General Dynamics (GD) Projected to Post Earnings on Wednesday

Key Points

• Q1 2026 earnings due before market open on April 22: analysts expect $3.67 EPS and $12.642 billion in revenue, and the company has set FY2026 guidance of about $16.10–$16.20 EPS (consensus analyst forecasts are ~$15 for the current fiscal year and $17 for next year); an earnings call is scheduled for April 29 at 9:00 AM ET.
• Dividend raised: General Dynamics increased its quarterly dividend to $1.59 (up from $1.50), implying a $6.36 annualized payout and a ~1.9% yield with a payout ratio around 41%.
• Insider selling but strong institutional backing: insiders sold 51,260 shares (~$18.1M) last quarter including sales by the EVP and CEO, while institutional investors own about 86% of the stock and the Wall Street consensus rating is a "Moderate Buy" with a $384.53 price target.

General Dynamics (NYSE:GD - Get Free Report) will likely be releasing its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect General Dynamics to post earnings of $3.67 per share and revenue of $12.6417 billion for the quarter. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Interested persons may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 9:00 AM ET.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion for the quarter, compared to analysts' expectations of $13.77 billion. During the same quarter in the previous year, the company earned $4.15 earnings per share. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. On average, analysts expect General Dynamics to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

General Dynamics Price Performance

GD stock opened at $339.93 on Wednesday. The firm's 50-day moving average price is $351.27 and its two-hundred day moving average price is $347.40. General Dynamics has a 12-month low of $262.84 and a 12-month high of $369.70. The stock has a market capitalization of $92.07 billion, a price-to-earnings ratio of 22.00, a PEG ratio of 2.27 and a beta of 0.38. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27.

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be given a $1.59 dividend. The ex-dividend date is Friday, April 10th. This is a positive change from General Dynamics's previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.9%. General Dynamics's dividend payout ratio is presently 41.17%.

Insider Activity at General Dynamics

In other news, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the sale, the executive vice president owned 44,767 shares of the company's stock, valued at approximately $15,825,134.50. The trade was a 7.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at $271,394,759.13. The trade was a 4.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 51,260 shares of company stock worth $18,133,971. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On General Dynamics

Several hedge funds have recently bought and sold shares of GD. AQR Capital Management LLC boosted its stake in General Dynamics by 118.3% during the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company's stock worth $567,372,000 after acquiring an additional 901,679 shares in the last quarter. Northern Trust Corp boosted its stake in General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company's stock worth $1,136,525,000 after acquiring an additional 863,392 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in General Dynamics by 831.1% during the third quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company's stock worth $251,405,000 after acquiring an additional 658,081 shares in the last quarter. Corient Private Wealth LLC boosted its stake in General Dynamics by 613.0% during the fourth quarter. Corient Private Wealth LLC now owns 613,732 shares of the aerospace company's stock worth $206,619,000 after acquiring an additional 527,651 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its stake in General Dynamics by 349.2% during the third quarter. Lazard Asset Management LLC now owns 376,162 shares of the aerospace company's stock worth $128,271,000 after acquiring an additional 292,415 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GD. Wells Fargo & Company began coverage on shares of General Dynamics in a research report on Wednesday, April 1st. They issued an "overweight" rating and a $400.00 price objective on the stock. Wall Street Zen lowered shares of General Dynamics from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. TD Cowen lifted their target price on shares of General Dynamics from $370.00 to $390.00 and gave the company a "buy" rating in a research note on Wednesday, January 14th. Bank of America reaffirmed a "buy" rating and set a $400.00 target price on shares of General Dynamics in a research note on Friday, January 30th. Finally, Susquehanna reaffirmed a "positive" rating and set a $420.00 target price on shares of General Dynamics in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $384.53.

About General Dynamics

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.

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