General Electric Stock Forecast, Price & News

General Electric's stock was trading at $8.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GE stock has increased by 26.7% and is now trading at $10.40.
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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 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for General Electric.

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General Electric is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for General Electric.

General Electric (NYSE:GE) released its quarterly earnings results on Wednesday, October, 28th. The conglomerate reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.10. The conglomerate earned $19.42 billion during the quarter, compared to the consensus estimate of $19.15 billion. General Electric had a return on equity of 5.37% and a net margin of 4.52%. During the same period last year, the company earned $0.15 EPS.
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 yield of 0.38%. The ex-dividend date is Friday, September 25th.
View General Electric's dividend history.

15 brokers have issued 1 year price targets for General Electric's shares. Their forecasts range from $5.00 to $12.00. On average, they anticipate General Electric's stock price to reach $9.46 in the next year. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for General Electric.

General Electric saw a decline in short interest during the month of October. As of October 30th, there was short interest totaling 81,660,000 shares, a decline of 16.4% from the October 15th total of 97,700,000 shares. Based on an average daily trading volume, of 104,740,000 shares, the short-interest ratio is presently 0.8 days. Currently, 0.9% of the company's shares are sold short.
View General Electric's Short Interest.

Some companies that are related to General Electric include Siemens Aktiengesellschaft (SIEGY), Koninklijke Philips (PHG), Emerson Electric (EMR), Peloton Interactive (PTON), Otis Worldwide (OTIS), 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 The 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.44%), State Street Corp (4.01%), Pzena Investment Management LLC (1.02%), Charles Schwab Investment Management Inc. (0.50%), Southeastern Asset Management Inc. TN (0.43%) and Platinum Investment Management Ltd. (0.39%). Company insiders that own General Electric stock include Edward P Garden, 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 Arrowstreet Capital Limited Partnership, Natixis, Nuveen Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Charles Schwab Investment Management Inc., Letko Brosseau & Associates Inc., and Allen Investment Management LLC. 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 Pzena Investment Management LLC, Allianz Asset Management GmbH, State Street Corp, Southeastern Asset Management Inc. TN, AQR Capital Management LLC, First Trust Advisors LP, Neuberger Berman Group LLC, and UBS Asset Management Americas Inc.. Company insiders that have bought General Electric stock in the last two years include 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 $10.40.

General Electric has a market capitalization of $91.10 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]