GE Aerospace (NYSE:GE) Declares Quarterly Dividend of $0.47

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

GE Aerospace has raised its dividend payment by an average of 0.4%per year 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. Equities 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 Price Performance

Shares of GE Aerospace stock traded up $4.86 during trading on Thursday, hitting $370.74. 7,387,499 shares of the stock traded hands, compared to its average volume of 4,830,552. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap 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 firm’s fifty day moving average is $312.60 and its 200-day moving average is $311.00. GE Aerospace has a 52 week low of $243.34 and a 52 week high of $379.67.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating 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 company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the firm earned $1.49 EPS. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts expect that GE Aerospace will post 7.48 EPS for the current fiscal year.

Analysts Set New Price Targets

GE has been the subject of a number of research analyst reports. President Capital dropped their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. UBS Group cut their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Finally, BNP Paribas Exane reduced their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, GE Aerospace currently has a consensus 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.