General Electric Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" General Electric stock.
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General Electric is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for General Electric.

General Electric (NYSE:GE) issued its quarterly earnings results on Tuesday, July, 27th. The conglomerate reported $0.05 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.02. The conglomerate had revenue of $18.30 billion for the quarter, compared to the consensus estimate of $17.96 billion. General Electric had a positive trailing twelve-month return on equity of 1.53% and a negative net margin of 4.33%. The business's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.15) EPS.
View General Electric's earnings history.

General Electric's stock was trading at $8.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GE shares have increased by 57.4% and is now trading at $12.92.
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General Electric announced a dividend on Friday, July 23rd. Investors of record on Tuesday, August 3rd will be given a dividend of $0.01 per share on Monday, August 2nd. This represents a yield of 0.31%. The ex-dividend date is Monday, August 2nd.
View General Electric's dividend history.

General Electric pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.31%. General Electric does not yet have a strong track record of dividend growth. The dividend payout ratio of General Electric is 400.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, General Electric will have a dividend payout ratio of 7.69% next year. This indicates that General Electric will be able to sustain or increase its dividend.
View General Electric's dividend history.

Shares of General Electric 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 will be adjusted after the closing bell on Monday, August 2nd 2021. An investor that had 100 shares of General Electric stock prior to the reverse split would have 13 shares after the split.

General Electric issued an update on its FY21 earnings guidance on Tuesday, July, 27th. The company provided earnings per share (EPS) guidance of $0.15-0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.25.

14 analysts have issued 1 year price targets for General Electric's shares. Their forecasts range from $10.00 to $17.00. On average, they expect General Electric's share price to reach $14.46 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
View analysts' price targets for General Electric or view top-rated stocks among Wall Street analysts.

690 employees have rated General Electric CEO H. Lawrence Culp, Jr. on Glassdoor.com. H. Lawrence Culp, Jr. has an approval rating of 89% among General Electric's employees.

Some companies that are related to General Electric include Siemens Aktiengesellschaft (SIEGY), Emerson Electric (EMR), Otis Worldwide (OTIS), Legrand (LGRVF) and Sharp (SHCAY).
View all of GE's 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), (CGC), AT&T (T), Bank of America (BAC), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO) and The 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 investors include TCW Group Inc. (0.06%), Oregon Public Employees Retirement Fund (0.02%), TIAA FSB (0.02%), State of Alaska Department of Revenue (0.02%), Country Trust Bank (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own General Electric stock include Edward P Garden, H Lawrence Culp Jr, L Kevin Cox, Leslie Seidman, Paula Rosput Reynolds, Scott Strazik, Thomas S Timko, Thomas W Horton and Trian Fund Management, LP.
View institutional ownership trends for General Electric.

GE stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Harel Insurance Investments & Financial Services Ltd., Compagnie Lombard Odier SCmA, Old Port Advisors, TIAA FSB, SOL Capital Management CO, Mandatum Life Insurance Co Ltd, and Country Trust Bank. Company insiders that have sold General Electric company stock in the last year include Edward P Garden, and Trian Fund Management, LP.
View insider buying and selling activity for General Electric or view top insider-selling stocks.

GE stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, State of Alaska Department of Revenue, IFM Investors Pty Ltd, Brookstone Capital Management, Lathrop Investment Management Corp, Hoertkorn Richard Charles, New Mexico Educational Retirement Board, and CHICAGO TRUST Co NA. Company insiders that have bought General Electric stock in the last two years include 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 or or view top insider-buying stocks.

Shares of GE 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 $12.92.

General Electric has a market capitalization of $113.42 billion and generates $79.62 billion in revenue each year. The conglomerate earns $5.70 billion in net income (profit) each year or $0.01 on an earnings per share basis.

General Electric employs 174,000 workers across the globe.

General Electric was founded in 1892.

The official website for General Electric is www.ge.com.

General Electric is headquartered at 5 Necco Street, BOSTON MA, 02210.

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]