FY2025 EPS Forecast for General Dynamics Lifted by Analyst

General Dynamics Corporation (NYSE:GD) – Research analysts at William Blair raised their FY2025 earnings per share estimates for General Dynamics in a research report issued on Wednesday, July 23rd. William Blair analyst L. Dipalma now anticipates that the aerospace company will post earnings of $15.10 per share for the year, up from their previous estimate of $14.91. The consensus estimate for General Dynamics’ current full-year earnings is $14.83 per share.

Several other brokerages have also issued reports on GD. Wolfe Research raised General Dynamics from a “peer perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research note on Thursday. Argus set a $295.00 price target on General Dynamics in a research note on Tuesday, May 6th. Susquehanna boosted their price target on General Dynamics from $315.00 to $365.00 and gave the company a “positive” rating in a research note on Thursday. TD Cowen boosted their price target on General Dynamics from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Finally, JPMorgan Chase & Co. boosted their price target on General Dynamics from $284.00 to $345.00 and gave the company an “overweight” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $312.17.

General Dynamics Price Performance

General Dynamics stock opened at $313.92 on Friday. The stock’s 50 day moving average is $287.67 and its 200 day moving average is $272.15. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.36 and a quick ratio of 0.82. The firm has a market cap of $84.44 billion, a P/E ratio of 21.07, a P/E/G ratio of 2.06 and a beta of 0.46. General Dynamics has a one year low of $239.20 and a one year high of $322.50.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 23rd. The aerospace company reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.27. The company had revenue of $13.04 billion for the quarter, compared to analyst estimates of $12.13 billion. General Dynamics had a return on equity of 17.99% and a net margin of 8.13%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $3.26 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. 1858 Wealth Management LLC raised its holdings in shares of General Dynamics by 1.0% in the 2nd quarter. 1858 Wealth Management LLC now owns 3,256 shares of the aerospace company’s stock valued at $950,000 after acquiring an additional 32 shares in the last quarter. Salvus Wealth Management LLC raised its holdings in shares of General Dynamics by 2.9% in the 2nd quarter. Salvus Wealth Management LLC now owns 1,274 shares of the aerospace company’s stock valued at $372,000 after acquiring an additional 36 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of General Dynamics by 0.5% in the 1st quarter. Principal Securities Inc. now owns 8,203 shares of the aerospace company’s stock valued at $2,161,000 after acquiring an additional 37 shares in the last quarter. Sharpepoint LLC raised its holdings in shares of General Dynamics by 4.2% during the 1st quarter. Sharpepoint LLC now owns 917 shares of the aerospace company’s stock valued at $249,000 after buying an additional 37 shares in the last quarter. Finally, United Asset Strategies Inc. raised its holdings in shares of General Dynamics by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 3,140 shares of the aerospace company’s stock valued at $856,000 after buying an additional 37 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, CEO Phebe N. Novakovic sold 178,821 shares of the firm’s stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $283.13, for a total value of $50,629,589.73. Following the completion of the transaction, the chief executive officer owned 769,607 shares in the company, valued at $217,898,829.91. This trade represents a 18.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.

General Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.91%. General Dynamics’s payout ratio is 40.27%.

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.