Free Trial
NYSE:GD

General Dynamics (GD) Stock Price, News & Analysis

$290.40
-0.58 (-0.20%)
(As of 07/26/2024 ET)
Today's Range
$287.64
$292.70
50-Day Range
$279.50
$300.32
52-Week Range
$214.53
$302.75
Volume
1.08 million shs
Average Volume
1.07 million shs
Market Capitalization
$79.67 billion
P/E Ratio
23.69
Dividend Yield
1.96%
Price Target
$311.33

General Dynamics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.2% Upside
$311.33 Price Target
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.40
Upright™ Environmental Score
News Sentiment
0.62mentions of General Dynamics in the last 14 days
Based on 53 Articles This Week
Insider Trading
Selling Shares
$34.39 M Sold Last Quarter
Proj. Earnings Growth
11.76%
From $14.54 to $16.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Aerospace Sector

4th out of 42 stocks

Ship & Boat Building & Repairing Industry

1st out of 6 stocks

GD stock logo

About General Dynamics Stock (NYSE:GD)

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. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

GD Stock Price History

GD Stock News Headlines

Tanks in hangar storage
Top 3 Defense Stocks That Should Be on Your Radar
The defense industry stands as a cornerstone of global security, and its importance continues to grow with rising geopolitical complexities. As governments worldwide prioritize national defense and allocate significant budgets to bolster military capabilities, the defense sector presents multiple compelling investment opportunities.
Tanks in hangar storage
Top 3 Defense Stocks That Should Be on Your Radar (GD)
The defense industry offers investors stability, technological innovation, and a compelling growth story.
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
The 3 Best Acoustic Cloaking Stocks to Buy Now
7 Stocks to Buy as Trump Moves Toward a Second Term
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
General Dynamics Misses Q2 Earnings Estimates
Why General Dynamics Stock Slumped 4% Today
General Dynamics Posts Higher Q2 Aircraft Deliveries
General Dynamics Corp. Announces Advance In Q2 Profit, But Misses Estimates
General Dynamics (NYSE:GD) Surprises With Q2 Sales
See More Headlines
Receive GD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for General Dynamics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/10 Dividend
4/11/2024
Dividend Payable
5/10/2024
Ex-Dividend for 8/9 Dividend
7/05/2024
Last Earnings
7/24/2024
Today
7/26/2024
Dividend Payable
8/09/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Ship & boat building & repairing
Sub-Industry
Aerospace & Defense
CUSIP
36955010
Employees
111,600
Year Founded
1952

Price Target and Rating

Average Stock Price Target
$311.33
High Stock Price Target
$345.00
Low Stock Price Target
$258.00
Potential Upside/Downside
+7.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Net Income
$3.32 billion
Pretax Margin
9.51%

Debt

Sales & Book Value

Annual Sales
$42.27 billion
Cash Flow
$15.53 per share
Book Value
$80.32 per share

Miscellaneous

Free Float
270,194,000
Market Cap
$79.53 billion
Optionable
Optionable
Beta
0.60

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Should I Buy General Dynamics Stock? GD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in General Dynamics Co.:

  • General Dynamics has a strong track record of institutional investor confidence, with notable increases in stakes by various financial institutions, indicating positive sentiment towards the company's future performance.
  • Recent insider selling activities suggest that company insiders have confidence in General Dynamics' current stock price and may indicate positive future prospects, as insiders typically have a deep understanding of the company's operations.
  • Barclays raised the price target on General Dynamics, indicating analyst optimism about the company's growth potential and financial performance.
  • General Dynamics operates in the aerospace and defense sector, which is known for its stability and consistent demand, providing a reliable revenue stream for the company.
  • The consensus rating of "Moderate Buy" and the target price of $300.63 from MarketBeat.com suggest positive sentiment and potential upside for investors considering General Dynamics.

Cons

Investors should be bearish about investing in General Dynamics Co. for these reasons:

  • Despite the positive institutional investor activity, the high percentage of insider selling could raise concerns about the company's future performance or potential challenges ahead.
  • While the price target was raised by Barclays, the stock may already be trading at a premium, potentially limiting short-term gains for investors entering at higher price levels.
  • General Dynamics' heavy reliance on government contracts and defense spending exposes the company to geopolitical risks and fluctuations in defense budgets, which could impact its financial performance.
  • The recent downgrade by StockNews.com from a "strong-buy" to a "buy" rating may indicate some uncertainty or mixed opinions in the market regarding General Dynamics' future growth prospects.
  • Investors should carefully consider the potential impact of any regulatory changes or shifts in government policies on General Dynamics' business operations and financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these General Dynamics pros and cons to contact@marketbeat.com.

GD Stock Analysis - Frequently Asked Questions

How have GD shares performed this year?

General Dynamics' stock was trading at $259.67 on January 1st, 2024. Since then, GD stock has increased by 11.8% and is now trading at $290.40.
View the best growth stocks for 2024 here
.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) announced its earnings results on Wednesday, July, 24th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.30 by $0.04. General Dynamics's revenue for the quarter was up 18.0% compared to the same quarter last year.
Read the conference call transcript
.

What is Phebe N. Novakovic's approval rating as General Dynamics' CEO?

137 employees have rated General Dynamics Chief Executive Officer Phebe N. Novakovic on Glassdoor.com. Phebe N. Novakovic has an approval rating of 79% among the company's employees.

Does General Dynamics have any subsidiaries?

The following companies are subsidiaries of General Dynamics: CSRA, Bluefin Robotics Corporation, Applied Physical Sciences, Open Kernel Labs, Gayston Corporation - Defense Operations, Fidelis Cybersecurity, Earl Industries - Ship Repair and Coatings Division, and more.

Who are General Dynamics' major shareholders?

Top institutional investors of General Dynamics include Bank of New York Mellon Corp (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Raymond James & Associates (0.16%) and Raymond James Financial Services Advisors Inc. (0.10%). Insiders that own company stock include Phebe N Novakovic, Mark C Roualet, Gregory S Gallopoulos, Kimberly A Kuryea, Mark Lagrand Burns, Marguerite Amy Gilliland, William A Moss, Leon Rudy F De and Mark Malcolm.
View institutional ownership trends
.

How do I buy shares of General Dynamics?

Shares of GD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of General Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that General Dynamics investors own include AT&T (T), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA) and Home Depot (HD).

This page (NYSE:GD) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners