In the latest trading session,, 0.85 million GE Vernova Inc (NYSE:GEV) shares changed hands as the company’s beta touched 1.39. With the company’s most recent per share price at $459.57 changing hands around $9.53 or 2.12% at last look, the market valuation stands at $125.43B. GEV’s last price was a premium, traded about 1.79% off its 52-week high of $451.36. The share price had its 52-week low at $150.01, which suggests the last value was 67.36% up since then.
Analysts gave the GE Vernova Inc (GEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.59. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended GEV as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
GE Vernova Inc (NYSE:GEV) trade information
Instantly GEV is in green as seen in intraday trades today. With action 6.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 39.72%, with the 5-day performance at 6.18% in the green. However, in the 30-day time frame, GE Vernova Inc (NYSE:GEV) is 40.94% up.
The consensus price target for the stock as assigned by Wall Street analysts is 380, meaning bulls need a downside of -20.94% from its recent market value. According to analyst projections, GEV’s forecast low is 351 with 445 as the target high. To hit the forecast high, the stock’s price needs a 3.17% surge from its current level, while the stock would need to tank 23.62% for it to hit the projected low.
The 2025 estimates are for GE Vernova Inc earnings to increase by 1147.90%.
GEV Dividends
GE Vernova Inc is expected to release its next quarterly earnings report in June. The 0.11% annual yield figure for the share gives it an annual dividend of 0.50. It is important to note, however, that the 0.11% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
FMR LLC holds the second largest percentage of outstanding shares, with 8.5633% or 23.46 million shares worth $4.02 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 8.63 shares estimated at $3.95 billion under it, the former controlled 3.16% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.73% of the shares, roughly 7.46 shares worth around $3.41 billion.
