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

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$170.72 -0.95 (-0.55 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$171.67
Today's Range$170.36 - $173.48
52-Week Range$143.87 - $229.74
Volume1.31 million shs
Average Volume1.47 million shs
Market Capitalization$49.21 billion
P/E Ratio14.95
Dividend Yield2.17%
Beta1.13
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. The Combat Systems segment engages in the design, development, production, modernization, and sustainment of combat vehicles, weapons systems, and munitions. This segment offers wheeled combat and tactical vehicles; main battle tanks and tracked combat vehicles; weapons systems, armaments, and munitions; and maintenance, logistics support, and sustainment services. The Information Technology segment provides information technology (IT), IT infrastructure modernization, and professional services, as well as cloud, cyber, software development, systems engineering, and data analytics services and solutions. The Mission Systems segment offers mission-critical C4ISR products and systems, such as space, intelligence, and cyber systems; ground systems and products; and naval, air, and electronic systems. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary and combat-logistics ships for the United States Navy and Jones Act ships for commercial customers. This segment provides nuclear-powered submarines; surface combatants; auxiliary and combat-logistics ships; commercial product carriers and containerships; design and engineering support services; and maintenance, modernization, and lifecycle support services, as well as repair services for navy ships. The company was incorporated in 1952 and is headquartered 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$14.5915 per share
Book Value$40.70 per share

Profitability

Net Income$3.35 billion

Miscellaneous

Employees105,600
Market Cap$49.21 billion
Next Earnings Date4/24/2019 (Estimated)
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 Wednesday, March 6th. Stockholders of record on Friday, April 12th will be paid a dividend of $1.02 per share on Friday, May 10th. This represents a $4.08 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from General Dynamics's previous quarterly dividend of $0.93. View General Dynamics' Dividend History.

How will General Dynamics' stock buyback program work?

General Dynamics announced that its board has initiated a stock repurchase plan on Sunday, April 9th 2017, which authorizes the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) posted its quarterly earnings results on Wednesday, January, 30th. The aerospace company reported $3.07 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.98 by $0.09. The aerospace company earned $10.38 billion during the quarter, compared to analysts' expectations of $10.34 billion. General Dynamics had a return on equity of 28.33% and a net margin of 9.24%. General Dynamics's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.50 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, 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 (EPS) 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 brokers have issued 1-year target prices for General Dynamics' stock. Their predictions range from $164.00 to $275.00. On average, they anticipate General Dynamics' share price to reach $207.8771 in the next twelve months. This suggests a possible upside of 21.8% 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 is susceptible to interest rate risk related to the issuance of debt. A material rise in long-term interest rates is a major risk for capital intensive stocks like General Dynamics. 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. The company’s sharesalso underperformed its industry in the past twelve months. The company operates in a highly competitive market where some competitors may have extensive or specialized business segments, superior to General Dynamics. However, the company boasts a strong position in the U.S. defense space and overseas. 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." (3/11/2019)
  • 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)
  • 3. 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?

Headlines about GD stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. General Dynamics earned a news impact score of -1.9 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the near future.

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), Johnson & Johnson (JNJ), Raytheon (RTN), Lockheed Martin (LMT), NVIDIA (NVDA), AT&T (T), Home Depot (HD), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and Visa (V).

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 shareholders include Newport Trust Co (6.99%), BlackRock Inc. (5.82%), Oregon Public Employees Retirement Fund (3.24%), FMR LLC (2.58%), Geode Capital Management LLC (1.22%) and Northern Trust Corp (1.00%). 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 and S Daniel Johnson. 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 London Co. of Virginia, Standard Life Aberdeen plc, Barrow Hanley Mewhinney & Strauss LLC, FMR LLC, Two Sigma Investments LP, WINTON GROUP Ltd, BlackRock Inc. and Prudential Financial Inc.. 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 institutional investors are buying General Dynamics stock?

GD stock was purchased 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 $170.72.

How big of a company is General Dynamics?

General Dynamics has a market capitalization of $49.21 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:  698 (Vote Outperform)
Underperform Votes:  553 (Vote Underperform)
Total Votes:  1,251
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 3/19/2019 by MarketBeat.com Staff

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