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
Tesla, Boeing, Big Tech earnings, PCE data: What to watch
As the week draws to a close at Yahoo Finance, anchors Julie Hyman and Madison Mills preview the key events to watch in the upcoming week. Earnings results will be in focus. Tuesday sees a number of big names reporting, such as Tesla (TSLA), PepsiCo (PEP), and General Electric (GE). On Wednesday, Boeing (BA) will unveil its first quarter earnings, an eagerly anticipated report as the company continues to navigate significant headwinds and operational challenges. There are also earnings from Big Tech companies Meta (META), Alphabet (GOOGL, GOOG), and Microsoft (MSFT). Friday energy giants Chevron (CVX) and ExxonMobil (XOM) are scheduled to release their earnings reports, providing insights into the health and dynamics of the oil market. Last, the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, will be released on Friday. It's a crucial metric for the central bank's future monetary policy decisions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- 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
