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$59.81 billion
Profitability
Miscellaneous
Employees110,000
Next Earnings Date4/28/2020 (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 announced a quarterly dividend on Friday, January 24th. Shareholders of record on Monday, March 2nd will be paid a dividend of $2.40 per share on Friday, March 27th. This represents a $9.60 annualized dividend and a yield of 2.19%. The ex-dividend date is Friday, February 28th. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin declared that its board has authorized a share repurchase 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 buy up to 1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) announced its earnings results on Tuesday, January, 28th. The aerospace company reported $5.29 earnings per share for the quarter, topping analysts' consensus estimates of $5.03 by $0.26. The aerospace company earned $15.88 billion during the quarter, compared to analysts' expectations of $15.28 billion. Lockheed Martin had a return on equity of 198.95% and a net margin of 10.42%. The company's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.39 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 FY20 earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of $23.65-23.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $24.16. The company issued revenue guidance of $62.75-64.25 billion, compared to the consensus revenue estimate of $62.56 billion.
What price target have analysts set for LMT?
15 analysts have issued 12 month price targets for Lockheed Martin's stock. Their forecasts range from $360.00 to $520.00. On average, they expect Lockheed Martin's stock price to reach $447.43 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. 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 and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lockheed Martin.
Has Lockheed Martin been receiving favorable news coverage?
News articles about LMT stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lockheed Martin earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect 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 drop in short interest during the month of January. As of January 31st, there was short interest totalling 4,020,000 shares, a drop of 6.5% from the January 15th total of 4,300,000 shares. Based on an average daily trading volume, of 1,070,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.4% of the shares of the stock are short sold. 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), 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), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Curtiss-Wright (CW) and Hexcel (HXL).
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 a variety of of institutional and retail investors. Top institutional investors include State Street Corp (15.36%), Massachusetts Financial Services Co. MA (0.99%), FMR LLC (0.85%), Charles Schwab Investment Management Inc. (0.74%), Bank of New York Mellon Corp (0.73%) and Johanson Financial Advisors Inc. (0.49%). 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.
Which institutional investors are selling Lockheed Martin stock?
LMT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Bessemer Group Inc., Prudential Financial Inc., Chevy Chase Trust Holdings Inc., Massachusetts Financial Services Co. MA, Virginia Retirement Systems ET AL and Artemis Investment Management LLP. 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 and Michele A Evans. View Insider Buying and Selling for Lockheed Martin.
Which institutional investors are buying Lockheed Martin stock?
LMT stock was bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., GQG Partners LLC, First Trust Advisors LP, Renaissance Technologies LLC, NorthRock Partners LLC, AQR Capital Management LLC, Harel Insurance Investments & Financial Services Ltd. and Ladenburg Thalmann Financial Services Inc.. 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.
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 $437.85.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $123.45 billion and generates $59.81 billion in revenue each year. The aerospace company earns $6.23 billion in net income (profit) each year or $21.95 on an earnings per share basis. Lockheed Martin employs 110,000 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.
