Northrop Grumman (NOC) Projected to Post Earnings on Tuesday

Key Points

• Northrop Grumman will report Q1 2026 results before the market opens on April 21, 2026; analysts expect $6.03 EPS and $9.7467 billion in revenue, and the company has set FY2026 guidance of 27.40–27.90 EPS.
• In the prior quarter NOC beat estimates with $7.23 EPS on $11.71 billion in revenue (revenue +9.6% YoY); the stock trades near $681 with a market cap of about $96.8B and pays a $2.31 quarterly dividend (≈1.4% yield).
• Strategic and sentiment drivers include acceleration of the Sentinel ICBM program and a Cygnus XL space mission that boost multi‑year revenue visibility, while multiple analysts have raised targets and the consensus rating is a Moderate Buy.

Northrop Grumman (NYSE:NOC - Get Free Report) is projected to release its Q1 2026 results before the market opens on Tuesday, April 21st. Analysts expect Northrop Grumman to post earnings of $6.03 per share and revenue of $9.7467 billion for the quarter. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Tuesday, April 21, 2026 at 9:30 AM ET.

Northrop Grumman (NYSE:NOC - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, beating the consensus estimate of $6.97 by $0.26. The business had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The firm's quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.39 EPS. On average, analysts expect Northrop Grumman to post $28 EPS for the current fiscal year and $29 EPS for the next fiscal year.

Northrop Grumman Stock Up 1.1%

Shares of NYSE:NOC opened at $681.40 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10. The company has a market cap of $96.78 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 4.77 and a beta of 0.04. Northrop Grumman has a 52 week low of $450.13 and a 52 week high of $774.00. The firm has a 50 day simple moving average of $710.32 and a 200 day simple moving average of $636.82.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were given a $2.31 dividend. This represents a $9.24 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Monday, February 23rd. Northrop Grumman's dividend payout ratio is 31.72%.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the sale, the vice president owned 151 shares in the company, valued at $108,661.11. This represents a 93.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company's stock, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,431 shares of company stock worth $15,924,404 in the last quarter. 0.23% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Northrop Grumman

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC lifted its position in Northrop Grumman by 0.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 6,252 shares of the aerospace company's stock worth $3,565,000 after buying an additional 18 shares in the last quarter. FIL Ltd increased its stake in shares of Northrop Grumman by 1.9% during the 4th quarter. FIL Ltd now owns 1,037 shares of the aerospace company's stock worth $591,000 after purchasing an additional 19 shares during the last quarter. Kirtland Hills Capital Management LLC increased its stake in shares of Northrop Grumman by 1.2% during the 4th quarter. Kirtland Hills Capital Management LLC now owns 1,626 shares of the aerospace company's stock worth $927,000 after purchasing an additional 19 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in shares of Northrop Grumman by 1.1% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,972 shares of the aerospace company's stock worth $1,201,000 after purchasing an additional 21 shares during the last quarter. Finally, Nicolet Advisory Services LLC increased its stake in shares of Northrop Grumman by 6.5% during the 4th quarter. Nicolet Advisory Services LLC now owns 360 shares of the aerospace company's stock worth $227,000 after purchasing an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 83.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Citigroup upped their price target on shares of Northrop Grumman from $781.00 to $807.00 and gave the company a "buy" rating in a research report on Thursday, April 2nd. UBS Group upped their price target on shares of Northrop Grumman from $777.00 to $778.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $765.00 price target on shares of Northrop Grumman in a research report on Thursday, January 29th. Susquehanna restated a "positive" rating and issued a $752.00 price target on shares of Northrop Grumman in a research report on Thursday, January 15th. Finally, Wells Fargo & Company assumed coverage on shares of Northrop Grumman in a research report on Wednesday, April 1st. They issued an "overweight" rating and a $800.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of "Moderate Buy" and a consensus price target of $719.58.

Key Northrop Grumman News

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Sentinel ICBM program acceleration — Northrop and the U.S. Air Force say Sentinel development is advancing toward a 2027 first flight and initial capability in the early 2030s; this improves program momentum, schedule visibility and long‑term revenue visibility for NOC. Northrop Grumman, U.S. Air Force advance Sentinel ICBM program toward 2027 test
• Positive Sentiment: Official release/coverage amplifies the same Sentinel update (program testing, infrastructure prototyping, supply‑chain readiness) — reinforces contract execution and multi‑year revenue runway. Northrop Grumman and U.S. Air Force Accelerate Sentinel Program Momentum
• Positive Sentiment: Space ops win — Northrop launched a Cygnus XL cargo mission to the ISS, demonstrating recurring revenue from space logistics and reliability in NASA/commercial programs. Space services help diversify and steady revenue. Northrop Grumman launches Cygnus XL cargo mission to space station
• Positive Sentiment: Analyst sentiment & targets lifting — at least one published note raised NOC’s price target and recent coverage highlights a modest uplift to fair‑value estimates, supporting upside to the stock vs. prior models. Northrop Grumman NYSE: NOC Price Target Raised to $710.00
• Positive Sentiment: Earnings momentum — coverage from Zacks and others notes Northrop’s strong beat history and favorable setup for another earnings surprise, backed by solid Q1 results and FY‑2026 EPS guidance (27.40–27.90). Why Northrop Grumman (NOC) Could Beat Earnings Estimates Again
• Neutral Sentiment: Sector/geopolitical backdrop — recent geopolitical developments are lifting defense names broadly; this is a macro tailwind but not company‑specific. U.S. Military Adopts Siege Strategy. What It Means for Defense Stocks.
• Neutral Sentiment: Longer‑term TAM notes — industry reports highlight growth in precision navigation components (fiber‑optic gyroscopes) where Northrop participates; positive for addressable market but slower to impact near‑term revenue. Global Fiber Optic Gyroscope Market | Honeywell, Northrop Grumman...
• Negative Sentiment: Valuation caution — some analysis (e.g., Seeking Alpha piece) argues NOC isn’t cheap enough ahead of Q1 results, cautioning that upside could be limited if growth expectations slip. That could cap gains if investors rotate out. Northrop Grumman: Not Cheap Enough Before Q1'26

About Northrop Grumman

Northrop Grumman Corporation NYSE: NOC is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company's portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company's work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.