General Electric Stock Forecast, Price & News

General Electric's stock was trading at $8.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GE shares have decreased by 25.6% and is now trading at $6.11.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for General Electric.

General Electric is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for General Electric.

General Electric (NYSE:GE) posted its earnings results on Wednesday, July, 29th. The conglomerate reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.06. The conglomerate earned $17.75 billion during the quarter, compared to analyst estimates of $17.27 billion. General Electric had a positive return on equity of 7.94% and a negative net margin of 5.10%. The company's quarterly revenue was down 38.4% on a year-over-year basis. During the same period last year, the company earned $0.17 earnings per share.
View General Electric's earnings history.

General Electric announced a quarterly dividend on Thursday, September 3rd. Investors of record on Monday, September 28th will be given a dividend of $0.01 per share on Monday, October 26th. This represents a $0.04 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Friday, September 25th.
View General Electric's dividend history.

15 analysts have issued 12 month price objectives for General Electric's stock. Their forecasts range from $5.00 to $13.00. On average, they expect General Electric's share price to reach $9.13 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price.
View analysts' price targets for General Electric.

Media headlines about GE stock have trended neutral on Saturday, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. General Electric earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media headlines about the conglomerate a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about General Electric.

General Electric saw a increase in short interest in September. As of September 15th, there was short interest totaling 103,570,000 shares, an increase of 24.4% from the August 31st total of 83,240,000 shares. Based on an average daily trading volume, of 90,000,000 shares, the short-interest ratio is presently 1.2 days. Currently, 1.2% of the shares of the company are short sold.
View General Electric's Short Interest.

Some companies that are related to General Electric include Siemens (SIEGY), Koninklijke Philips (PHG), Emerson Electric (EMR), Peloton (PTON), Legrand (LGRVF) and Sharp (SHCAY).
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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), Canopy Growth (CGC), 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 shareholders include Vanguard Group Inc. (7.66%), BlackRock Inc. (6.45%), FMR LLC (5.23%), Pzena Investment Management LLC (0.86%), Trian Fund Management L.P. (0.68%) and Charles Schwab Investment Management Inc. (0.53%). Company insiders that own General Electric stock include Alexander Dimitrief, Edward P Garden, Francisco Dsouza, H Lawrence Culp Jr, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Russell Stokes, Scott Strazik, Thomas S Timko, Thomas W Horton and Trian Fund Management, LP.
View institutional ownership trends for General Electric.

GE stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Prudential Financial Inc., Vanguard Group Inc., Bessemer Group Inc., FIL Ltd, Toronto Dominion Bank, ANTIPODES PARTNERS Ltd, and Bank of Nova Scotia. Company insiders that have sold General Electric company stock in the last year include Edward P Garden, and Trian Fund Management, LP.
View insider buying and selling activity for General Electric.

GE stock was bought by a variety of institutional investors in the last quarter, including Platinum Investment Management Ltd., Pzena Investment Management LLC, BlackRock Inc., AQR Capital Management LLC, Cibc World Markets Corp, Handelsbanken Fonder AB, MERIAN GLOBAL INVESTORS UK Ltd, and Nordea Investment Management AB. Company insiders that have bought General Electric stock in the last two years include Alexander Dimitrief, Francisco Dsouza, H Lawrence Culp Jr, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Scott Strazik, Thomas S Timko, and Thomas W Horton.
View insider buying and selling activity for General Electric.

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

One share of GE stock can currently be purchased for approximately $6.11.

General Electric has a market capitalization of $53.48 billion and generates $95.21 billion in revenue each year. The conglomerate earns $-4,978,000,000.00 in net income (profit) each year or $0.65 on an earnings per share basis. General Electric employs 205,000 workers across the globe.

The official website for General Electric is www.ge.com.

General Electric's mailing address is 5 Necco Street, BOSTON MA, 02210. The conglomerate can be reached via phone at 617-443-3000 or via email at [email protected]