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 (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
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Industry, Sector and Symbol
Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
Phone301-897-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$53.76 billion
Profitability
Miscellaneous
Employees105,000
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable
Lockheed Martin (NYSE:LMT) Frequently Asked Questions
What is Lockheed Martin's stock symbol?
Lockheed Martin trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."
How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?
Lockheed Martin declared a quarterly dividend on Thursday, June 27th. Investors of record on Tuesday, September 3rd will be given a dividend of $2.20 per share on Friday, September 27th. This represents a $8.80 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Friday, August 30th. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin declared that its board has initiated a stock repurchase plan on Thursday, September 27th 2018, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) posted its earnings results on Tuesday, July, 23rd. The aerospace company reported $5.00 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $4.74 by $0.26. The aerospace company earned $14.42 billion during the quarter, compared to analyst estimates of $14.17 billion. Lockheed Martin had a return on equity of 297.37% and a net margin of 10.18%. Lockheed Martin's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.31 earnings per share. View Lockheed Martin's Earnings History.
When is Lockheed Martin's next earnings date?
What guidance has Lockheed Martin issued on next quarter's earnings?
Lockheed Martin updated its FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share guidance of $20.85-21.15 for the period, compared to the Thomson Reuters consensus estimate of $20.53. The company issued revenue guidance of $58.25-59.75 billion, compared to the consensus revenue estimate of $57.77 billion.
What price target have analysts set for LMT?
15 brokerages have issued 12-month price objectives for Lockheed Martin's stock. Their predictions range from $313.00 to $420.00. On average, they anticipate Lockheed Martin's stock price to reach $367.4615 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Lockheed Martin.
What is the consensus analysts' recommendation for Lockheed Martin?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lockheed Martin.
Has Lockheed Martin been receiving favorable news coverage?
Headlines about LMT stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lockheed Martin earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the aerospace company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Lockheed Martin.
Are investors shorting Lockheed Martin?
Lockheed Martin saw a increase in short interest in August. As of August 31st, there was short interest totalling 2,468,400 shares, an increase of 5.6% from the July 31st total of 2,338,500 shares. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.9% of the shares of the stock are sold short. View Lockheed Martin's Current Options Chain.
Who are some of Lockheed Martin's key competitors?
Some companies that are related to Lockheed Martin include Boeing (BA), Airbus (EADSY), SAFRAN/ADR (SAFRY), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), L3Harris (LHX), TransDigm Group (TDG), BAE SYS PLC/S (BAESY), Rolls-Royce (RYCEY), Heico (HEI), MTU AERO ENGINE/ADR (MTUAY), Heico (HEI.A), Leidos (LDOS) and Textron (TXT).
What other stocks do shareholders of Lockheed Martin own?
Who are Lockheed Martin's key executives?
Lockheed Martin's management team includes the folowing people:
- Ms. Marillyn A. Hewson, Chairman, Pres & CEO (Age 65)
- Mr. Dale P. Bennett, Exec. VP of Rotary & Mission Systems (Age 62)
- Mr. Richard H. Edwards, Exec. VP of International (Age 62)
- Mr. Richard F. Ambrose, Exec. VP of Space (Age 60)
- Mr. Frank A. St. John, Exec. VP of Missiles & Fire Control Bus. (Age 52)
Who are Lockheed Martin's major shareholders?
Lockheed Martin's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.66%), BlackRock Inc. (6.30%), BlackRock Inc. (6.30%), Morgan Stanley (1.15%), Northern Trust Corp (1.12%) and Invesco Ltd. (0.93%). Company insiders that own Lockheed Martin stock include Brian P Colan, Bruce L Tanner, Dale P Bennett, Daniel F Akerson, 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.
Which major investors are selling Lockheed Martin stock?
LMT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC, Prudential PLC, Bank of Montreal Can, Janus Henderson Group PLC, Janus Henderson Group PLC and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, Bruce L Tanner, 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.
Which major investors are buying Lockheed Martin stock?
LMT stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Suvretta Capital Management LLC, Prudential Financial Inc., Bahl & Gaynor Inc., Marshall Wace North America L.P. and JPMorgan Chase & Co.. Company insiders that have bought Lockheed Martin stock in the last two years include Daniel F Akerson, Ilene S Gordon and James D Taiclet Jr. View Insider Buying and Selling for Lockheed Martin.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Lockheed Martin's stock price today?
One share of LMT stock can currently be purchased for approximately $384.86.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $108.68 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.
What is Lockheed Martin's official website?
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]
MarketBeat Community Rating for Lockheed Martin (NYSE LMT)
MarketBeat's community ratings are surveys of what our community members think about Lockheed Martin and other stocks. Vote "Outperform" if you believe LMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
