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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:GD

General Dynamics (GD) Stock Price, News & Analysis

$285.27
+0.81 (+0.28%)
(As of 04/18/2024 ET)
Today's Range
$284.02
$286.91
50-Day Range
$267.19
$295.20
52-Week Range
$202.35
$296.50
Volume
600,305 shs
Average Volume
1.07 million shs
Market Capitalization
$78.27 billion
P/E Ratio
23.73
Dividend Yield
1.99%
Price Target
$283.80

General Dynamics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
0.5% Downside
$283.80 Price Target
Short Interest
Healthy
0.55% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.40
Upright™ Environmental Score
News Sentiment
0.87mentions of General Dynamics in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$27.97 M Sold Last Quarter
Proj. Earnings Growth
12.01%
From $14.57 to $16.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Aerospace Sector

4th out of 40 stocks

Ship & Boat Building & Repairing Industry

1st out of 6 stocks

GD stock logo

About General Dynamics Stock (NYSE:GD)

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

GD Stock Price History

GD Stock News Headlines

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Company Calendar

Ex-Dividend for 2/9 Dividend
1/18/2024
Last Earnings
1/24/2024
Dividend Payable
2/09/2024
Ex-Dividend for 5/10 Dividend
4/11/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Dividend Payable
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Ship & boat building & repairing
Sub-Industry
Aerospace & Defense
CUSIP
36955010
Employees
111,600
Year Founded
1952

Price Target and Rating

Average Stock Price Target
$283.80
High Stock Price Target
$333.00
Low Stock Price Target
$220.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$3.32 billion
Pretax Margin
9.42%

Debt

Sales & Book Value

Annual Sales
$42.27 billion
Cash Flow
$15.27 per share
Book Value
$77.74 per share

Miscellaneous

Free Float
270,198,000
Market Cap
$78.37 billion
Optionable
Optionable
Beta
0.68

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Should I Buy General Dynamics Stock? GD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in General Dynamics Co.:

  • General Dynamics Co. operates as an aerospace and defense company worldwide, providing stability and potential growth in a critical industry.
  • The company offers a diverse range of products and services across its segments, including aerospace, marine systems, combat systems, and technologies, which can help mitigate risks associated with relying on a single product or service.
  • Recent insider selling activities by executives like Mark C. Roualet and CEO Phebe N. Novakovic could indicate confidence in the company's future performance, potentially signaling positive prospects.
  • United Capital Management of KS Inc. increased its stake in General Dynamics Co., suggesting institutional confidence in the company's long-term outlook.
  • General Dynamics Co.'s stock price has shown resilience and potential for growth, making it an attractive investment opportunity in the aerospace and defense sector.

Cons

Investors should be bearish about investing in General Dynamics Co. for these reasons:

  • General Dynamics Co. operates in a highly regulated and competitive industry, which may pose challenges in terms of regulatory compliance and market competition.
  • The company's reliance on government contracts for a significant portion of its revenue exposes it to risks associated with changes in government spending priorities and budget allocations.
  • Recent insider selling activities by executives like Mark C. Roualet and CEO Phebe N. Novakovic could also raise concerns about potential internal outlook or future performance.
  • While institutional investors like United Capital Management of KS Inc. have increased their stake, the high percentage of institutional ownership (86.14%) may limit individual investor influence on company decisions.
  • Investors should carefully consider market conditions and economic uncertainties that could impact the aerospace and defense sector, affecting General Dynamics Co.'s financial performance and stock value.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these General Dynamics pros and cons to contact@marketbeat.com.

GD Stock Analysis - Frequently Asked Questions

Should I buy or sell General Dynamics stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Dynamics in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GD shares.
View GD analyst ratings
or view top-rated stocks.

What is General Dynamics' stock price target for 2024?

11 brokers have issued 1 year price targets for General Dynamics' shares. Their GD share price targets range from $220.00 to $333.00. On average, they anticipate the company's share price to reach $283.80 in the next twelve months. This suggests that the stock has a possible downside of 0.5%.
View analysts price targets for GD
or view top-rated stocks among Wall Street analysts.

How have GD shares performed in 2024?

General Dynamics' stock was trading at $259.67 at the beginning of 2024. Since then, GD stock has increased by 9.9% and is now trading at $285.27.
View the best growth stocks for 2024 here
.

Are investors shorting General Dynamics?

General Dynamics saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,500,000 shares, a drop of 18.0% from the March 15th total of 1,830,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.6% of the shares of the company are short sold.
View General Dynamics' Short Interest
.

When is General Dynamics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our GD earnings forecast
.

How can I listen to General Dynamics' earnings call?

General Dynamics will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) issued its quarterly earnings results on Wednesday, January, 24th. The aerospace company reported $3.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.68 by $0.04. The aerospace company earned $11.67 billion during the quarter, compared to analysts' expectations of $11.39 billion. General Dynamics had a trailing twelve-month return on equity of 16.61% and a net margin of 7.84%. The firm's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.58 earnings per share.
Read the conference call transcript
.

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

General Dynamics announced a quarterly dividend on Wednesday, March 6th. Shareholders of record on Friday, April 12th will be paid a dividend of $1.42 per share on Friday, May 10th. This represents a $5.68 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from the stock's previous quarterly dividend of $1.32.
Read our dividend analysis for GD
.

Is General Dynamics a good dividend stock?

General Dynamics (NYSE:GD) pays an annual dividend of $5.68 per share and currently has a dividend yield of 1.99%. The company has been increasing its dividend for 33 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GD will have a dividend payout ratio of 34.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GD.

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

General Dynamics updated its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share guidance of 14.350-14.450 for the period, compared to the consensus estimate of 15.000. The company issued revenue guidance of $46.3 billion-$46.4 billion, compared to the consensus revenue estimate of $46.1 billion.

What is Phebe N. Novakovic's approval rating as General Dynamics' CEO?

137 employees have rated General Dynamics Chief Executive Officer Phebe N. Novakovic on Glassdoor.com. Phebe N. Novakovic has an approval rating of 79% among the company's employees.

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 AT&T (T), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA), Home Depot (HD), RTX (RTX), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Who are General Dynamics' major shareholders?

General Dynamics' stock is owned by a number of retail and institutional investors. Top institutional investors include Saratoga Research & Investment Management (0.09%), Allspring Global Investments Holdings LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.05%), Los Angeles Capital Management LLC (0.05%), Confluence Investment Management LLC (0.03%) and CWM LLC (0.03%). Insiders that own company stock include Gregory S Gallopoulos, Marguerite Amy Gilliland, Mark C Roualet, Mark Lagrand Burns, Mark Malcolm, Phebe N Novakovic and William A Moss.
View institutional ownership trends
.

How do I buy shares of General Dynamics?

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

Does General Dynamics have any subsidiaries?
The following companies are subsidiares of General Dynamics: 42SIX LLC, ARMA Global Corporation, Advanced Technical Products, Aeromil (Australia) Pty Ltd, Aeromil Aircraft Engineering Pty Ltd, Aeromil Aviation Services Pty Ltd, Aeromil IT Services Pty Ltd, Aeromil Marine Pty Ltd, Aeromil Pacific Pty Ltd, American Overseas Marine Company LLC, Anteon International Corporation, Applied Physical Sciences, Applied Physical Sciences Corp., Ascend Intelligence, Australian Avionics Pty Ltd, Autonomic Resources LLC, Avion Logistics Limited, Avjet Corporation, AxleTech International, Axsys, BATH IRON WORKS CORPORATION, BP-HP Pte Limited, Bath Iron Works, Bath Iron Works Australia Corporation, Bath Iron Works Canada LLC, Bluefin Robotics Corporation, Blueprint Technologies Inc., Braintree I Maritime Corp., Braintree II Maritime Corp., Braintree III Maritime Corp., Braintree IV Maritime Corp., Braintree V Maritime Corp., Buccaneer Computer Systems & Service Inc., CSC Computer Sciences Venezuela S.A., CSRA, CSRA (Costa Rica) S.A., CSRA (Guyana) Inc., CSRA (Middle East) LLC, CSRA Argentina S.R.L., CSRA BH d.o.o., CSRA Bahamas Limited, CSRA Bahrain S.P.C., CSRA Belgium SPRL, CSRA Bolivia S.R.L., CSRA Brazil Servicos de Tecnologia Ltda., CSRA Canada Inc., CSRA Caribbean Inc., CSRA Chile SpA, CSRA Colombia SAS, CSRA Commerce 2010 LLC, CSRA Consular Services Holding Company LLC, CSRA Consular Services Inc., CSRA France SARL, CSRA Guatemala Solutions Sociedad Anonima, CSRA Honduras Sociedad Anonima, CSRA Inc., CSRA Information Systems LLC, CSRA Information Technology Spain SL, CSRA Ireland Limited, CSRA Italy S.R.L, CSRA Kosovo L.L.C., CSRA LATAM LLC, CSRA LLC, CSRA Mexico S. de R.L. de C.V., CSRA Netherlands B.V., CSRA Nicaragua Sociedad Anonima, CSRA Panama Inc., CSRA Peru S.R.L., CSRA Senegal SARL, CSRA South Africa (Pty) Ltd, CSRA State and Local Solutions LLC, CSRA Systems & Solutions LLC, CSRA Trinidad & Tobago Limited, CSRA Turkey Bilisim Teknolojileri Limited Sirketi, CSRA Uruguay S.R.L, CSRA Visa Services Israel Ltd., CSRAIT - Information Services Portugal Unipessoal LDA, Centauri Solutions LLC, Command System, Computing Devices International, Concord I Maritime Corporation, Concord II Maritime Corporation, Concord III Maritime Corporation, Concord IV Maritime Corporation, Concord V Maritime Corporation, Convair Aircraft Corporation, Convair Corporation, Creative Technology, Customer Services Ecuador CSRA S.A., Devcor, Diamond Fortress Technologies, DynPort Vaccine Company LLC, EB Groton Engineering Inc., EBV Explosives Environmental, ELCS-CZ s.r.o., Eagle Enterprise Inc., Earl Industries - Ship Repair and Coatings Division, Ebv Explosives Environmental Company, Electric Boat - Australia LLC, Electric Boat - UK LLC, Electric Boat Canada LLC, Electric Boat Corporation, Electric Boat France LLC, Electrocom Inc., Engineering Technology, Expro Finance Inc., FBD Fahrzeug und Bremsendienst GmbH, FC Business Systems, Fidelis Cybersecurity, Force Protection, Force Protection Europe Limited, Force Protection Inc., ForeSight Technology Services LLC, Freeman United Coal Mining Company LLC, GD Brazil Holdings LLC, GD European Land Systems - Steyr GmbH, GD European Land Systems Holding GmbH, GDOTS Services Corporation, GM GDLS Defense Group L.L.C., GPS Source Inc., GTE Government Systems, GWA-Datatrac FAST LLC, Galaxy Aerospace Company, Gayston Corporation - Defense Operations, General Dynamics - OTS (Global) Inc., General Dynamics AIS Australia Pty Ltd, General Dynamics Canadian Finance Inc., General Dynamics Canadian Holdings Inc., General Dynamics Commercial Cyber Services LLC, General Dynamics European Finance Limited, General Dynamics European Land Systems - Austria GmbH, General Dynamics European Land Systems - Bridge Systems GmbH, General Dynamics European Land Systems - Czech s.r.o., General Dynamics European Land Systems - Denmark ApS, General Dynamics European Land Systems - Deutschland GmbH, General Dynamics European Land Systems - FWW GmbH, General Dynamics European Land Systems - Mowag GmbH, General Dynamics European Land Systems Romania S.R.L., General Dynamics European Land Systems S.L., General Dynamics Global Force LLC, General Dynamics Global Holdings Limited, General Dynamics Global Imaging Technologies Inc., General Dynamics Government Satellite Services LLC, General Dynamics Government Systems Corporation, General Dynamics Government Systems Overseas Corporation, General Dynamics Information Technology Canada Limited, General Dynamics Information Technology Inc., General Dynamics Information Technology Limited, General Dynamics Installation Services LLC, General Dynamics International Corporation, General Dynamics Itronix LLC, General Dynamics Land Systems - Australia Pty. Ltd., General Dynamics Land Systems - Canada Corporation, General Dynamics Land Systems - Canada Services Inc., General Dynamics Land Systems - Canadian Services Limited, General Dynamics Land Systems - Force Protection Inc., General Dynamics Land Systems Customer Service & Support Company, General Dynamics Land Systems Inc., General Dynamics Limited, General Dynamics Marine Systems Inc., General Dynamics Mission Systems Inc., General Dynamics Mission Systems International Limited, General Dynamics Mission Systems Overseas Company LLC, General Dynamics Motion Control LLC, General Dynamics OTS (Aerospace) Inc., General Dynamics OTS (California) Inc., General Dynamics OTS (DRI) Inc., General Dynamics OTS (Niceville) Inc., General Dynamics OTS (Pennsylvania) Inc., General Dynamics One Source LLC, General Dynamics Ordnance and Tactical Systems - Canada Inc., General Dynamics Ordnance and Tactical Systems - Canada Valleyfield Inc., General Dynamics Ordnance and Tactical Systems - Simunition Operations Inc., General Dynamics Ordnance and Tactical Systems Inc., General Dynamics Overseas Systems and Services Corporation, General Dynamics Properties Inc., General Dynamics Robotic Systems Inc., General Dynamics SATCOM Technologies Inc., General Dynamics Satcom Technologies Asia Private Limited, General Dynamics Satellite Communication Services LLC, General Dynamics Saudi Holdings S.L., General Dynamics Shared Resources LLC, General Dynamics Support Services Company, General Dynamics Swiss Financial Management Limited, General Dynamics United Kingdom Limited, General Dynamics Worldwide Holdings Inc., General Dynamics-OTS Inc., General Motors Defense, Gulfstream 100 Holdings LLC, Gulfstream Aerospace, Gulfstream Aerospace Corporation (CA), Gulfstream Aerospace Corporation (DE), Gulfstream Aerospace Corporation (GA), Gulfstream Aerospace Corporation (OK), Gulfstream Aerospace Corporation of Texas, Gulfstream Aerospace Hong Kong Limited, Gulfstream Aerospace LLC, Gulfstream Aerospace LP, Gulfstream Aerospace Ltd., Gulfstream Aerospace Services Corporation, Gulfstream Aerospace Sociedad de Responssabilidad Limitada de CapitalVariable (S. de R.L. de C.V.), Gulfstream Do Brasil Servicos De Suporte E Manutencao A Aeronaves Ltda., Gulfstream International Corporation, Gulfstream Leasing LLC, Gulfstream Product Support Corporation, Gulfstream Services Corporation, Gulfstream Tennessee Corporation, Gulfstream-California Inc., Hawker Pacific (Malaysia) Sdn Bhd, Hawker Pacific Aircraft Management Pte Ltd, Hawker Pacific Airservices Limited, Hawker Pacific Airservices Pvt Ltd, Hawker Pacific Asia Holdings Pte Ltd, Hawker Pacific Asia Pte Ltd, Hawker Pacific Australia Pty Ltd, Hawker Pacific Aviation Services Pty Ltd, Hawker Pacific NZ Limited, Hawker Pacific Pty Ltd, IPWireless, IPWireless PTE. Limited, Information Services Consulting Limited, Interiores Aereos S.A. de C.V., International Manufacturing Technologies Inc., Itronix, Janteq Australia PTY Limited, Janteq Corp., Jet Aviation, Jet Aviation (Asia Pacific) Pte. Ltd., Jet Aviation (Bermuda) Ltd., Jet Aviation (Hong Kong) Ltd., Jet Aviation (Malaysia) SDN BHD, Jet Aviation 125 Services LLC, Jet Aviation AG, Jet Aviation Brazil Holdings Inc., Jet Aviation Business Jets (Hong Kong) Limited, Jet Aviation Business Jets AG, Jet Aviation Business Jets FZCO, Jet Aviation California LLC, Jet Aviation Dulles LLC, Jet Aviation Flight Services Inc., Jet Aviation France SAS, Jet Aviation Holding GmbH, Jet Aviation Holdings USA Inc., Jet Aviation Houston Inc., Jet Aviation International Inc., Jet Aviation Malaga SA, Jet Aviation Management AG, Jet Aviation Netherlands B.V., Jet Aviation Savannah Holding LLC, Jet Aviation Services GmbH, Jet Aviation St. Louis Inc., Jet Aviation Teterboro LP, Jet Aviation Texas Inc., Jet Aviation of America Inc., Jet Aviation/Palm Beach Inc., Jet Professionals LLC, Kylmar, Longreach Energy LLC, MAYA Viz, Maricom Systems Incorporated, Material Service Resources Company LLC, Matthews Land Company, Mediaware International, Mediaware International Pty Ltd, Metro Machine, Metro Machine co, Midwest Properties Sales LLC, NASSCO, NASSCO Holdings Incorporated, NES Associates LLC, National Steel and Shipbuilding Company, Network Connectivity Solutions Corp., Newberry Holdings LLC, OOO Jet Aviation Vnukovo, Open Kernel Labs, Page Europa Srl, Patriot I Shipping Corp., Patriot II Shipping Corp., Patriot IV Shipping Corp., Plane 79 LLC, Praxis Engineering Technologies LLC, PrimeX Technologies, Prodelin India Private Limited, Proyectos Prohumane Mexico S.A. de C.V., Quincy Maritime Corporation III, Raven Acquisitions LLC, SENTECH INC., SRA International Inc., Saco Defense, Santa Barbara Sistemas S.A., Savannah Air Center LLC, Signal Solutions LLC, Southern Illinois Recovery Inc., Spectrum Astro, St. Marks Powder Inc., Stabilo Pty Ltd, Steyr-Daimler-Puch Spezialfahrzeug AG & Co KG, Sydney Jet Charter Pty Ltd, Tadpole Computer, Tecnologias Internacionales de Manufactura S.A. de C.V., Tenacity Solutions Incorporated, The Depth of Ideas for General Trading LLC, TriPoint Global Communications, Vangent, Vangent Servicios de Mexico S.A. de C.V., Veridian, Vertex Antennentechnik GmbH, ViPS, Vulnerability Research Labs LLC, and Weco LLC.
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This page (NYSE:GD) was last updated on 4/18/2024 by MarketBeat.com Staff

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