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

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 27.000-27.300 for the period, compared to the consensus EPS estimate of 27.910. The company issued revenue guidance of $73.8 billion-$74.8 billion, compared to the consensus revenue estimate of $74.1 billion.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LMT. Robert W. Baird raised their price target on Lockheed Martin from $519.00 to $626.00 in a research report on Tuesday, October 22nd. Morgan Stanley cut their target price on shares of Lockheed Martin from $555.00 to $525.00 and set an "equal weight" rating on the stock in a report on Wednesday. Citigroup decreased their price objective on shares of Lockheed Martin from $700.00 to $600.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft lowered shares of Lockheed Martin from a "buy" rating to a "hold" rating and dropped their target price for the stock from $611.00 to $523.00 in a report on Thursday, January 2nd. Finally, Truist Financial started coverage on Lockheed Martin in a research report on Tuesday, January 14th. They set a "buy" rating and a $579.00 price target for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $555.60.

Lockheed Martin Stock Performance

NYSE LMT traded up $2.90 during trading hours on Friday, hitting $462.55. The company's stock had a trading volume of 893,358 shares, compared to its average volume of 1,417,991. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.13 and a quick ratio of 1.12. The company has a market cap of $108.88 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 3.78 and a beta of 0.48. The company's 50 day simple moving average is $493.89 and its two-hundred day simple moving average is $536.43. Lockheed Martin has a 12 month low of $413.92 and a 12 month high of $618.95.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Tuesday, January 28th. The aerospace company reported $7.67 earnings per share for the quarter, beating analysts' consensus estimates of $6.58 by $1.09. Lockheed Martin had a net margin of 7.51% and a return on equity of 101.47%. As a group, sell-side analysts expect that Lockheed Martin will post 27.09 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a dividend of $3.30 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.85%. Lockheed Martin's dividend payout ratio is currently 59.30%.

About Lockheed Martin

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.