General Electric - GE Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GE shares.
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11 Wall Street research analysts have issued 1 year price objectives for General Electric's shares. Their GE share price forecasts range from $50.00 to $104.00. On average, they predict the company's stock price to reach $87.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
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General Electric's stock was trading at $83.79 at the beginning of 2023. Since then, GE shares have decreased by 1.8% and is now trading at $82.32.
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General Electric saw a increase in short interest in January. As of January 15th, there was short interest totaling 15,870,000 shares, an increase of 34.9% from the December 31st total of 11,760,000 shares. Based on an average daily trading volume, of 6,880,000 shares, the short-interest ratio is currently 2.3 days. Approximately 1.5% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our GE earnings forecast.

General Electric (NYSE:GE) announced its earnings results on Tuesday, January, 24th. The conglomerate reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.13. The conglomerate earned $21.79 billion during the quarter, compared to the consensus estimate of $22.11 billion. General Electric had a trailing twelve-month return on equity of 8.47% and a net margin of 0.29%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS.
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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 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for GE.

General Electric (NYSE:GE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.40%.
Read our dividend analysis for GE.

General Electric shares 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 closing bell 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 updated its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of $0.10-$0.15 for the period, compared to the consensus earnings per share estimate of $0.19. 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 a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.28%), New York State Common Retirement Fund (0.22%), New York State Teachers Retirement System (0.12%), International Assets Investment Management LLC (0.11%), Douglas Lane & Associates LLC (0.09%) and State of New Jersey Common Pension Fund D (0.06%). 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.
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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 $82.32.

General Electric (NYSE:GE) has a market capitalization of $89.95 billion and generates $76.56 billion in revenue each year. The conglomerate earns $225 million in net income (profit) each year or ($0.03) on an earnings per share basis.

The company employs 168,000 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.