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NYSE:GEGeneral Electric Stock Price, Forecast & News

$6.57
-0.21 (-3.10 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$6.44
Now: $6.57
$6.72
50-Day Range
$5.49
MA: $6.46
$7.30
52-Week Range
$5.48
Now: $6.57
$13.26
Volume129.28 million shs
Average Volume119.88 million shs
Market Capitalization$57.47 billion
P/E RatioN/A
Dividend Yield0.59%
Beta0.95
General Electric Company operates as a high-tech industrial company worldwide. It operates through Power, Renewable Energy, Aviation, Oil & Gas, Healthcare, Transportation, Lighting, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, generators, and high voltage equipment; and power generation services. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; and blades for onshore and offshore wind turbines. The Oil & Gas segment offers oilfield and oilfield equipment, turbomachinery and process solutions, and digital solutions. The Aviation segment provides jet engines and turboprops for commercial airframes; maintenance, component repair, and overhaul services, as well as replacement parts; and additive machines and materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance enhancement solutions. The Transportation segment provides freight and passenger locomotives, and rail and support advisory services; parts, integrated software solutions, and data analytics; software-enabled solutions; mining equipment and services; and marine diesel engines, and stationary power diesel engines and motors for drilling rigs, as well as overhaul, repair and upgrade, and wreck repair services. The Lighting segment offers light emitting diode products; and energy efficiency and productivity solutions. The Capital segment leases and finances aircraft, regional jets, turboprops, freighters, engines, helicopters, as well as offers financing and materials; financial and underwriting solutions; and insurance services. The company was founded in 1892 and is based in Boston, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.74 out of 5 stars


Industry, Sector and Symbol

Industry Electronic, electrical equipment & components, except computer equipment
Sub-IndustryIndustrial Conglomerates
SectorMulti-Sector Conglomerates
CUSIP36960410
Phone617-443-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$95.21 billion
Cash Flow$1.25 per share
Book Value$4.21 per share

Profitability

Net Income$-4,978,000,000.00

Miscellaneous

Employees205,000
Outstanding Shares8,747,090,000
Market Cap$57.47 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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General Electric (NYSE:GE) Frequently Asked Questions

How has General Electric's stock been impacted by COVID-19 (Coronavirus)?

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 20.0% and is now trading at $6.57. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of General Electric?

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.

When is General Electric's next earnings date?

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

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) issued its quarterly earnings data on Wednesday, April, 29th. The conglomerate reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 negative net margin of 2.39% and a positive return on equity of 13.66%. The firm's revenue was down 24.8% on a year-over-year basis. During the same period last year, the company earned $0.12 EPS. View General Electric's earnings history.

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

General Electric declared a quarterly dividend on Friday, February 14th. Investors of record on Monday, March 9th will be paid a dividend of $0.01 per share on Monday, April 27th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Friday, March 6th. View General Electric's dividend history.

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

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

What price target have analysts set for GE?

15 brokerages have issued 1-year price targets for General Electric's shares. 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 twelve months. This suggests a possible upside of 41.6% from the stock's current price. View analysts' price targets for General Electric.

Has General Electric been receiving favorable news coverage?

News stories about GE stock have trended somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing 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 sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the conglomerate a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGeneral Electric.

Are investors shorting General Electric?

General Electric saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 109,710,000 shares, an increase of 13.2% from the April 15th total of 96,930,000 shares. Based on an average daily volume of 96,010,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.3% of the company's stock are short sold. View General Electric's Current Options Chain.

Who are some of General Electric's key competitors?

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

Who are General Electric's key executives?

General Electric's management team includes the following people:
  • Mr. H. Lawrence Culp Jr., Chairman & CEO (Age 56)
  • Ms. Jamie S. Miller, Sr. VP & CFO (Age 50)
  • Mr. Michael J. Holston, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Aris Kekedjian, Head of Corp. Devel. & Chief Investment Officer (Age 52)
  • Mr. David Leon Joyce, Vice Chair (Age 62)

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 a number of retail and institutional investors. Top institutional investors include State Street Corp (3.90%), Geode Capital Management LLC (1.46%), Pzena Investment Management LLC (0.74%), Legal & General Group Plc (0.64%), Franklin Resources Inc. (0.44%) and Sumitomo Mitsui Trust Holdings Inc. (0.40%). 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.

Which institutional investors are selling General Electric stock?

GE stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nuveen Asset Management LLC, Southeastern Asset Management Inc. TN, Commerzbank Aktiengesellschaft FI, State Street Corp, Janus Henderson Group PLC, Parametric Portfolio Associates LLC, and Gateway Investment Advisers LLC. View insider buying and selling activity for General Electric.

Which institutional investors are buying General Electric stock?

GE stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Bessemer Group Inc., Geode Capital Management LLC, Swiss National Bank, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., and Wellington Management Group LLP. 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.

How do I buy shares of 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.

What is General Electric's stock price today?

One share of GE stock can currently be purchased for approximately $6.57.

How big of a company is General Electric?

General Electric has a market capitalization of $57.47 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.

What is General Electric's official website?

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

How can I contact General Electric?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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