GE Aerospace (GE) to Issue Quarterly Dividend of $0.47 on April 27th

GE Aerospace (NYSE:GE) declared a quarterly dividend on Friday, February 6th. Investors of record on Monday, March 9th will be given a dividend of 0.47 per share on Monday, April 27th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, March 9th. This is a 30.6% increase from GE Aerospace’s previous quarterly dividend of $0.36.

GE Aerospace has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. GE Aerospace has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect GE Aerospace to earn $6.46 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 29.1%.

GE Aerospace Price Performance

Shares of NYSE:GE opened at $322.69 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The company’s fifty day moving average price is $319.65 and its 200-day moving average price is $303.62. GE Aerospace has a one year low of $159.36 and a one year high of $348.48. The firm has a market capitalization of $338.44 billion, a price-to-earnings ratio of 39.64, a PEG ratio of 3.02 and a beta of 1.36.

GE Aerospace (NYSE:GE) last issued its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. The business had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.GE Aerospace’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.32 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GE. Citigroup reiterated a “buy” rating and set a $380.00 price target (up from $378.00) on shares of GE Aerospace in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. Wolfe Research upped their target price on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Zacks Research raised GE Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, BNP Paribas Exane lowered their target price on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $331.12.

GE Aerospace Company Profile

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.