General Dynamics Corporation (GD)

NYSE: GD · IEX Real-Time Price · USD
285.81
-2.06 (-0.72%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.72%
Market Cap 78.42B
Revenue (ttm) 43.12B
Net Income (ttm) 3.38B
Shares Out 274.36M
EPS (ttm) 12.26
PE Ratio 23.31
Forward PE 18.10
Dividend $5.68 (1.99%)
Ex-Dividend Date Jul 5, 2024
Volume 1,000,717
Open 285.30
Previous Close 287.87
Day's Range 284.02 - 286.34
52-Week Range 211.94 - 302.75
Beta 0.64
Analysts Buy
Price Target 304.89 (+6.68%)
Earnings Date Jul 24, 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]

Sector Industrials
Founded 2019
Employees 111,600
Stock Exchange NYSE
Ticker Symbol GD
Full Company Profile

Financial Performance

In 2023, GD'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 Statements

Analyst Forecast

According to 19 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $304.89, which is an increase of 6.68% from the latest price.

Price Target
$304.89
(6.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

How a Texas Factory Is Emerging as a Key Ammo Supplier for the U.S., Ukraine

MESQUITE, Texas—Walking past new hydraulic presses and orange robots handling semifinished artillery shells, U.S. Army Secretary Christine Wormuth had a question for a manufacturing company executive.

9 days ago - WSJ

Dow Needs a Makeover. What If We Kick Out These 4 Stocks.

The Dow Jones Industrial Average is up a mere 3% this year because of several laggard stocks. We have new picks to replace them.

Other symbols: ANETCRMMU
12 days ago - Barrons

General Dynamics Land Systems awarded Canadian Logistics Vehicle Modernization contract

Contracts totaling $2.58 billion Canadian ($1.88 billion U.S.) awarded to GDLS and partner LONDON, ON , June 7, 2024 /PRNewswire/ -- General Dynamics Land Systems (GDLS), a business unit of General Dy...

25 days ago - PRNewsWire

General Dynamics appoints Schmid as Senior Vice President for Government Relations and Communications

RESTON, Va. , June 6, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Elizabeth L.

26 days ago - PRNewsWire

General Dynamics Board Declares Dividend

RESTON, Va. , June 5, 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 A...

27 days ago - PRNewsWire

Defense stocks: Two things investors should consider

The US defense sector has underperformed the broader market in 2024. Is there any potential for upside?

Other symbols: LMTRKLB
5 weeks ago - Yahoo Finance

GDIT Awarded $185 Million Task Order to Provide Global Cybersecurity Services for U.S. Air Force Civil Engineer Center

Company will secure industrial control systems at 188 installations worldwide FALLS CHURCH, Va. , May 17, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of Genera...

6 weeks ago - PRNewsWire

Gulfstream G700 Earns EASA Certification

European Certification Paves the Way for Increased Deliveries SAVANNAH, Ga., May 15, 2024 /PRNewswire/ -- Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), today an...

6 weeks ago - PRNewsWire

Calian Secures Contract Valued up to $90M for IT and Software Development Services with General Dynamics Mission Systems– Canada to Support Canadian Army

Calian Secures Contract Valued up to $90M for IT and Software Development Services with General Dynamics Mission Systems–Canada to Support Canadian Army

2 months ago - GlobeNewsWire

Cramer's Stop Trading: General Dynamics

CNBC's Jim Cramer explains why he is keeping an eye on shares of General Dynamics.

2 months ago - CNBC Television

General Dynamics Reports First-Quarter 2024 Financial Results

Revenue of $10.7 billion, up 8.6% from year-ago quarter Operating earnings of $1 billion, up 10.4% from year-ago quarter Diluted EPS of $2.88, up 9.1% from year-ago quarter Operating margin of 9.7%, a...

2 months ago - PRNewsWire

Defense stocks rally after Iran attacks Israel

CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.

Other symbols: RTXLHXNOCLMT
2 months ago - CNBC Television

Defense Stocks Haven't Rallied, but There's Opportunity

J.P. Morgan analyst Seth Seifman upgraded Lockheed Martin stock to Buy from Hold, and lifted his price target to $518 from $475.

Other symbols: HIILMT
2 months ago - Barrons

General Dynamics to Webcast 2024 First-Quarter Financial Results Conference Call

RESTON, Va. , April 4, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its first-quarter 2024 earnings results conference call on Wednesday, April 24, beginning at 9 a.m.

3 months ago - PRNewsWire

Gulfstream G700 Earns FAA Certification

All-New G700 Certified with Even More Performance Enhancements SAVANNAH, Ga. , March 29, 2024 /PRNewswire/ -- Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), toda...

3 months ago - PRNewsWire

General Dynamics unit awarded $922 mln IT infrastructure contract

General Dynamics Information Technology (GDIT), a unit of General Dynamics , said on Thursday it was awarded a $922 million contract to modernize the U.S. Central Command's IT infrastructure.

3 months ago - Reuters

GDIT Awarded $922 Million Contract to Modernize U.S. Central Command IT Infrastructure

Company will leverage cloud, AI/ML and zero trust capabilities to strengthen operational readiness FALLS CHURCH, Va. , March 28, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a ...

3 months ago - PRNewsWire

General Dynamics Board Increases Dividend

RESTON, Va. , March 6, 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 ...

4 months ago - PRNewsWire

General Dynamics CEO to speak at Cowen conference

RESTON, Va. , Jan. 30, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) Chief Executive Officer Phebe Novakovic will speak at the Cowen 45th Annual Aerospace & Defense Conference in Arlington, Virgini...

5 months ago - PRNewsWire

General Dynamics reports higher revenue for fourth quarter

U.S. defense contractor General Dynamics reported a jump in fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment.

5 months ago - Reuters

General Dynamics Reports Fourth-Quarter and Full-Year 2023 Financial Results

Fourth-quarter net earnings of $1 billion, diluted EPS of $3.64, on revenue of $11.7 billion Highest quarterly EPS and revenue in company history $1.2 billion net cash provided by operating activities...

5 months ago - PRNewsWire

General Dynamics names insider Kim Kuryea CFO

U.S. defense contractor General Dynamics said on Friday it had appointed insider Kim Kuryea as its chief financial officer, effective Feb. 15.

6 months ago - Reuters

General Dynamics Names Kim Kuryea Finance Chief

Jason Aiken, the current CFO, will focus exclusively on the operating duties of the technologies group, the company said.

6 months ago - WSJ

General Dynamics Announces Personnel Moves

RESTON, Va. , Jan. 5, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Mark Roualet, who currently serves as executive vice president of Combat Systems, has informed the company th...

6 months ago - PRNewsWire

General Dynamics to Webcast 2023 Fourth-Quarter and Full-Year Financial Results Conference Call

RESTON, Va. , Jan. 4, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its fourth-quarter and full-year 2023 financial results conference call on Wednesday, January 24, beginning at 9 a.m...

6 months ago - PRNewsWire