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NYSE:GD

General Dynamics (GD) Stock Price, News & Analysis

$308.06
+3.26 (+1.07%)
(As of 03:07 PM ET)
Today's Range
$306.15
$309.97
50-Day Range
$279.50
$304.83
52-Week Range
$214.53
$309.97
Volume
495,503 shs
Average Volume
1.06 million shs
Market Capitalization
$84.52 billion
P/E Ratio
25.13
Dividend Yield
1.84%
Price Target
$315.06

General Dynamics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.3% Upside
$315.06 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.40
Upright™ Environmental Score
News Sentiment
0.99mentions of General Dynamics in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.81%
From $14.52 to $16.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Aerospace Sector

10th out of 44 stocks

Ship & Boat Building & Repairing Industry

1st out of 6 stocks

GD stock logo

About General Dynamics Stock (NYSE: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 for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

GD Stock Price History

GD Stock News Headlines

The Scranton Army Ammunition Plant is seen before a tour of the manufacturing process for 155 mm M7…
Pennsylvania ammo plant boosts production of key artillery shell in Ukraine's fight against Russia
A Pennsylvania ammunition plant that makes a key artillery shell in Ukraine’s fight against Russia has managed to boost production by 50% to meet surging demand, with more capacity set to come on line
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
2 Top Defense Tech Stocks to Buy in September
3 Defense Stocks to Buy Amid Rising Global Tensions
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
3 Defense Stocks With Strong Backlogs
General Dynamics Stock Is Worth $317
See More Headlines
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Company Calendar

Ex-Dividend for 8/9 Dividend
7/05/2024
Last Earnings
7/24/2024
Dividend Payable
8/09/2024
Today
9/16/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Ship & boat building & repairing
Sub-Industry
Aerospace & Defense
CUSIP
36955010
Employees
111,600
Year Founded
1952

Price Target and Rating

Average Stock Price Target
$315.06
High Stock Price Target
$345.00
Low Stock Price Target
$258.00
Potential Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Net Income
$3.32 billion
Pretax Margin
9.51%

Debt

Sales & Book Value

Annual Sales
$44.95 billion
Cash Flow
$15.51 per share
Book Value
$77.74 per share

Miscellaneous

Free Float
270,194,000
Market Cap
$83.63 billion
Optionable
Optionable
Beta
0.61

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Should I Buy General Dynamics Stock? GD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in General Dynamics Co.:

  • General Dynamics Co. has a strong track record of consistent dividend payments, with a current dividend yield of 1.93%. This can provide investors with a steady income stream.
  • Recent insider selling activity, such as CFO Kimberly A. Kuryea selling shares at an average price of $298.16, may indicate confidence in the company's future performance.
  • Analysts have given General Dynamics Co. a consensus rating of "Moderate Buy" with a target price of $315.06, suggesting potential for stock price appreciation.
  • General Dynamics Co. operates in the aerospace and defense sector, which is known for its stability and resilience even during economic downturns.
  • Despite a slight trading dip, General Dynamics Co. has a market capitalization of $81.10 billion, indicating its position as a significant player in the industry.

Cons

Investors should be bearish about investing in General Dynamics Co. for these reasons:

  • General Dynamics Co. recently reported earnings that missed analysts' consensus estimates, which could lead to short-term volatility in the stock price.
  • The company's price-to-earnings ratio of 24.19 and P/E/G ratio of 1.68 may indicate that the stock is currently trading at a premium valuation.
  • While the company has a strong dividend payout ratio of 46.33%, investors should be cautious of potential changes in dividend policy based on future financial performance.
  • General Dynamics Co. has a beta of 0.60, suggesting lower volatility compared to the market, which may limit potential returns during bullish market conditions.
  • The company's debt-to-equity ratio of 0.33 should be monitored closely as higher debt levels can impact financial flexibility and future growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these General Dynamics pros and cons to contact@marketbeat.com.

GD Stock Analysis - Frequently Asked Questions

How have GD shares performed this year?

General Dynamics' stock was trading at $259.67 at the beginning of 2024. Since then, GD stock has increased by 18.6% and is now trading at $308.06.
View the best growth stocks for 2024 here
.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) released its earnings results on Wednesday, July, 24th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.30 by $0.04. The firm's revenue was up 18.0% compared to the same quarter last year.
Read the conference call transcript
.

Does General Dynamics have any subsidiaries?

The following companies are subsidiaries of General Dynamics: CSRA, Bluefin Robotics Corporation, Applied Physical Sciences, Open Kernel Labs, Gayston Corporation - Defense Operations, Fidelis Cybersecurity, Earl Industries - Ship Repair and Coatings Division, and more.

Who are General Dynamics' major shareholders?

Top institutional investors of General Dynamics include Longview Asset Management LLC (10.24%), Newport Trust Company LLC (5.64%), Massachusetts Financial Services Co. MA (2.78%) and Ameriprise Financial Inc. (0.76%). Insiders that own company stock include Phebe N Novakovic, Mark C Roualet, Gregory S Gallopoulos, Kimberly A Kuryea, Mark Lagrand Burns, Marguerite Amy Gilliland, William A Moss, Leon Rudy F De and Mark Malcolm.
View institutional ownership trends
.

How do I buy shares of General Dynamics?

Shares of GD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of General Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that General Dynamics investors own include AT&T (T), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA) and Home Depot (HD).

This page (NYSE:GD) was last updated on 9/16/2024 by MarketBeat.com Staff

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