About General Electric Company (NYSE:GE)
General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power, which includes products and services related to energy production; Renewable Energy, which offers renewable power sources; Oil & Gas, including liquefied natural gas and pipelines; Aviation, which includes commercial and military aircraft engines, and integrated digital components, among others; Healthcare, which provides healthcare technologies in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery, among others; Transportation, which is a supplier to the railroad, mining, marine, stationary power and drilling industries; Energy Connections & Lighting, which includes Energy Connections and Lighting businesses, and Capital, which is a financial services division.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Industrial Conglomerates
- Sub-Industry: Industrial Conglomerates
- Symbol: NYSE:GE
- CUSIP: 36960410
- Web: www.ge.com
- Market Cap: $1.62 billion
- Outstanding Shares: 68,011,000
- 50 Day Moving Avg: $24.11
- 200 Day Moving Avg: $26.55
- 52 Week Range: $22.10 - $32.38
Sales & Book Value:
- Trailing P/E Ratio: 29.03
- Foreward P/E Ratio: 14.71
- P/E Growth: 1.65
- Annual Revenue: $118.85 billion
- Price / Sales: 0.01
- Book Value: $8.56 per share
- Price / Book: 2.78
- Annual Dividend: $0.96
- Dividend Yield: 4.1%
- EBITDA: $17.92 billion
- Net Margins: 5.38%
- Return on Equity: 10.18%
- Return on Assets: 1.97%
- Debt-to-Equity Ratio: 1.37%
- Current Ratio: 1.85%
- Quick Ratio: 1.56%
- Average Volume: 45.84 million shs.
- Beta: 1.19
- Short Ratio: 2.36
Frequently Asked Questions for General Electric Company (NYSE:GE)
What is General Electric Company's stock symbol?
General Electric Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "GE."
How often does General Electric Company pay dividends? What is the dividend yield for General Electric Company?
General Electric Company announced a quarterly dividend on Thursday, September 7th. Investors of record on Monday, September 18th will be given a dividend of $0.24 per share on Wednesday, October 25th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Friday, September 15th. View General Electric Company's Dividend History.
How were General Electric Company's earnings last quarter?
General Electric Company (NYSE:GE) released its quarterly earnings data on Friday, October, 20th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.20. The company earned $33.47 billion during the quarter, compared to the consensus estimate of $32.51 billion. General Electric Company had a net margin of 5.38% and a return on equity of 10.18%. The business's revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 EPS. View General Electric Company's Earnings History.
When will General Electric Company make its next earnings announcement?
What guidance has General Electric Company issued on next quarter's earnings?
General Electric Company issued an update on its FY17 earnings guidance on Friday, October, 20th. The company provided earnings per share (EPS) guidance of $1.05-1.10 for the period, compared to the Thomson Reuters consensus estimate of $1.53.
Where is General Electric Company's stock going? Where will General Electric Company's stock price be in 2017?
19 brokers have issued 1-year target prices for General Electric Company's shares. Their predictions range from $20.00 to $38.00. On average, they expect General Electric Company's stock price to reach $28.13 in the next twelve months. View Analyst Ratings for General Electric Company.
What are analysts saying about General Electric Company stock?
Here are some recent quotes from research analysts about General Electric Company stock:
- 1. Cowen and Company analysts commented, "Street Q4 Industrial EBIT ests are below GE’s implied guide ($6.2B+), but still are too." (8/7/2017)
- 2. J P Morgan Chase & Co analysts commented, "as open and undefined as it's been in decades."Jeffrey Immelt's announcement in early June that he will be stepping down as CEO was "unexpectedly early" and Steve Bolze's decision to step down as head of GE Power signals the unit's "fundamentals are weaker than expected." In the meantime, GE is expected to post a "relatively weak" second quarter on rolling free cash flow that won't be enough to dispel related concerns and may result in operating cuts.So Now What?Moving forward, GE's new management team led by its CEO John Flannery will need to control the narrative on four different fronts and set a new agenda regarding:Earnings per share and free cash flow outlook.Potential restructuring.Capital allocation.Portfolio priorities.These four categories will measure GE's "true level of change" (7/6/2017)
- 3. Royal Bank Of Canada analysts commented, "Outperform-rated GE will host an analyst meeting on its Power (21% of revenues) and Renewable Energy (7%) segments on Mar-8 in NYC. Key topics will likely include an update on the 4Q16 order pushouts, progress on the H-turbine launch and cost curve, and the Alstom integration. GE may also provide more specifics on the pending revenue recognition changes. Overall, we're not expecting any stockmoving news." (3/6/2017)
- 4. UBS AG analysts commented, "Industrial revenues were ~5% below our estimate for 4Q and industrial operating profit missed our estimate by $0.03. Industrial operating margin ex-Alstom of 17.3% missed our estimate by 230bps. Power and Renewables margins were down 150bps and 160 bps, respectively, vs. our estimates for y/y improvement. In Power, H turbine and BOP mix were factors as well as push-outs into 2017 while in renewables NPI investment and pricing appear to be factors. As $300-$400M of 2016 H turbine headwind eases in Power and the new wind turbines get volume leverage in Renewables, we expect margin improvement in these segments in 2017, but the finish to 2016 was disappointing and sets a lower base. GE continues to expect ~100bps of margin expansion in 2017 and 2018 with ~50bps from current cost actions and spending levelling on large programs (i.e. H turbine, LEAP, new wind turbines) and ~50bps from incremental cost actions including digitization, integration learnings, and additive." (1/23/2017)
Are investors shorting General Electric Company?
General Electric Company saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 125,747,148 shares, an increase of 2.2% from the September 15th total of 123,051,728 shares. Based on an average daily trading volume, of 43,900,663 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.5% of the shares of the company are short sold.
Who are some of General Electric Company's key competitors?
Some companies that are related to General Electric Company include BBA Aviation plc (BBA), Electrocomponents plc (ECM), Azul SA (AZUL), On Assignment (ASGN), Spectris plc (SXS), Cobham plc (COB), Paysafe Group Plc (PAYS), Hays plc (HAS), BEST (BSTI), Spirit Airlines Incorporated (SAVE), Lifelock (LOCK), Aggreko plc (AGK), Rotork p.l.c. (ROR), Advanced Disposal Services (ADSW), Berendsen PLC (BRSN), Wizz Air Holdings PLC (WIZZ), Balfour Beatty plc (BBY) and National Express Group PLC (NEX).
Who are General Electric Company's key executives?
General Electric Company's management team includes the folowing people:
- John Leonard Flannery Jr., Chairman of the Board, Chief Executive Officer
- Jeffrey S. Bornstein, Vice Chairman of the Board
- Elizabeth J. Comstock, Vice Chairman - Business Innovations
- David L. Joyce, Vice Chairman of General Electric Company,President & CEO, GE Aviation
- John G. Rice, Vice Chairman of General Electric Company, President & Chief Executive Officer - Global Growth & Operations
- Kieran Pius Murphy, President & Chief Executive Officer of GE Healthcare, Senior Vice President, GE
- Alexander Dimitrief, Senior Vice President, General Counsel, Secretary
- Susan P. Peters, Senior Vice President - Human Resources
- Jan R. Hauser, Chief Accounting Officer, Vice President, Controller
- John J. Brennan, Lead Independent Director
Who owns General Electric Company stock?
General Electric Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.25%), APG Asset Management N.V. (0.19%), State Treasurer State of Michigan (0.03%), Hermes Investment Management Ltd. (0.03%), Shell Asset Management Co. (0.02%) and Ingalls & Snyder LLC (0.01%). Company insiders that own General Electric Company stock include Alexander Dimitrief, David Leon Joyce, Elizabeth J Comstock, James E Rohr, James S Tisch, Jeffrey R Immelt, Jeffrey S Bornstein, John Leonard Flannery, Marijn E Dekkers and William G Beattie. View Institutional Ownership Trends for General Electric Company.
Who sold General Electric Company stock? Who is selling General Electric Company stock?
General Electric Company's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Sabal Trust CO, Inverness Counsel LLC NY, Private Asset Management Inc., State Treasurer State of Michigan, Beacon Financial Group, Bridges Investment Counsel Inc. and Douglas Lane & Associates LLC. Company insiders that have sold General Electric Company stock in the last year include David Leon Joyce and Elizabeth J Comstock. View Insider Buying and Selling for General Electric Company.
Who bought General Electric Company stock? Who is buying General Electric Company stock?
General Electric Company's stock was acquired by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., Fisher Asset Management LLC, Shell Asset Management Co., Pensionfund DSM Netherlands, Pensionfund Sabic, Shikiar Asset Management Inc., Edge Wealth Management LLC and Summit X LLC. Company insiders that have bought General Electric Company stock in the last two years include Alexander Dimitrief, James E Rohr, James S Tisch, Jeffrey R Immelt, Jeffrey S Bornstein, John Leonard Flannery, Marijn E Dekkers and William G Beattie. View Insider Buying and Selling for General Electric Company.
How do I buy General Electric Company stock?
Shares of General Electric Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is General Electric Company's stock price today?
MarketBeat Community Rating for General Electric Company (NYSE GE)MarketBeat's community ratings are surveys of what our community members think about General Electric Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of General Electric Company stock can currently be purchased for approximately $23.83.
Consensus Ratings for General Electric Company (NYSE:GE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 8 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.37)|
|Consensus Price Target: ||$28.13 (18.06% upside)|Consensus Price Target History for General Electric Company (NYSE:GE)
Analysts' Ratings History for General Electric Company (NYSE:GE)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Cowen and Company||Reiterated Rating||Hold||$24.00||N/A|
|10/19/2017||J P Morgan Chase & Co||Reiterated Rating||Sell||N/A|
|10/17/2017||Goldman Sachs Group, Inc. (The)||Set Price Target||Hold||$23.00||N/A|
|10/12/2017||Stifel Nicolaus||Reiterated Rating||Buy||$26.00||N/A|
|10/5/2017||Credit Suisse Group||Reiterated Rating||Outperform||$33.00 -> $30.00||N/A|
|10/2/2017||Morgan Stanley||Lower Price Target||Equal -> Equal Weight||$26.00 -> $25.00||Low|
|9/18/2017||Argus||Lower Price Target||Buy||$30.00 -> $27.00||High|
|9/15/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$31.00||Low|
|9/11/2017||Deutsche Bank AG||Reiterated Rating||Sell||$24.00 -> $21.00||Low|
|7/24/2017||Citigroup Inc.||Reiterated Rating||Buy||$34.00 -> $31.00||Low|
|6/29/2017||Standpoint Research||Upgrade||Sell -> Hold||$24.00||Low|
|6/14/2017||CIBC||Reiterated Rating||Market Perform||Medium|
|6/14/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||Low|
|6/13/2017||Bank of America Corporation||Reiterated Rating||Neutral||$31.00||Low|
|4/1/2017||William Blair||Reiterated Rating||Buy||Low|
|3/23/2017||BMO Capital Markets||Reiterated Rating||Hold||Low|
|3/20/2017||Barclays PLC||Reiterated Rating||Overweight||$36.00||Low|
|2/24/2017||Sanford C. Bernstein||Set Price Target||Buy||$38.00||N/A|
|12/16/2016||Daiwa Capital Markets||Upgrade||Hold -> Outperform||N/A|
|4/26/2016||Independent Research GmbH||Set Price Target||Buy||$37.00||N/A|
|4/4/2016||Berenberg Bank||Downgrade||Buy -> Hold||$33.00 -> $34.00||N/A|
|1/25/2016||Societe Generale||Set Price Target||Neutral||$30.00||N/A|
Earnings History for General Electric Company (NYSE:GE)Earnings History by Quarter for General Electric Company (NYSE GE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/20/2017||Q3 2017||$0.49||$0.29||$32.51 billion||$33.47 billion||View||N/A|
|7/21/2017||Q2 2017||$0.25||$0.28||$29.07 billion||$29.56 billion||View||N/A|
|4/21/2017||Q1 2017||$0.17||$0.21||$26.37 billion||$27.66 billion||View||N/A|
|1/20/2017||Q416||$0.46||$0.46||$33.67 billion||$33.10 billion||View||N/A|
|10/21/2016||Q316||$0.32||$0.32||$29.64 billion||$29.30 billion||View||N/A|
|7/22/2016||Q216||$0.46||$0.51||$31.76 billion||$33.49 million||View||Listen|
|4/22/2016||Q116||$0.19||$0.21||$27.67 billion||$27.60 billion||View||Listen|
|1/22/2016||Q415||$0.50||$0.52||$35.92 billion||$33.89 billion||View||N/A|
|10/16/2015||Q315||$0.26||$0.32||$28.67 billion||$31.68 billion||View||Listen|
|7/17/2015||Q215||$0.28||$0.31||$28.70 billion||$32.80 billion||View||Listen|
|4/17/2015||Q115||$0.30||$0.31||$34.27 billion||$29.40 billion||View||N/A|
|1/23/2015||Q414||$0.55||$0.56||$42.20 billion||$42.00 billion||View||N/A|
|10/17/2014||Q314||$0.37||$0.38||$36.80 billion||$36.20 billion||View||Listen|
|7/18/2014||Q214||$0.39||$0.39||$36.31 billion||$36.20 billion||View||Listen|
|4/17/2014||Q114||$0.32||$0.33||$34.45 billion||$34.18 billion||View||Listen|
|1/17/2014||Q413||$0.53||$0.53||$40.22 billion||$40.40 billion||View||N/A|
|10/18/2013||Q313||$0.37||$0.36||$38.84 billion||$35.70 billion||View||N/A|
|7/19/2013||Q2 2013||$0.36||$0.36||$35.58 billion||$35.12 billion||View||N/A|
|4/19/2013||Q1 2013||$0.35||$0.39||$34.70 billion||$35.01 billion||View||Listen|
|1/18/2013||Q4 2012||$0.43||$0.44||$38.71 billion||$39.30 billion||View||Listen|
Earnings Estimates for General Electric Company (NYSE:GE)
2017 EPS Consensus Estimate: $1.56
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for General Electric Company (NYSE:GE)
|Dividend Growth:||6.60% (3 Year Average)|
|Payout Ratio:||120.00% (Trailing 12 Months of Earnings) |
62.75% (Based on This Year's Estimates)
59.26% (Based on Next Year's Estimates)
Dividend History by Quarter for General Electric Company (NYSE GE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for General Electric Company (NYSE:GE)
Insider Ownership Percentage: 0.36%Insider Trades by Quarter for General Electric Company (NYSE:GE)
Institutional Ownership Percentage: 54.67%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/22/2017||James S Tisch||Director||Buy||100,000||$24.56||$2,456,000.00|| |
|8/9/2017||Elizabeth J Comstock||Vice Chairman||Sell||24,693||$25.65||$633,375.45|| |
|8/8/2017||John Leonard Flannery||CEO||Buy||103,983||$25.56||$2,657,805.48|| |
|7/24/2017||Alexander Dimitrief||Insider||Buy||1,845||$25.54||$47,121.30|| |
|7/24/2017||James E Rohr||Director||Buy||27,425||$25.50||$699,337.50|| |
|5/17/2017||William G Beattie||Director||Buy||4,000||$27.70||$110,800.00|| |
|5/15/2017||Jeffrey R Immelt||Chairman||Buy||100,000||$28.07||$2,807,000.00|| |
|5/15/2017||William G Beattie||Director||Buy||16,000||$28.05||$448,800.00|| |
|4/24/2017||Marijn E Dekkers||Director||Buy||20,000||$29.90||$598,000.00|| |
|2/3/2017||David Leon Joyce||Vice Chairman||Sell||159,662||$29.56||$4,719,608.72|| |
|1/31/2017||Jeffrey S Bornstein||Insider||Buy||5,000||$29.63||$148,150.00|| |
|1/23/2017||Alexander Dimitrief||Insider||Buy||231||$30.50||$7,045.50|| |
|11/9/2016||Jeffrey R Immelt||Chairman||Buy||50,000||$29.24||$1,462,000.00|| |
|7/26/2016||Jeffrey R Immelt||Chairman||Buy||50,000||$31.45||$1,572,500.00|| |
|5/20/2016||Jeffrey R Immelt||CEO||Buy||67,600||$29.59||$2,000,284.00|| |
|4/25/2016||Alexander Dimitrief||SVP||Buy||105||$30.51||$3,203.55|| |
|2/4/2016||Jeffrey S. Bornstein||SVP||Sell||168,313||$28.91||$4,865,928.83|| |
|2/1/2016||Alexander Dimitrief||SVP||Buy||30,612||$29.00||$887,748.00|| |
|1/25/2016||Alexander Dimitrief||SVP||Buy||65,272||$28.04||$1,830,226.88|| |
|4/30/2015||Mary L Schapiro||Director||Buy||7,000||$27.22||$190,540.00|| |
|4/22/2015||Marijn E Dekkers||Director||Buy||20,000||$26.93||$538,600.00|| |
|4/20/2015||James E Rohr||Director||Buy||20,000||$27.15||$543,000.00|| |
|2/19/2015||William G Beattie||Director||Buy||400,000||$25.00||$10,000,000.00|| |
|2/18/2015||William G Beattie||Director||Buy||400,000||$25.24||$10,096,000.00|| |
|11/26/2014||Elizabeth J Comstock||SVP||Sell||18,500||$26.82||$496,170.00|| |
|7/23/2014||William G Beattie||Director||Buy||10,000||$26.01||$260,100.00|| |
|3/3/2014||Jeffrey Immelt||CEO||Buy||104,900||$25.19||$2,642,431.00|| |
|1/27/2014||Jeffrey Immelt||CEO||Buy||40,000||$25.04||$1,001,600.00|| |
|1/24/2014||William Beattie||Director||Buy||2,000||$25.47||$50,940.00|| |
|1/21/2014||James Rohr||Director||Buy||10,000||$26.18||$261,800.00|| |
|11/21/2013||William Beattie||Director||Buy||5,000||$26.88||$134,400.00|| |
|11/20/2013||James Cash, Jr.||Director||Sell||7,000||$27.00||$189,000.00|| |
|7/22/2013||Elizabeth J Comstock||SVP||Sell||49,300||$24.87||$1,226,091.00|| |
|4/24/2013||William G Beattie||Director||Buy||10,000||$21.80||$218,000.00|| |
|10/26/2012||John Joseph Brennan||Director||Buy||5,000||$21.20||$106,000.00|| |
|8/8/2012||John Krenicki||Chairman||Sell||179,693||$21.04||$3,780,740.72|| |
Headline Trends for General Electric Company (NYSE:GE)
Latest Headlines for General Electric Company (NYSE:GE)
Loading headlines, please wait.
General Electric Company (GE) Chart for Sunday, October, 22, 2017