Zacks Research Forecasts Lower Earnings for General Dynamics

General Dynamics Co. (NYSE:GD - Free Report) - Analysts at Zacks Research lowered their Q3 2026 earnings estimates for General Dynamics in a report released on Monday, May 19th. Zacks Research analyst R. Department now expects that the aerospace company will earn $3.63 per share for the quarter, down from their prior forecast of $3.66. The consensus estimate for General Dynamics' current full-year earnings is $14.83 per share.

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

Other equities analysts also recently issued research reports about the company. BTIG Research downgraded General Dynamics from a "buy" rating to a "neutral" rating in a report on Thursday, February 13th. TD Securities upped their price objective on shares of General Dynamics from $275.00 to $290.00 and gave the stock a "buy" rating in a report on Thursday, April 24th. The Goldman Sachs Group dropped their target price on shares of General Dynamics from $245.00 to $241.00 and set a "sell" rating on the stock in a report on Tuesday, January 28th. William Blair cut shares of General Dynamics from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, Wells Fargo & Company dropped their price objective on General Dynamics from $261.00 to $236.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, General Dynamics has a consensus rating of "Hold" and an average target price of $293.00.

General Dynamics Stock Down 0.8%

Shares of GD stock traded down $2.10 on Wednesday, hitting $274.93. The company's stock had a trading volume of 835,858 shares, compared to its average volume of 1,376,257. The stock has a market capitalization of $73.79 billion, a price-to-earnings ratio of 20.16, a P/E/G 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 firm's fifty day moving average price is $271.22 and its 200-day moving average price is $267.91. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.37 and a quick ratio of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Barclays PLC increased its stake in shares of General Dynamics by 43.1% in the third quarter. Barclays PLC now owns 942,485 shares of the aerospace company's stock valued at $284,818,000 after buying an additional 283,972 shares in the last quarter. Capital & Planning LLC grew its holdings in General Dynamics by 9.8% during the 4th quarter. Capital & Planning LLC now owns 1,538 shares of the aerospace company's stock worth $405,000 after acquiring an additional 137 shares during the last quarter. Ameritas Advisory Services LLC increased its position in General Dynamics by 38.3% in the 4th quarter. Ameritas Advisory Services LLC now owns 1,480 shares of the aerospace company's stock valued at $390,000 after acquiring an additional 410 shares in the last quarter. Grove Bank & Trust raised its stake in shares of General Dynamics by 44.4% in the fourth quarter. Grove Bank & Trust now owns 511 shares of the aerospace company's stock worth $135,000 after acquiring an additional 157 shares during the last quarter. Finally, Diversify Wealth Management LLC lifted its position in shares of General Dynamics by 9.8% during the fourth quarter. Diversify Wealth Management LLC now owns 9,114 shares of the aerospace company's stock worth $2,364,000 after purchasing an additional 817 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

Insider Buying and Selling at General Dynamics

In related news, SVP Marguerite Amy Gilliland sold 27,562 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $272.11, for a total transaction of $7,499,895.82. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.50% of the company's stock.

General Dynamics Increases Dividend

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

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.