NYSE:GD - General Dynamics Stock Price, News, & Analysis

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$194.96 +0.04 (+0.02 %)
(As of 08/22/2018 01:47 AM ET)
Previous Close$194.92
Today's Range$193.83 - $195.62
52-Week Range$184.21 - $230.00
Volume1.01 million shs
Average Volume1.59 million shs
Market Capitalization$57.53 billion
P/E Ratio19.59
Dividend Yield1.92%
Beta0.83
General Dynamics logoGeneral Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. The Aerospace group designs, develops, manufactures, service and supports business-jet aircraft; and provides aircraft services, such as maintenance, aircraft management, charter, fixed-base operational, and staffing services. The Combat Systems group is involved in the design, development, production, modernization, and sustainment of combat vehicles, weapons systems, and munitions. This group offers wheeled combat and tactical vehicles; main battle tanks and tracked combat vehicles; weapon system, armaments, and mutations; and maintenance and logistics support and sustainment services. The Information Systems and Technology group provides technologies, products, and services that support a range of military, federal civilian, state, and local customers. This group offers information technology solutions and mission support services; mobile communication, computer and command-and-control mission systems; surveillance and reconnaissance solutions; and imagery, signals, and multi-intelligence systems for customers in the defense sector, intelligence and homeland security communities, and the United States allies. The Marine Systems group designs, constructs, and repairs surface ships and submarines for the United States Navy and Jones Act ships for commercial customers. This group offers nuclear-powered submarines, surface combatants, auxiliary and combat-logistics ships, and commercial product carriers and containerships; and provides design and engineering support services, as well as maintenance, modernization, and lifecycle support services. General Dynamics Corporation was incorporated in 1952 and is based in Falls Church, Virginia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Ship & boat building & repairing
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:GD
CUSIP36955010
Phone703-876-3000

Debt

Debt-to-Equity Ratio0.95
Current Ratio1.20
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio19.59
Forward P/E Ratio17.33
P/E Growth1.55

Sales & Book Value

Annual Sales$30.97 billion
Price / Sales1.87
Cash Flow$11.7729 per share
Price / Cash16.56
Book Value$38.51 per share
Price / Book5.06

Profitability

EPS (Most Recent Fiscal Year)$9.95
Net Income$2.91 billion
Net Margins9.16%
Return on Equity27.06%
Return on Assets8.20%

Miscellaneous

Employees98,600
Outstanding Shares297,030,000
Market Cap$57.53 billion

General Dynamics (NYSE:GD) Frequently Asked Questions

What is General Dynamics' stock symbol?

General Dynamics trades on the New York Stock Exchange (NYSE) under the ticker symbol "GD."

How often does General Dynamics pay dividends? What is the dividend yield for General Dynamics?

General Dynamics announced a quarterly dividend on Wednesday, August 1st. Shareholders of record on Friday, October 5th will be given a dividend of $0.93 per share on Friday, November 9th. This represents a $3.72 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, October 4th. View General Dynamics' Dividend History.

How will General Dynamics' stock buyback program work?

General Dynamics announced that its board has initiated a share repurchase program on Sunday, April 9th 2017, which authorizes the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) announced its earnings results on Wednesday, July, 25th. The aerospace company reported $2.82 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.49 by $0.33. The aerospace company earned $9.19 billion during the quarter, compared to analysts' expectations of $9.09 billion. General Dynamics had a net margin of 9.16% and a return on equity of 27.06%. The firm's revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.45 EPS. View General Dynamics' Earnings History.

When is General Dynamics' next earnings date?

General Dynamics is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for General Dynamics.

What price target have analysts set for GD?

17 analysts have issued 12-month price targets for General Dynamics' stock. Their forecasts range from $207.00 to $275.00. On average, they expect General Dynamics' share price to reach $238.6471 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for General Dynamics.

What is the consensus analysts' recommendation for General Dynamics?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Dynamics in the last year. There are currently 2 sell ratings, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for General Dynamics.

What are Wall Street analysts saying about General Dynamics stock?

Here are some recent quotes from research analysts about General Dynamics stock:
  • 1. Drexel Hamilton analysts commented, "We project the aerospace division will generate mid-single digit growth and stable margins the next few years." (8/16/2018)
  • 2. According to Zacks Investment Research, "General Dynamics operates in a highly competitive market and has to rely on other companies to provide materials, components and subsystems for its products. Some competitors may have extensive or specialized business segments, superior to General Dynamics. On the other hand, some customers might develop their own products and directly compete with the company for sales. This has forced the company to keep upgrading its technology, in case it loses out to competitors developing better products. General Dynamics’ fortunes are tied to the cyclical aerospace market, which is currently in a recovery phase. Moreover, the company may be challenged by economic and political changes. The company's shares also underperformed its industry in the last one year. The company remains one of the only two contractors in the world equipped to build nuclear-powered submarines and its diverse portfolio of products and services." (7/2/2018)

Who are some of General Dynamics' key competitors?

Some companies that are related to General Dynamics include Huntington Ingalls Industries (HII), Malibu Boats (MBUU), Marine Products (MPX), MCBC (MCFT) and Conrad Industries (CNRD).

Who are General Dynamics' key executives?

General Dynamics' management team includes the folowing people:
  • Ms. Phebe N. Novakovic, Chairman & CEO (Age 60)
  • Mr. Jason W. Aiken, Sr. VP & CFO (Age 46)
  • Mr. S. Daniel Johnson, Exec. VP of Information Systems & Technology (Age 70)
  • Mr. John P. Casey, Exec. VP of Marine Systems (Age 63)
  • Mr. Mark C. Roualet, Exec. VP of Combat Systems (Age 59)

Has General Dynamics been receiving favorable news coverage?

Media coverage about GD stock has trended somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General Dynamics earned a coverage optimism score of 0.10 on Accern's scale. They also assigned press coverage about the aerospace company an impact score of 46.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for General Dynamics.

Who are General Dynamics' major shareholders?

General Dynamics' stock is owned by many different of institutional and retail investors. Top institutional investors include Newport Trust Co (7.09%), BlackRock Inc. (5.73%), FMR LLC (2.60%), Janus Henderson Group PLC (0.92%), Caisse DE Depot ET Placement DU Quebec (0.76%) and Bank of New York Mellon Corp (0.63%). Company insiders that own General Dynamics stock include Christopher Marzilli, Gary L Whited, Gregory S Gallopoulos, John M Keane, John Patrick Casey, Kimberly A Kuryea, Lester L Lyles, Mark Lagrand Burns, Mary T Barra, Robert W Helm, S Daniel Johnson and William P Fricks. View Institutional Ownership Trends for General Dynamics.

Which institutional investors are selling General Dynamics stock?

GD stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Janus Henderson Group PLC, Millennium Management LLC, FMR LLC, Fred Alger Management Inc., Canada Pension Plan Investment Board, Morgan Stanley and Dividend Assets Capital LLC. Company insiders that have sold General Dynamics company stock in the last year include Gary L Whited, Gregory S Gallopoulos, John M Keane, John Patrick Casey, Lester L Lyles and S Daniel Johnson. View Insider Buying and Selling for General Dynamics.

Which institutional investors are buying General Dynamics stock?

GD stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Caisse DE Depot ET Placement DU Quebec, Levin Capital Strategies L.P., Chevy Chase Trust Holdings Inc., Renaissance Technologies LLC, BlackRock Inc., USS Investment Management Ltd and California Public Employees Retirement System. View Insider Buying and Selling for General Dynamics.

How do I buy shares of General Dynamics?

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

What is General Dynamics' stock price today?

One share of GD stock can currently be purchased for approximately $194.96.

How big of a company is General Dynamics?

General Dynamics has a market capitalization of $57.53 billion and generates $30.97 billion in revenue each year. The aerospace company earns $2.91 billion in net income (profit) each year or $9.95 on an earnings per share basis. General Dynamics employs 98,600 workers across the globe.

How can I contact General Dynamics?

General Dynamics' mailing address is 2941 FAIRVIEW PARK DRIVE SUITE 100, FALLS CHURCH VA, 22042. The aerospace company can be reached via phone at 703-876-3000 or via email at [email protected]


MarketBeat Community Rating for General Dynamics (NYSE GD)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  636 (Vote Outperform)
Underperform Votes:  467 (Vote Underperform)
Total Votes:  1,103
MarketBeat's community ratings are surveys of what our community members think about General Dynamics and other stocks. Vote "Outperform" if you believe GD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2018 by MarketBeat.com Staff

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