GE Vernova (GEV) Projected to Post Earnings on Wednesday

GE Vernova (NYSE:GEV) is expected to be announcing its Q1 2025 earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.45 per share and revenue of $7.56 billion for the quarter.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.57). The firm had revenue of $10.56 billion during the quarter, compared to the consensus estimate of $10.70 billion. GE Vernova had a return on equity of 6.70% and a net margin of 4.44%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, analysts expect GE Vernova to post $7 EPS for the current fiscal year and $11 EPS for the next fiscal year.

GE Vernova Stock Performance

NYSE:GEV opened at $312.92 on Tuesday. GE Vernova has a 52-week low of $132.11 and a 52-week high of $447.50. The firm has a market capitalization of $85.54 billion and a price-to-earnings ratio of 56.28. The stock has a fifty day moving average of $320.53 and a 200 day moving average of $331.00.

GE Vernova Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, April 18th will be paid a $0.25 dividend. The ex-dividend date is Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 0.32%. GE Vernova’s dividend payout ratio is presently 17.99%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on GEV. Susquehanna began coverage on shares of GE Vernova in a report on Wednesday, April 2nd. They set a “positive” rating and a $370.00 price objective for the company. New Street Research set a $380.00 price target on GE Vernova in a research note on Wednesday, March 5th. Barclays reduced their price objective on GE Vernova from $487.00 to $427.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. Guggenheim restated a “buy” rating and issued a $380.00 target price on shares of GE Vernova in a research report on Thursday, April 17th. Finally, William Blair reaffirmed an “outperform” rating on shares of GE Vernova in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $357.13.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GE Vernova stock. Brighton Jones LLC lifted its position in shares of GE Vernova Inc. (NYSE:GEV) by 29.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,315 shares of the company’s stock after purchasing an additional 753 shares during the quarter. Brighton Jones LLC’s holdings in GE Vernova were worth $1,091,000 as of its most recent filing with the Securities & Exchange Commission.

GE Vernova Company Profile

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.