GE Capital's expected designation as a "systemically important financial institution," or SIFI, will bring it under direct supervision by the
, including participation in the regulator's annual financial holding company stress tests.
Obin rates General Electric a "buy," with price objective of $25, estimating the company will earn $1.67 a share this year, with EPS growing to $1.81 in 2014 and $1.99 in 2015.
GE's shares closed at $23.86 Wednesday, returning 15% this year, following a 21% return during 2012. The shares trade for 13.1 times the consensus 2014 EPS estimate of $1.82.
Based on a quarterly payout of 19 cents, the shares have a dividend yield of 3.20%.
Interested in more on General Electric? See TheStreet Ratings' report card for this stock.
-- Written by Philip van Doorn in Jupiter, Fla.