General Electric - GE Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GE shares.
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13 Wall Street analysts have issued 12-month target prices for General Electric's shares. Their GE stock forecasts range from $73.00 to $136.00. On average, they anticipate the company's stock price to reach $103.21 in the next year. This suggests a possible upside of 37.4% from the stock's current price.
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General Electric's stock was trading at $94.47 on January 1st, 2022. Since then, GE shares have decreased by 20.5% and is now trading at $75.13.
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General Electric saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 12,400,000 shares, a decline of 19.9% from the June 15th total of 15,490,000 shares. Based on an average daily trading volume, of 6,990,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the company's shares are short sold.
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General Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our GE earnings forecast.

General Electric (NYSE:GE) released its earnings results on Tuesday, July, 26th. The conglomerate reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.40. The conglomerate earned $18.65 billion during the quarter, compared to analyst estimates 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%. General Electric's revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.40 earnings per share.
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General Electric declared a quarterly dividend on Friday, June 17th. Investors of record on Tuesday, June 28th will be paid a dividend of $0.08 per share on Monday, July 25th. This represents a $0.32 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Monday, June 27th.
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 0.43%.
Read our dividend analysis for GE.

General Electric's stock reverse split 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.

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 many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (1.19%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), New York State Teachers Retirement System (0.12%), State Board of Administration of Florida Retirement System (0.11%), TD Asset Management Inc. (0.09%) and SG Americas Securities LLC (0.00%). Insiders that own company stock include Edward P Garden, Electric Co General, H Lawrence Culp Jr, John S Slattery, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Scott Strazik, Thomas S Timko, Thomas W Horton 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 $75.13.

General Electric (NYSE:GE) has a market capitalization of $82.38 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.

General Electric employs 168,000 workers across the globe.

General Electric was founded in 1892.

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.