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

General Dynamics (NYSE:GD) announced its quarterly earnings results on Wednesday. The aerospace company reported $4.15 EPS for the quarter, missing analysts’ consensus estimates 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 Performance

GD stock traded up $2.98 during midday trading on Thursday, reaching $254.43. 180,416 shares of the company’s stock traded hands, compared to its average volume of 1,655,261. The firm has a market capitalization of $69.96 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 1.43 and a beta of 0.61. The company has a 50-day moving average price of $268.00 and a two-hundred day moving average price of $287.23. General Dynamics has a 52 week low of $247.01 and a 52 week high of $316.90. 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 Dividend Announcement

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

Insider Activity at General Dynamics

In other General Dynamics news, VP Christopher J. Brady sold 5,540 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $280.91, for a total value of $1,556,241.40. Following the completion of the transaction, the vice president now directly owns 20,296 shares of the company’s stock, valued at $5,701,349.36. This trade represents a 21.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.52% of the stock is currently owned by corporate insiders.

General Dynamics declared that its board has authorized a share repurchase plan on Wednesday, December 4th that allows the company to repurchase 10,000,000 shares. This repurchase authorization allows the aerospace company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on GD shares. Wolfe Research cut shares of General Dynamics from an “outperform” rating to a “peer perform” rating in a report on Wednesday, December 11th. Jefferies Financial Group reissued a “hold” rating and set a $300.00 price objective (down from $345.00) on shares of General Dynamics in a report on Thursday, December 12th. Baird R W lowered General Dynamics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. Citigroup upped their price target on General Dynamics from $354.00 to $360.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Finally, UBS Group dropped their price objective on General Dynamics from $337.00 to $281.00 and set a “neutral” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, General Dynamics has an average rating of “Hold” and an average target price of $302.65.

About General Dynamics

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.