December 15th, 2015

Market Update: General Electric Company (NYSE:GE) – GE Energy Financial Services and Virginia Solar Group Commission Pacifico Energy Kumenan Mega Solar Plant in Okayama Prefecture, Japan

[Business Wire] – OKAYAMA, Japan–(BUSINESSWIRE)– GE Unit ( NYSE:GE ), GE Energy Financial Services and Virginia Solar Group have commenced commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega … Read more on this. General Electric Company (GE) , currently valued at $275.50B, started the session at $29.55. Looking at today’s market, GE one day range is $29.52 to $29.98 and has traded between $19.37 and $32.05 over the past 12 months. GE shares are currently priced at 19.63x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.81x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $0.92 per share annually in dividends, yielding 3.10%. According to a consensus of 13 analysts, the earnings estimate of $0.46 per share would be $0.15 better than the year-ago quarter and a $0.18 sequential increase. The full-year EPS estimate is $1.51, which would be a $0.20 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $30.74 Billion. If realized, that would be a 3.64% increase over the year-ago quarter. More recently, Bernstein downgraded GE from Outperform to Mkt Perform (Apr 4, 2016). Previously, UBS Initiated GE at to Buy. Given all the information above, we should disclose to readers that the average price target is $32.79, which is 10.96% above than it opened this morning. See more in (NYSE:GE) Similar Articles: Company Update: General Electric Company (NYSE:GE) – 81% of Consumers are Unsatisfied with their Healthcare Experience, According to a New Study by Prophet and GE Healthcare Camden Group Stock Update: General Electric Company (NYSE:GE) – General Electric to move headquarters to Boston – report Stock Update: General Electric Company (NYSE:GE) – From Bhikki to Balloki: GE and Harbin to Deliver Second High-Efficiency HA Gas Power Plant for Pakistan
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.