GE Aerospace (NYSE:GE) Updates FY 2025 Earnings Guidance

GE Aerospace (NYSE:GE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.100-5.450 for the period, compared to the consensus estimate of 5.420. The company issued revenue guidance of -.

GE Aerospace Stock Up 0.6 %

GE Aerospace stock traded up $1.14 during trading hours on Friday, reaching $198.55. The stock had a trading volume of 4,390,590 shares, compared to its average volume of 5,401,832. The company has a market cap of $213.10 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 2.59 and a beta of 1.04. The business's 50 day moving average price is $194.59 and its 200-day moving average price is $186.61. GE Aerospace has a 52 week low of $150.20 and a 52 week high of $214.21. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 0.81.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.29 by $0.20. GE Aerospace had a net margin of 14.31% and a return on equity of 22.19%. The firm had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.06 billion. Sell-side analysts anticipate that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from GE Aerospace's previous quarterly dividend of $0.28. GE Aerospace's dividend payout ratio is currently 22.40%.

Wall Street Analysts Forecast Growth

GE has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reduced their target price on GE Aerospace from $235.00 to $228.00 and set a "buy" rating on the stock in a research report on Thursday, January 2nd. Wells Fargo & Company lifted their target price on shares of GE Aerospace from $212.00 to $222.00 and gave the stock an "overweight" rating in a research note on Thursday. Citigroup cut their price target on shares of GE Aerospace from $235.00 to $227.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Northcoast Research upgraded shares of GE Aerospace from a "neutral" rating to a "buy" rating and set a $205.00 price objective for the company in a research note on Wednesday, April 9th. Finally, JPMorgan Chase & Co. upped their target price on GE Aerospace from $190.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $216.92.

Institutional Trading of GE Aerospace

An institutional investor recently raised its position in GE Aerospace stock. Brighton Jones LLC grew its stake in GE Aerospace (NYSE:GE - Free Report) by 25.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 quarter. Institutional investors and hedge funds own 74.77% of the company's stock.

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.