GE Vernova Inc. (NYSE:GEV – Get Free Report) declared a quarterly dividend on Wednesday, September 30th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $0.50 per share on Tuesday, November 24th. This represents a $2.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, October 27th.
GE Vernova Stock Performance
NYSE:GEV opened at $949.53 on Thursday. The company has a fifty day simple moving average of $965.01 and a two-hundred day simple moving average of $992.01. The company has a market cap of $252.89 billion, a price-to-earnings ratio of 27.18, a price-to-earnings-growth ratio of 4.47 and a beta of 1.15. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. GE Vernova has a 52 week low of $530.16 and a 52 week high of $1,195.94.
GE Vernova (NYSE:GEV – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The firm’s revenue was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.86 earnings per share. As a group, equities analysts anticipate that GE Vernova will post 15.36 earnings per share for the current fiscal year.
GE Vernova Company Profile
GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.
GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.
The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.
Further Reading
- Five stocks we like better than GE Vernova
- L3Harris’ $6 Billion THAAD Win Comes at a Crucial Moment for the Stock
- Boeing’s Fighter Victory Opens the Door to Decades of Defense Revenue
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.
