Last €21.89 EUR
Change Today +0.08 / 0.37%
Volume 9.8K
As of 9:19 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

general electric co (GNE) Snapshot

Open
€21.90
Previous Close
€21.81
Day High
€21.95
Day Low
€21.71
52 Week High
01/23/15 - €22.05
52 Week Low
02/3/14 - €17.95
Market Cap
219.8B
Average Volume 10 Days
7.7K
EPS TTM
€1.07
Shares Outstanding
10.0B
EX-Date
12/18/14
P/E TM
20.4x
Dividend
€0.84
Dividend Yield
3.10%
Current Stock Chart for GENERAL ELECTRIC CO (GNE)

general electric co (GNE) Details

General Electric Company operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, generators, combined cycle systems, controls, and related services; wind turbines and solar technology; and water treatment services and equipment. Its Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, reactors, industrial power generation, and auxiliary equipment. The company’s Energy Management segments offers electrical distribution and control products, lighting and power panels, switchgears, and circuit breakers; engineering, inspection, mechanical, and emergency services; motors, drives, and control technologies; and plant automation, hardware, software, and embedded computing systems. Its Aviation segment offers jet engines, turboprop and turbo shaft engines, related replacement parts, and aerospace systems and equipment for military and commercial aircrafts; and maintenance, component repair, and overhaul services. The company’s Healthcare segment provides medical imaging and information technologies, medical diagnostics, and patient monitoring systems; and disease research, drug discovery, and remote diagnostic and repair services. Its Transportation segment offers freight and passenger locomotives, diesel engines for rail, marine, and stationary power applications; railway signaling and communications systems; underground mining equipment; motorized drive systems; energy storage systems; and information technology solutions. Its Home and Business Solutions segment manufactures home appliances and lighting products. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, home loans, credit cards, personal loans, and other financial services. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Founded in 1892

general electric co (GNE) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $8.5M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $3.4M
Vice Chairman, Chief Executive Officer of GE ...
Total Annual Compensation: $6.4M
Vice Chairman, Chairman of GE Capital and Chi...
Total Annual Compensation: $6.0M
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $4.5M
Compensation as of Fiscal Year 2013.

general electric co (GNE) Key Developments

General Electric Company Reports Unaudited Consolidated and Parent Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year of 2015

General Electric Company reported unaudited consolidated and parent earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, on consolidated basis, the company reported total revenues and other income of $42,004 million against $40,382 million a year ago, up 4% in the quarter. Earnings from continuing operations before income taxes were $6,079 million against $4,659 million a year ago. Earnings from continuing operations were $5,479 million or $0.52 per diluted share against $5,149 million or $0.49 per basic and diluted share, a year ago. Net earnings attributable to the company were $5,152 million or $0.51 per basic and diluted share against $3,206 million or $0.32 per basic and diluted share, a year ago. Net earnings attributable to GE common shareowners were $5,152 million against $3,206 million a year ago. Non-GAAP Operating earnings were $5,635 million or $0.56 per diluted share against $5,417 million or $0.53 per diluted share, last year. Cash from GE's operating activities (continuing operations) was $7,996 million against $6,247 million a year ago. Cash generated from Industrial operating activities, excluding the NBCUniversal deal-related taxes, was $7,271 million against $5,557 million a year ago. Non-GAAP Operating earnings were $16,723 million or $1.65 per diluted share against $16,882 million or $1.64 per diluted share, last year. For the quarter, on parent basis, the company reported total revenues and other income of $33,116 million against $32,312 million a year ago. Earnings from continuing operations before income taxes were $5,884 million against $5,736 million a year ago. Earnings from continuing operations were $5,393 million against $5,134 million a year ago. Net earnings attributable to the company were $5,152 million against $3,206 million a year ago. Net earnings attributable to GE common shareowners were $5,152 million against $3,206 million a year ago. For the full year, on consolidated basis, the company reported total revenues and other income of $148,589 million against $146,045 million a year ago. Earnings from continuing operations before income taxes were $17,229 million against $16,151 million a year ago. Earnings from continuing operations were $15,457 million or $1.51 per diluted share against $15,475 million or $1.47 per diluted share a year ago. Net earnings attributable to the company were $15,233 million or $1.50 per diluted share against $13,057 million or $1.27 per diluted share a year ago. Net earnings attributable to GE common shareowners were $15,233 million against $13,057 million a year ago. Cash from GE's operating activities (continuing operations) was $15,171 million against $14,255 million a year ago. Cash generated from Industrial operating activities, excluding the NBCUniversal deal-related taxes, was $12,171 million against $11,454 million a year ago. Non-GAAP Operating earnings were $16,723 million or $1.65 per diluted share against $16,882 million or $1.64 per diluted share, last year. The company provided earnings guidance for the full year of 2015. The company expects to generate about $0.60 on an EPS basis as Jeff discussed last month during the annual outlook meeting. The company expects to earn approximately $1.5 billion in the first quarter of the year.

GE and KAUST Sign Agreement for Research on Gas Turbines

GE has signed a cooperative research agreement with King Abdullah University of Science & Technology, or KAUST, to reportedly undertake research on enhancing the fuel flexibility of GE's gas turbines. The collaborative research, led by Saudi-based international professionals and students from KAUST along with GE's global team, will focus on the impact of using heavy liquid fuels on advanced gas turbines. The goal of this groundbreaking study is to help advance the overall fuel flexibility of gas turbines, which in turn can positively impact power plant availability, enabling power producers to meet the growing demand for electricity in the Kingdom. According to Bill Roberts, director, KAUST Clean Combustion Center, the university's cooperative research with GE is a strong example of the academic-industry linkages KAUST fosters. The collaborative research project, scheduled to begin this year, is co-funded by GE and KAUST. Research results will be evaluated by GE experts to determine feasibility.

General Electric Receives Order from Tennessee Valley Authority to Supply Gas Turbine Generators for Allen Plant

General Electric has received an order from the Tennessee Valley Authority, or TVA, to supply two 7HA.02 gas turbine generators for the new combined-cycle Allen plant. The new plant will replace three coal-fired units that are being retired as TVA works toward a December 2018 deadline from the US Environmental Protection Agency (EPA) to reduce coal emissions. GE's 7HA.02 gas turbines run on natural gas and are the large and most-efficient 60-hertz gas turbines. In baseload operation, a 2X1 7HA.02 combined-cycle power plant, when compared to a typical coal fired power plant, will reduce carbon dioxide (CO2) emissions by approximately 65% and reduce both sulfur dioxide (SO2) and nitrogen oxide (NOx) emissions by over 95%. The TVA Allen plant will have the capacity to generate 1,000 megawatts of power in combined-cycle mode, the equivalent power that would be needed to supply 1 million US homes.

 

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Industry Analysis

GNE

Industry Average

Valuation GNE Industry Range
Price/Earnings 16.5x
Price/Sales 1.7x
Price/Book 1.8x
Price/Cash Flow 18.5x
TEV/Sales NM Not Meaningful
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