Lockheed Martin (LMT) Stock Price, News & Analysis

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.
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15 equities research analysts have issued twelve-month price objectives for Lockheed Martin's stock. Their LMT share price targets range from $332.00 to $550.00. On average, they expect the company's stock price to reach $484.07 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
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Lockheed Martin's stock was trading at $486.49 at the start of the year. Since then, LMT stock has decreased by 7.9% and is now trading at $448.02.
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Lockheed Martin saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 2,090,000 shares, an increase of 10.0% from the October 15th total of 1,900,000 shares. Based on an average trading volume of 1,280,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.8% of the shares of the stock are sold short.
View Lockheed Martin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our LMT earnings forecast.

Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings data on Tuesday, October, 17th. The aerospace company reported $6.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.67 by $0.10. The aerospace company earned $16.88 billion during the quarter, compared to analysts' expectations of $16.73 billion. Lockheed Martin had a trailing twelve-month return on equity of 75.46% and a net margin of 10.29%. The firm's revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $6.87 EPS.
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Lockheed Martin announced a quarterly dividend on Friday, October 6th. Shareholders of record on Friday, December 1st will be given a dividend of $3.15 per share on Friday, December 29th. This represents a $12.60 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from the stock's previous quarterly dividend of $3.00.
Read our dividend analysis for LMT.

Lockheed Martin (NYSE:LMT) pays an annual dividend of $12.60 per share and currently has a dividend yield of 2.82%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 46.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMT.

ETFs with the largest weight of Lockheed Martin (NYSE:LMT) stock in their portfolio include First Trust Indxx Aerospace & Defense ETF (MISL), VictoryShares Protect America ETF (SHLD), iShares U.S. Aerospace & Defense ETF (ITA), Invesco Aerospace & Defense ETF (PPA), Constrained Capital ESG Orphans ETF (ORFN), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL), SPDR S&P Aerospace & Defense ETF (XAR) and SPDR S&P Kensho Final Frontiers ETF (ROKT).

Lockheed Martin issued an update on its FY 2023 earnings guidance on Tuesday, October, 17th. The company provided EPS guidance of $27.00-$27.20 for the period, compared to the consensus earnings per share estimate of $27.15. The company issued revenue guidance of $66.25 billion-$66.75 billion, compared to the consensus revenue estimate of $66.66 billion.

147 employees have rated Lockheed Martin Chief Executive Officer James D. Taiclet on Glassdoor.com. James D. Taiclet has an approval rating of 92% among the company's employees. This puts James D. Taiclet in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Johnson & Johnson (JNJ), Boeing (BA), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM).

Lockheed Martin's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.29%), FMR LLC (2.15%), Morgan Stanley (2.04%), Wellington Management Group LLP (1.27%), Northern Trust Corp (0.96%) and Ameriprise Financial Inc. (0.89%). Insiders that own company stock include Brian P Colan, Gregory M Ulmer, John Donovan, John Frank A St, John Frank A St, Kenneth R Possenriede, Maryanne Lavan, Richard F Ambrose, Richard F Ambrose, Stephanie C Hill and Timothy S Cahill.
View institutional ownership trends.

Shares of LMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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