Lockheed Martin (NYSE:LMT) Issues FY 2025 Earnings Guidance

Key Points

• Lockheed Martin has issued FY 2025 earnings guidance with EPS expected to be between 22.150-22.350, lower than the consensus estimate of 24.180, and projected revenue between $74.3 billion-$74.8 billion, matching the consensus.
• The company announced a quarterly dividend increase to $3.45, up from $3.30, with an ex-dividend date of December 1st.
• Recent analyst ratings show a mix of opinions, with target prices ranging from $425.00 to $590.00, indicating a generally positive outlook despite varying degrees of caution across brokerages.

Lockheed Martin (NYSE:LMT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 22.150-22.350 for the period, compared to the consensus EPS estimate of 24.180. The company issued revenue guidance of $74.3 billion-$74.8 billion, compared to the consensus revenue estimate of $74.3 billion.

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $505.20 on Tuesday. The stock has a market capitalization of $117.94 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.74 and a beta of 0.28. The business has a 50-day moving average of $473.51 and a 200-day moving average of $465.36. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.98 and a quick ratio of 0.83. Lockheed Martin has a fifty-two week low of $410.11 and a fifty-two week high of $618.95.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, beating the consensus estimate of $6.33 by $0.62. Lockheed Martin had a return on equity of 107.60% and a net margin of 5.85%. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, sell-side analysts predict that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 1st will be paid a $3.45 dividend. This is an increase from Lockheed Martin's previous quarterly dividend of $3.30. The ex-dividend date is Monday, December 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin's dividend payout ratio (DPR) is 74.32%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LMT. Susquehanna raised their target price on shares of Lockheed Martin from $490.00 to $590.00 and gave the company a "positive" rating in a research note on Thursday, October 9th. The Goldman Sachs Group raised their target price on shares of Lockheed Martin from $398.00 to $425.00 and gave the company a "sell" rating in a research note on Friday, October 10th. Vertical Research reiterated a "hold" rating and issued a $460.00 target price on shares of Lockheed Martin in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $519.00 price objective on shares of Lockheed Martin and gave the stock a "hold" rating in a research report on Wednesday, October 8th. Finally, Robert W. Baird raised their price objective on shares of Lockheed Martin from $500.00 to $550.00 and gave the stock an "outperform" rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Lockheed Martin currently has an average rating of "Hold" and an average price target of $515.35.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. State of Wyoming bought a new position in shares of Lockheed Martin during the second quarter worth approximately $303,000. Geneos Wealth Management Inc. increased its holdings in shares of Lockheed Martin by 37.6% during the second quarter. Geneos Wealth Management Inc. now owns 2,969 shares of the aerospace company's stock worth $1,375,000 after purchasing an additional 811 shares during the period. Parr Mcknight Wealth Management Group LLC increased its holdings in shares of Lockheed Martin by 1.3% during the second quarter. Parr Mcknight Wealth Management Group LLC now owns 2,609 shares of the aerospace company's stock worth $1,208,000 after purchasing an additional 34 shares during the period. Headlands Technologies LLC bought a new position in shares of Lockheed Martin during the second quarter worth approximately $460,000. Finally, CANADA LIFE ASSURANCE Co increased its holdings in shares of Lockheed Martin by 72.2% during the second quarter. CANADA LIFE ASSURANCE Co now owns 201,244 shares of the aerospace company's stock worth $93,339,000 after purchasing an additional 84,371 shares during the period. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Company Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

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