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

General Dynamics (NYSE:GD) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 17.200-17.300 for the period, compared to the consensus earnings per share estimate of 17.000. The company issued revenue guidance of $56.5 billion-$56.8 billion, compared to the consensus revenue estimate of $55.9 billion.

General Dynamics Trading Down 2.5%

NYSE GD opened at $365.13 on Thursday. General Dynamics has a fifty-two week low of $306.77 and a fifty-two week high of $400.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.43. The stock has a 50 day simple moving average of $350.79 and a two-hundred day simple moving average of $355.13. The stock has a market cap of $98.66 billion, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 2.15 and a beta of 0.30.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Friday, October 30th. The aerospace company reported $4.49 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.37. The firm had revenue of $14.57 billion for the quarter, compared to analyst estimates of $13.72 billion. General Dynamics had a return on equity of 17.60% and a net margin of 8.24%. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $3.88 EPS. On average, analysts forecast that General Dynamics will post 17.29 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on GD shares. Wall Street Zen cut shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. TD Cowen decreased their price objective on shares of General Dynamics from $420.00 to $380.00 and set a “buy” rating for the company in a report on Friday, October 9th. Robert W. Baird set a $430.00 price objective on shares of General Dynamics in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $384.00 price objective on shares of General Dynamics in a report on Thursday, July 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a report on Monday, September 28th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $408.94.

Insider Buying and Selling at General Dynamics

In other news, Director Robert K. Steel sold 7,440 shares of the stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the transaction, the director directly owned 3,096 shares of the company’s stock, valued at $1,071,370.80. This represents a 70.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is owned by insiders.

About General Dynamics

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.