General Dynamics (NYSE:GD) Issues FY 2026 Earnings Guidance

General Dynamics (NYSE:GD) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 16.100-16.200 for the period, compared to the consensus estimate of 17.260. The company issued revenue guidance of $54.3 billion-$54.8 billion, compared to the consensus revenue estimate of $54.3 billion.

General Dynamics Price Performance

NYSE GD opened at $350.10 on Friday. The company’s 50 day moving average is $347.56 and its two-hundred day moving average is $334.43. The company has a current ratio of 1.44, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The stock has a market cap of $94.57 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 1.76 and a beta of 0.41. General Dynamics has a 12 month low of $239.20 and a 12 month high of $369.70.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.11 by $0.06. The company had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, research analysts anticipate that General Dynamics will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 16th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, January 16th. General Dynamics’s dividend payout ratio is currently 38.89%.

Analysts Set New Price Targets

Several brokerages have issued reports on GD. JPMorgan Chase & Co. increased their target price on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Melius Research upgraded General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. BNP Paribas Exane cut their target price on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a report on Thursday. Wall Street Zen downgraded General Dynamics from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, Wolfe Research upped their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics presently has a consensus rating of “Moderate Buy” and an average target price of $372.32.

Insider Transactions at General Dynamics

In related news, VP David Paddock sold 20,360 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the sale, the vice president directly owned 36,644 shares of the company’s stock, valued at $12,272,808.48. This represents a 35.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

General Dynamics News Summary

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Q4 beat: GD reported Q4 EPS of $4.17 and revenue of $14.38B, topping estimates; backlog climbed to about $118B, driven by Marine and Combat Systems — supports revenue visibility. Defense Giant General Dynamics Absorbs $41 Million Tariff Blow, Backlog Hits $118 Billion
• Positive Sentiment: Analyst support: Bank of America reaffirmed a “buy” on GD with a $400 price target (~14% upside from recent levels), and coverage consensus remains in the “moderate buy” range — this helps underwrite the stock despite near-term concerns. Benzinga
• Neutral Sentiment: Earnings details/earnings call: Management highlighted strong shipbuilding and Marine Systems performance and discussed backlog and execution, but flagged headwinds; full call transcript and presentation provide context for margins and timing. General Dynamics Q4 2025 Earnings Call Transcript
• Negative Sentiment: Lower FY?2026 EPS guidance: GD set FY?2026 EPS at $16.10–$16.20 vs. street consensus ~$17.26 — the guidance cut/shortfall is the primary driver of the stock pullback as it compresses near?term valuation. General Dynamics Earnings Call Signals Growth Amid Headwinds
• Negative Sentiment: Political/tariff risk for Gulfstream: Reports say the U.S. may impose tariffs and decertify some Canadian-made aircraft linked to Gulfstream supply/approvals — a potential headwind to Gulfstream (General Dynamics unit) and a source of uncertainty. Trump Says US to Decertify, Levy Tariff on Canadian Planes

Hedge Funds Weigh In On General Dynamics

Institutional investors have recently added to or reduced their stakes in the business. JPL Wealth Management LLC acquired a new stake in General Dynamics during the third quarter worth about $40,000. Chapman Financial Group LLC acquired a new position in shares of General Dynamics during the 2nd quarter valued at $43,000. Rakuten Securities Inc. boosted its position in General Dynamics by 53.1% during the 2nd quarter. Rakuten Securities Inc. now owns 173 shares of the aerospace company’s stock worth $50,000 after purchasing an additional 60 shares during the period. Wealth Watch Advisors INC purchased a new position in General Dynamics in the third quarter valued at about $56,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in General Dynamics during the third quarter valued at approximately $75,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

About General Dynamics

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.