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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Collapse of 2022 Has Begun (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
The Collapse of 2022 Has Begun (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Collapse of 2022 Has Begun (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
The Collapse of 2022 Has Begun (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Collapse of 2022 Has Begun (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
The Collapse of 2022 Has Begun (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
NYSE:GE

General Electric - GE Stock Forecast, Price & News

$86.88
+1.62 (+1.90%)
(As of 12/2/2022 09:00 PM ET)
Add
Compare
Today's Range
$84.41
$86.95
50-Day Range
$61.91
$88.14
52-Week Range
$59.93
$103.73
Volume
4.48 million shs
Average Volume
6.54 million shs
Market Capitalization
$94.93 billion
P/E Ratio
N/A
Dividend Yield
0.37%
Price Target
$90.27

General Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
3.9% Upside
$90.27 Price Target
Short Interest
Healthy
1.13% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.38mentions of General Electric in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
68.11%
From $2.54 to $4.27 Per Share

Overall MarketRank

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

2.13 out of 5 stars

Multi-Sector Conglomerates Sector

11th out of 18 stocks

Electronic, Electrical Equipment & Components, Except Computer Equipment Industry

3rd 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.

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GE Stock News Headlines

20 years for Chinese national in US aviation spying case
A federal judge has handed down a 20-year prison sentence to a Chinese national convicted of trying to steal trade secrets from U.S. aviation and aerospace companies
Chinese national faces sentencing in US aviation spying case
A federal judge is preparing to sentence a Chinese national convicted of trying to steal trade secrets from U.S. aviation and aerospace companies
General Electric Sets Healthcare Division Spin-Off Plans
GE Board of Directors Approves Separation of GE HealthCare
General Electric (GE) to Offer CT Motion Injector in U.S.
General Electric: No Power
See More Headlines
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GE Company Calendar

Ex-Dividend for 10/25 Dividend
9/26/2022
Last Earnings
10/25/2022
Dividend Payable
10/25/2022
Today
12/05/2022
Ex-Dividend for 1/25 Dividend
12/14/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/24/2023
Dividend Payable
1/25/2023

Industry, Sector and Symbol

Industry
Electronic, electrical equipment & components, except computer equipment
Sub-Industry
Industrial Conglomerates
CUSIP
36960410
Employees
168,000
Year Founded
1892

Price Target and Rating

Average Stock Price Forecast
$90.27
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$74.00
Forecasted Upside/Downside
+3.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$-6,520,000,000.00
Pretax Margin
-5.72%

Debt

Sales & Book Value

Annual Sales
$74.20 billion
Cash Flow
$5.07 per share
Book Value
$29.97 per share

Miscellaneous

Outstanding Shares
1,092,668,000
Free Float
1,085,019,000
Market Cap
$94.93 billion
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Mr. H. Lawrence Culp Jr.Mr. H. Lawrence Culp Jr. (Age 59)
    Chairman & CEO
    Comp: $6.72M
  • Ms. Carolina Dybeck Happe (Age 50)
    Sr. VP & CFO
    Comp: $5.02M
  • Mr. Russell T. Stokes (Age 51)
    Sr. VP
    Comp: $2.95M
  • Mr. Kieran P. Murphy (Age 59)
    Strategic Advisor
    Comp: $2.63M
  • Mr. John Stephen Slattery (Age 53)
    Sr. VP
    Comp: $3.04M
  • Mr. Thomas S. TimkoMr. Thomas S. Timko (Age 54)
    VP, Controller & Chief Accounting Officer
  • Mr. Victor R. Abate
    Sr. VP, CTO & CEO of Onshore Wind
  • Ms. Nancy Anderson
    VP & Chief Information Officer
  • Mr. Steven Eric Winoker
    VP of Investor Relations
  • Ms. Linda Boff (Age 60)
    Chief Marketing Officer and VP of Learning & Culture













GE Stock - Frequently Asked Questions

Should I buy or sell General Electric stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GE shares.
View GE analyst ratings
or view top-rated stocks.

What is General Electric's stock price forecast for 2023?

10 Wall Street research analysts have issued 1 year target prices for General Electric's stock. Their GE share price forecasts range from $74.00 to $120.00. On average, they predict the company's stock price to reach $90.27 in the next twelve months. This suggests a possible upside of 3.9% 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 2022?

General Electric's stock was trading at $94.47 at the beginning of the year. Since then, GE shares have decreased by 8.0% and is now trading at $86.88.
View the best growth stocks for 2022 here
.

Are investors shorting General Electric?

General Electric saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 11,480,000 shares, an increase of 11.2% from the October 15th total of 10,320,000 shares. Based on an average daily trading volume, of 6,170,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.1% of the shares of the company 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, January 24th 2023.
View our GE earnings forecast
.

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) released its quarterly earnings results on Tuesday, October, 25th. The conglomerate reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.12. The conglomerate had revenue of $19.08 billion for the quarter, compared to analyst estimates of $18.77 billion. General Electric had a negative net margin of 7.78% and a positive trailing twelve-month return on equity of 7.20%. General Electric's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.57 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 Wednesday, November 30th. Shareholders of record on Thursday, December 15th will be given a dividend of $0.08 per share on Wednesday, January 25th. This represents a $0.32 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date is Wednesday, December 14th.
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 0.37%.
Read our dividend analysis for GE.

When did General Electric's stock split?

General Electric's stock 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.

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

General Electric updated its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $2.40-$2.80 for the period, compared to the consensus EPS estimate of $2.63. 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."

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. (7.88%), BlackRock Inc. (6.02%), Price T Rowe Associates Inc. MD (5.44%), State Street Corp (3.78%), Pzena Investment Management LLC (1.26%) and Bank of New York Mellon Corp (0.90%). Insiders that own company stock include Edward P Garden, Electric Co General, H Lawrence Culp Jr, John S Slattery, Leslie Seidman, Paula Rosput Reynolds and Trian Fund Management, LP.
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 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 $86.88.

How much money does General Electric make?

General Electric (NYSE:GE) has a market capitalization of $94.93 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 ($5.53) on an earnings per share basis.

How many employees does General Electric have?

The company employs 168,000 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 (617) 443-3000, via email at investor@ge.com, or via fax at 203-373-3131.

This page (NYSE:GE) was last updated on 12/5/2022 by MarketBeat.com Staff