Current GE Stock Price: $78.90 (GE)

GE Stock Price Analysis

General Electric (GE) is a global conglomerate with operations in a wide range of industries, including power generation, aviation, and healthcare. The company has been publicly traded since 1892 and is a component of the Dow Jones Industrial Average.

Key Financial Highlights

• Revenue: $111.7 billion in 2023
• Net income: $6.8 billion in 2023
• Earnings per share: $2.74 in 2023
• Dividend yield: 1.04% (as of February 23, 2023)

Recent Stock Price Performance

GE's stock price has fluctuated significantly in recent years. In 2017, the stock hit a high of $33.94, but it has since declined due to factors such as the COVID-19 pandemic and the company's ongoing restructuring efforts.

In 2023, GE's stock has been on a recovery path. The stock rose 12.5% in the fourth quarter of 2022 and has continued to climb in 2023. As of February 23, 2023, GE's stock price is $78.90, giving the company a market capitalization of $119.7 billion.

Factors Affecting GE's Stock Price

Several factors affect GE's stock price, including:

• Economic conditions: The health of the global economy can impact GE's sales and profits.
• Industry trends: The company's performance is influenced by trends in the power generation, aviation, and healthcare industries.
• Restructuring and acquisitions: GE has been engaged in a restructuring program since 2017, which has included the sale of several businesses. The company has also made several acquisitions in recent years.
• Competition: GE faces intense competition from other companies in its various industries.
• Management performance: The leadership and execution of GE's management team can significantly impact the company's stock price.

GE's Growth Strategy

GE is focused on growing its business in three key areas:

• Power: The company is investing in renewable energy and grid technologies.
• Aviation: GE is developing new engines and technologies for the commercial and military aviation markets.
• Healthcare: GE is expanding its portfolio of medical equipment and services.

Investment and Trading Considerations

Investors considering investing in GE should carefully evaluate the company's financial performance, growth strategy, and competitive landscape. The company's stock is volatile, so investors should exercise caution and consider their risk tolerance before making any investment decisions.

Additional Resources

• GE Investor Relations
• GE Annual Report
• GE Stock Chart

FAQs

1. What is GE's current stock price?
   - As of February 23, 2023, GE's stock price is $78.90.

2. What is GE's market capitalization?
   - As of February 23, 2023, GE's market capitalization is $119.7 billion.

3. What is GE's dividend yield?
   - As of February 23, 2023, GE's dividend yield is 1.04%.

   

4. What is GE's revenue for 2023?
   - GE's revenue for 2023 is $111.7 billion.

5. What is GE's net income for 2023?
   - GE's net income for 2023 is $6.8 billion.

6. What is GE's earnings per share for 2023?
   - GE's earnings per share for 2023 is $2.74.