Analysts foresee more earnings General Electric, relatively high dividend

Tomorrow the American General Electric will report her past quarter's results. For this year the consensus of the revenue equals 126,1 billion dollars. This is slightly more than the revenue over 2015 of 117,39 billion dollars.

Historical revenues and results General Electric plus taxations 2016

The analysts estimate for 2016 a net profit of 13,07 billion dollars. For this year most of the analysts expect a profit per share of 1,49 dollars. With these estimates the PE-ratio equals 19,5.

Quite high dividend General Electric

The average of the dividends estimates is at 0,94 cents. The dividend yield consequently equals 3,23 percent. On average the diversified company yields a rather high dividend return of around 1,99 percent.

Latest target prices around 33 dollars

General Electric is being covered by 13 analysts (only based on fundamental analysis). The average target price for the stock is at 32,4 dollars. This is around 11 percent more than the current stock price of 29,06 dollars. Barclays , Morgan Stanley and RBC Capital Markets recently provided recommendations for the company.

Based on the number of outstanding shares General Electric 's market capitalization equals 272,56 billion dollars.

The stock closed last Wednesday at 29,06 dollars.

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