NYSE:LMT

Lockheed Martin Stock Forecast, Price & News

$377.35
-5.13 (-1.34 %)
(As of 06/23/2021 03:59 PM ET)
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Today's Range
$377.26
$382.48
50-Day Range
$371.98
$394.10
52-Week Range
$319.81
$402.38
Volume52,676 shs
Average Volume1.66 million shs
Market Capitalization$104.88 billion
P/E Ratio15.23
Dividend Yield2.72%
Beta0.99
30 days | 90 days | 365 days | Advanced Chart
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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. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; the Littoral combat ship; simulation and training services; and unmanned systems and technologies. It also supports government customers in cybersecurity; and delivers communications, and command and control capabilities through mission solutions for defense applications. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

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MarketRank

Overall MarketRank

2.24 out of 5 stars

Aerospace Sector

7th out of 77 stocks

Guided Missiles & Space Vehicles & Parts Industry

1st out of 8 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Lockheed Martin (NYSE:LMT) Frequently Asked Questions

Is Lockheed Martin a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lockheed Martin stock.
View analyst ratings for Lockheed Martin
or view top-rated stocks.

What stocks does MarketBeat like better than Lockheed Martin?

Wall Street analysts have given Lockheed Martin a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lockheed Martin wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Lockheed Martin's next earnings date?

Lockheed Martin is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Lockheed Martin
.

How were Lockheed Martin's earnings last quarter?

Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings results on Monday, April, 19th. The aerospace company reported $6.56 EPS for the quarter, beating the Zacks' consensus estimate of $6.32 by $0.24. The aerospace company earned $16.26 billion during the quarter, compared to analyst estimates of $16.42 billion. Lockheed Martin had a trailing twelve-month return on equity of 134.40% and a net margin of 10.53%. The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $6.08 EPS.
View Lockheed Martin's earnings history
.

How has Lockheed Martin's stock price been impacted by Coronavirus (COVID-19)?

Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LMT stock has increased by 6.1% and is now trading at $378.72.
View which stocks have been most impacted by COVID-19
.

How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?

Lockheed Martin declared a quarterly dividend on Wednesday, April 21st. Investors of record on Tuesday, June 1st will be given a dividend of $2.60 per share on Friday, June 25th. This represents a $10.40 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Friday, May 28th.
View Lockheed Martin's dividend history
.

Is Lockheed Martin a good dividend stock?

Lockheed Martin pays an annual dividend of $10.40 per share and currently has a dividend yield of 2.72%. Lockheed Martin has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lockheed Martin is 41.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lockheed Martin will have a dividend payout ratio of 37.29% next year. This indicates that Lockheed Martin will be able to sustain or increase its dividend.
View Lockheed Martin's dividend history.

How will Lockheed Martin's stock buyback program work?

Lockheed Martin announced that its Board of Directors has approved a stock buyback plan on Thursday, September 26th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

What guidance has Lockheed Martin issued on next quarter's earnings?

Lockheed Martin updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of 26.400-26.700 for the period, compared to the Thomson Reuters consensus estimate of $26.310. The company issued revenue guidance of $67.30 billion-$68.70 billion, compared to the consensus revenue estimate of $68.17 billion.

What price target have analysts set for LMT?

9 brokers have issued 1-year price objectives for Lockheed Martin's shares. Their forecasts range from $334.00 to $500.00. On average, they anticipate Lockheed Martin's stock price to reach $414.75 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts' price targets for Lockheed Martin
or view top-rated stocks among Wall Street analysts.

Who are Lockheed Martin's key executives?

Lockheed Martin's management team includes the following people:
  • Mr. James D. Taiclet Jr., Chairman, Pres & CEO (Age 60, Pay $5.52M)
  • Mr. Kenneth R. Possenriede, Chief Financial Officer (Age 60, Pay $3.51M)
  • Mr. Frank A. St. John, Chief Operating Officer (Age 54, Pay $4.57M)
  • Ms. Marillyn A. Hewson, Strategic Adviser to CEO (Age 67, Pay $13.24M)
  • Mr. Richard F. Ambrose, Exec. VP of Space (Age 62, Pay $4.31M)
  • Mr. Brian P. Colan, VP, Controller & Chief Accounting Officer (Age 60)
  • Mr. Rodney A. Makoske, Chief Engineer and Sr. VP of Engineering & Technology
  • Mr. Greg Gardner, VP of Investor Relations
  • Ms. Maryanne R. Lavan, Sr. VP, Gen. Counsel & Corp. Sec. (Age 62)
  • Mr. Dean Acosta, Sr. VP & Chief Communications Officer

What is James D. Taiclet's approval rating as Lockheed Martin's CEO?

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

Who are some of Lockheed Martin's key competitors?

What other stocks do shareholders of Lockheed Martin own?

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

What is Lockheed Martin's stock symbol?

Lockheed Martin trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."

Who are Lockheed Martin's major shareholders?

Lockheed Martin's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.86%), Geode Capital Management LLC (1.49%), Morgan Stanley (1.45%), Northern Trust Corp (0.99%), Massachusetts Financial Services Co. MA (0.96%) and Ameriprise Financial Inc. (0.95%). Company insiders that own Lockheed Martin stock include Brian P Colan, James D Taiclet Jr, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan, Michele A Evans and Richard F Ambrose.
View institutional ownership trends for Lockheed Martin
.

Which major investors are selling Lockheed Martin stock?

LMT stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, TD Asset Management Inc., BlackRock Inc., Massachusetts Financial Services Co. MA, Northern Trust Corp, Panagora Asset Management Inc., The PNC Financial Services Group Inc., and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold Lockheed Martin company stock in the last year include John Frank A St, Kenneth R Possenriede, Maryanne Lavan, and Richard F Ambrose.
View insider buying and selling activity for Lockheed Martin
or view top insider-selling stocks.

Which major investors are buying Lockheed Martin stock?

LMT stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Morgan Stanley, Price T Rowe Associates Inc. MD, Yacktman Asset Management LP, Capital Wealth Planning LLC, ARK Investment Management LLC, NFJ Investment Group LLC, and Hamlin Capital Management LLC.
View insider buying and selling activity for Lockheed Martin
or or view top insider-buying stocks.

How do I buy shares of Lockheed Martin?

Shares of LMT 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.
Compare Top Brokerages Here.

What is Lockheed Martin's stock price today?

One share of LMT stock can currently be purchased for approximately $378.72.

How much money does Lockheed Martin make?

Lockheed Martin has a market capitalization of $105.26 billion and generates $65.40 billion in revenue each year. The aerospace company earns $6.83 billion in net income (profit) each year or $24.84 on an earnings per share basis.

How many employees does Lockheed Martin have?

Lockheed Martin employs 114,000 workers across the globe.

When was Lockheed Martin founded?

Lockheed Martin was founded in 1995.

What is Lockheed Martin's official website?

The official website for Lockheed Martin is www.lockheedmartin.com.

Where are Lockheed Martin's headquarters?

Lockheed Martin is headquartered at 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817.

How can I contact Lockheed Martin?

Lockheed Martin's mailing address is 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817. The aerospace company can be reached via phone at 301-897-6000 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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