GE Aerospace (NYSE:GE) Announces $0.47 Quarterly Dividend

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

GE Aerospace has increased its dividend by an average of 0.4%annually 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. Research 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

GE stock opened at $370.74 on Friday. The stock has a market capitalization of $386.81 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 3.24 and a beta of 1.37. The stock’s fifty day moving average is $313.66 and its two-hundred day moving average is $311.61. GE Aerospace has a 1 year low of $243.34 and a 1 year high of $379.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. GE Aerospace’s quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts predict that GE Aerospace will post 7.48 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Seaport Research Partners started coverage on GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. Finally, Morgan Stanley cut their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $348.22.

About GE Aerospace

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.