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General Electric's aerospace division is making a strong case to investors, forecasting a $10 billion operating profit by 2028. The company plans to increase shareholder returns, including restoring a significant dividend. Analysts reiterated targets for 2024, 2025, and 2028, with plans to buy back $15 billion post board approval. Despite a stock price increase, estimates for 2025 EBITDA have been slightly reduced.
GE Aerospace Looks Set to Raise Its Dividend. Cash Flow Is Impressive. https://t.co/dTGGg0YApS
GE Aerospace sets tone with post-breakup profit goal, dividend https://t.co/HmSroPGisX
$GE FY 2025 EBITDA estimate was $12.6B on 11/1/23, when the stock was $110. Today, with the stock up 50% at $165, the same 2025 EBITDA estimate has been cut to $12.1B. Yes, market darling $GE is seeing estimate cuts.