General Dynamics Stock Price, News & Analysis (NYSE:GD)

$187.37
-0.76 (-0.40 %)
(As of 09/22/2019 06:17 AM ET)
Today's Range
$186.07
Now: $187.37
$189.00
50-Day Range
$176.53
MA: $186.45
$192.89
52-Week Range
$143.87
Now: $187.37
$207.72
Volume6.37 million shs
Average Volume1.01 million shs
Market Capitalization$54.12 billion
P/E Ratio16.66
Dividend Yield2.17%
Beta1.19
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates in five segments: Aerospace, Combat Systems, Information Technology, Mission Systems, and Marine Systems. The Aerospace segment designs, manufactures, and supports business-jet aircraft; and offers business-aviation services, including maintenance, fixed-base operation, government fleet, aircraft management, charter, and staffing services, as well as integrated aviation solutions. Read More…

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$14.4464 per share
Book Value$40.70 per share

Profitability

Net Income$3.35 billion

Miscellaneous

Employees105,600
Market Cap$54.12 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

Receive GD News and Ratings via Email

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


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 7th. Stockholders of record on Friday, October 11th will be paid a dividend of $1.02 per share on Friday, November 15th. This represents a $4.08 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, October 10th. View General Dynamics' Dividend History.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) issued its earnings results on Wednesday, July, 24th. The aerospace company reported $2.77 EPS for the quarter, topping the Zacks' consensus estimate of $2.68 by $0.09. The aerospace company had revenue of $9.56 billion for the quarter, compared to analyst estimates of $9.36 billion. General Dynamics had a net margin of 8.65% and a return on equity of 26.81%. General Dynamics's quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $2.82 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, October 23rd 2019. View Earnings Estimates for General Dynamics.

What price target have analysts set for GD?

17 analysts have issued 1-year target prices for General Dynamics' shares. Their forecasts range from $164.00 to $230.00. On average, they anticipate General Dynamics' share price to reach $192.7444 in the next twelve months. This suggests a possible upside of 2.9% 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 1 sell rating, 10 hold ratings and 6 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, and continues to witness strong order growth, securing some pivotal contracts from the U.S. government and its overseas clients. Deliveries of G600 can be expected from the third quarter. In the past six months, shares of General Dynamics outperformed the industry. Product innovations can be expected to enhance this shipbuilder’s footprint in the business jet market. However, rising interest expenses can be a potential headwind for the company’s bottom-line growth going ahead. Moreover, delayed payments related to one of its large international vehicle programs in Canada are hurting its cash flow reserve. A comparative analysis of its historical EV/EBITDA ratio reflects a gloomy picture." (9/2/2019)
  • 2. Cowen Inc analysts commented, "SMTC reports F4Q (Jan.) earnings Wednesday (3/13). We see sales/EPS close to in line with consensus $160M/$0.54E and a negative bias to Street F1Q (Apr.) of $159M/$0.52E. We are reducing our already below-consensus estimates ahead of the call. These cuts reflect our expectation for market-related weakness in DC, PON and protection (combined ~2/3 of sales) exacerbated by macro uncertainty and ongoing semi cycle correction. LoRa remains core to the SMTC story, and we estimate revenues hit $80M last year, the low end of mgmt’s $80-$100M target. Mgmt has said they expect LoRa sales to double this year. Investors will be watching closely for any LoRa update. We view any DC/PON/protection weakness as market- vs. company- specific and believe investors anticipate near-term weakness. Maintain Outperform." (3/6/2019)

Has General Dynamics been receiving favorable news coverage?

News articles about GD stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. General Dynamics earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media stories about the aerospace company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for General Dynamics.

Are investors shorting General Dynamics?

General Dynamics saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,564,500 shares, a decline of 9.6% from the July 31st total of 2,838,100 shares. Based on an average daily volume of 1,090,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.9% of the shares of the company are short sold. View General Dynamics' Current Options Chain.

Who are some of General Dynamics' key competitors?

What other stocks do shareholders of General Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other General Dynamics investors own include Boeing (BA), Lockheed Martin (LMT), Johnson & Johnson (JNJ), Raytheon (RTN), AT&T (T), NVIDIA (NVDA), Visa (V), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and Home Depot (HD).

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)
  • Ms. Kimberly A. Kuryea, Sr. VP of HR & Admin. (Age 52)

Who are General Dynamics' major shareholders?

General Dynamics' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.36%), Newport Trust Co (7.06%), BlackRock Inc. (5.57%), BlackRock Inc. (5.57%), JPMorgan Chase & Co. (3.70%) and Caisse DE Depot ET Placement DU Quebec (1.30%). Company insiders that own General Dynamics stock include Catherine B Reynolds, Christopher J Brady, Gary L Whited, Gregory S Gallopoulos, John M Keane, John Patrick Casey, Lester L Lyles, Mark Lagrand Burns, Mark Malcolm, S Daniel Johnson and William A Osborn. 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 BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC, Newport Trust Co, First Trust Advisors LP, Korea Investment CORP, Westwood Holdings Group Inc. and Bank of Nova Scotia. 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 William A Osborn. 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 Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Impala Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Farallon Capital Management LLC, AQR Capital Management LLC, Prudential Financial Inc. and Conning Inc.. Company insiders that have bought General Dynamics stock in the last two years include Catherine B Reynolds, Mark Lagrand Burns 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, Robinhood, Fidelity and Charles Schwab.

What is General Dynamics' stock price today?

One share of GD stock can currently be purchased for approximately $187.37.

How big of a company is General Dynamics?

General Dynamics has a market capitalization of $54.12 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.View Additional Information About General Dynamics.

What is General Dynamics' official website?

The official website for General Dynamics is http://www.gd.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:  751 (Vote Outperform)
Underperform Votes:  612 (Vote Underperform)
Total Votes:  1,363
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 9/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel