General Dynamics Corporation (GD)

NYSE: GD · IEX Real-Time Price · USD
288.40
+3.13 (1.10%)
Apr 19, 2024, 3:25 PM EDT - Market open
1.10%
Market Cap 79.01B
Revenue (ttm) 42.27B
Net Income (ttm) 3.32B
Shares Out 273.98M
EPS (ttm) 12.02
PE Ratio 24.03
Forward PE 19.15
Dividend $5.68 (1.97%)
Ex-Dividend Date Apr 11, 2024
Volume 546,823
Open 287.43
Previous Close 285.27
Day's Range 286.73 - 289.29
52-Week Range 202.35 - 296.50
Beta 0.68
Analysts Buy
Price Target 282.21 (-2.14%)
Earnings Date Apr 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 15 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $282.21, which is a decrease of -2.14% from the latest price.

Price Target
$282.21
(-2.14% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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
4 days 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
4 days 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.

14 days 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...

21 days 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.

21 days 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 ...

22 days 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 ...

6 weeks 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...

2 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.

3 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...

3 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.

3 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.

3 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...

3 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...

3 months ago - PRNewsWire

How 15 of Our Stock Picks Fared in 2023

Taking stock of our winners, losers and also-rans, including Ferrari, Frontier Communications, and Walt Disney.

4 months ago - Barrons

General Dynamics Mission Systems-Canada Awarded four Land C4ISR Contracts for the Canadian Army valued at up to CA$1.7 Billion

OTTAWA, ON , Dec. 20, 2023 /PRNewswire/ -- General Dynamics Mission Systems–Canada announced today that it was awarded four contracts cumulatively valued at up to CA$1.68 billion (US$1.3 billion) by t...

4 months ago - PRNewsWire

General Dynamics Board Declares Dividend

RESTON, Va. , Dec. 6, 2023 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.32 per share on the company's common stock, payable F...

4 months ago - PRNewsWire

GDIT Awarded $2.5 Billion IDIQ Contract for Electronic Health Record Modernization by the Indian Health Service

New Oracle Health EHR system will improve data sharing and access to health services for 2.6 million American Indians and Alaska Natives FALLS CHURCH, Va. , Nov. 13, 2023 /PRNewswire/ -- General Dynam...

5 months ago - PRNewsWire

UAW members at some General Dynamics plants ratify new tentative agreement

The United Auto Workers (UAW) union on Monday said members at the General Dynamics plants at Ohio, Michigan and Pennsylvania have voted to ratify a new tentative agreement.

5 months ago - Reuters

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

6 months ago - Kiplinger

‘Hamas has created additional demand': Wall Street eyes big profits from war

Morgan Stanley and TD Bank hope for aerospace and weapons boon after a 7% value increase from start of Israel-Hamas conflict

Other symbols: RTX
6 months ago - The Guardian

GDIT Awarded $450 Million Financial Systems Modernization Contract by the Centers for Medicare and Medicaid Services

Company will continue operating one of the world's largest accounting systems. FALLS CHURCH, Va.

6 months ago - PRNewsWire

General Dynamics Posts Strong Earnings Ahead of UAW Contract Vote

Investors are waiting to see if employees represented by the United Auto Workers ratified a new labor deal.

6 months ago - Barrons

General Dynamics stock set to snap longest losing streak in 4 years after earnings beat expectations

Shares of General Dynamics Corp. GD, -0.09% climbed 1.9% in premarket trading Wednesday, putting them on track to snap a seven-session losing streak, after the aerospace and defense contractor beat th...

6 months ago - Market Watch

General Dynamics quarterly profit falls on higher operating expenses

Gulfstream jet maker General Dynamics reported a lower quarterly profit on Wednesday, due to higher operating expenses amid expensive labor and other inflationary pressures.

6 months ago - Reuters