General Electric Stock Today

GE Stock  USD 153.33  1.66  1.09%   

Performance

28 of 100

 
Low
 
High
Strong

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
General Electric is trading at 153.33 as of the 26th of February 2024, a 1.09 percent increase since the beginning of the trading day. The stock's lowest day price was 151.91. General Electric has under 5 % chance of experiencing financial distress over the next 2 years and had a strong performance during the last 90 days. Equity ratings for General Electric are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of February 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
2nd of January 1962
Category
Industrials
General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts. General Electric operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 1.09 B outstanding shares of which 8.3 M shares are currently sold short in the market by investors with about 1.62 days to cover all shorted shares. More on General Electric

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General Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. General Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding General Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, General Electric's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to General Electric's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJohn Slattery
Thematic Ideas
Showing 3 out of 6 themes
SEC FilingsGeneral Electric Security & Exchange Commission EDGAR Reports
Old Names[General Electric Company, General Electric Company, General Electric Co. CEDEAR]
Business ConcentrationIndustrial Conglomerates, Specialty Industrial Machinery, Industrials, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, Dow Jones Composite, NYSE US 100, ARCA Institutional, ARCA Major Markets, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Alternative Energy, Dividend Beast, Electrical Equipment, Artificial Intelligence, Giant Impact, Investor Favorites, Industrials, Industrial Conglomerates, Specialty Industrial Machinery, Industrials (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholicMilitary Contract
Average Analyst Recommendation
Analysts covering General Electric report their recommendations after researching General Electric's financial statements, talking to executives and customers, or listening in on General Electric's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering General Electric. The General consensus assessment is calculated by taking the average forecast from all of the analysts covering General Electric.
Financial Strength
Based on the measurements of operating efficiency obtained from General Electric's historical financial statements, General Electric may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of General Electric is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted1.7 B1.1 B
Way Up
Slightly volatile
Weighted Shares1.1 B1.1 B
Sufficiently Down
Slightly volatile
Return on Assets0.05540.0513
Significantly Up
Pretty Stable
Net Cash Flow from Operations7.2 B5.2 B
Significantly Up
Slightly volatile
Current Liabilities50.8 B50.9 B
Slightly Down
Slightly volatile
Total Liabilities191.9 B134.5 B
Significantly Up
Slightly volatile
Gross Margin0.250.258
Sufficiently Down
Slightly volatile
Total Debt21.5 B21 B
Fairly Up
Slightly volatile
Asset Turnover0.380.42
Moderately Down
Slightly volatile
Current Assets62.8 B59.8 B
Sufficiently Up
Slightly volatile
Total Assets235.9 B163 B
Way Up
Slightly volatile
General Electric's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to General Electric's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
General Electric's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of General Electric's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand General Electric's financial leverage. It provides some insight into what part of General Electric's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on General Electric's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how General Electric deploys its capital and how much of that capital is borrowed.
Liquidity
General Electric cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 22.94 B of total liabilities with total debt to equity ratio (D/E) of 1.0, which is normal for its line of buisiness. General Electric has a current ratio of 1.08, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist General Electric until it has trouble settling it off, either with new capital or with free cash flow. So, General Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like General Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Electric's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

7.15 Billion
General Electric (GE) is traded on New York Stock Exchange in USA. It is located in One Financial Center, Boston, MA, United States, 02111 and employs 125,000 people. General Electric is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 166.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate General Electric's market, we take the total number of its shares issued and multiply it by General Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. General Electric is active under Industrial Conglomerates sector as part of Industrials industry. The entity has 1.09 B outstanding shares of which 8.3 M shares are currently sold short in the market by investors with about 1.62 days to cover all shorted shares. General Electric reports about 17.26 B in cash with 5.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.82.
Check General Electric Probability Of Bankruptcy
Ownership Allocation
General Electric secures a total of 1.09 Billion outstanding shares. The majority of General Electric outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in General Electric to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in General Electric. Please pay attention to any change in the institutional holdings of General Electric as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check General Ownership Details

General Stock Price Odds Analysis

What are General Electric's target price odds to finish over the current price? Based on a normal probability distribution, the odds of General Electric jumping above the current price in 90 days from now is near 1%. The General Electric probability density function shows the probability of General Electric stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon General Electric has a beta of 0.8665. This usually indicates General Electric market returns are highly-sensitive to returns on the market. As the market goes up or down, General Electric is expected to follow. Additionally, the company has an alpha of 0.2347, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 153.33HorizonTargetOdds Above 153.33
99.51%90 days
 153.33 
0.48%
Based on a normal probability distribution, the odds of General Electric to move above the current price in 90 days from now is near 1 (This General Electric probability density function shows the probability of General Stock to fall within a particular range of prices over 90 days) .

General Stock Institutional Holders

Institutional Holdings refers to the ownership stake in General Electric that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of General Electric's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing General Electric's value.
InstituionRecorded OnShares
Norges Bank2023-12-31
9.3 M
Morgan Stanley - Brokerage Accounts2023-09-30
M
Eagle Capital Management Llc2023-12-31
8.7 M
Bank Of New York Mellon Corp2023-09-30
M
Amvescap Plc.2023-09-30
7.2 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2023-12-31
6.7 M
Legal & General Group Plc2023-09-30
6.5 M
Charles Schwab Investment Management Inc2023-09-30
6.2 M
Viking Global Investors Lp2023-12-31
5.1 M
Vanguard Group Inc2023-09-30
87.9 M
Capital Research Global Investors2023-12-31
83.1 M
View General Electric Diagnostics

General Electric Historical Income Statement

General Electric Income Statement is one of the three primary financial statements used for reporting General's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of General Electric revenue and expense. General Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, General Electric's Consolidated Income is projected to decrease significantly based on the last few years of reporting. The current year's Cost of Revenue is expected to grow to about 55.2 B, whereas Net Income to Non Controlling Interests is forecasted to decline to (77 M). View More Fundamentals

General Stock Against Markets

Picking the right benchmark for General Electric stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in General Electric stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for General Electric is critical whether you are bullish or bearish towards General Electric at a given time. Please also check how General Electric's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in General Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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General Electric Corporate Directors

General Electric corporate directors refer to members of a General Electric board of directors. The board of directors generally takes responsibility for the General Electric's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of General Electric's board members must vote for the resolution. The General Electric board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rochelle LazarusIndependent DirectorProfile
Marijn DekkersIndependent DirectorProfile
Mary SchapiroIndependent DirectorProfile
Andrea JungIndependent DirectorProfile

How to buy General Stock?

Before investing in General Electric, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in General Electric. To buy General Electric stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of General Electric. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase General Electric stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located General Electric stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased General Electric stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as General Electric, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy General Stock please use our How to Invest in General Electric guide.

Already Invested in General Electric?

The danger of trading General Electric is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of General Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than General Electric. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile General Electric is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether General Electric is a strong investment it is important to analyze General Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Electric's future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Electric. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade General Stock refer to our How to Trade General Stock guide.
Note that the General Electric information on this page should be used as a complementary analysis to other General Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running General Electric's price analysis, check to measure General Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Electric is operating at the current time. Most of General Electric's value examination focuses on studying past and present price action to predict the probability of General Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Electric's price. Additionally, you may evaluate how the addition of General Electric to your portfolios can decrease your overall portfolio volatility.
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Is General Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Electric. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
0.32
Earnings Share
7.97
Revenue Per Share
62.4
Quarterly Revenue Growth
0.154
The market value of General Electric is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Electric's value that differs from its market value or its book value, called intrinsic value, which is General Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Electric's market value can be influenced by many factors that don't directly affect General Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if General Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.