GE Aerospace (GE) To Go Ex-Dividend on July 6th

GE Aerospace (NYSE:GE) declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Monday, July 6th will be paid a dividend of 0.47 per share on Monday, July 27th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th.

GE Aerospace has raised its dividend payment by an average of 0.4%per year over the last three years and has raised its dividend every year for the last 2 years. GE Aerospace has a dividend payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GE Aerospace to earn $8.67 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 21.7%.

GE Aerospace Stock Performance

Shares of GE stock opened at $377.14 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The stock has a market cap of $393.49 billion, a PE ratio of 46.45, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35. The stock has a 50-day moving average of $322.83 and a 200-day moving average of $315.01. GE Aerospace has a one year low of $243.34 and a one year high of $382.97.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period last year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

Wall Street Analyst Weigh In

GE has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. Finally, Jefferies Financial Group raised their price target on GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $357.56.

GE Aerospace Company Profile

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.