NYSE:GEGeneral Electric Stock Price, Forecast & News

General Electric's stock was trading at $8.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GE shares have decreased by 18.8% and is now trading at $6.67. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for General Electric.

General Electric is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for General Electric.

General Electric will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

General Electric (NYSE:GE) issued its quarterly earnings data on Wednesday, April, 29th. The conglomerate reported $0.05 EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.03. The conglomerate earned $20.52 billion during the quarter, compared to the consensus estimate of $20.34 billion. General Electric had a positive return on equity of 13.66% and a negative net margin of 2.39%. The firm's revenue was down 24.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 earnings per share. View General Electric's earnings history.

General Electric declared a quarterly dividend on Friday, June 19th. Investors of record on Monday, June 29th will be given a dividend of $0.01 per share on Monday, July 27th. This represents a $0.04 annualized dividend and a yield of 0.60%. The ex-dividend date is Friday, June 26th. View General Electric's dividend history.

15 analysts have issued 1 year price objectives for General Electric's stock. Their forecasts range from $5.00 to $13.00. On average, they anticipate General Electric's stock price to reach $9.30 in the next year. This suggests a possible upside of 39.4% from the stock's current price. View analysts' price targets for General Electric.

Media stories about GE stock have trended very negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. General Electric earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the conglomerate a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about General Electric.

General Electric saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 111,820,000 shares, a decrease of 25.3% from the May 31st total of 149,790,000 shares. Based on an average daily trading volume, of 121,690,000 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.3% of the company's shares are short sold. View General Electric's Current Options Chain.

Some companies that are related to General Electric include Siemens (SIEGY), Koninklijke Philips (PHG), Emerson Electric (EMR), Peloton (PTON), Legrand (LGRVF) and Sharp (SHCAY). View all competitors.

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 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 a number of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (0.02%), State of Alaska Department of Revenue (0.02%), Envestnet Asset Management Inc. (0.01%), Park National Corp OH (0.01%), Whittier Trust Co. of Nevada Inc. (0.01%) and Moody National Bank Trust Division (0.01%). Company insiders that own General Electric stock include Alexander Dimitrief, Edward P Garden, Francisco Dsouza, H Lawrence Culp Jr, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Russell Stokes, Scott Strazik, Thomas S Timko and Thomas W Horton. View institutional ownership trends for General Electric.

GE stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, IFM Investors Pty Ltd, HNP Capital LLC, Whittier Trust Co. of Nevada Inc., Exane Derivatives, Municipal Employees Retirement System of Michigan, FLC Capital Advisors, and Clarius Group LLC. View insider buying and selling activity for General Electric.

GE stock was bought by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Envestnet Asset Management Inc., DNB Asset Management AS, Canandaigua National Corp, Xcel Wealth Management LLC, State of Alaska Department of Revenue, Acorn Financial Advisory Services Inc. ADV, and Cacti Asset Management LLC. Company insiders that have bought General Electric stock in the last two years include Alexander Dimitrief, Francisco Dsouza, 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 $6.67.

General Electric has a market capitalization of $58.34 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]