Lockheed Martin (LMT) Stock Price, News & Analysis

Company Overview

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons. The company is the prime contractor for major programs such as the F-35 Lightning II joint strike fighter and develops a range of other manned and unmanned aircraft, rotorcraft through its Sikorsky unit, and advanced propulsion and avionics systems. In space, Lockheed Martin builds satellites, spacecraft components and mission systems, and participates in civil and national security space programs. It also delivers systems integration, sustainment, logistics, cybersecurity and training services to support complex platforms over their lifecycles.

Operating globally, Lockheed Martin supports allied military forces and international partners through foreign military sales, joint ventures and supply-chain relationships. The company emphasizes research and development in areas such as hypersonics, directed energy, advanced sensors, autonomy and secure communications to address evolving defense and space requirements. Leadership has included a succession of industry executives; James D. Taiclet has served as chief executive officer since 2020 and also holds the company’s top leadership responsibilities. Lockheed Martin remains a major contractor in U.S. national security and space programs, maintaining a broad footprint of engineering, manufacturing and program offices worldwide.

Key Stats

• Today's Range: $510.79 to $520.87
• 50-Day Range: $506.79 to $672.02
• 52-Week Range: $410.11 to $692.00
• Volume: 823,861 shs
• Average Volume: 1.69 million shs
• Market Capitalization: $119.97 billion
• P/E Ratio: 25.20
• Dividend Yield: 2.65%
• Price Target: $628.63
• Consensus Rating: Hold

Lockheed Martin Stock Analysis - MarketRank™

Lockheed Martin scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 59 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Hold

Consensus Rating

Lockheed Martin has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 strong buy rating, 6 buy ratings, 13 hold ratings, and 1 sell rating.

Upside Potential

Lockheed Martin has a consensus price target of $628.63, representing about 20.8% upside from its current price of $520.35.

Amount of Analyst Coverage

Lockheed Martin has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 7.76%

Earnings Growth

Earnings for Lockheed Martin are expected to grow by 7.76% in the coming year, from $29.88 to $32.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lockheed Martin is 18.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.59.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lockheed Martin is 18.53, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 61.45.

Price to Earnings Growth Ratio

Lockheed Martin has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Lockheed Martin has a P/B Ratio of 16.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.99% of the float of Lockheed Martin has been sold short.

Short Interest Ratio / Days to Cover

Lockheed Martin has a short interest ratio ("days to cover") of 1.18, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lockheed Martin has recently decreased by 8.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Lockheed Martin pays a meaningful dividend of 2.65%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Lockheed Martin has been increasing its dividend for 22 years.

Dividend Coverage

The dividend payout ratio of Lockheed Martin is 66.83%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lockheed Martin will have a dividend payout ratio of 42.86% next year. This indicates that Lockheed Martin will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: 0.86

News Sentiment

Lockheed Martin has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 46 news articles for Lockheed Martin this week, compared to 14 articles on an average week.

Search Interest

170 people have searched for LMT on MarketBeat in the last 30 days. This is an increase of 118% compared to the previous 30 days.

MarketBeat Follows

87 people have added Lockheed Martin to their MarketBeat watchlist in the last 30 days. This is an increase of 278% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lockheed Martin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,660.00 in company stock.

Percentage Held by Insiders

0.13% of the stock of Lockheed Martin is held by insiders.

Percentage Held by Institutions

74.19% of the stock of Lockheed Martin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 3/27 Dividend: 3/02/2026
• Ex-Dividend for 3/27 Dividend: 3/02/2026
• Dividend Payable: 3/27/2026
• Last Earnings: 4/23/2026
• Today: 5/13/2026
• Record date for 6/26 Dividend: 6/01/2026
• Ex-Dividend for 6/26 Dividend: 6/01/2026
• Dividend Payable: 6/26/2026
• Next Earnings (Estimated): 7/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: AEROSP/DEFENSE
• Sub-Industry: Aerospace & Defense
• Current Symbol: NYSE:LMT
• CIK: 936468
• Web: www.lockheedmartin.com
• Phone: (301) 897-6000
• Fax: 301-897-6919
• Employees: 123,000
• Year Founded: 1912

Price Target and Rating

• Average Price Target for Lockheed Martin: $628.63
• High Price Target: $735.00
• Low Price Target: $460.00
• Potential Upside/Downside: +20.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $20.65
• Trailing P/E Ratio: 25.20
• Forward P/E Ratio: 17.41
• P/E Growth: 0.94
• Net Income: $5.02 billion
• Net Margins: 6.38%
• Pretax Margin: 7.54%
• Return on Equity: 101.64%
• Return on Assets: 10.98%

Debt

• Debt-to-Equity Ratio: 2.74
• Current Ratio: 1.14
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $75.05 billion
• Price / Sales: 1.60
• Cash Flow: $36.24 per share
• Price / Cash Flow: 14.36
• Book Value: $32.48 per share
• Price / Book: 16.02

Miscellaneous

• Outstanding Shares: 230,560,000
• Free Float: 230,264,000
• Market Cap: $119.97 billion
• Optionable: Optionable
• Beta: 0.10