General Dynamics Corporation (GD)
| Market Cap | 79.80B |
| Revenue (ttm) | 44.95B |
| Net Income (ttm) | 3.55B |
| Shares Out | 274.78M |
| EPS (ttm) | 12.82 |
| PE Ratio | 22.65 |
| Forward PE | 18.43 |
| Dividend | $5.68 (1.96%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 937,630 |
| Open | 290.99 |
| Previous Close | 290.98 |
| Day's Range | 287.64 - 292.70 |
| 52-Week Range | 214.53 - 302.75 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 310.39 (+6.88%) |
| 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]
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 StatementsAnalyst Forecast
According to 19 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $310.39, which is an increase of 6.88% from the latest price.
News
General Dynamics Posts Higher Q2 Aircraft Deliveries
General Dynamics (GD) reported second-quarter results Wednesday that revealed a sizable revenue bump driven by increased aircraft deliveries.
General Dynamics quartely revenue rises on higher defense demand
General Dynamics reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.
General Dynamics Reports Second-Quarter 2024 Financial Results
Revenue of $12 billion, up 18% from year-ago quarter Operating earnings of $1.2 billion, up 20.2% from year-ago quarter Diluted EPS of $3.26, up 20.7% from year-ago quarter Operating margin of 9.7%, a...
General Dynamics Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
General Dynamics Corporation GD will release its financial results for the second quarter, before the opening bell on Wednesday, July 24.
Earnings Exchange: Visa, General Dynamics, & Enphase
Victoria Greene, founding partner and CIO of G Squared Private Wealth, joins CNBC's 'The Exchange' to discuss three stocks: Visa, General Dynamics, and Enphase.
The Road Ahead for Aerospace & Defense
The Boeing (BA) outlook is revised to negative, and aircraft delivery rates are well below prevailing demand, notes S&P 500 Global Rating's Ben Tsocanos. He discusses the aerospace and defense mid-yea...
This Analyst With 87% Accuracy Rate Sees Over 35% Downside In Tesla - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks closed higher on Friday following the release of jobs data, with the S&P 500 surging to fresh high during the session.
General Dynamics to Webcast 2024 Second-Quarter Financial Results Conference Call
RESTON, Va. , July 3, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its second-quarter 2024 earnings results conference call on Wednesday, July 24, beginning at 9 a.m.
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.
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.
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...
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.
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...
Defense stocks: Two things investors should consider
The US defense sector has underperformed the broader market in 2024. Is there any potential for upside?
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...
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...
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
Cramer's Stop Trading: General Dynamics
CNBC's Jim Cramer explains why he is keeping an eye on shares of General Dynamics.
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...
Defense stocks rally after Iran attacks Israel
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
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.
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.
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...
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.