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.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 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
- Click here to get started.
- Input your personal info to open your new trading account.
- Submit your application by hitting the "Create Account" button.
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.
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 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
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:
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:
- Choose where to buy General Electric Co stock
- Open your brokerage account
- Deposit money your brokerage account
- Research General Electric Co stock
- Make your GE purchase
- Get key alerts regarding your investment in GE
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in General Electric Co, click the button below.
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