General Dynamics Corporation (GD)
| Market Cap | 76.88B |
| Revenue (ttm) | 46.05B |
| Net Income (ttm) | 3.64B |
| Shares Out | 274.53M |
| EPS (ttm) | 13.12 |
| PE Ratio | 21.35 |
| Forward PE | 17.58 |
| Dividend | $5.68 (2.03%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 1,278,251 |
| Open | 281.47 |
| Previous Close | 280.96 |
| Day's Range | 278.12 - 282.00 |
| 52-Week Range | 243.87 - 316.90 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 325.19 (+16.12%) |
| Earnings Date | Oct 23, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, General Dynamics's revenue was $42.27 billion, an increase of 7.27% compared to the previous year's $39.41 billion. Earnings were $3.32 billion, a decrease of -2.21%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $325.19, which is an increase of 16.12% from the latest price.
News
Ukraine, Middle East conflicts eating into US air defense stocks, US admiral says
Conflicts in Ukraine and the Middle East are eating into U.S. stockpiles of air defenses, the top U.S. admiral overseeing American forces in the Asia-Pacific region said on Tuesday.
Defense Stocks Under Fire: Why I'm Buying The Dip
My portfolio initially surged post-election but has since faced pressure due to market uncertainty surrounding Trump's controversial appointments and their economic impact. Key affected sectors includ...
How to trade defense stocks with uncertain government spending
Sheila Kahyaoglu, Jefferies equity analyst, joins CNBC's 'Closing Bell Overtime' to discuss the potential impact of the Department of Government Efficiency, her outlook on defense stocks, and more.
Defense Stocks Are Taking It On The Chin.
Shares of Lockheed, Northrop, and other defense contractors are having a lousy day. The precise reason is hard to say.
As It Turns Out, General Dynamics Is A 'Trump Trade'
General Dynamics benefits from geopolitical tensions, strong order backlogs, and robust financials, making it a strategic long-term defense investment. Despite the high valuation, GD's double-digit EP...
General Dynamics: Prepare For Takeoff
General Dynamics offers strong diversification with robust revenue growth, a high $92.6 billion project backlog, and resilience amidst geopolitical uncertainty, making it a solid investment. Recent Q3...
General Dynamics Corporation (GD) Q3 2024 Earnings Call Transcript
General Dynamics Corporation (NYSE:GD) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Nicole Shelton - VP, IR Phebe N. Novakovic - Chairman and CEO Kimberly A.
General Dynamics revenue rises on defense demand
General Dynamics reported a more than 10% rise in third-quarter revenue on Wednesday, driven by strength in its defense units amid sustained demand for military munitions and vehicles.
General Dynamics Reports Third-Quarter 2024 Financial Results
Revenue of $11.7 billion, up 10.4% from year-ago quarter Operating earnings of $1.2 billion, up 11.7% from year-ago quarter Diluted EPS of $3.35, up 10.2% from year-ago quarter Operating margin of 10....
Big Government Contracts Propel These 3 Defense Stocks Higher
The world's best hedge funds and investors tend to look at more abstract data than the average retail investor does. Now, some of this data might not be accessible, such as satellite feeds to figure o...
This General Dynamics Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
General Dynamics Sees Sharp Contract Decline, But Strong Backlog Secures Future Growth
General Dynamics saw a 58.4% decline in contract value, primarily due to lower value per contract, despite a stable number of contracts. The company has a strong backlog of $91.3 billion, with $71.3 b...
General Dynamics Business Units to Participate in AUSA 2024
RESTON, Va. , Oct. 8, 2024 /PRNewswire/ -- Four business units of General Dynamics (NYSE: GD) will be among the exhibitors at the Association of the U.S. Army (AUSA) annual meeting and exposition, sch...
General Dynamics to Webcast 2024 Third-Quarter Financial Results Conference Call
RESTON, Va. , Oct. 3, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its third-quarter 2024 earnings results conference call on Wednesday, October 23, beginning at 9 a.m.
What a Trump or Harris Win Would Mean for Boeing Stock and Other Defense Names
Investors believe Republican administrations are better for defense stocks than Democratic ones.
GDIT Awarded $299 Million Contract to Support Pentagon's Network Infrastructure
FALLS CHURCH, Va. , Sept. 19, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a $299 million con...
General Dynamics NASSCO Receives Additional Eight-Ship Contract to Build T-AO 10-17
NASSCO is currently under contract for the first nine ships of the class, and has delivered three to date. With this award the company will build seventeen of the Navy's twenty-ship program of record.
General Dynamics Mission Systems Awarded $491.6 Million Design and Development Contract for Space Development Agency's Ground, Management and Integration Program
Building upon the innovation and success of the Tranche 1 Operations and Integration contract, General Dynamics will evolve the ground system architecture under the Ground, Management and Integration ...
General Dynamics Stock Is Worth $317
General Dynamics reports strong second quarter results, with revenue growth and margin expansion across all key metrics. The Aerospace segment sees a significant revenue increase, but margin pressure ...
Republican Scott Franklin's investment in General Dynamics follows major $1.3 billion navy deal
Republican Scott Franklin purchased General Dynamics stock shortly before the company secured a $1.3 billion contract. Does his role on an armed service committee give him an advantage?
Lockheed Martin and General Dynamics announce pact to build rocket motors
Lockheed Martin and General Dynamics on Tuesday announced an agreement to build solid rocket motors amid an ongoing shortage that has capped production of missiles.
I'm Convinced General Dynamics Is One Of The Best Dividend Aristocrats On The Market
Rheinmetall's growth highlights Europe's defense modernization needs, benefiting both German and U.S. defense giants like General Dynamics. GD posted strong Q2 results with revenue growth across all s...
General Dynamics Board Declares Dividend
RESTON, Va. , Aug. 7, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable N...
General Dynamics Electric Boat awarded $1.3 billion contract modification for long lead time material for Virginia-class submarines
GROTON, Conn. , Aug. 5, 2024 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a $1.3 billion undefinitized contract m...