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

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$173.01 -1.44 (-0.83 %)
(As of 02/21/2019 10:43 AM ET)
Previous Close$174.45
Today's Range$172.51 - $174.18
52-Week Range$143.87 - $230.00
Volume8,523 shs
Average Volume1.46 million shs
Market Capitalization$49.87 billion
P/E Ratio15.13
Dividend Yield2.13%
Beta1.16
General 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

Industry Ship & boat building & repairing
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP36955010
Phone703-876-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$36.19 billion
Cash Flow$14.3577 per share
Book Value$40.70 per share

Profitability

Net Income$3.35 billion

Miscellaneous

Employees105,600
Market Cap$49.87 billion
OptionableOptionable

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 declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Friday, January 18th will be paid a dividend of $0.93 per share on Friday, February 8th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, January 17th. View General Dynamics' Dividend History.

How will General Dynamics' stock buyback program work?

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

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) released its quarterly earnings results on Wednesday, January, 30th. The aerospace company reported $3.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.98 by $0.09. The aerospace company earned $10.38 billion during the quarter, compared to the consensus estimate of $10.34 billion. General Dynamics had a net margin of 9.24% and a return on equity of 28.33%. The firm's quarterly revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.50 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, April 24th 2019. View Earnings Estimates for General Dynamics.

What guidance has General Dynamics issued on next quarter's earnings?

General Dynamics updated its FY19 earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of $11.60-11.70 for the period, compared to the Thomson Reuters consensus estimate of $12.05. The company issued revenue guidance of $38.5 billion, compared to the consensus revenue estimate of $39.33 billion.

What price target have analysts set for GD?

18 Wall Street analysts have issued twelve-month target prices for General Dynamics' stock. Their predictions range from $164.00 to $275.00. On average, they expect General Dynamics' stock price to reach $207.8771 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for General Dynamics.

What is the consensus analysts' recommendation for General Dynamics?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Dynamics in the last year. There are currently 2 sell ratings, 9 hold ratings and 7 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. According to Zacks Investment Research, "General Dynamics boasts a strong position in the U.S. defense space and overseas. The budgetary amendments, which were made last year, have been in favor of the company’s business line. Apart from solid demand for its varied defense products leading to organic growth, a notable acquisition strategy also adds significant value to General Dynamics’ inorganic growth. Notably, General Dynamics acquired CSRA Inc. in April 2018 for $9.7 billion. However, shares of General Dynamics underperformed its industry in the past year. General Dynamics is susceptible to interest rate risk related to the issuance of debt. Notably, the company’s interest expenses increased a massive 314.8% year over year to $112 million during the fourth quarter. With the current U.S. economy being in favor of the expanding interest rate, the credit market may not be much favorable for General Dynamics." (2/12/2019)
  • 2. 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)

Has General Dynamics been receiving favorable news coverage?

News articles about GD stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. General Dynamics earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news articles about the aerospace company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of General Dynamics' key competitors?

Who are General Dynamics' key executives?

General Dynamics' management team includes the folowing people:
  • Ms. Phebe N. Novakovic, Chairman & CEO (Age 61)
  • Mr. Jason W. Aiken, Sr. VP & CFO (Age 47)
  • Mr. John P. Casey, Exec. VP of Marine Systems (Age 64)
  • Mr. Mark C. Roualet, Exec. VP of Combat Systems (Age 60)
  • Mr. William A. Moss, VP, Controller & Principal Accounting Officer (Age 55)

Who are General Dynamics' major shareholders?

General Dynamics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Newport Trust Co (6.99%), BlackRock Inc. (5.82%), Oregon Public Employees Retirement Fund (3.24%), Geode Capital Management LLC (1.19%), Northern Trust Corp (1.00%) and Barrow Hanley Mewhinney & Strauss LLC (0.86%). Company insiders that own General Dynamics stock include Catherine B Reynolds, Christopher J Brady, Christopher Marzilli, Gary L Whited, Gregory S Gallopoulos, John M Keane, John Patrick Casey, Lester L Lyles, Mark Lagrand Burns, Mark Malcolm, Mary T Barra, S Daniel Johnson and William P Fricks. View Institutional Ownership Trends for General Dynamics.

Which major investors are selling General Dynamics stock?

GD stock was sold by a variety of institutional investors in the last quarter, including London Co. of Virginia, Standard Life Aberdeen plc, Barrow Hanley Mewhinney & Strauss LLC, Two Sigma Investments LP, WINTON GROUP Ltd, BlackRock Inc., Prudential Financial Inc. and Two Sigma Advisers LP. Company insiders that have sold General Dynamics company stock in the last year include Christopher J Brady, Gary L Whited, John Patrick Casey, Lester L Lyles and S Daniel Johnson. View Insider Buying and Selling for General Dynamics.

Which major investors are buying General Dynamics stock?

GD stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, California Public Employees Retirement System, Ceredex Value Advisors LLC, Bank of Nova Scotia, Geode Capital Management LLC, First Trust Advisors LP, Bain Capital Public Equity Management II LLC and Brandywine Global Investment Management LLC. Company insiders that have bought General Dynamics stock in the last two years include Catherine B Reynolds and Mark Malcolm. 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 $173.01.

How big of a company is General Dynamics?

General Dynamics has a market capitalization of $49.87 billion and generates $36.19 billion in revenue each year. The aerospace company earns $3.35 billion in net income (profit) each year or $11.42 on an earnings per share basis. General Dynamics employs 105,600 workers across the globe.

What is General Dynamics' official website?

The official website for General Dynamics is http://www.generaldynamics.com.

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:  2.8 out of 5 (star star)
Outperform Votes:  685 (Vote Outperform)
Underperform Votes:  535 (Vote Underperform)
Total Votes:  1,220
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 2/21/2019 by MarketBeat.com Staff

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