General Dynamics (NYSE:GD) Releases Earnings Results, Misses Expectations By $0.14 EPS

General Dynamics (NYSE:GD) announced its quarterly earnings data on Wednesday. The aerospace company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $4.29 by ($0.14), Zacks reports. General Dynamics had a net margin of 7.90% and a return on equity of 16.59%. General Dynamics updated its FY 2025 guidance to 14.750-14.850 EPS.

General Dynamics Stock Up 1.2 %

Shares of General Dynamics stock traded up $2.98 during trading hours on Thursday, reaching $254.43. 180,416 shares of the company’s stock were exchanged, compared to its average volume of 1,655,261. The stock has a market cap of $69.96 billion, a P/E ratio of 19.39, a P/E/G ratio of 1.43 and a beta of 0.61. The company has a 50 day moving average of $268.00 and a two-hundred day moving average of $287.23. The company has a current ratio of 1.32, a quick ratio of 0.80 and a debt-to-equity ratio of 0.32. General Dynamics has a fifty-two week low of $247.01 and a fifty-two week high of $316.90.

General Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 17th will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.23%. The ex-dividend date is Friday, January 17th. General Dynamics’s payout ratio is 43.26%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GD. Wolfe Research cut General Dynamics from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, December 11th. Sanford C. Bernstein lowered their price target on General Dynamics from $343.00 to $331.00 and set a “market perform” rating for the company in a research note on Thursday, October 24th. Seaport Res Ptn lowered shares of General Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 11th. Citigroup boosted their price objective on shares of General Dynamics from $354.00 to $360.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Finally, TD Cowen reduced their price target on shares of General Dynamics from $315.00 to $295.00 in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $302.65.

General Dynamics announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 4th that allows the company to buyback 10,000,000 outstanding shares. This buyback authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, VP Christopher J. Brady sold 5,540 shares of the business’s 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 directly owns 20,296 shares in the company, valued at approximately $5,701,349.36. The trade was a 21.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.52% of the stock is currently owned by corporate insiders.

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.