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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Better Than Oil Stocks? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Low Beta Stocks To Offset A Possible Hard Landing
Better Than Oil Stocks? (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
Better Than Oil Stocks? (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Better Than Oil Stocks? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Low Beta Stocks To Offset A Possible Hard Landing
Better Than Oil Stocks? (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
Better Than Oil Stocks? (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Better Than Oil Stocks? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Low Beta Stocks To Offset A Possible Hard Landing
Better Than Oil Stocks? (Ad)
5 Cheap Ways to Ride The AI Supercycle to Profits
Nursing Home REITs: The Surprise Heroes of High Yield Investing
Better Than Oil Stocks? (Ad)
3 Intriguing ETFs Trading Under $10 a Share
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
NYSE:GE

General Electric (GE) Stock Forecast, Price & News

$112.33
+1.44 (+1.30%)
(As of 09/28/2023 ET)
Compare
Today's Range
$110.83
$112.99
50-Day Range
$109.94
$117.16
52-Week Range
$48.06
$117.96
Volume
4.40 million shs
Average Volume
6.05 million shs
Market Capitalization
$122.26 billion
P/E Ratio
13.33
Dividend Yield
0.28%
Price Target
$122.71

General Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
9.2% Upside
$122.71 Price Target
Short Interest
Healthy
1.14% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.67mentions of General Electric in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$35 M Bought Last Quarter
Proj. Earnings Growth
89.87%
From $2.27 to $4.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Multi-Sector Conglomerates Sector

3rd out of 19 stocks

Electronic, Electrical Equipment & Components, Except Computer Equipment Industry

1st out of 3 stocks


GE stock logo

About General Electric (NYSE:GE) Stock

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 Price History

GE Stock News Headlines

Why Analysts Say GE's Healthcare Spinoff Has $20 Upside (GE)
General Electric’s spinoff, GE HealthCare Technologies Inc., is delivering some impressive results and has growth opportunities well worth tuning in to.
General Electric (NYSE:GE) Rating Increased to Buy at StockNews.com
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.
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.
General Electric: Still Overburdened With Liabilities
General Electric: Near-Term Upside Could Be Priced In
Could slumping industrial, small cap stocks be good or bad?
AerCap: Size Up As General Electric Sells Down
General Electric (GE) Unit Wins Transformer Deal in Germany
StockNews.com Downgrades General Electric (NYSE:GE) to Hold
Wells Fargo Remains a Hold on General Electric (GE)
14 Good Stocks To Invest In Right Now
See More Headlines
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GE Company Calendar

Ex-Dividend for 7/25 Dividend
7/10/2023
Last Earnings
7/25/2023
Dividend Payable
7/25/2023
Ex-Dividend for 10/25 Dividend
9/25/2023
Today
9/29/2023
Next Earnings (Confirmed)
10/24/2023
Dividend Payable
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electronic, electrical equipment & components, except computer equipment
Sub-Industry
Industrial Conglomerates
CUSIP
36960410
Employees
172,000
Year Founded
1892

Price Target and Rating

Average Stock Price Forecast
$122.71
High Stock Price Forecast
$141.00
Low Stock Price Forecast
$102.00
Forecasted Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$225 million
Pretax Margin
15.88%

Debt

Sales & Book Value

Annual Sales
$76.56 billion
Cash Flow
$6.28 per share
Book Value
$34.39 per share

Miscellaneous

Outstanding Shares
1,088,380,000
Free Float
1,081,086,000
Market Cap
$122.26 billion
Optionable
Optionable
Beta
1.28

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Key Executives

  • Mr. H. Lawrence Culp Jr.Mr. H. Lawrence Culp Jr. (Age 60)
    Chairman & CEO
    Comp: $3.05M
  • Mr. Russell T. Stokes (Age 52)
    Pres and CEO of Commercial Engines & Services - GE Aerospace
    Comp: $3.17M
  • Ms. Carolina Dybeck Happe (Age 51)
    Sr. VP
    Comp: $4.89M
  • Mr. John Stephen Slattery (Age 54)
    Exec. VP & Chief Commercial Officer of GE Aerospace
    Comp: $2.85M
  • Mr. Rahul Ghai (Age 51)
    Sr. VP & CFO
  • Mr. Thomas S. TimkoMr. Thomas S. Timko (Age 55)
    VP, Controller & Chief Accounting Officer
  • Mr. Victor R. Abate
    Sr. VP, CTO & CEO of Onshore Wind
  • Mr. David Burns
    Chief Information Officer
  • Mr. Steven Eric Winoker
    VP of Investor Relations
  • Mr. Michael J. HolstonMr. Michael J. Holston (Age 61)
    Sr. VP, Gen. Counsel & Sec.













GE Stock - Frequently Asked Questions

Should I buy or sell General Electric stock right now?

13 Wall Street 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 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 forecast for 2023?

13 brokers have issued 12-month price targets for General Electric's stock. Their GE share price forecasts range from $102.00 to $141.00. On average, they anticipate the company's share price to reach $122.71 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for GE
or view top-rated stocks among Wall Street analysts.

How have GE shares performed in 2023?

General Electric's stock was trading at $83.79 on January 1st, 2023. Since then, GE shares have increased by 34.1% and is now trading at $112.33.
View the best growth stocks for 2023 here
.

Are investors shorting General Electric?

General Electric saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 12,310,000 shares, a decrease of 5.3% from the August 31st total of 13,000,000 shares. Based on an average daily trading volume, of 4,350,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.1% of the shares of the stock 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, October 24th 2023.
View our GE earnings forecast
.

How can I listen to General Electric's earnings call?

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.

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) issued 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 had revenue of $15.85 billion for the quarter, compared to analyst estimates of $14.76 billion. General Electric had a trailing twelve-month return on equity of 9.30% and a net margin of 13.32%. General Electric's revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.78 earnings per share.

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

General Electric announced a quarterly dividend on Friday, September 8th. Shareholders of record on Tuesday, September 26th will be paid a dividend of $0.08 per share on Wednesday, October 25th. This represents a $0.32 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Monday, September 25th.
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 0.29%. 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.

When did General Electric's stock split?

General Electric's stock reverse split before market open 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.

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

General Electric updated 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 -.

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).

What is General Electric's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is General Electric's stock price today?

One share of GE stock can currently be purchased for approximately $112.33.

How much money does General Electric make?

General Electric (NYSE:GE) has a market capitalization of $122.26 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.

How many employees does General Electric have?

The company employs 172,000 workers across the globe.

How can I contact General Electric?

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.

This page (NYSE:GE) was last updated on 9/29/2023 by MarketBeat.com Staff

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