Lockheed Martin Q1 EPS Estimate Lowered by Zacks Research

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 reduced their Q1 2026 earnings estimates for shares of Lockheed Martin in a research note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now forecasts that the aerospace company will post earnings per share of $7.00 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.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The aerospace company reported $7.29 EPS for the quarter, topping analysts' consensus estimates 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 quarter in the previous year, the firm posted $7.11 EPS. The firm's revenue was up .2% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the stock. TD Cowen reissued a "hold" rating and set a $480.00 target price (down previously from $500.00) on shares of Lockheed Martin in a research report on Thursday, July 10th. Truist Financial lowered shares of Lockheed Martin from a "buy" rating to a "hold" rating and dropped their target price for the company from $554.00 to $440.00 in a research 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 research report on Monday, July 14th. Cowen downgraded shares of Lockheed Martin from a "buy" rating to a "hold" rating in a research note on Thursday, July 10th. Finally, Robert W. Baird reduced their price target on shares of Lockheed Martin from $540.00 to $500.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Fifteen investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $506.65.

Lockheed Martin Trading Up 0.1%

LMT stock traded up $0.46 during mid-day trading on Wednesday, reaching $437.78. The company had a trading volume of 1,500,331 shares, compared to its average volume of 2,393,762. The firm has a 50 day moving average of $451.63 and a 200 day moving average of $456.74. Lockheed Martin has a 12 month low of $410.11 and a 12 month high of $618.95. The company has a market capitalization of $102.20 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 1.54 and a beta of 0.27. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.98 and a quick ratio of 0.83.

Institutional Trading of Lockheed Martin

Several hedge funds and other institutional investors have recently made changes to their positions in LMT. Tower Research Capital LLC TRC raised its position in Lockheed Martin by 88.0% during the second quarter. Tower Research Capital LLC TRC now owns 5,598 shares of the aerospace company's stock worth $2,593,000 after acquiring an additional 2,621 shares during the last quarter. MUFG Securities EMEA plc raised its position in Lockheed Martin by 728.2% during the second quarter. MUFG Securities EMEA plc now owns 82,817 shares of the aerospace company's stock worth $38,356,000 after acquiring an additional 72,817 shares during the last quarter. U S Wealth Group LLC. raised its position in Lockheed Martin by 8.2% during the second quarter. U S Wealth Group LLC. now owns 4,546 shares of the aerospace company's stock worth $2,105,000 after acquiring an additional 345 shares during the last quarter. Semmax Financial Advisors Inc. raised its position in Lockheed Martin by 13.1% during the second quarter. Semmax Financial Advisors Inc. now owns 302 shares of the aerospace company's stock worth $129,000 after acquiring an additional 35 shares during the last quarter. Finally, Fairfield Bush & CO. raised its position in Lockheed Martin by 8.7% during the second quarter. Fairfield Bush & CO. now owns 1,908 shares of the aerospace company's stock worth $883,000 after acquiring an additional 153 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company's stock.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, September 2nd will be paid a $3.30 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $13.20 annualized dividend and a dividend yield of 3.0%. Lockheed Martin's dividend payout ratio (DPR) is 74.32%.

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.