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

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$171.02 -0.20 (-0.12 %)
(As of 12/13/2018 03:20 PM ET)
Previous Close$171.22
Today's Range$170.46 - $173.15
52-Week Range$164.76 - $230.00
Volume102,583 shs
Average Volume1.43 million shs
Market Capitalization$51.02 billion
P/E Ratio17.19
Dividend Yield2.16%
Beta0.98
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

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

Debt

Debt-to-Equity Ratio0.89
Current Ratio1.27
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio17.19
Forward P/E Ratio15.12
P/E Growth1.43

Sales & Book Value

Annual Sales$30.97 billion
Price / Sales1.64
Cash Flow$11.6103 per share
Price / Cash Flow14.73
Book Value$38.51 per share
Price / Book4.44

Profitability

EPS (Most Recent Fiscal Year)$9.95
Net Income$2.91 billion
Net Margins9.01%
Return on Equity27.22%
Return on Assets7.85%

Miscellaneous

Employees98,600
Outstanding Shares296,150,000
Market Cap$51.02 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. Shareholders 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 2.17%. 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 initiated a stock buyback program on Sunday, April 9th 2017, which permits the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) announced its quarterly earnings results on Wednesday, October, 24th. The aerospace company reported $2.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.76 by $0.13. The aerospace company earned $9.09 billion during the quarter, compared to analysts' expectations of $9.41 billion. General Dynamics had a net margin of 9.01% and a return on equity of 27.22%. The company's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period last year, the firm earned $2.52 earnings per share. 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, January 23rd 2019. View Earnings Estimates for General Dynamics.

What price target have analysts set for GD?

17 brokers have issued 12 month price objectives for General Dynamics' shares. Their predictions range from $189.00 to $275.00. On average, they expect General Dynamics' share price to reach $226.00 in the next year. This suggests a possible upside of 32.0% 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, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, "Shares of General Dynamics underperformed its industry in the last one year. Moreover, a comparative analysis of the company’s historical EV/EBITDA ratio reflects a relatively gloomy picture that might be a cause for investors’ concern. The company also operates in a highly competitive market with some competitors having extensive or specialized business segments, superior to General Dynamics. This forces the company to keep upgrading its technology, in case it loses out to competitors developing better products, which in turn, leads to higher expenses. However, apart from solid demand for its varied defense products leading to organic growth, a notable acquisition strategy adds to General Dynamics’ inorganic growth. In this line, the CSRA acquisition bears notable importance. " (10/10/2018)
  • 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?

Media stories about GD stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog 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 news impact score of 2.0 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

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. John P. Casey, Exec. VP of Marine Systems (Age 63)
  • Mr. S. Daniel Johnson, Exec. VP of Information Systems & Technology (Age 70)
  • Mr. Mark C. Roualet, Exec. VP of Combat Systems (Age 59)

Who are General Dynamics' major shareholders?

General Dynamics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.06%), Newport Trust Co (7.05%), Capital Research Global Investors (6.99%), BlackRock Inc. (5.89%), FMR LLC (2.59%) and Wells Fargo & Company MN (2.02%). Company insiders that own General Dynamics stock include Catherine B Reynolds, 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 institutional investors are selling General Dynamics stock?

GD stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Janus Henderson Group PLC, Renaissance Technologies LLC, AQR Capital Management LLC, PNC Financial Services Group Inc., Mitsubishi UFJ Trust & Banking Corp, First Eagle Investment Management LLC and TD Asset Management Inc.. Company insiders that have sold General Dynamics company stock in the last year include Gary L Whited, 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 acquired by a variety of institutional investors in the last quarter, including Matthew Goff Investment Advisor LLC, Capital World Investors, Capital International Investors, Cornerstone Wealth Management LLC, BlackRock Inc., Vanguard Group Inc., Sirios Capital Management L P and Canada Pension Plan Investment Board. 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 $171.19.

How big of a company is General Dynamics?

General Dynamics has a market capitalization of $51.02 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.

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:  669 (Vote Outperform)
Underperform Votes:  505 (Vote Underperform)
Total Votes:  1,174
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 12/13/2018 by MarketBeat.com Staff

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