The Boeing Company is a well-known multinational company that designs, manufactures and sells everything related to aircraft and aeroplanes. The Boeing Company is also involved in the making of satellites, rockets and more telecommunication equipment. The company was founded in 1916 in Seattle, Washington, United States and is well-known for aircraft like Boeing 747 and 787 Dreamliner.
What is Boeing’s stock split history?
Since being established, Boeing has split its stock 7 times. Their stock was split for the first time in 1977 in the ratio of 2:1 and after 2 years it was split in the ratio of 3:2. In the 80s, Boeing went through four more stock splits in 1980, 1985, 1989 and 1990. All these were 3-for-2 splits. The last and most recent division of stocks took place in 1997 in the ratio of 2-for-. Below is a table of Boeing’s stock split history:
What is Boeing’s stock price history?
From 1918 to 2010, Boeing’s stock price crossed $100 only once. It happened in 2007 when the price hit $103.4. After 2013, stock prices have slowly risen and hit the highest end-of-the-day price in 2019 at $440.62. The lowest end-of-day price ever has been $0.38 in 1974.
What is Boeing’s market cap in 2023?
It has been reported that by June 2023, Boeing had a market cap of $127.58 billion which makes it the 93rd most valuable company (in terms of market cap) in the world. Since 2020, Boeing’s market cap has been decreasing from $120.84 billion to $118.56 billion in 2021 and $113.52 billion in 2022. That means that the company’s position has been improving steadily, especially because the market cap jumped up almost 12.38% since 2022.
How much revenue did Boeing make in 2023?
In 2023, Boeing’s current revenue was $70.53 billion which is 5.9% more than their revenue in 2022 ($66.60 billion).
Who owns the largest share in Boeing?
With ownership of 60.9% outstanding shares, Institutional Investors own the largest share in Boeing.
Why is Boeing struggling?
Before the pandemic, a pair of Boeing aircraft had a fatal crash after which the jet was grounded for 18 months. Then the pandemic made matters worse for the company and contributed to its losses.
How much is Boeing earning since the pandemic?
Even before the pandemic, Boeing was not making any earnings but was going into loss. However, as the pandemic peaked in 2020, Boeing faced a loss of $14.48 billion. Though the loss has decreased, Boeing is yet to make a profit.
Boeing has a strong history in the aviation industry but the past few errors with their aircraft including a few fatal crashes have hit them hard. To make matters worse the Covid-19 pandemic jeopardized any chances of recovery in the recent years. That is why investors may be reluctant to invest in the company.
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