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General Electric (GE) Stock Price, News & Analysis

+3.03 (+1.89%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
3.39 million shs
Average Volume
7.22 million shs
Market Capitalization
$179.00 billion
P/E Ratio
Dividend Yield
Price Target

General Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
11.3% Upside
$181.93 Price Target
Short Interest
1.32% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.86mentions of General Electric in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$7.38 M Sold Last Quarter
Proj. Earnings Growth
From $4.02 to $4.94 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.

4.71 out of 5 stars

Transportation Sector

12th out of 114 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.
Bitcoin’s Biggest Year Yet
2024 is set to be a historic year for Bitcoin. It’s all thanks to three major catalysts that I reveal in my newest video.
General Electric (NYSE:GE) Trading Down 1.5%
General Electric (NYSE:GE) Stock Price Down 1.8%
General Electric (NYSE:GE) Shares Up 1.5% on Analyst Upgrade
Bitcoin’s Biggest Year Yet
2024 is set to be a historic year for Bitcoin. It’s all thanks to three major catalysts that I reveal in my newest video.
General Electric (NYSE:GE) PT Raised to $190.00
General Electric (NYSE:GE) Trading Down 0.2%
3 Must-Own Stocks from Jeremy Grantham's New ETF
See More Headlines
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Company Calendar

Ex-Dividend for 4/25 Dividend
Last Earnings
Dividend Payable
Ex-Dividend for 7/25 Dividend
Next Earnings (Confirmed)
Dividend Payable
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
$5.11 per share
Book Value
$26.26 per share


Outstanding Shares
Free Float
Market Cap
$179.00 billion

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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 Company has been focusing on its aerospace division, which designs and produces commercial and defense aircraft engines. This sector has shown promising growth potential in recent periods.
  • GE Aerospace also offers aftermarket services to support its products, providing a steady stream of revenue and enhancing customer loyalty.
  • Recent developments in electric power and mechanical aircraft systems by GE have positioned the company as a key player in the industry, attracting investor interest.
  • General Electric's stock price has shown resilience and growth in recent months, indicating positive investor sentiment towards the company.
  • The company's commitment to innovation and technological advancements in its products has the potential to drive future growth and profitability.


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

  • General Electric's diverse business portfolio may pose challenges in terms of focus and strategic direction, leading to potential inefficiencies and lack of synergy among its divisions.
  • The company's past financial struggles and restructuring efforts have raised concerns about its long-term sustainability and ability to deliver consistent returns to investors.
  • Market volatility and global economic uncertainties could impact General Electric's performance and profitability, affecting investor confidence in the company.
  • Competitive pressures in the aerospace industry, particularly from emerging players and technological advancements, may pose challenges for General Electric's market position and growth prospects.
  • Investors should closely monitor any regulatory changes or legal issues that could impact General Electric's operations and financial performance, potentially affecting investment returns.
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 Sunday, July 7, 2024. Please send any questions or comments about these General Electric pros and cons to

GE Stock Analysis - Frequently Asked Questions

How have GE shares performed this year?

General Electric's stock was trading at $127.63 at the beginning of 2024. Since then, GE shares have increased by 28.1% and is now trading at $163.53.
View the best growth stocks for 2024 here

How were General Electric's earnings last quarter?

General Electric (NYSE:GE) released its quarterly earnings results on Tuesday, April, 23rd. The conglomerate reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.17. The business's quarterly revenue was up 11.1% compared to the same quarter last year.

When did General Electric's stock split?

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 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 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.

Who are General Electric's major shareholders?

General Electric's top institutional shareholders include Douglas Lane & Associates LLC (0.06%), DNB Asset Management AS (0.03%), Neville Rodie & Shaw Inc. (0.01%) and Westend Capital Management LLC. Insiders that own company stock include Electric Co General, H Lawrence Culp Jr, General Electric Pension Trust, Michael J Holston, Scott Strazik, Thomas S Timko, Paula Rosput Reynolds, John S Slattery and Leslie Seidman.
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.

What other stocks do shareholders of General Electric own?

Based on aggregate information from My MarketBeat watchlists, some other companies that General Electric investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), AT&T (T), Bank of America (BAC) and Intel (INTC).

This page (NYSE:GE) was last updated on 7/9/2024 by Staff

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