GE Aerospace (GE)
| Market Cap | 183.35B |
| Revenue (ttm) | 69.52B |
| Net Income (ttm) | 3.36B |
| Shares Out | 1.09B |
| EPS (ttm) | 3.05 |
| PE Ratio | 54.92 |
| Forward PE | 37.74 |
| Dividend | $0.47 (0.28%) |
| Ex-Dividend Date | Apr 12, 2024 |
| Volume | 4,902,983 |
| Open | 168.76 |
| Previous Close | 168.86 |
| Day's Range | 167.13 - 169.34 |
| 52-Week Range | 77.98 - 170.80 |
| Beta | 1.25 |
| Analysts | Strong Buy |
| Price Target | 176.00 (+5.08%) |
| Earnings Date | Apr 23, 2024 |
About GE
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio. [Read more]
Financial Performance
In 2023, GE Aerospace's revenue was $67.95 billion, an increase of 16.96% compared to the previous year's $58.10 billion. Earnings were $9.19 billion, an increase of 17911.76%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for GE stock is "Strong Buy." The 12-month stock price forecast is $176.0, which is an increase of 5.08% from the latest price.
News
GE Health Executive Joins U.S. Anesthesia Partners
DALLAS--(BUSINESS WIRE)--U.S. Anesthesia Partners (“USAP”), a leading provider of high-quality anesthesia care, today announced that Jeff Terry has joined the national practice as Executive Vice Presi...
GE Aerospace Is the S&P 500's Top-Performing Stock in April. Globe Life Is the Worst.
In early April, GE completed its split into three companies.
GE Created $200 Billion in Stock-Market Value by Breaking Into Pieces
Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.
GE Aerospace Reports Robust 1Q24 Results; Raise Target Price
On April 23, 2024, GE Aerospace (NYSE: GE, $161.26, Market Capitalization: $176.5 billion) reported robust 1Q24 results, with a strong beat on EPS versus consensus. It should be noted that as GE Verno...
Should You Pick General Electric Stock At $165?
General Electric General Electric (NYSE: GE) recently reported its Q1 results, with revenues and earnings beating the street estimates. The company reported adjusted revenue of $15.2 billion and adjus...
General Electric Vernova debuts flat financial results with its first-ever earnings
On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results. Unfortunately, in the quarter, GE Vernova orders of $9.7 bill...
GE Stock Rises Above 2008 Levels. Wall Street Is Staying Bullish.
Analysts are lifting price targets on GE Aerospace stock after the company's first-quarter earnings.
GE Aerospace Stock Jumps on Strong Earnings, Guidance Post-Split
GE Aerospace (GE) shares surged over 7% in intraday trading Tuesday after it reported its first earnings as a standalone company and boosted its full-year outlook for operating profit.
GE Aerospace starts strong with FY24 Q1 net profit of 19.1%
Today, on 23 April 2024, GE Aerospace announced a 19.1% increase in its first-quarter net profit. The company noted strong earnings from its commercial aviation business were driven by this increase.
GE's stock gains, as combined results of GE Aerospace and GE Vernova rose above forecasts
Shares of GE Aerospace GE, +1.44% gained 0.7% in premarket trading Tuesday, after the maker of jet engines used in commercial and military aircraft, including Boeing Co. BA, +0.39% planes, reported fi...
GE Aerospace lifts 2024 profit forecast on strong sales of engine parts, services
GE Aerospace on Tuesday raised its full-year profit forecast, citing a "solid start to the year" on strong demand for jet-engine parts and services as airlines keep their older planes in the air to ti...
What You Need To Know Ahead of GE Aerospace's Earnings Report Tuesday
GE Aerospace (GE) is set to post its results for the first time next Tuesday as a stand-alone firm since it was spun off from conglomerate General Electric early this month.
GE Aero Stock Is Rising as the S&P 500 Slumps. Thank Wall Street Analysts.
Coming into Thursday trading, GE Aerospace stock is the best performer in the entire index for April. Analysts have been lifting price targets on the shares.
General Electric's Power Spinoff Could Be Formidable Once Fully Charged
GE Vernova is expected to turn profitable this year and benefit from growing electricity demand.
GE Aerospace's Slattery to step down in June, remain adviser
The chief commercial officer of GE Aerospace , John Slattery, will step down from the jet engine maker in June and will remain an adviser, CEO Larry Culp said on Wednesday.
GE Aerospace Stock Rises. It's Getting Tailwind From Boeing's 737 MAX.
TD Cowen analyst Gautam Khanna upgraded shares of GE Aerospace to Buy from Hold. His price target went to $180 a share from $175.
GE Vernova Stock Gets Its First Upgrade to Buy
J.P. Morgan analyst Mark Strouse upgraded shares of power-generation firm GE Vernova to Buy from Hold.
GE Aerospace (GE) Raises Dividend by 250%
GE Aerospace (GE) raises its dividend by 250%. Renita Young discusses this as it's the first dividend since spinning off its power business now GE Vernova.
GE Aerospace Raises Its Dividend by 250%
Management has laid out plans to return about 75% of its free cash flow to shareholders.
GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend
EVENDALE, Ohio--(BUSINESS WIRE)--The Board of Directors of GE Aerospace (NYSE: GE) today declared a $0.28 per share dividend on the outstanding common stock of the Company. The dividend is payable Apr...
What's Next For General Electric Stock After A 35% Rise This Year?
General Electric GE (NYSE: GE) completed the spin-off of its power and renewables energy businesses on April 2. The spinoff company – GE Vernova – is now the new standalone energy company, while GE Ae...
General Electric's 132-year journey from American manufacturing icon to fallen giant
General Electric was an icon of American innovation and manufacturing for most of its history. The company reached its peak in 2000, but had a rocky journey entering the 21st century.
GE Aerospace Stock Picks Up a Buy Rating. Why It Can Keep Flying.
Vertical Research Partners analyst Rob Stallard is bullish on GE Aerospace stock after the spinoff of power-generation assets as GE Vernova.
GE Aerospace coverage initiated with buy rating at Vertical Research Partners
Vertical Research Partners has initiated coverage of GE Aerospace GE, +6.70% with a buy rating following the spinoff of GE Vernova Inc. GEV, -1.90% this week. “The principal appeal of the newly stream...
GE Aerospace Stock Is Soaring. Wall Street Is Helping.
Early new targets imply more gains ahead for the stock.