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GE   82.26 (+0.37%)
DIS   109.73 (-0.89%)
AMC   6.59 (+8.39%)
PFE   43.99 (-0.16%)
PYPL   83.13 (-2.79%)
NFLX   365.07 (-0.23%)
QQQ   304.39 (-0.58%)
AAPL   152.20 (-1.49%)
MSFT   256.89 (-0.57%)
META   188.03 (+0.80%)
GOOGL   103.57 (-1.15%)
AMZN   102.69 (-0.68%)
TSLA   196.12 (+3.23%)
NVDA   212.10 (+0.52%)
NIO   10.92 (-2.41%)
BABA   106.02 (-0.29%)
AMD   83.83 (-2.63%)
T   19.64 (-0.96%)
F   13.05 (-1.36%)
MU   60.12 (-3.67%)
CGC   2.95 (+1.03%)
GE   82.26 (+0.37%)
DIS   109.73 (-0.89%)
AMC   6.59 (+8.39%)
PFE   43.99 (-0.16%)
PYPL   83.13 (-2.79%)
NFLX   365.07 (-0.23%)
QQQ   304.39 (-0.58%)
AAPL   152.20 (-1.49%)
MSFT   256.89 (-0.57%)
META   188.03 (+0.80%)
GOOGL   103.57 (-1.15%)
AMZN   102.69 (-0.68%)
TSLA   196.12 (+3.23%)
NVDA   212.10 (+0.52%)
NIO   10.92 (-2.41%)
BABA   106.02 (-0.29%)
AMD   83.83 (-2.63%)
T   19.64 (-0.96%)
F   13.05 (-1.36%)
MU   60.12 (-3.67%)
CGC   2.95 (+1.03%)
GE   82.26 (+0.37%)
DIS   109.73 (-0.89%)
AMC   6.59 (+8.39%)
PFE   43.99 (-0.16%)
PYPL   83.13 (-2.79%)
NFLX   365.07 (-0.23%)

General Electric - GE Stock Forecast, Price & News

$82.26
+0.30 (+0.37%)
(As of 02/6/2023 02:30 PM ET)
Add
Compare
Today's Range
$81.24
$82.34
50-Day Range
$70.20
$86.88
52-Week Range
$46.55
$84.03
Volume
2.35 million shs
Average Volume
9.01 million shs
Market Capitalization
$89.88 billion
P/E Ratio
N/A
Dividend Yield
0.39%
Price Target
$87.50

General Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
6.4% Upside
$87.50 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.33mentions of General Electric in the last 14 days
Based on 27 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
78.24%
From $1.93 to $3.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Multi-Sector Conglomerates Sector

9th out of 15 stocks

Electronic, Electrical Equipment & Components, Except Computer Equipment Industry

3rd out of 3 stocks

GE stock logo

About General Electric (NYSE:GE) Stock

GE is a multi-national conglomerate that was originally incorporated in 1892. The company was founded by Thomas Edison as the Edison General Electric Company and shortened its name to General Electric following a merger with two other early electric pioneers. The name was later shortened again to GE. The company is headquartered in Boston, Massachusetts but has operations on a global scale. One of the original 12 Dow stocks, the company was a component of the index for 122 years until its ousting in 2018.

Originally intended to make and market Edison’s incandescent lamp and following products, the company grew over the years through mergers, acquisitions, and natural expansion into newly created fields. Among the many early accomplishments is the creation of RCA and NBC which will both become forces of their own. Other major innovations include the world’s first turbine superchargers, industrial gas turbine engines, and the first jet engine. In the field of computing, General Electric Company is credited as being one of the 8 major computer companies of the 1960s and shares responsibility for today’s digital world. In regard to its employees, two were awarded the Nobel Prize for their work with the company.

Today GE operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. The company operates through four segments including Power, Renewables, Aerospace, and Healthcare although there are plans in the works to split the company into three separate entities. The three new companies would be GE Vernova (power and renewables), GE Health, and GE Aerospace. The spin-offs are expected to be completed by 2025.

The Power segment offers a variety of turbine engines for power production as well as the full range of services from plant construction to retrofit and refit. The Renewables segment is focused on solutions for renewable energy including wind and hydro and the technology to operate them. The Aviation segment manufactures aircraft engines of all varieties and the Healthcare segment offers technology for imaging, monitoring, diagnostics, and drug discovery to health and medical facilities.

General Electric is committed to helping the world transition to a greener way of life and is exiting the new-build coal-fired power industry. Instead, its advancements in wind, grid efficiency, and natural gas are being deployed around the world helping to reduce emissions and generate cleaner energy for businesses, industry, and communities. The company is targeting 2030 for its own carbon neutrality and 2050 for net zero emissions.

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GE Stock News Headlines

UiPath is the Blue-Collar AI Platform to Watch in 2023 (GE)
Robotic process automation (RPA) leader UiPath inc. (NASDAQ: PATH) stock has been rising with other artificial intelligence (AI) providers thanks to ChapGPT.
General Electric Stock, The Sum of All Parts Strategy is Paying Off
Industrial power solutions company General Electric Company (NYSE: GE) stock has climbed over 20% in 2023 as positive sentiment for its restructuring gains
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
CES 2023: 10 tech innovations that caught our eye
From electric cars and boats to wireless TVs to the latest phones and tablets, there was a wide range of innovation on display at the CES tech show in Last Vegas last week
MarketBeat: Week in Review 01/02-01/06 (GE)
The first trading week of 2023 comes to a close with stocks in the green and here are some of the stocks the MarketBeat team was following this week.
StockNews.com Upgrades General Electric (NYSE:GE) to Buy
How GE HealthCare Technologies Is Shaping Up for 2023
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
General Electric (NYSE:GE) Stock Scores a “Perfect 10” Smart Score
General Electric (NYSE:GE) Price Target Raised to $90.00
GE HealthCare Q4 Profit Declines
Barclays Boosts General Electric (NYSE:GE) Price Target to $90.00
General Electric (NYSE:GE) Cut to "Hold" at StockNews.com
See More Headlines
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GE Company Calendar

Ex-Dividend for 1/25 Dividend
12/14/2022
Last Earnings
1/24/2023
Dividend Payable
1/25/2023
Today
2/06/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electronic, electrical equipment & components, except computer equipment
Sub-Industry
Industrial Conglomerates
CUSIP
36960410
Employees
168,000
Year Founded
1892

Price Target and Rating

Average Stock Price Forecast
$87.50
High Stock Price Forecast
$104.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+6.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$225 million
Pretax Margin
1.84%

Debt

Sales & Book Value

Annual Sales
$76.56 billion
Cash Flow
$5.08 per share
Book Value
$34.40 per share

Miscellaneous

Outstanding Shares
1,092,668,000
Free Float
1,085,019,000
Market Cap
$89.88 billion
Optionable
Optionable
Beta
1.29

Social Links


Key Executives

  • H. Lawrence CulpH. Lawrence Culp
    Chairman & Chief Executive Officer
  • Carolina Dybeck-Happe
    Chief Financial Officer & Senior Vice President
  • Victor Abate
    Chief Technology Officer & Senior Vice President
  • Nancy Anderson
    Chief Information Officer & Vice President
  • Russell Stokes
    Senior VP, President & CEO-GE Aviation Services













GE Stock - Frequently Asked Questions

Should I buy or sell General Electric stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GE shares.
View GE analyst ratings
or view top-rated stocks.

What is General Electric's stock price forecast for 2023?

11 brokerages have issued twelve-month price targets for General Electric's stock. Their GE share price forecasts range from $50.00 to $104.00. On average, they predict the company's share price to reach $87.50 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for GE
or view top-rated stocks among Wall Street analysts.

How have GE shares performed in 2023?

General Electric's stock was trading at $83.79 at the start of the year. Since then, GE stock has decreased by 2.2% and is now trading at $81.96.
View the best growth stocks for 2023 here
.

Are investors shorting General Electric?

General Electric saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 15,870,000 shares, an increase of 34.9% from the December 31st total of 11,760,000 shares. Based on an average trading volume of 6,880,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.5% of the shares of the company are short sold.
View General Electric's Short Interest
.

When is General Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our GE earnings forecast
.

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) issued its quarterly earnings results on Tuesday, January, 24th. The conglomerate reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.13. The conglomerate earned $21.79 billion during the quarter, compared to analyst estimates of $22.11 billion. General Electric had a net margin of 0.29% and a trailing twelve-month return on equity of 8.47%. The company's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share.
Read the conference call transcript
.

How often does General Electric pay dividends? What is the dividend yield for General Electric?

General Electric declared a quarterly dividend on Wednesday, November 30th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.08 per share on Wednesday, January 25th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for GE
.

Is General Electric a good dividend stock?

General Electric (NYSE:GE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.39%.
Read our dividend analysis for GE.

When did General Electric's stock split?

Shares of General Electric reverse split before market open on Monday, August 2nd 2021. The 1-8 reverse split was announced on Monday, August 2nd 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, August 2nd 2021. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

What guidance has General Electric issued on next quarter's earnings?

General Electric updated its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $0.10-$0.15 for the period, compared to the consensus earnings per share estimate of $0.19. The company issued revenue guidance of -.

What is H. Lawrence Culp, Jr.'s approval rating as General Electric's CEO?

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

What other stocks do shareholders of General Electric own?

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), AT&T (T), Bank of America (BAC), Intel (INTC), Ford Motor (F), Cisco Systems (CSCO) and Walt Disney (DIS).

What is General Electric's stock symbol?

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

Who are General Electric's major shareholders?

General Electric's stock is owned by many different institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (1.21%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), New York State Common Retirement Fund (0.22%), New York State Teachers Retirement System (0.12%), International Assets Investment Management LLC (0.11%) and Douglas Lane & Associates LLC (0.09%). Insiders that own company stock include Edward P Garden, Electric Co General, H Lawrence Culp Jr, John S Slattery, Leslie Seidman, Paula Rosput Reynolds and Trian Fund Management, LP.
View institutional ownership trends
.

How do I buy shares of General Electric?

Shares of GE stock 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.
Compare Top Brokerages Here.

What is General Electric's stock price today?

One share of GE stock can currently be purchased for approximately $81.96.

How much money does General Electric make?

General Electric (NYSE:GE) has a market capitalization of $89.56 billion and generates $76.56 billion in revenue each year. The conglomerate earns $225 million in net income (profit) each year or ($0.03) on an earnings per share basis.

How many employees does General Electric have?

The company employs 168,000 workers across the globe.

How can I contact General Electric?

General Electric's mailing address is 5 Necco Street, BOSTON MA, 02210. The official website for the company is www.ge.com. The conglomerate can be reached via phone at (203) 373-2211, via email at investor@ge.com, or via fax at 203-373-3131.

This page (NYSE:GE) was last updated on 2/6/2023 by MarketBeat.com Staff