General Electric (GE) Projected to Post Earnings on Tuesday

General Electric (NYSE:GE) will likely be announcing its earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $1.29 per share and revenue of $9.06 billion for the quarter. General Electric has set its FY 2025 guidance at 5.100-5.450 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

General Electric (NYSE:GE) last released its quarterly earnings data on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.27. General Electric had a return on equity of 22.19% and a net margin of 14.31%. On average, analysts expect General Electric to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

General Electric Price Performance

GE stock opened at $185.89 on Tuesday. The firm has a 50 day moving average of $197.99 and a 200-day moving average of $186.61. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. General Electric has a 12 month low of $146.78 and a 12 month high of $214.21. The firm has a market capitalization of $199.51 billion, a P/E ratio of 31.03, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04.

General Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 10th will be issued a $0.36 dividend. The ex-dividend date is Monday, March 10th. This represents a $1.44 annualized dividend and a dividend yield of 0.77%. This is a boost from General Electric’s previous quarterly dividend of $0.28. General Electric’s dividend payout ratio (DPR) is presently 24.04%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in General Electric stock. Brighton Jones LLC increased its position in shares of General Electric (NYSE:GE) by 25.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,008 shares of the conglomerate’s stock after purchasing an additional 2,421 shares during the period. Brighton Jones LLC’s holdings in General Electric were worth $2,003,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

GE has been the subject of several research reports. Deutsche Bank Aktiengesellschaft cut their target price on General Electric from $235.00 to $228.00 and set a “buy” rating for the company in a research note on Thursday, January 2nd. UBS Group lifted their price target on shares of General Electric from $215.00 to $235.00 and gave the company a “buy” rating in a report on Friday, January 24th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 target price on shares of General Electric in a research report on Wednesday, January 22nd. Citigroup lowered their price target on shares of General Electric from $235.00 to $227.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Finally, Northcoast Research upgraded General Electric from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, General Electric currently has an average rating of “Moderate Buy” and a consensus target price of $212.73.

General Electric Company Profile

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.