General Dynamics Corporation (GD)
| Market Cap | 78.90B |
| Revenue (ttm) | 43.12B |
| Net Income (ttm) | 3.38B |
| Shares Out | 274.36M |
| EPS (ttm) | 12.26 |
| PE Ratio | 23.46 |
| Forward PE | 18.35 |
| Dividend | $5.68 (1.98%) |
| Ex-Dividend Date | Apr 11, 2024 |
| Volume | 251,674 |
| Open | 286.91 |
| Previous Close | 287.79 |
| Day's Range | 286.35 - 287.93 |
| 52-Week Range | 202.35 - 296.50 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 296.23 (+3.01%) |
| 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]
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 14 analysts, the average rating for GD stock is "Buy." The 12-month stock price forecast is $296.23, which is an increase of 3.01% from the latest price.
News
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.
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 ...
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 ...
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...
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.
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...
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.
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.
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...
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...
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...
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...
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...
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.
‘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
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.
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.