Streetbeat News

General Electric Company

https://www.geaerospace.com

Industry

Aerospace & Defense

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

Open

165.65

Mkt cap

180B

Volume

3.5M

High

167.85

P/E Ratio

32.68

52-wk high

194.80

Low

165.54

Div yield

0.01

52-wk low

97.23

GE Aerospace's Board of Directors has declared a regular quarterly dividend of $0.28 per share, payable on January 27, 2025, to shareholders of record as of December 27, 2024.

Portfolio Pulse from

December 13, 2024 | 6:30 pm

GE Vernova hosted its 2024 Investor Update event, projecting growth but acknowledging challenges in its wind segment. The company outlined its multi-year financial outlook and capital allocation strategy.

Portfolio Pulse from

December 11, 2024 | 3:30 pm

GE Vernova CEO Scott Strazik discusses the company's strong position in the growing electricity market, highlighting the surge in stock since its spin-off from General Electric and the demand outlook for data centers and nuclear power.

Portfolio Pulse from

December 11, 2024 | 3:30 pm

GE Vernova is hosting an analyst event on Tuesday evening, where they might discuss growth strategies and potentially announce a dividend, which would be a positive development for investors.

Portfolio Pulse from

December 10, 2024 | 6:15 am

GE Aerospace, formerly known as General Electric, has transformed into a specialist in airplane engine manufacturing for commercial and military clients after spinning off GE HealthCare and GE Vernova.

Portfolio Pulse from

December 07, 2024 | 12:30 pm

GE Vernova, a General Electric spinoff, is planning to deploy its small modular reactor, BWRX-300, across the developed world. The company aims to generate over $2 billion in annual revenue from this business by the mid-2030s.

Portfolio Pulse from

November 30, 2024 | 1:15 pm

GE Vernova, a spin-off from General Electric, is positioned for growth in the energy sector with strong revenue and order growth. The company benefits from trends in electrification and decarbonization, and its service components drive recurring revenue and margin expansion.

Portfolio Pulse from

November 25, 2024 | 4:30 am

GE Aerospace reported a 28% increase in order inflow and an adjusted EPS of $1.15 in Q3, despite revenue falling short. The company is addressing supply chain challenges and pressures from key programs. With a strong commercial backlog and long-term service contracts, GE Aerospace shows potential for long-term profitability improvement.

Portfolio Pulse from

November 24, 2024 | 2:30 pm

IQ-AI's subsidiary, Imaging Biometrics, has expanded its partnership with GE Healthcare to enhance the distribution of its brain tumor assessment platforms, IB Neuro and IB Delta T1.

Portfolio Pulse from

November 23, 2024 | 11:00 am

GE Aerospace has successfully tested a hybrid-electric turboshaft engine for the U.S. Army, marking a significant advancement in military aviation technology.

Portfolio Pulse from

November 22, 2024 | 3:45 pm

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