3 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.
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13 brokers have issued 1 year price targets for General Electric's stock. Their GE share price forecasts range from $102.00 to $135.00. On average, they expect the company's stock price to reach $120.00 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
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General Electric's stock was trading at $83.79 at the start of the year. Since then, GE shares have increased by 32.5% and is now trading at $110.99.
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General Electric saw a drop in short interest in September. As of September 15th, there was short interest totaling 12,310,000 shares, a drop of 5.3% from the August 31st total of 13,000,000 shares. Based on an average daily volume of 4,350,000 shares, the short-interest ratio is presently 2.8 days. Currently, 1.1% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our GE earnings forecast.

General Electric will be holding an earnings conference call on Tuesday, October 24th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

General Electric (NYSE:GE) posted its quarterly earnings data on Tuesday, July, 25th. The conglomerate reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.22. The conglomerate earned $15.85 billion during the quarter, compared to the consensus estimate of $14.76 billion. General Electric had a net margin of 13.32% and a trailing twelve-month return on equity of 9.30%. General Electric's quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 earnings per share.

General Electric declared a quarterly dividend on Friday, September 8th. Stockholders of record on Tuesday, September 26th will be given a dividend of $0.08 per share on Wednesday, October 25th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date is Monday, September 25th.
Read our dividend analysis for GE.

ETFs with the largest weight of General Electric (NYSE:GE) stock in their portfolio include Engine No. 1 Transform Climate ETF (NETZ), Invesco Aerospace & Defense ETF (PPA), Capital Group Dividend Value ETF (CGDV), Monarch Blue Chips Core ETF (MBCC), Adaptiv Select ETF (ADPV), Industrial Select Sector SPDR Fund (XLI), ProShares S&P Kensho Cleantech ETF (CTEX) and Alpha Intelligent - Large Cap Value ETF (AILV).

General Electric (NYSE:GE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.29%. The dividend payout ratio is 3.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GE will have a dividend payout ratio of 7.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GE.

General Electric shares reverse split on 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 market closes 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.

General Electric issued an update on its third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $0.45-$0.55 for the period, compared to the consensus EPS estimate of $0.46. The company issued revenue guidance of -.

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.

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).

General Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "GE."

General Electric's stock is owned by many different retail and institutional investors. Top institutional investors include Capital Research Global Investors (8.50%), BlackRock Inc. (6.48%), Capital International Investors (4.99%), State Street Corp (4.61%), Geode Capital Management LLC (1.81%) and Northern Trust Corp (0.94%). 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.
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Shares of GE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GE stock can currently be purchased for approximately $110.99.

General Electric (NYSE:GE) has a market capitalization of $120.80 billion and generates $76.56 billion in revenue each year. The conglomerate earns $225 million in net income (profit) each year or $8.43 on an earnings per share basis.

The company employs 172,000 workers across the globe.

General Electric's mailing address is 5 Necco Street, BOSTON MA, 02210. The official website for the company is www.ge.com. The conglomerate can be reached via phone at (203) 373-2211, via email at investor@ge.com, or via fax at 203-373-3131.