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 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.

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.

General Electric Company is scheduled to release their next quarterly earnings announcement on Friday, January, 19th 2018. View Earnings Estimates for General Electric Company.

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.

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.

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)

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.

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).

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

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.

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.

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.

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 $23.83.