Analysts Point To GE Aerospace (NYSE: GE) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, GE falls under the Industrials sector while operating within the Aerospace & Defense industry segment. The current market capitalization of GE Aerospace is $177.71B. A total of 5.87 million shares were traded on the day, compared to an average of 8.62M shares.

In the most recent transaction, Holston Michael J sold 22,055 shares of GE for 144.87 per share on Feb 14 ’24. After the transaction, the Senior Vice President now owns 56,284 company shares. In a previous transaction on Feb 02 ’24, Holston Michael J sold 13,601 shares at 135.55 per share. GE shares that Senior Vice President owns now total 48,339.

Among the insiders who sold shares, Holston Michael J disposed of 112,614 shares on Jul 27 ’23 at a per-share price of $115.20. This resulted in the Senior Vice President holding 57,923 shares of GE after the transaction. In another insider transaction, GENERAL ELECTRIC PENSION TRUST bought 35,160 shares at $995.44 per share on Jun 30 ’23. Company shares held by the 10% Owner now total 175,160.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. GE Aerospace pays an annual dividend of $0.52, resulting in a dividend yield of 0.32%, and it has a price to earnings (P/E) ratio of 53.30. GE’s most recent ex-dividend date was 4/12/2024 when it declared a $0.28 quarterly dividend that was paid in cash on 4/25/2024. Previously, the company paid the dividend on 1/25/2024 with an ex-dividend date of 12/27/2023. The GE stock dividend was $0.08 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, GE has a high of $163.65 and a low of $76.63.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. GE’s latest balance sheet shows that the firm has $28.07B in Cash & Short Term Investments as of fiscal 2021. There were $38.03B in debt and $51.95B in liabilities at the time. Its Book Value Per Share was $27.27, while its Total Shareholder’s Equity was $41.61B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GE is Buy with a score of 4.80.

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