Analysts Issue Forecasts for Lockheed Martin Q1 Earnings

Key Points

• Zacks Research has decreased its Q1 2026 EPS estimate for Lockheed Martin from $7.02 to $7.00, while the consensus estimate for full-year earnings now stands at $27.15 per share.
• Lockheed Martin's stock has recently been the subject of various rating changes, with Baird R W upgrading to a "strong-buy," while others such as Cowen and Wall Street Zen downgraded the stock to a "hold" rating.
• The company declared a quarterly dividend of $3.30 per share, with an annualized yield of 3.1%, reinforcing its commitment to returning value to shareholders.

Lockheed Martin Corporation (NYSE:LMT - Free Report) - Analysts at Zacks Research cut their Q1 2026 earnings per share estimates for Lockheed Martin in a note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings of $7.00 per share for the quarter, down from their previous estimate of $7.02. The consensus estimate for Lockheed Martin's current full-year earnings is $27.15 per share. Zacks Research also issued estimates for Lockheed Martin's Q3 2026 earnings at $7.84 EPS, Q4 2026 earnings at $6.95 EPS, FY2026 earnings at $29.03 EPS, Q1 2027 earnings at $8.24 EPS and FY2027 earnings at $31.72 EPS.

Several other brokerages also recently issued reports on LMT. Wall Street Zen downgraded shares of Lockheed Martin from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. UBS Group lowered their price target on shares of Lockheed Martin from $498.00 to $453.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. Sanford C. Bernstein set a $551.00 price target on shares of Lockheed Martin and gave the stock a "market perform" rating in a report on Monday, July 14th. Cowen downgraded shares of Lockheed Martin from a "buy" rating to a "hold" rating in a report on Thursday, July 10th. Finally, TD Cowen reiterated a "hold" rating and set a $480.00 price target (down from $500.00) on shares of Lockheed Martin in a report on Thursday, July 10th. Fifteen analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $506.65.

Lockheed Martin Price Performance

Shares of NYSE:LMT traded up $0.46 during trading on Wednesday, hitting $437.78. 1,500,331 shares of the company were exchanged, compared to its average volume of 2,393,762. The business's 50 day moving average is $451.63 and its 200-day moving average is $456.74. The company has a market capitalization of $102.21 billion, a P/E ratio of 24.65, a price-to-earnings-growth ratio of 1.54 and a beta of 0.27. The company has a quick ratio of 0.83, a current ratio of 0.98 and a debt-to-equity ratio of 3.47. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $618.95.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The aerospace company reported $7.29 EPS for the quarter, beating the consensus estimate of $6.57 by $0.72. Lockheed Martin had a net margin of 5.85% and a return on equity of 107.60%. The business had revenue of $18.16 billion during the quarter, compared to the consensus estimate of $18.59 billion. During the same period in the previous year, the business earned $7.11 earnings per share. The company's revenue was up .2% on a year-over-year basis.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, September 2nd. Lockheed Martin's dividend payout ratio (DPR) is presently 74.32%.

Institutional Trading of Lockheed Martin

A number of large investors have recently bought and sold shares of the business. OMNI 360 Wealth Inc. grew its holdings in Lockheed Martin by 2.5% during the 1st quarter. OMNI 360 Wealth Inc. now owns 913 shares of the aerospace company's stock worth $408,000 after acquiring an additional 22 shares during the period. 49 Wealth Management LLC boosted its position in shares of Lockheed Martin by 3.4% during the 1st quarter. 49 Wealth Management LLC now owns 661 shares of the aerospace company's stock worth $295,000 after purchasing an additional 22 shares in the last quarter. Tyler Stone Wealth Management boosted its position in shares of Lockheed Martin by 3.3% during the 1st quarter. Tyler Stone Wealth Management now owns 684 shares of the aerospace company's stock worth $306,000 after purchasing an additional 22 shares in the last quarter. Investment Advisory Services Inc. TX ADV boosted its position in shares of Lockheed Martin by 4.7% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company's stock worth $225,000 after purchasing an additional 22 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. boosted its position in shares of Lockheed Martin by 4.5% during the 2nd quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company's stock worth $237,000 after purchasing an additional 22 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

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.