NYSE:LMT - Lockheed Martin Stock Price, Forecast & News

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

Lockheed Martin declared a quarterly dividend on Thursday, September 26th. Stockholders of record on Monday, December 2nd will be paid a dividend of $2.40 per share on Friday, December 27th. This represents a $9.60 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Friday, November 29th. This is a boost from Lockheed Martin's previous quarterly dividend of $2.20. View Lockheed Martin's Dividend History.

Lockheed Martin announced that its Board of Directors has authorized a share buyback program on Thursday, September 26th 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

Lockheed Martin Co. (NYSE:LMT) released its earnings results on Tuesday, October, 22nd. The aerospace company reported $5.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.02 by $0.64. The aerospace company earned $15.17 billion during the quarter, compared to the consensus estimate of $14.87 billion. Lockheed Martin had a return on equity of 221.59% and a net margin of 10.26%. The business's revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $5.14 EPS. View Lockheed Martin's Earnings History.

Lockheed Martin is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Lockheed Martin.

Lockheed Martin will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 Wall Street analysts have issued 1-year target prices for Lockheed Martin's stock. Their forecasts range from $313.00 to $470.00. On average, they anticipate Lockheed Martin's share price to reach $389.40 in the next year. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for Lockheed Martin.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lockheed Martin.

Media coverage about LMT stock has trended negative on Wednesday, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lockheed Martin earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Lockheed Martin.

Lockheed Martin saw a increase in short interest in December. As of December 31st, there was short interest totalling 4,300,000 shares, an increase of 12.9% from the December 15th total of 3,810,000 shares. Based on an average daily volume of 1,090,000 shares, the short-interest ratio is currently 3.9 days. Currently, 1.5% of the shares of the company are sold short. View Lockheed Martin's Current Options Chain.

Some companies that are related to Lockheed Martin include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Raytheon (RTN), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Spirit AeroSystems (SPR), Hexcel (HXL) and Curtiss-Wright (CW).

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

Lockheed Martin's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Johanson Financial Advisors Inc. (0.49%), KAMES CAPITAL plc (0.08%), Huntington National Bank (0.05%), Calamos Advisors LLC (0.04%), Janney Montgomery Scott LLC (0.04%) and Donaldson Capital Management LLC (0.04%). Company insiders that own Lockheed Martin stock include Brian P Colan, Bruce L Tanner, David B Burritt, Ilene S Gordon, 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.

LMT stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Tocqueville Asset Management L.P., Commerzbank Aktiengesellschaft FI, Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association, Calamos Advisors LLC, Abner Herrman & Brock LLC and Nisa Investment Advisors LLC. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, David B Burritt, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan, Michele A Evans and Richard F Ambrose. View Insider Buying and Selling for Lockheed Martin.

LMT stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Contravisory Investment Management Inc., Advisors Capital Management LLC, Manning & Napier Group LLC, Winmill & CO. Inc., Hoey Investments Inc., Alpha Cubed Investments LLC and Janney Montgomery Scott LLC. Company insiders that have bought Lockheed Martin stock in the last two years include Ilene S Gordon and James D Taiclet Jr. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LMT stock can currently be purchased for approximately $425.47.

Lockheed Martin has a market capitalization of $120.01 billion and generates $53.76 billion in revenue each year. The aerospace company earns $5.05 billion in net income (profit) each year or $17.85 on an earnings per share basis. Lockheed Martin employs 105,000 workers across the globe.View Additional Information About Lockheed Martin.

The official website for Lockheed Martin is http://www.lockheedmartin.com/.

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]