General Electric Company (GE.SW)
| Previous close | 151.00 |
| Open | 151.00 |
| Bid | 141.00 x 0 |
| Ask | 143.00 x 0 |
| Day's range | 151.00 - 151.00 |
| 52-week range | 77.00 - 158.00 |
| Volume | |
| Avg. volume | 26 |
| Market cap | 165.084B |
| Beta (5Y monthly) | 1.24 |
| PE ratio (TTM) | 20.71 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.02 (0.72%) |
| Ex-dividend date | 12 Apr 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
GE Vernova has 'multi-year pathway' to profitability: Analyst
General Electric (GE) has successfully split its business into three independent companies, with GE Vernova (GEV) representing the energy-focused division. RBC Capital Markets Analyst Chris Dendrinos joins Yahoo Finance Live to discuss his bullish initiation of coverage on GE Vernova, rating the stock as Outperform with a $160 price target. Dendrinos explains that with "multi-national conglomerate[s]," funds are often invested in certain parts of the business while others remain underinvested. With General Electric's company splitting into standalone businesses, he believes all investments for GE Vernova will be directed into the energy business, boosting transformation efforts. When asked about competition concerns, Dendrinos says that GE Vernova is a "leader" in all of its segments. However, he notes that on the wind front, Siemens Energy (ENR.DE) could be a competitor, and in the power segment, Mitsubishi (6503.T) could pose a challenge. Dendrinos highlights that GE Vernova has a "multi-year pathway" to financial improvement, emphasizing that it will be a long-term effort to reach normalization. Nevertheless, he believes the company will eventually achieve the desired free cash flow, which should boost the stock's valuation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
- Yahoo Finance Video
GE completes split into three independent companies
General Electric has finalized its restructuring, separating into three distinct publicly-traded companies. The newly independent entities, GE Aerospace (GE) and GE Vernova (GEV), now trade individually on the New York Stock Exchange. GE Vernova will concentrate its efforts on energy transition solutions, while GE Aerospace specializes in aviation manufacturing, and GE HealthCare focuses on developing medical technology. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Angel Smith
- Yahoo Finance Video
Stocks tumble, Tesla sinks on delivery miss: Yahoo Finance Live
All three of the major indexes (^DJI, ^IXIC, ^GSPC) are moving lower on Tuesday. Rising Treasury yields (^TNX) and oil prices (CL=F, BZ=F) have investors on edge. There are also growing concerns that the Federal Reserve may not cut rates in June like many have been hoping. The declines are also weighing on the price of bitcoin (BTC-USD). Shares of Tesla (TSLA) are falling sharply after the EV maker reported it delivered 386,810 vehicles in the first quarter, well short of the estimated 449,080. Tesla produced 433,371 vehicles in the quarter compared to an estimate of 452,976. Trending tickers on Yahoo Finance include GE Aerospace (GE), UnitedHealth Group (UNH), and Humana (HUM). Top guests today include:3:05 p.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist3:15 p.m. ET - Dan Levy, Barclays Senior Autos Analyst3:30 p.m. ET - Gary Taylor, TD Cowen Senior Equity Research Analyst4:05 p.m. ET - Alan Blinder, Princeton University Professor of Economics and Public Affairs; Former Fed Vice Chair4:40 p.m. ET - Julia Pollak, ZipRecruiter Chief Economist
