General Dynamics (GD) to Release Quarterly Earnings on Wednesday

General Dynamics (NYSE:GD - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect General Dynamics to post earnings of $3.43 per share and revenue of $11.92 billion for the quarter.

General Dynamics (NYSE:GD - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.43 by $0.23. The company had revenue of $12.22 billion for the quarter, compared to the consensus estimate of $11.92 billion. General Dynamics had a return on equity of 17.10% and a net margin of 7.93%. On average, analysts expect General Dynamics to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

General Dynamics Price Performance

Shares of General Dynamics stock traded down $8.89 on Wednesday, hitting $265.91. 2,245,744 shares of the company traded hands, compared to its average volume of 1,373,967. The business has a 50-day simple moving average of $262.54 and a 200 day simple moving average of $272.52. General Dynamics has a 52 week low of $239.20 and a 52 week high of $316.90. The stock has a market capitalization of $71.37 billion, a P/E ratio of 19.49, a price-to-earnings-growth ratio of 1.69 and a beta of 0.43. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 1.37.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 11th will be given a dividend of $1.50 per share. This is an increase from General Dynamics's previous quarterly dividend of $1.42. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, April 11th. General Dynamics's dividend payout ratio is currently 43.99%.

Analysts Set New Price Targets

GD has been the topic of a number of research reports. BTIG Research cut shares of General Dynamics from a "buy" rating to a "neutral" rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. lowered their price objective on General Dynamics from $307.00 to $284.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company cut their target price on General Dynamics from $261.00 to $236.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. William Blair downgraded General Dynamics from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, The Goldman Sachs Group cut their price objective on shares of General Dynamics from $245.00 to $241.00 and set a "sell" rating on the stock in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $294.47.

Insider Activity

In other General Dynamics news, SVP Marguerite Amy Gilliland sold 27,562 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $272.11, for a total transaction of $7,499,895.82. Following the transaction, the senior vice president now owns 45,192 shares of the company's stock, valued at approximately $12,297,195.12. This trade represents a 37.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Laura J. Schumacher sold 1,796 shares of the business's stock in a transaction on Friday, January 31st. The stock was sold at an average price of $255.68, for a total value of $459,201.28. Following the completion of the transaction, the director now directly owns 11,175 shares of the company's stock, valued at approximately $2,857,224. The trade was a 13.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in General Dynamics stock. Brighton Jones LLC grew its stake in shares of General Dynamics Co. (NYSE:GD - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,885 shares of the aerospace company's stock after acquiring an additional 417 shares during the quarter. Brighton Jones LLC's holdings in General Dynamics were worth $760,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 86.14% of the company's stock.

General Dynamics Company Profile

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.