General Dynamics (NYSE:GD) Issues FY 2025 Earnings Guidance

General Dynamics (NYSE:GD - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 15.050-15.150 for the period, compared to the consensus earnings per share estimate of 14.947. The company issued revenue guidance of $51.2 billion-$51.2 billion, compared to the consensus revenue estimate of $50.4 billion.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Argus set a $295.00 price target on General Dynamics in a report on Tuesday, May 6th. TD Securities increased their price objective on General Dynamics from $275.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Deutsche Bank Aktiengesellschaft raised General Dynamics from a "hold" rating to a "buy" rating and increased their price objective for the stock from $298.00 to $342.00 in a research note on Tuesday, July 8th. Robert W. Baird increased their target price on General Dynamics from $283.00 to $350.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, UBS Group increased their target price on General Dynamics from $309.00 to $333.00 and gave the company a "neutral" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $312.17.

General Dynamics Stock Performance

Shares of NYSE GD traded down $0.33 during trading on Friday, reaching $313.92. 1,218,137 shares of the company traded hands, compared to its average volume of 1,498,122. The firm's fifty day simple moving average is $287.00 and its 200 day simple moving average is $271.78. The stock has a market cap of $84.25 billion, a P/E ratio of 21.07, a PEG ratio of 2.11 and a beta of 0.46. General Dynamics has a 12-month low of $239.20 and a 12-month high of $322.50. The company has a current ratio of 1.36, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The aerospace company reported $3.74 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.27. The business had revenue of $13.04 billion during the quarter, compared to analyst estimates of $12.13 billion. General Dynamics had a return on equity of 17.99% and a net margin of 8.13%. The company's revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the business posted $3.26 EPS. As a group, research analysts anticipate that General Dynamics will post 14.83 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Thursday, July 3rd will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.91%. General Dynamics's payout ratio is currently 41.61%.

Insider Buying and Selling at General Dynamics

In related news, CEO Phebe N. Novakovic sold 178,821 shares of General Dynamics stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $283.13, for a total value of $50,629,589.73. Following the completion of the transaction, the chief executive officer owned 769,607 shares in the company, valued at $217,898,829.91. The trade was a 18.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On General Dynamics

An institutional investor recently raised its position in General Dynamics stock. Brighton Jones LLC lifted its holdings in General Dynamics Corporation (NYSE:GD - Free Report) by 16.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,885 shares of the aerospace company's stock after purchasing an additional 417 shares during the period. Brighton Jones LLC's holdings in General Dynamics were worth $760,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 86.14% of the company's stock.

General Dynamics Company Profile

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.