Seaport Res Ptn Issues Pessimistic Forecast for GD Earnings

General Dynamics Co. (NYSE:GD - Free Report) - Analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share estimates for General Dynamics in a research note issued to investors on Thursday, April 17th. Seaport Res Ptn analyst R. Safran now anticipates that the aerospace company will post earnings of $3.39 per share for the quarter, down from their previous estimate of $3.44. The consensus estimate for General Dynamics' current full-year earnings is $14.83 per share. Seaport Res Ptn also issued estimates for General Dynamics' Q4 2025 earnings at $4.22 EPS, Q1 2026 earnings at $3.75 EPS, Q3 2026 earnings at $4.08 EPS, Q4 2026 earnings at $4.61 EPS and FY2026 earnings at $16.29 EPS.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.43 by $0.23. General Dynamics had a net margin of 7.93% and a return on equity of 17.10%. The company had revenue of $12.22 billion during the quarter, compared to the consensus estimate of $11.92 billion.

GD has been the subject of several other reports. Susquehanna increased their price target on shares of General Dynamics from $300.00 to $315.00 and gave the stock a "positive" rating in a research note on Wednesday, April 2nd. William Blair cut General Dynamics from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. BTIG Research lowered General Dynamics from a "buy" rating to a "neutral" rating in a research report on Thursday, February 13th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of General Dynamics from $303.00 to $295.00 and set a "hold" rating on the stock in a research note on Thursday, January 2nd. Finally, Citigroup reduced their price objective on shares of General Dynamics from $335.00 to $330.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $294.47.

General Dynamics Stock Down 2.8 %

Shares of NYSE GD traded down $7.81 during mid-day trading on Friday, hitting $266.99. 1,018,149 shares of the stock traded hands, compared to its average volume of 1,369,312. The stock has a fifty day moving average price of $262.54 and a 200-day moving average price of $272.52. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 1.37. The company has a market cap of $71.66 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 1.69 and a beta of 0.43. General Dynamics has a 52 week low of $239.20 and a 52 week high of $316.90.

Institutional Trading of General Dynamics

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC lifted its position in shares of General Dynamics by 15.3% in the fourth quarter. Empowered Funds LLC now owns 9,689 shares of the aerospace company's stock worth $2,553,000 after buying an additional 1,283 shares in the last quarter. Kentucky Trust Co purchased a new position in shares of General Dynamics in the fourth quarter valued at $607,000. Hickory Point Bank & Trust bought a new stake in General Dynamics in the fourth quarter worth $692,000. Wealth Enhancement Advisory Services LLC raised its stake in General Dynamics by 69.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 261,992 shares of the aerospace company's stock valued at $69,032,000 after purchasing an additional 107,095 shares in the last quarter. Finally, Atlas Legacy Advisors LLC bought a new position in General Dynamics during the fourth quarter valued at $550,000. 86.14% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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

General Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 11th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Friday, April 11th. This is an increase from General Dynamics's previous quarterly dividend of $1.42. This represents a $6.00 annualized dividend and a yield of 2.25%. General Dynamics's payout ratio is 43.99%.

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.