GE Aerospace (GE) Projected to Post Earnings on Tuesday

GE Aerospace (NYSE:GE - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect GE Aerospace to post earnings of $1.29 per share and revenue of $9.06 billion for the quarter. GE Aerospace has set its FY 2025 guidance at 5.100-5.450 EPS.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.49 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.20. The company had revenue of $9.94 billion during the quarter, compared to the consensus estimate of $9.06 billion. GE Aerospace had a net margin of 14.31% and a return on equity of 22.19%. On average, analysts expect GE Aerospace to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

GE Aerospace Stock Performance

Shares of GE stock traded up $4.53 on Wednesday, reaching $193.71. The stock had a trading volume of 7,234,281 shares, compared to its average volume of 5,423,918. GE Aerospace has a 12 month low of $150.20 and a 12 month high of $214.21. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $207.90 billion, a price-to-earnings ratio of 32.34, a P/E/G ratio of 2.59 and a beta of 1.04. The firm's 50-day moving average is $194.82 and its two-hundred day moving average is $186.53.

GE Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, March 10th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Monday, March 10th. This is a boost from GE Aerospace's previous quarterly dividend of $0.28. GE Aerospace's dividend payout ratio is 24.04%.

Institutional Trading of GE Aerospace

A hedge fund recently raised its stake in GE Aerospace stock. Brighton Jones LLC raised its position in shares of GE Aerospace (NYSE:GE - Free Report) by 25.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,008 shares of the company's stock after purchasing an additional 2,421 shares during the period. Brighton Jones LLC's holdings in GE Aerospace were worth $2,003,000 at the end of the most recent reporting period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on GE. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of GE Aerospace from $235.00 to $228.00 and set a "buy" rating on the stock in a report on Thursday, January 2nd. JPMorgan Chase & Co. upped their price target on shares of GE Aerospace from $190.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Redburn Atlantic initiated coverage on shares of GE Aerospace in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective for the company. Wells Fargo & Company boosted their price objective on GE Aerospace from $203.00 to $212.00 and gave the stock an "overweight" rating in a report on Tuesday, April 15th. Finally, Bank of America increased their target price on GE Aerospace from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $213.40.

GE Aerospace Company Profile

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.