GE Aerospace (GE) Stock Price | Stock Quote Nyse - MarketScreener (2024)

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What will GE Aerospace stock price be? ›

GE Stock 12 Month Forecast

Based on 16 Wall Street analysts offering 12 month price targets for GE Aerospace in the last 3 months. The average price target is $179.13 with a high forecast of $211.00 and a low forecast of $148.00. The average price target represents a 8.90% change from the last price of $164.49.

The consensus among 17 Wall Street analysts covering (NYSE: GE) stock is to Strong Buy GE stock.

GE Aerospace's quarterly dividend will rise to 28 cents from 8 cents per share, payable April 25 to shareholders of record April 15. The announcement came after GE Aerospace began trading as a separate company following its split with GE Vernova earlier this week.

On July 18, 2022, GE announced that GE Aviation had been renamed "GE Aerospace", and would become the successor to the GE company once the spinoffs of its subsidiaries are completed. GE Aerospace will own the GE trademark and logo, and will license the brand to the other companies, GE HealthCare and GE Vernova.

The industrial giant earns an IBD Composite Rating of 95 out of 99, according to the IBD Stock Checkup tool. The rating combines key technical and fundamental metrics in a single score. General Electric owns an RS Rating of 95, meaning it has outperformed 95% of all stocks in IBD's database over the past year.

RBC Capital Markets analysts also boosted their price target, to $175 from $165, while affirming their outperform rating. They expressed confidence in GE Aerospace's 2024 outlook, supported by the strong financial metrics reported for the first quarter.

In 2018, GE—the last original component of the DJIA—was dropped from the index after years of poor performance and declining revenues. In 2024, the conglomerate split into three independent companies, one specializing in aircraft engines, another in medical equipment, and the third in turbines.

GE Aerospace and GE Vernova will make their joint official debut on April 2, 2024. In essence, it will be a de facto 4-for-1 forward stock split for current GE stockholders of record as of March 19th. Each GE shareholder will receive 4 shares of GE Vernova.

Does GE pay a good dividend? ›

Dividend History and Growth

General Electric Company ( GE ) dividend payments per share are an average of 62.50% over the past 12 months, 17.57% over the past 36 months, -24.21% over the past 60 months, and -22.39% over the past 120 months.

No, the number of shares of GE common stock you own did not change as a result of the GE HealthCare spin-off. Unless you sold or otherwise disposed of your shares of GE common stock, your balance before and after the spin-off is the same.

The company operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and a financial services segment called GE Capital. The top shareholders of General Electric are Vanguard, Capital Research Global Investors, and BlackRock.

General Electric's revenue is forecast to decline at 11.1% per annum while its annual earnings are expected to grow at 14.2% per year. EPS is expected to grow by 13.9% per annum. Return on equity is forecast to be 23.5% in 3 years.

GE Aerospace - 62 Year Stock Price History | GE

The latest closing stock price for GE Aerospace as of May 03, 2024 is 164.11. The all-time high GE Aerospace stock closing price was 203.57 on August 28, 2000. The GE Aerospace 52-week high stock price is 180.36, which is 9.9% above the current share price.

Each GE shareholder is receiving one share of GE Vernova for every four shares they hold of GE.

GE Stock Price Forecast 2024-2025

GE price started in 2024 at $127.63. Today, GE traded at $154.63, so the price increased by 21% from the beginning of the year. The forecasted GE price at the end of 2024 is $220 - and the year to year change +72%. The rise from today to year-end: +42%.

NEW YORK – April 2, 2024 – GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker “GE”.

Selling before a reverse stock split is a good idea, but selling after the reverse stock split is not. Since you can sell before and after a reverse stock split, selling during one is optional. The main advantage of selling before the reverse stock split is that you don't have to wait around for it to happen.