NYSE:GEGeneral Electric Stock Price, Forecast & 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 decreased by 17.7% and is now trading at $6.76. 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) posted its quarterly earnings data on Wednesday, April, 29th. The conglomerate reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.03. The conglomerate had revenue of $20.52 billion for 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 company's revenue for the quarter was down 24.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.12 EPS. View General Electric's earnings history.

General Electric announced a quarterly dividend on Friday, June 19th. Shareholders 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 dividend yield of 0.59%. The ex-dividend date is Friday, June 26th. View General Electric's dividend history.

General Electric updated its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 9th. The company provided EPS guidance of 0.10 for the period, compared to the Thomson Reuters consensus estimate of $0.10.

15 analysts have issued 1-year target prices for General Electric's stock. Their forecasts range from $5.00 to $13.00. On average, they expect General Electric's share price to reach $9.30 in the next year. This suggests a possible upside of 37.6% from the stock's current price. View analysts' price targets for General Electric.

News stories about GE stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. General Electric earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news articles about the conglomerate a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about General Electric.

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

Some companies that are related to General Electric include Siemens (SIEGY), Koninklijke Philips (PHG), Emerson Electric (EMR), Legrand (LGRVF), Peloton (PTON) 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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), Park National Corp OH (0.01%), Anderson Hoagland & Co. (0.00%), Cacti Asset Management LLC (0.00%), Woodstock Corp (0.00%) and Farmers Trust Co. (0.00%). 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, HNP Capital LLC, Municipal Employees Retirement System of Michigan, Stonebridge Capital Management Inc., First PREMIER Bank, First Financial Bank Trust Division, Farmers Trust Co., and Boltwood Capital Management. View insider buying and selling activity for General Electric.

GE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cacti Asset Management LLC, Diversified Trust Co, Wiley BROS. Aintree Capital LLC, Santori & Peters Inc., Woodstock Corp, Red Door Wealth Management LLC, and Anderson Hoagland & Co.. 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 $6.76.

General Electric has a market capitalization of $59.13 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]