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Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Sell every Stock except ONE (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Sell every Stock except ONE (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Sell every Stock except ONE (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Sell every Stock except ONE (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Sell every Stock except ONE (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Sell every Stock except ONE (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NYSE:GE

General Electric - GE Stock Forecast, Price & News

$61.91
-0.82 (-1.31%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$61.88
$63.29
50-Day Range
$61.91
$81.07
52-Week Range
$59.93
$116.17
Volume
7.92 million shs
Average Volume
6.37 million shs
Market Capitalization
$67.89 billion
P/E Ratio
N/A
Dividend Yield
0.51%
Price Target
$99.15

General Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
60.2% Upside
$99.15 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.35mentions of General Electric in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
62.77%
From $2.74 to $4.46 Per Share

Overall MarketRank

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

2.72 out of 5 stars

Multi-Sector Conglomerates Sector

5th 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

Union, GE reach deal on raises at Massachusetts plant
The largest union representing General Electric Co. workers says it's reached a tentative deal with the company to speed up pay raises for workers at a Massachusetts aviation plant
Union, GE reach deal for faster raises at New England plants
The largest union representing General Electric Co. workers says it's reached a tentative deal with the company to speed up pay raises for workers at a Massachusetts aviation plant
General Electric: Almost Reached 'Buy' Status But Not Yet
Is Trending Stock General Electric Company (GE) a Buy Now?
Why Shares in General Electric Bucked the Market Today
GE General Electric Company
Ex-Div Reminder for General Electric (GE)
See More Headlines
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GE Company Calendar

Ex-Dividend for 7/25 Dividend
6/27/2022
Dividend Payable
7/25/2022
Last Earnings
7/26/2022
Ex-Dividend for 10/25 Dividend
9/26/2022
Today
10/02/2022
Dividend Payable
10/25/2022
Next Earnings (Confirmed)
10/25/2022
Fiscal Year End
12/31/2022

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
$99.15
High Stock Price Forecast
$136.00
Low Stock Price Forecast
$73.00
Forecasted Upside/Downside
+60.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$-6,520,000,000.00
Pretax Margin
-4.91%

Debt

Sales & Book Value

Annual Sales
$74.20 billion
Cash Flow
$5.00 per share
Book Value
$37.86 per share

Miscellaneous

Outstanding Shares
1,096,550,000
Free Float
1,088,877,000
Market Cap
$67.89 billion
Optionable
Optionable
Beta
1.09

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?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last twelve months. There are currently 2 hold ratings and 10 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 2022?

12 brokerages have issued 12-month price targets for General Electric's stock. Their GE share price forecasts range from $73.00 to $136.00. On average, they expect the company's stock price to reach $99.15 in the next twelve months. This suggests a possible upside of 60.2% 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 start of the year. Since then, GE shares have decreased by 34.5% and is now trading at $61.91.
View the best growth stocks for 2022 here
.

When is General Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our GE earnings forecast
.

How can I listen to General Electric's earnings call?

General Electric will be holding an earnings conference call on Tuesday, October 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were General Electric's earnings last quarter?

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 positive trailing twelve-month return on equity of 7.50% and a negative net margin of 5.94%. The company's revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS.
Read the conference call transcript
.

How often does General Electric pay dividends? What is the dividend yield for General Electric?

General Electric announced a quarterly dividend on Friday, September 9th. Stockholders of record on Tuesday, September 27th will be paid a dividend of $0.08 per share on Tuesday, October 25th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Monday, September 26th.
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 0.51%.
Read our dividend analysis for GE.

When did General Electric's stock split?

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 stock prior to the reverse split would have 13 shares after the split.

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."

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 $61.91.

How much money does General Electric make?

General Electric (NYSE:GE) has a market capitalization of $67.89 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.

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 10/2/2022 by MarketBeat.com Staff

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