NYSE:GE - General 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 16.0% and is now trading at $6.90. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 5 hold ratings and 7 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, April 29th 2020. View our earnings forecast for General Electric.

General Electric will be holding an earnings conference call on Wednesday, April 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 results on Wednesday, January, 29th. The conglomerate reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The conglomerate earned $26.24 billion during the quarter, compared to analysts' expectations of $25.77 billion. General Electric had a positive return on equity of 14.12% and a negative net margin of 4.71%. The company's quarterly revenue was down 1.0% on a year-over-year basis. During the same period last year, the company earned $0.17 earnings per share. View General Electric's earnings history.

General Electric declared a quarterly dividend on Friday, February 14th. Investors of record on Monday, March 9th will be given a dividend of $0.01 per share on Monday, April 27th. This represents a $0.04 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, March 6th. View General Electric's dividend history.

General Electric updated its FY20 earnings guidance on Wednesday, March, 4th. The company provided earnings per share (EPS) guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.59.

12 brokers have issued 12-month target prices for General Electric's shares. Their forecasts range from $8.00 to $16.00. On average, they anticipate General Electric's share price to reach $11.38 in the next year. This suggests a possible upside of 64.9% from the stock's current price. View analysts' price targets for General Electric.

Media headlines about GE stock have trended very negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. General Electric earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutGeneral Electric.

General Electric saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 82,680,000 shares, a drop of 6.9% from the February 13th total of 88,830,000 shares. Based on an average daily volume of 65,840,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.0% of the company's stock 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).

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), Verizon Communications (VZ), Ford Motor (F), Intel (INTC) and JPMorgan Chase & Co. (JPM).

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

General Electric's stock is owned by many different retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.01%), Cullinan Associates Inc. (0.00%), Cacti Asset Management LLC (0.00%), Neville Rodie & Shaw Inc. (0.00%), First Financial Bank Trust Division (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own General Electric stock include Alexander Dimitrief, Edward P Garden, Electric Co General, 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, Cullinan Associates Inc., First Financial Bank Trust Division, and Neville Rodie & Shaw Inc.. View insider buying and selling activity for General Electric.

GE stock was purchased by a variety of institutional investors in the last quarter, including Cacti Asset Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Private Asset Management Inc.. 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 $6.90.

General Electric has a market capitalization of $60.32 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. View additional information about General Electric.

The official website for General Electric is http://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]