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 year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" General Electric stock.
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13 Wall Street analysts have issued 12-month target prices for General Electric's stock. Their GE stock forecasts range from $73.00 to $136.00. On average, they anticipate General Electric's share price to reach $103.21 in the next year. This suggests a possible upside of 38.8% from the stock's current price.
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General Electric's stock was trading at $94.47 at the beginning of 2022. Since then, GE shares have decreased by 21.3% and is now trading at $74.36.
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General Electric saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 12,400,000 shares, a decrease of 19.9% from the June 15th total of 15,490,000 shares. Based on an average daily volume of 6,990,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the shares of the company are sold short.
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General Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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General Electric (NYSE:GE) released its earnings results on Tuesday, July, 26th. The conglomerate reported $0.78 EPS for the quarter, topping the consensus estimate of $0.38 by $0.40. The conglomerate earned $18.65 billion during the quarter, compared to analysts' expectations of $17.90 billion. General Electric had a negative net margin of 5.94% and a positive trailing twelve-month return on equity of 7.50%. The company's revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 earnings per share.
Read General Electric's conference call transcript.

General Electric declared a quarterly dividend on Friday, June 17th. Shareholders of record on Tuesday, June 28th will be paid a dividend of $0.08 per share on Monday, July 25th. This represents a $0.32 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend is Monday, June 27th.
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General Electric(NYSE:GE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.43%.
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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 General Electric stock prior to the reverse split would have 13 shares after the split.

690 employees have rated General Electric CEO H. Lawrence Culp, Jr. on Glassdoor.com. H. Lawrence Culp, Jr. has an approval rating of 89% among General Electric'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 a variety of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (1.19%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), New York State Teachers Retirement System (0.12%), State Board of Administration of Florida Retirement System (0.11%), TD Asset Management Inc. (0.09%) and SG Americas Securities LLC (0.00%). Company insiders that own General Electric stock include Edward P Garden, Electric Co General, H Lawrence Culp Jr, John S Slattery, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Scott Strazik, Thomas S Timko, Thomas W Horton and Trian Fund Management, LP.
View institutional ownership trends for 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.
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One share of GE stock can currently be purchased for approximately $74.36.

General Electric (NYSE:GE) has a market capitalization of $81.54 billion and generates $74.20 billion in revenue each year. The conglomerate earns $-6,520,000,000.00 in net income (profit) each year or ($4.24) on an earnings per share basis.

General Electric employs 168,000 workers across the globe.

General Electric was founded in 1892.

General Electric's mailing address is 5 Necco Street, BOSTON MA, 02210. The official website for General Electric is www.ge.com. The conglomerate can be reached via phone at (617) 443-3000, via email at investor@ge.com, or via fax at 203-373-3131.