Free Trial

General Electric (GE) Stock Price, News & Analysis

+1.74 (+1.07%)
(As of 06/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
5.10 million shs
Average Volume
7.36 million shs
Market Capitalization
$180.58 billion
P/E Ratio
Dividend Yield
Price Target

General Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
7.5% Upside
$177.27 Price Target
Short Interest
1.23% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.72mentions of General Electric in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$7.38 M Sold Last Quarter
Proj. Earnings Growth
From $3.99 to $4.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Transportation Sector

26th out of 117 stocks

Electronic, Electrical Equipment & Components, Except Computer Equipment Industry

2nd out of 3 stocks

GE stock logo

About General Electric Stock (NYSE:GE)

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.

GE Stock Price History

GE Stock News Headlines

GE logo sign
Top 3 Stocks Driving the Industrial Sector's Anticipated Breakout (GE)
Over the past week, the XLI has been consolidating with its 20 and 50-day SMAs as resistance. A breakout above these levels could signal a major bullish shift.
GE logo sign
Top 3 Stocks Driving the Industrial Sector's Anticipated Breakout
The overall market continues its impressive performance, with the SPDR S&P 500 ETF Trust NYSE: SPY up 12.35% year-to-date. While the tech sector has been the primary driver, other sectors have also contributed to the rally.
This Weight Loss Company Can't Make Enough Product
A tiny pharmaceutical company is getting overwhelmed by a massive demand for its new weight loss marvel. They recently reported over 25,000 Americans are starting their drug each week - a 4X increase since December!
FILE-Indian Prime Minister Narendra Modi arrives at the Red Fort to address the nation on the occas…
Third term for Modi likely to see closer defense ties with US as India's rivalry with China grows
Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term
This Weight Loss Company Can't Make Enough Product
A tiny pharmaceutical company is getting overwhelmed by a massive demand for its new weight loss marvel. They recently reported over 25,000 Americans are starting their drug each week - a 4X increase since December!
See More Headlines
Receive GE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for General Electric and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/25 Dividend
Last Earnings
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Electronic, electrical equipment & components, except computer equipment
Industrial Conglomerates
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
15 Analysts


Net Income
$9.48 billion
Pretax Margin


Sales & Book Value

Annual Sales
$67.95 billion
Cash Flow
$5.31 per share
Book Value
$26.26 per share


Outstanding Shares
Free Float
Market Cap
$180.58 billion

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

  • Mr. H. Lawrence Culp Jr.Mr. H. Lawrence Culp Jr. (Age 61)
    Chairman & CEO
    Comp: $8.7M
  • Mr. Rahul Ghai (Age 52)
    Senior VP & CFO
    Comp: $2.38M
  • Mr. Russell T. Stokes (Age 53)
    President and CEO of Commercial Engines and Services
    Comp: $3.6M
  • Mr. Robert M. Giglietti (Age 53)
    Chief Accounting Officer, Controller & Treasurer
  • Mr. David Burns
    Chief Information Officer
  • Mr. John R. Phillips
    Senior Vice President & General Counsel
  • Mr. Christian E. Meisner
    Chief Human Resources Officer
  • Mr. Christoph A. Pereira (Age 51)
    Chief Executive Officer of Aerospace Carbon Solutions (ACS) & Sustainability
  • Mr. Ramesh Singaram
    President & CEO of GE Gas Power's APAC
  • Mr. Peter Stracar
    President & CEO of European Region

Should I Buy General Electric Stock? GE Pros and Cons Explained


Here are some ways that investors could benefit from investing in General Electric:

  • General Electric has been focusing on restructuring and cost-cutting measures, which could lead to improved profitability in the future.
  • With a diversified portfolio across various sectors like aviation, healthcare, and renewable energy, General Electric offers exposure to different industries.
  • Recent positive developments in the aviation sector, such as increasing air travel demand, could benefit General Electric's aviation business, which provides engines and services.
  • General Electric's stock price has shown resilience and potential for growth, making it an attractive investment opportunity.
  • Investors may find General Electric's commitment to innovation and technological advancements appealing, especially in areas like renewable energy and digital solutions.


Investors should be bearish about investing in General Electric for these reasons:

  • General Electric's high debt levels and pension obligations pose financial risks and could limit the company's flexibility in the long term.
  • The ongoing challenges in the power segment, including declining demand for traditional power solutions, could continue to impact General Electric's overall performance.
  • Uncertainties related to global economic conditions and geopolitical factors may affect General Electric's international operations and revenue streams.
  • General Electric's past accounting issues and regulatory investigations have raised concerns about transparency and governance practices within the company.
  • Competitive pressures in key markets could hinder General Electric's ability to maintain market share and pricing power, impacting its profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 29, 2024. Please send any questions or comments about these General Electric pros and cons to

GE Stock Analysis - Frequently Asked Questions

Should I buy or sell General Electric stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last twelve months. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GE shares.
View GE analyst ratings
or view top-rated stocks.

What is General Electric's stock price target for 2024?

15 analysts have issued 1-year price targets for General Electric's stock. Their GE share price targets range from $125.00 to $211.00. On average, they predict the company's stock price to reach $177.27 in the next twelve months. This suggests a possible upside of 7.5% 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 2024?

General Electric's stock was trading at $127.63 at the beginning of the year. Since then, GE stock has increased by 29.3% and is now trading at $164.97.
View the best growth stocks for 2024 here

Are investors shorting General Electric?

General Electric saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 13,380,000 shares, an increase of 20.3% from the May 15th total of 11,120,000 shares. Based on an average daily volume of 7,220,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.2% of the company's shares are sold short.
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, July 23rd 2024.
View our GE earnings forecast

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) posted its quarterly earnings results on Tuesday, April, 23rd. The conglomerate reported $0.82 EPS for the quarter, topping the consensus estimate of $0.65 by $0.17. The conglomerate had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.25 billion. General Electric had a trailing twelve-month return on equity of 12.54% and a net margin of 5.05%. General Electric's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.27 earnings per share.

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

General Electric announced a quarterly dividend on Friday, April 5th. Investors of record on Monday, April 15th will be paid a dividend of $0.28 per share on Thursday, April 25th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, April 12th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for GE

Is General Electric a good dividend stock?

General Electric (NYSE:GE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.72%. The dividend payout ratio is 36.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GE will have a dividend payout ratio of 22.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GE.

When did General Electric's stock split?

General Electric shares 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 was adjusted after the closing bell 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 FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 3.800-4.050 for the period, compared to the consensus estimate of 3.950. 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 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).

Who are General Electric's major shareholders?

General Electric's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.01%), Capital Research Global Investors (7.19%), Capital International Investors (5.40%), Price T Rowe Associates Inc. MD (1.75%), Capital World Investors (1.16%) and Canada Pension Plan Investment Board (0.65%). Insiders that own company stock include Electric Co General, General Electric Pension Trust, H Lawrence Culp Jr, John S Slattery, Leslie Seidman, Michael J Holston, Paula Rosput Reynolds, Russell Stokes, Scott Strazik and Thomas S Timko.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GE) was last updated on 6/19/2024 by Staff

From Our Partners