General Electric (GE) Projected to Post Earnings on Tuesday

General Electric (NYSE:GE - Get Free Report) is expected to release its earnings data before the market opens on Tuesday, April 22nd. Analysts expect General Electric to post 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.Parties that wish to listen to the company's conference call can do so using this link.

General Electric (NYSE:GE - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.27. General Electric had a net margin of 14.31% and a return on equity of 22.19%. 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

Shares of NYSE GE traded down $0.26 during midday trading on Tuesday, reaching $185.74. 4,998,296 shares of the company were exchanged, compared to its average volume of 5,466,825. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. General Electric has a one year low of $146.78 and a one year high of $214.21. The stock has a market cap of $199.35 billion, a P/E ratio of 31.01, a PEG ratio of 2.59 and a beta of 1.04. The stock's 50-day moving average price is $197.99 and its 200-day moving average price is $186.61.

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General Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 10th will be given a $0.36 dividend. The ex-dividend date is Monday, March 10th. This is an increase from General Electric's previous quarterly dividend of $0.28. This represents a $1.44 annualized dividend and a yield of 0.78%. General Electric's dividend payout ratio (DPR) is currently 24.04%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GE. UBS Group raised their price objective 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 reiterated an "outperform" rating and set a $200.00 price target on shares of General Electric in a report on Wednesday, January 22nd. JPMorgan Chase & Co. raised their target price on General Electric from $190.00 to $210.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. Bank of America increased their price target on General Electric from $200.00 to $225.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Finally, Redburn Atlantic initiated coverage on General Electric in a report on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price on the stock. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $213.33.

Institutional Investors Weigh In On General Electric

A hedge fund recently raised its stake in General Electric stock. Brighton Jones LLC raised its stake in shares of General Electric (NYSE:GE - Free Report) by 25.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund 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 as of its most recent SEC filing. Institutional investors and hedge funds own 74.77% of the company's stock.

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.