General Electric Company Company Profile (NYSE:GE)

General Electric Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "GE."

General Electric Company declared 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 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Friday, September 15th. View General Electric Company's Dividend History.

General Electric Company (NYSE:GE) released its quarterly earnings data on Friday, July, 21st. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.03. The business earned $29.56 billion during the quarter, compared to the consensus estimate of $29.07 billion. General Electric Company had a net margin of 6.45% and a return on equity of 14.59%. The company's revenue was down 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. View General Electric Company's Earnings History.

General Electric Company is scheduled to release their next quarterly earnings announcement on Friday, October, 20th 2017. View Earnings Estimates for General Electric Company.

General Electric Company issued an update on its FY17 earnings guidance on Friday, July, 21st. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.62.

19 brokerages have issued 1 year target prices for General Electric Company's shares. Their predictions range from $21.00 to $38.00. On average, they expect General Electric Company's share price to reach $28.93 in the next year. View Analyst Ratings for General Electric Company.

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. According to Zacks Investment Research, "Although General Electric is taking prudent steps to limit its financial exposure by divesting GE Capital assets, it is still susceptible to various market risks. Furthermore, for a company as large as General Electric, the additional revenues needed for growth are quite large, posing a challenge in developing businesses on such a vast scale. Significant order backlog, high operating risks related to the Brexit referendum and foreign currency volatility remain other headwinds. Volatility in oil prices has affected profitability and has undermined its growth potential to some extent. The company has also underperformed the industry in the last three months on macroeconomic woes. However, General Electric has more or less completed its GE Capital exit plan about one year ahead of the schedule and has replaced the CEO to fuel its growth engine. The company has also inked an agreement with the Department of Justice for closing the Baker Hughes deal." (6/21/2017)
• 4. 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)
• 5. 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)

General Electric Company saw a increase in short interest in August. As of August 31st, there was short interest totalling 100,047,185 shares, an increase of 5.3% from the August 15th total of 105,639,708 shares. Based on an average trading volume of 32,412,498 shares, the short-interest ratio is currently 3.1 days. Currently, 1.2% of the company's shares are sold short.

Some companies that are related to General Electric Company include 3M Company (MMM), Honeywell International (HON), E I Du Pont De Nemours And Co (DD), Illinois Tool Works (ITW), Carlisle Companies Incorporated (CSL), Smiths Group plc (SMIN), Trinity Industries (TRN), Raven Industries (RAVN), FIH Group PLC (FKL) and Icahn Enterprises L.P. (IEP).

General Electric Company's management team includes the folowing people:

• Jeffrey R. Immelt, Chairman of the Board
• John L. Flannery Jr., Chairman of the Board, Chief Executive Officer
• Jeffrey S. Bornstein, Vice Chairman of the Board, Chief Financial Officer
• 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

General Electric Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (882.56%), BlackRock Inc. (760.64%), State Street Corp (505.82%), Capital World Investors (207.79%), FMR LLC (186.34%) and Northern Trust Corp (168.05%). 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.

General Electric Company's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Bank of New York Mellon Corp, Eaton Vance Management, Ameriprise Financial Inc., UBS Asset Management Americas Inc., Northern Trust Corp, Alliancebernstein L.P. and FMR 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.

General Electric Company's stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., BlackRock Inc., Capital Research Global Investors, Boston Partners, Arrowstreet Capital Limited Partnership, Capital World Investors, Harris Associates L P and Lazard Asset Management 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.

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.

One share of General Electric Company stock can currently be purchased for approximately $24.87.