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

General Dynamics (NYSE:GD) released its earnings results on Wednesday. The aerospace company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.14), Zacks reports. General Dynamics had a net margin of 7.93% and a return on equity of 17.08%. General Dynamics updated its FY 2025 guidance to 14.750-14.850 EPS.

General Dynamics Stock Performance

GD stock traded up $0.37 on Friday, reaching $257.30. 260,058 shares of the company were exchanged, compared to its average volume of 1,689,536. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.32 and a quick ratio of 0.80. The firm has a market capitalization of $70.75 billion, a PE ratio of 18.87, a PEG ratio of 1.34 and a beta of 0.61. The stock’s fifty day moving average price is $267.54 and its 200 day moving average price is $287.02. General Dynamics has a 12 month low of $247.01 and a 12 month high of $316.90.

General Dynamics Announces Dividend

The firm also recently announced 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. This represents a $5.68 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Friday, January 17th. General Dynamics’s dividend payout ratio (DPR) is currently 41.64%.

Analyst Upgrades and Downgrades

GD has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 price target (down from $345.00) on shares of General Dynamics in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft decreased their target price on General Dynamics from $303.00 to $295.00 and set a “hold” rating for the company in a report on Thursday, January 2nd. TD Cowen decreased their price objective on shares of General Dynamics from $315.00 to $295.00 in a research note on Tuesday. UBS Group reduced their target price on shares of General Dynamics from $337.00 to $281.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Wolfe Research cut General Dynamics from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, eleven 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, the company currently has an average rating of “Hold” and an average price target of $301.24.

Insider Transactions at General Dynamics

In other General Dynamics 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 sale, the vice president now owns 20,296 shares in the company, valued at $5,701,349.36. The trade was a 21.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.52% of the company’s stock.

General Dynamics announced that its Board of Directors has initiated a stock repurchase program on Wednesday, December 4th that authorizes the company to repurchase 10,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.