GE Vernova Inc (NYSE:GEV) has a beta value of 1.10 and has seen 0.62 million shares traded in the recent trading session. The company, currently valued at $88.19B, closed the recent trade at $322.64 per share which meant it gained $9.56 on the day or 3.05% during that session. The GEV stock price is -38.7% off its 52-week high price of $447.50 and 59.05% above the 52-week low of $132.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.06 million shares traded. The 3-month trading volume is 4.43 million shares.
The consensus among analysts is that GE Vernova Inc (GEV) is Buy stock at the moment, with a recommendation rating of 1.54. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
GE Vernova Inc (NYSE:GEV) trade information
Sporting 3.05% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GEV stock price touched $322.64 or saw a rise of 5.1%. Year-to-date, GE Vernova Inc shares have moved -1.91%, while the 5-day performance has seen it change 0.11%. Over the past 30 days, the shares of GE Vernova Inc (NYSE:GEV) have changed -3.36%. Short interest in the company has seen 5.37 million shares shorted with days to cover at 1.22.
Wall Street analysts have a consensus price target for the stock at $380, which means that the shares’ value could jump 15.09% from the levels at last check today.. The projected low price target is $324.0 while the price target rests at a high of $445.0. In that case, then, we find that the latest price level in today’s session is -37.92% off the targeted high while a plunge would see the stock gain -0.42% from the levels at last check today..
GE Vernova Inc (GEV) estimates and forecasts
The company’s shares have gained 18.62% over the past 6 months.
GEV Dividends
GE Vernova Inc is expected to release its next earnings report on 2025-Jan-21 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.50 at a share yield of 0.15%. The company’s dividend yield has gone up over the past 12 months.
GE Vernova Inc (NYSE:GEV)’s Major holders
Insiders own 0.06% of the company shares, while shares held by institutions stand at 80.42% with a share float percentage of 80.47%. Investors are also buoyed by the number of investors in a company, with GE Vernova Inc having a total of 2352.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 26.9 million shares worth more than $4.61 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.8165% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 23.46 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.02 billion and represent 8.5633% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.16% shares in the company for having 8.63 shares of worth $2.8 billion while later fund manager owns 7.46 shares of worth $2.42 billion as of Dec 31, 2024 , which makes it owner of about 2.73% of company’s outstanding stock.
