General Electric Company (GE) - Stock & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3696043013

General Electric Company, listed on the New York Stock Exchange under the symbol GE, is a multinational high-tech industrial corporation that operates globally. With a history dating back to 1892, the company is based in Boston, Massachusetts.

GE specializes in providing cutting-edge solutions for power generation, industry, government, and other sectors. They offer a wide range of products and services, including gas and steam turbines, balance of plant systems, upgrades, and data-driven software.

In addition to their industrial offerings, GE is also involved in the design and manufacture of commercial and military aircraft engines, electric power systems, aircraft components, and mechanical systems. They provide comprehensive services for their products as well.

Moreover, GE goes beyond traditional industrial operations by delving into financial services and insurance. They manage run-off insurance operations, including life, health, and reinsurance products, as well as grid management software.

GE's commitment to innovation is demonstrated through their diverse portfolio, which includes onshore and offshore wind solutions, blade manufacturing, grid solutions, hydro power, storage solutions, hybrid renewable energy systems, and digital services. They cater to a broad spectrum of customers across Europe, China, Asia, the Americas, the Middle East, and Africa.

To learn more about General Electric Company and its offerings, visit their official website at https://www.ge.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for General Electric Company (GE) - Stock & Dividends

GE Stock Overview

Market Cap in USD 166,874m
Sector Industrials
Industry Specialty Industrial Machinery
GiC SubIndustry Industrial Conglomerates
TER 0.00%
IPO / Inception 1962-01-02

GE Stock Ratings

Fundamental -1.22
Dividend 6.08
Growth 5y 6.60
Rel. Performance vs Sector 4.21
Analysts 4.16
Fair Price Total Ret. 167.00
Fair Price DCF 88.40

GE Dividends

Yield 12m 0.21%
Yield on Cost 5y 0.51%
Dividends CAGR 5y 5.09%
Payout Consistency 93.8%

GE Growth Ratios

Growth 12m 82.33%
Growth Correlation 12m 82%
Growth Correlation 3m 89%
CAGR 5y 19.59%
CAGR / Mean Drawdown 1.14
Sharpe Ratio 12m 3.43
Alpha vs SP500 12m 43.94
Beta vs SP500 5y weekly 1.35
CAPM 8.97%
Average Daily Range 2m 1.72%
Regime Oscillator 92.93
Volatility GJR Garch 1y 22.22%
Price / SMA 50 15.02%
Price / SMA 200 31.92%
Current Volume 5826.3k
Average Volume 20d 5518.4k

External Links for GE Stock

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What is the price of GE stocks?
As of February 28, 2024, the stock is trading at USD 153.99 with a total of 5,826,333 shares traded.
Over the past week, the price has changed by +3.61%, over one month by +17.38%, over three months by +28.44% and over the past year by +84.23%.
Why is GE stock down?
Check with which Index or Commodity GE has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return GE Return S&P 500
1 Month 17.38% 4.00%
3 Months 28.44% 11.99%
12 Months 84.23% 29.39%
What is the forecast for GE stock price target?
According to ValueRays Forecast Model, GE General Electric Company will be worth about 186.4 in February 2025. The stock is currently trading at 153.99. This means that the stock has a potential upside of +21.04%.
Issuer Forecast Upside
Wallstreet Target Price 149.3 -3.0%
Analysts Target Price 125.8 -18.3%
ValueRay Target Price 186.4 21.0%

The Evolution and Current Status of General Electric Company

History of General Electric Company

The journey of General Electric Company (GE) began in 1892, rooted in the merger of Edison General Electric Company and Thomson-Houston Electric Company. This fusion laid down the foundation for a conglomerate that would grow to influence multiple industries worldwide. GE's early focus was on generating electricity and manufacturing electrical equipment. This foundational period set the stage for GE's expansion into various sectors, marking the beginning of its reputation as an innovation powerhouse.

Core and Side Businesses of General Electric

In its prime, GE diversified into numerous industries including aviation, healthcare, power, renewable energy, and digital. Among these, the aviation and healthcare sectors have consistently stood out as core businesses, contributing significantly to the company's revenue. GE Aviation is renowned for its jet engines and aviation services, while GE Healthcare is a leading provider of medical imaging equipment, healthcare consulting, and digital solutions. Over the years, GE also ventured into businesses like financial services, entertainment, and plastics, but these have been either scaled down or entirely divested as part of its strategic repositioning to focus on its industrial roots.

Current Market Status of General Electric

As of the latest analysis, General Electric has been undergoing a significant transformation aimed at simplifying its business structure and strengthening its financial position. This strategy involves narrowing its focus to high-performing sectors such as aviation, power, and renewable energy. The company announced plans to split into three separate public entities, focusing on aviation, healthcare, and energy respectively, expected to be completed by 2024. Market responses have been cautiously optimistic, with investors showing renewed interest in GE's streamlined approach and commitment to innovation and sustainability. As the global market continues to evolve, particularly in the realms of sustainable energy and advanced medical technologies, General Electric's strategic adjustments position it well to navigate the challenges and opportunities ahead.