Zacks Research Brokers Decrease Earnings Estimates for GD

General Dynamics Co. (NYSE:GD - Free Report) - Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for General Dynamics in a research report issued on Monday, May 19th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $3.77 for the quarter, down from their prior forecast of $3.86. The consensus estimate for General Dynamics' current full-year earnings is $14.83 per share. Zacks Research also issued estimates for General Dynamics' Q2 2026 earnings at $3.88 EPS, Q4 2026 earnings at $5.04 EPS, FY2026 earnings at $16.33 EPS, Q1 2027 earnings at $4.53 EPS and FY2027 earnings at $18.02 EPS.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.23. General Dynamics had a net margin of 7.93% and a return on equity of 17.10%. The firm had revenue of $12.22 billion for the quarter, compared to analysts' expectations of $11.92 billion. During the same period in the prior year, the firm earned $2.88 EPS. The business's revenue was up 13.9% on a year-over-year basis.

GD has been the topic of several other research reports. William Blair cut General Dynamics from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. UBS Group raised their price target on shares of General Dynamics from $268.00 to $279.00 and gave the stock a "neutral" rating in a research report on Thursday, April 24th. TD Cowen dropped their price objective on shares of General Dynamics from $315.00 to $295.00 in a research note on Tuesday, January 28th. Morgan Stanley decreased their target price on shares of General Dynamics from $305.00 to $300.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Finally, BTIG Research cut shares of General Dynamics from a "buy" rating to a "neutral" rating in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $293.00.

General Dynamics Stock Performance

NYSE:GD traded down $2.10 during mid-day trading on Tuesday, hitting $274.93. 835,858 shares of the stock were exchanged, compared to its average volume of 1,376,257. The firm's 50-day simple moving average is $271.22 and its 200 day simple moving average is $268.17. The stock has a market capitalization of $73.79 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 1.69 and a beta of 0.49. General Dynamics has a fifty-two week low of $239.20 and a fifty-two week high of $316.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 1.37.

General Dynamics Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 11th were paid a $1.50 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is a positive change from General Dynamics's previous quarterly dividend of $1.42. This represents a $6.00 annualized dividend and a yield of 2.18%. General Dynamics's dividend payout ratio (DPR) is 41.61%.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, SVP Marguerite Amy Gilliland sold 27,562 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $272.11, for a total value of $7,499,895.82. Following the sale, the senior vice president now owns 45,192 shares in the company, valued at $12,297,195.12. This trade represents a 37.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.50% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in General Dynamics by 34,578.2% during the 1st quarter. GAMMA Investing LLC now owns 1,244,600 shares of the aerospace company's stock worth $339,253,000 after acquiring an additional 1,241,011 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new position in shares of General Dynamics during the fourth quarter valued at $279,582,000. Nuveen LLC acquired a new position in shares of General Dynamics during the first quarter worth $272,464,000. Raymond James Financial Inc. bought a new stake in shares of General Dynamics in the fourth quarter worth $197,238,000. Finally, Ameriprise Financial Inc. increased its holdings in General Dynamics by 34.8% in the first quarter. Ameriprise Financial Inc. now owns 2,748,380 shares of the aerospace company's stock valued at $749,252,000 after purchasing an additional 709,782 shares during the period. 86.14% of the stock is currently owned by institutional investors.

About General Dynamics

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.