General Electric (GE) to Release Quarterly Earnings on Tuesday

General Electric (NYSE:GE) is anticipated to post its quarterly earnings results 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.Persons that wish to listen to the company’s earnings conference call can do so using this link.

General Electric (NYSE:GE) last issued its earnings results on Thursday, January 23rd. The conglomerate reported $1.32 EPS for the quarter, topping the consensus estimate 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 Stock Down 0.3 %

Shares of NYSE GE opened at $181.88 on Monday. 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 50-day moving average price of $196.12 and a 200 day moving average price of $186.52. General Electric has a 52 week low of $148.83 and a 52 week high of $214.21. The stock has a market capitalization of $195.21 billion, a price-to-earnings ratio of 30.36, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04.

General Electric Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.36 per share. This is a positive change from General Electric’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.44 annualized dividend and a dividend yield of 0.79%. General Electric’s payout ratio is 24.04%.

Institutional Investors Weigh In On General Electric

An institutional investor recently raised its position in General Electric stock. Brighton Jones LLC boosted its holdings in General Electric (NYSE:GE) by 25.3% in the fourth quarter, according to its most recent Form 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 at the end of the most recent reporting period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Royal Bank of Canada reiterated an “outperform” rating and set a $200.00 target price on shares of General Electric in a research report on Wednesday, January 22nd. UBS Group lifted their target price on shares of General Electric from $215.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Northcoast Research raised shares of General Electric 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. Citigroup lowered their target price on General Electric from $235.00 to $227.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Finally, Wells Fargo & Company upped their price objective on General Electric from $203.00 to $212.00 and gave the company an “overweight” rating in a research report on Tuesday, April 15th. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, General Electric currently has a consensus rating of “Moderate Buy” and an average price target of $213.33.

About General Electric

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.