Full Answer
What is the price targets for General Electric stock?
The average twelve-month price target for General Electric is $121.29 with a high price target of $143.00 and a low price target of $88.00. Learn more Do Wall Street analysts like General Electric more than its competitors? Analysts like General Electric stock more than the stock of other Multi-Sector Conglomerates companies.
What is General Electric Co's (GE) stock price prediction for 2023?
On average, Wall Street analysts predict that General Electric Co 's share price could reach $95.63 by Jul 13, 2023. The average General Electric Co stock price prediction forecasts a potential upside of 33.72% from the current GE share price of $71.51. What is GE's Earnings Per Share (EPS) forecast for 2022-2024?
Who buys General Electric (GE) stock?
Company insiders that have bought General Electric stock in the last two years include Leslie Seidman, and Paula Rosput Reynolds. View insider buying and selling activity for General Electric or or view top insider-buying stocks.
What is the upside for General Electric's stock?
Their forecasts range from $99.00 to $143.00. On average, they anticipate General Electric's stock price to reach $124.46 in the next year. This suggests a possible upside of 24.5% from the stock's current price. View analysts' price targets for General Electric or view top-rated stocks among Wall Street analysts.
See more
Is GE stock a good long term investment?
Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.
What is the target price for GE stock?
Stock Price TargetsHigh$120.00Median$88.00Low$72.00Average$90.31Current Price$71.58
What was GE stock worth in 2000?
GE - General Electric CompanyDateOpenClose*Jun 01, 2000400.48407.69May 08, 20003:1 Stock SplitMay 01, 2000407.69404.81Apr 01, 2000398.08403.2181 more rows
When was the last time GE stock split?
May 12, 1997: a 2-for-1 split of common shares. May 8, 2000: a 3-for-1 split of common shares. Feb. 26, 2019: a 104-for-100 split of common shares.
Is GE a buy hold or sell?
General Electric has received a consensus rating of Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.
Will GE stock go up 2022?
GE Stock Price Forecast 2022-2023 The forecasted GE price at the end of 2022 is $81.62 - and the year to year change -14%. The rise from today to year-end: +22%. In the middle of 2022, we expect to see $68.44 per 1 GE.
What's the highest GE stock has ever been?
The latest closing stock price for General Electric as of July 22, 2022 is 68.19.The all-time high General Electric stock closing price was 480.00 on August 28, 2000.The General Electric 52-week high stock price is 116.17, which is 70.4% above the current share price.More items...
Will GE stock ever recover?
General Electric's shares appear to be poised for a rebound, based on an analysis of the stock's sell-side analyst price targets. The mean consensus target price for GE is $124.71, which is +25% higher than the company's last traded share price of $99.95 as of January 6, 2022.
Why is GE stock so cheap?
So, why is GE stock so low? To address at least the COVID part, GE has exposure in aviation, healthcare, oil, venture capital, and other hard-hit industries. The year 2020 was hard for everyone, and even analysts from founder Morgan's namesake bank say it's a risky investment for 2021.
Is General Electric good stock?
The stock is looking like a good value now, but investors should be aware of the near-term risk. 2022 hasn't been a vintage year so farfor industrial giant General Electric (GE 0.59%). The stock is down 21% year to date, and there's real pressure on its full-year earnings outlook.
What was GE stock price before the split?
The pre-split-adjusted price was $12.69, according to MarketWatch.
Is GE still paying a dividend?
Yes, GE has paid a dividend within the past 3 months.
Is GE a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
How high will GM stock go?
AIPickup expected the average GM future stock price to hit $39.91 in 2022, falling to $38.82 in 2023, $38.35 in 2024 and $34.48 in 2025.
Is GE a buy Tipranks?
General Electric's analyst rating consensus is a 'Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
What is General Electric's consensus rating and price target?
According to the issued ratings of 13 analysts in the last year, the consensus rating for General Electric stock is Buy based on the current 3 hold...
Do Wall Street analysts like General Electric more than its competitors?
Analysts like General Electric stock more than the stock of other Multi-Sector Conglomerates companies. The consensus rating for General Electric i...
Do MarketBeat users like General Electric more than its competitors?
MarketBeat users like General Electric stock more than the stock of other Multi-Sector Conglomerates companies. 76.78% of MarketBeat users gave Gen...
Does General Electric's stock price have much upside?
According to analysts, General Electric's stock has a predicted upside of 24.00% based on their 12-month price targets.
What analysts cover General Electric?
General Electric has been rated by Bank of America , Barclays , Credit Suisse Group , Deutsche Bank Aktiengesellschaft , and Morgan Stanley i...
When will General Electric stock reverse?
General Electric's stock 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 General Electric stock prior to the reverse split would have 13 shares after the split.
When did General Electric split its stock?
How did General Electric's stock split work? General Electric shares reverse split on the morning of 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 market closes on Monday, August 2nd 2021.
How much did General Electric make in the quarter?
General Electric (NYSE:GE) announced its quarterly earnings data on Monday, April, 26th. The conglomerate reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The conglomerate earned $17.12 billion during the quarter, compared to analysts' expectations of $17.66 billion.
What are the segments of General Electric?
It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. The Power segment offers technologies, solutions, and services related to energy production, which includes gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, hardware and software, offshore wind turbines, solutions, products and services to hydropower industry, blades for onshore and offshore wind turbines, and high voltage equipment. The Aviation segment provides jet engines and turboprops for commercial airframes, maintenance, component repair, and overhaul services, as well as replacement parts, 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 Capital segment leases and finances aircraft, aircraft engines and helicopters, and also provides financial and underwriting solutions
Does General Electric have a dividend?
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.
Does General Electric have a long track record of dividend growth?
General Electric does not have a long track record of dividend growth.
Sales
Cost
- 20 Wall Street analysts have issued 1-year price targets for General Electric's stock. Their predictions range from $5.00 to $21.00. On average, they anticipate General Electric's stock price to reach $12.1765 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for General Electric.
Ratings
- 20 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for General Electric in the last year. There are currently 2 sell ratings, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for General Electric.
Reception
- News stories about GE stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. General Electric earned a news impact score of …
Ownership
- General Electric's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.80%), Pzena Investment Management LLC (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), Parametric Portfolio Associates LLC (0.36%), Swiss National Bank (0.33%) and Dimensional Fund Advisors LP (0.33%). Company insi…
Business
- General Electric has a market capitalization of $87.95 billion and generates $121.62 billion in revenue each year. The conglomerate earns $-22,354,000,000.00 in net income (profit) each year or $0.65 on an earnings per share basis. General Electric employs 283,000 workers across the globe.
Location
- General Electric's mailing address is 41 FARNSWORTH STREET, BOSTON MA, 02210. The conglomerate can be reached via phone at 617-443-3000 or via email at [email protected].