WallStreetZenWallStreetZen

How to Buy General Electric Co Stock

General Electric Co

General Electric Co is a specialty industrial machinery company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker GE on the NYSE exchange.

General Electric Co stock last closed at $91.37, down 0.24% from the previous day, and has decreased 2.92% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.04 percentage points. General Electric Co stock is currently +52.46% from its 52-week low of $59.93, and -3.96% from its 52-week high of $95.14.

There are currently 1.09B shares of GE outstanding. The market value of GE is $99.53B. In the past 24 hours, 6.66M GE shares were traded.

How to Buy General Electric Co Stock

Wondering how to invest in General Electric Co stock? Here's how.
  1. Choose where to buy General Electric Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy General Electric Co stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. Research General Electric Co stock: The General Electric Co ticker symbol is GE. Is General Electric Co stock a good investment? Should you buy shares of GE? How do GE's underlying business fundamentals look? Do top analysts think General Electric Co is a good buy? Why has GE's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if GE is a good stock to buy).
  5. Make your GE purchase: Decide if you will purchase GE shares at the current market price or use a limit order to buy GE stock at a particular price.
  6. Get key alerts regarding your investment in GE: Create a watchlist to monitor your investment in General Electric Co stock.

Step 1: Choose where to buy General Electric Co stock

You need a brokerage account to access the NYSE market and buy GE shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to global financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by opening an account with eToro now.

Open eToro Account

Step 2: Open your brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal info so you are able to invest in GE stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
  2. Input your personal info to open your new trading account.
  1. Submit your application by hitting the "Create Account" button.
Get started with eToro today

Step 3: Deposit money your brokerage account

Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring funds into your new brokerage account.

Get started with eToro today

Step 4: Research General Electric Co stock

Once you have identified the best place to buy General Electric Co stock, it's very important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

General Electric Co shares data

GE Price
$91.37
1w %
1.2%
1y %
-2.92%
5y %
-11.39%
P/E
-1,522.83x
P/B
2.74x
P/S
1.3x
PEG
N/A
Revenue
$76.56B
Earnings
-$64.00M
Fore. Rev. Growth
-6.53%
Fore. Earn. Growth
N/A
Market Cap
$99.53B
Next Earnings
Apr 24, 2023
Next Dividend
Apr 25, 2023

GE Zen Score

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on GE's stock page.

What is the fair value of GE stock?

You can use many financial metrics, analyses, models, and charts to gauge GE's intrinsic value.

Using relative valuations measures:

  • GE may be undervalued based on its P/B ratio of 2.74x, relative to Specialty Industrial Machinery industry P/B ratio of 4.23x

You can access more valuation analysis on GE's stock here.

GE Financial Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the GE balance sheet.
  • Total GE debt is lower than 5 years ago, relative to shareholder equity.
  • GE profit margin has gone up from -9.1% to -0.1% in the past year.

Failed Financial Due Diligence Checks:

  • GE's operating cash flow of $5.92B allows it to safely service it's debt of $32.35B.
  • GE has a relatively high debt to equity ratio of 4.13.
  • There are more long-term liabilities than short-term assets on the GE balance sheet.
  • GE earnings of $2.31B is not sufficient to cover its interest payments.

Is GE stock a Buy, Hold, or Sell, according to analysts?

Out of 14 Wall Street analysts who research GE, the consensus analyst rating on GE is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent GE Analyst Ratings

Christopher Glynn, a top 15% analyst from Oppenheimer maintains GE with a buy rating and raises their GE price target from $98.00 to $102.00, on Mar 14, 2023.

Joe Ritchie, a top 11% analyst from Goldman Sachs maintains GE with a strong buy rating and raises their GE price target from $84.00 to $96.00, on Mar 13, 2023.

Deane Dray, a top 19% analyst from RBC Capital maintains GE with a buy rating and raises their GE price target from $93.00 to $100.00, on Mar 10, 2023.

Seth Seifman, a top 26% analyst from JP Morgan maintains GE with a hold rating and raises their GE price target from $88.00 to $100.00, on Mar 10, 2023.

Andrew Obin, a top 15% analyst from Bank of America maintains GE with a strong buy rating and raises their GE price target from $92.00 to $96.00, on Mar 6, 2023.

Maintaining his Strong Buy rating, Obin raised his price target on the General Electric Company by 4.3% ahead of the company's 2023 GE Investor Conference event scheduled for 2023/03/09.

Previewing the event, the analyst expects (1) "improved international air traffic to be the largest source of upside for GE Aerospace, and (2) 2024 framework for Vernova's adjusted operating profit to show "significant improvement" against 2023 guidance."

Explaining his new price target, Obin told investors that he adjusted his "sum of the parts analysis to include Vernova and GE Aerospace forecasts as well as a higher target multiple to reflect GE's improved balance sheet."

Future debt reduction will be aided by monetization of GE's "sizeable" equity stakes in AerCap and GE Healthcare, the analyst continued, adding that "GE has also made progress on its run-off insurance subsidiaries."

Those steps may provide "GE more optionality around the future of these insurance subsidiaries," Obin said.

You can dive deeper into what analysts are forecasting on the General Electric Co stock forecast page.

Metrics for Advanced GE Traders

SMA10
90.68
SMA20
88.73
SMA50
84.43
SMA100
83.29
SMA200
76.57
MACD
2.09
MACD Signal
2.1
MACD Histogram
-0.01
RSI
59.54
Stochastic %K
55.78
Stochastic %D
58.79
StochRSI %K
14.37
StochRSI %D
16.34

Is GE Making Money?

Last year, GE revenue was $76.56B. During the past 5 year, GE's revenue has increased by -5.07% per year. This was slower than the Specialty Industrial Machinery industry average of 3.13%.

Dive into GE's earnings and revenue performance here.

Latest Insiders Trades at GE

In the past year, executives and large shareholders at GE have bought more shares than they have sold.

L. Kevin Cox, Senior Vice President of GE, was the latest GE insider to sell. They sold $120,075.20 worth of GE stock on Mar 2, 2023.

Learn more about who owns GE shares here.

Can I get consistent income from GE stock?

General Electric Co pays a dividend of 0.35%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.51%. If you owned $1,000 of GE stock, you would have received $3.50 in the past 12 months.

General Electric Co dividend payments have not consistently grown over the past decade and have not remained stable.

Find more analysis about General Electric Co dividend yield and history here.

What others are saying about GE

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your GE purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, use a limit order.

Hit the Open Trade button and your broker will execute the order.

If you want additional info about investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in GE

Now that you own some GE shares, you'll want to keep up with your investment.

Add GE to a watchlist to keep tabs on your GE stock.

GE Feed

How to Buy Stock in General Electric Co

To reiterate, here are the 6 steps for buying General Electric Co stock:

  1. Choose where to buy General Electric Co stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research General Electric Co stock
  5. Make your GE purchase
  6. Get key alerts regarding your investment in GE

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to track your new investment in General Electric Co, click the button below.

NYSE: GE
$91.37-0.22 (-0.24%)
Updated Mar 24, 2023
Open eToro Account
NYSE: GE
$91.37-0.22 (-0.24%)
Updated Mar 24, 2023
Open eToro Account

FAQ

How much does it cost to buy one General Electric Co share?

As of Mar 24, 2023, it costs $91.37 to buy one share of General Electric Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.109 shares of GE.

Get Started with eToro Today

Is now a good time to buy General Electric Co stock?

According to 14 Wall Street analysts who monitor General Electric Co, their consensus recommendation is to buy General Electric Co stock.

What is the best way to buy General Electric Co stock?

One way to place an order for General Electric Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.