Q1 EPS Estimates for General Dynamics Cut by Zacks Research

General Dynamics Co. (NYSE:GD - Free Report) - Equities researchers at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for General Dynamics in a research note issued to investors on Monday, January 13th. Zacks Research analyst R. Department now forecasts that the aerospace company will earn $3.34 per share for the quarter, down from their previous forecast of $3.37. The consensus estimate for General Dynamics' current full-year earnings is $13.84 per share. Zacks Research also issued estimates for General Dynamics' Q2 2025 earnings at $3.70 EPS, Q3 2025 earnings at $2.73 EPS and FY2026 earnings at $17.30 EPS.

General Dynamics (NYSE:GD - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The aerospace company reported $3.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.48 by ($0.13). The firm had revenue of $11.67 billion for the quarter, compared to analysts' expectations of $11.65 billion. General Dynamics had a return on equity of 16.59% and a net margin of 7.90%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.04 EPS.

GD has been the subject of several other research reports. Barclays decreased their target price on shares of General Dynamics from $330.00 to $305.00 and set an "overweight" rating for the company in a research note on Monday, January 6th. Robert W. Baird restated a "neutral" rating and issued a $283.00 price objective (down previously from $345.00) on shares of General Dynamics in a research report on Tuesday. Wells Fargo & Company reduced their price objective on shares of General Dynamics from $295.00 to $279.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group cut shares of General Dynamics from a "neutral" rating to a "sell" rating and dropped their price objective for the stock from $283.00 to $245.00 in a research note on Thursday, December 12th. Finally, TD Cowen raised shares of General Dynamics to a "strong-buy" rating in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, General Dynamics currently has a consensus rating of "Hold" and an average price target of $304.53.

General Dynamics Stock Performance

Shares of GD stock traded up $0.77 during mid-day trading on Wednesday, hitting $265.89. 1,013,525 shares of the stock were exchanged, compared to its average volume of 1,394,579. General Dynamics has a 12-month low of $247.36 and a 12-month high of $316.90. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 1.62 and a beta of 0.61. The stock's fifty day simple moving average is $275.30 and its two-hundred day simple moving average is $288.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.80 and a current ratio of 1.32.

General Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 17th will be issued a $1.42 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.14%. General Dynamics's dividend payout ratio (DPR) is presently 43.26%.

General Dynamics announced that its board has authorized a stock buyback program on Wednesday, December 4th that authorizes the company to repurchase 10,000,000 shares. This repurchase authorization authorizes the aerospace company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling at General Dynamics

In related news, VP Christopher J. Brady sold 5,540 shares of General Dynamics stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $280.91, for a total transaction of $1,556,241.40. Following the transaction, the vice president now owns 20,296 shares in the company, valued at approximately $5,701,349.36. The trade was a 21.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.52% of the stock is owned by company insiders.

Hedge Funds Weigh In On General Dynamics

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Coston McIsaac & Partners lifted its holdings in shares of General Dynamics by 22.8% during the 3rd quarter. Coston McIsaac & Partners now owns 178 shares of the aerospace company's stock valued at $53,000 after acquiring an additional 33 shares in the last quarter. Global X Japan Co. Ltd. lifted its holdings in General Dynamics by 2.3% in the 3rd quarter. Global X Japan Co. Ltd. now owns 1,482 shares of the aerospace company's stock worth $448,000 after buying an additional 33 shares in the last quarter. Grove Bank & Trust lifted its holdings in General Dynamics by 10.6% in the 3rd quarter. Grove Bank & Trust now owns 354 shares of the aerospace company's stock worth $107,000 after buying an additional 34 shares in the last quarter. Trueblood Wealth Management LLC increased its position in shares of General Dynamics by 1.6% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,223 shares of the aerospace company's stock worth $672,000 after purchasing an additional 34 shares during the last quarter. Finally, Rathbones Group PLC increased its position in shares of General Dynamics by 1.8% in the 2nd quarter. Rathbones Group PLC now owns 2,022 shares of the aerospace company's stock worth $587,000 after purchasing an additional 35 shares during the last quarter. Institutional investors and hedge funds 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.