Q1 Earnings Estimate for GE Vernova Issued By William Blair

GE Vernova Inc. (NYSE:GEV - Free Report) - Stock analysts at William Blair decreased their Q1 2025 earnings estimates for shares of GE Vernova in a research report issued to clients and investors on Thursday, January 23rd. William Blair analyst J. Dorsheimer now anticipates that the company will earn $1.08 per share for the quarter, down from their previous estimate of $1.85. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for GE Vernova's current full-year earnings is $6.33 per share. William Blair also issued estimates for GE Vernova's Q2 2025 earnings at $1.53 EPS, Q4 2025 earnings at $3.02 EPS, FY2025 earnings at $7.24 EPS, Q2 2026 earnings at $2.62 EPS, Q3 2026 earnings at $2.05 EPS, Q4 2026 earnings at $4.28 EPS and FY2026 earnings at $10.29 EPS.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.30 by ($0.57). The firm had revenue of $10.56 billion for the quarter, compared to the consensus estimate of $10.70 billion. GE Vernova had a net margin of 4.44% and a return on equity of 6.70%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the company. Barclays increased their price objective on GE Vernova from $420.00 to $487.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Guggenheim downgraded shares of GE Vernova from a "buy" rating to a "neutral" rating and set a $380.00 price target for the company. in a report on Friday, January 24th. Truist Financial boosted their price objective on shares of GE Vernova from $420.00 to $470.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Citigroup increased their target price on shares of GE Vernova from $361.00 to $437.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group boosted their price target on GE Vernova from $446.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Eight research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, GE Vernova has an average rating of "Moderate Buy" and a consensus price target of $342.94.

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GE Vernova Trading Down 2.7 %

NYSE:GEV traded down $10.24 during mid-day trading on Monday, hitting $372.70. 4,122,416 shares of the company's stock traded hands, compared to its average volume of 4,337,395. The firm has a market capitalization of $102.74 billion and a price-to-earnings ratio of 67.03. The firm has a 50 day moving average of $354.82 and a two-hundred day moving average of $277.23. GE Vernova has a 12 month low of $115.00 and a 12 month high of $447.50.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cedar Mountain Advisors LLC raised its stake in shares of GE Vernova by 102.6% in the fourth quarter. Cedar Mountain Advisors LLC now owns 77 shares of the company's stock worth $25,000 after acquiring an additional 39 shares during the last quarter. Pineridge Advisors LLC lifted its stake in shares of GE Vernova by 530.8% during the fourth quarter. Pineridge Advisors LLC now owns 82 shares of the company's stock valued at $27,000 after acquiring an additional 69 shares during the period. Asset Planning Inc bought a new position in GE Vernova in the fourth quarter valued at about $35,000. Castleview Partners LLC acquired a new stake in GE Vernova in the third quarter worth about $28,000. Finally, Riggs Asset Managment Co. Inc. raised its holdings in GE Vernova by 93.4% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 118 shares of the company's stock worth $39,000 after purchasing an additional 57 shares during the last quarter.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 28th. Stockholders of record on Friday, December 20th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend was Friday, December 20th. GE Vernova's payout ratio is presently 17.99%.

GE Vernova announced that its board has approved a share repurchase program on Tuesday, December 10th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the company to reacquire up to 6.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

GE Vernova Company Profile

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.