General Dynamics Corporation (GD)
| Market Cap | 72.38B |
| Revenue (ttm) | 46.05B |
| Net Income (ttm) | 3.64B |
| Shares Out | 274.53M |
| EPS (ttm) | 13.12 |
| PE Ratio | 20.10 |
| Forward PE | 16.89 |
| Dividend | $5.68 (2.15%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 1,927,252 |
| Open | 259.08 |
| Previous Close | 260.28 |
| Day's Range | 257.80 - 267.44 |
| 52-Week Range | 247.36 - 316.90 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 316.38 (+20.01%) |
| Earnings Date | Jan 22, 2025 |
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 19 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $316.38, which is an increase of 20.01% from the latest price.
News
GDIT Awarded Mission Partner Environment Contract
Company will implement innovative Mission Partner Environment to securely share information with global mission partners FALLS CHURCH, Va. , Dec. 20, 2024 /PRNewswire/ -- General Dynamics Information ...
General Dynamics: DOGE Risk, But Upside Remains For 2025 And I Am Buying
General Dynamics faces downward revisions in EBITDA and free cash flow estimates, with significant challenges in the aerospace and submarine sectors impacting growth projections. Despite a strong divi...
The Rise of Critical Infrastructure Protection Market: A $178.3 billion Industry Dominated by BAE Systems, Lockheed Martin, General Dynamics | MarketsandMarkets™
Delray Beach, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The global Critical Infrastructure Protection Market size is projected to grow from USD 148.1 billion in 2024 to USD 178.3 billion by 2029 at a Comp...
My ‘Trump 2.0' Dividend Stock Forecast For 2025
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Dividend Income Summary: Lanny's November 2024 Summary
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General Dynamics Board Declares Dividend, Authorizes Additional Share Repurchases
RESTON, Va. , Dec. 4, 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 F...
Despite G700 Delivery Delays, General Dynamics Appears On Track
I reiterate a ‘Strong Buy' rating for General Dynamics with a fair value of $315 per share, despite G700 delivery delays. Strong aerospace growth, with 23% new aircraft revenue and 20% aircraft servic...
U.S. Air Force Again Selects Gulfstream for Fleet Support
Gulfstream Special Missions Awarded Significant Contract to Service U.S. Military Aircraft SAVANNAH, Ga. , Nov. 22, 2024 /PRNewswire/ -- Gulfstream Aerospace Corp., a business unit of General Dynamics...
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
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How to trade defense stocks with uncertain government spending
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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
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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...