In today’s recent session, 0.86 million shares of the GE Vernova Inc (NYSE:GEV) have been traded, and its beta is 1.21. Most recently the company’s share price was $398.91, and it changed around -$2.19 or -0.55% from the last close, which brings the market valuation of the company to $108.88B. GEV at last check was trading at a discount to its 52-week high of $447.50, offering almost -12.18% off that amount. The share price’s 52-week low was $150.01, which indicates that the recent value has risen by an impressive 62.4% since then.
GE Vernova Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.62. If we narrow it down even further, the data shows that 0 out of 34 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 6 recommended GEV as a Hold, whereas 19 deemed it a Buy, and 1 rated it as Underweight. GE Vernova Inc is expected to report earnings per share of 1.42 for the current quarter.
GE Vernova Inc (NYSE:GEV) trade information
Instantly GEV has been showing red trend so far today with a performance of -0.55% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 403.80 on recent trading dayincreased the stock’s daily price by 1.21%. The company’s shares are currently up 21.28% year-to-date, but still up 7.47% over the last five days. On the other hand, GE Vernova Inc (NYSE:GEV) is 46.94% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $380, which translates to bulls needing to decrease their stock price by -4.98% from its current value. Analyst projections state that GEV is forecast to be at a low of $351 and a high of $445.
GE Vernova Inc (GEV) estimates and forecasts
The year-over-year growth rate is expected to be 5.61%, up from the previous year.
Consensus estimates provided by 18 financial analysts predict the company will bring in an average of 8.76B in revenue for the current quarter. 18 analysts expect GE Vernova Inc to make 9.27B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 8.2B and 8.91B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.76%. Forecasts for the next quarter put sales growth at 3.96%.
GEV Dividends
GE Vernova Inc’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 0.13 percent and its annual dividend per share was 0.50. It is important to note, however, that the 0.13% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
FMR LLC, with 8.5633% or 23.46 million shares worth $4.02 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 8.63 shares worth $3.46 billion, making up 3.16% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 7.46 shares worth around $2.99 billion, which represents about 2.73% of the total shares outstanding.
