NYSE:LMT Lockheed Martin Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lockheed Martin Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $395.14 -0.80 (-0.20 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$394.15Now: $395.14▼$399.0050-Day Range$377.10MA: $388.38▼$398.0752-Week Range$266.11Now: $395.14▼$442.53Volume2.64 million shsAverage Volume1.54 million shsMarket Capitalization$110.46 billionP/E Ratio17.32Dividend Yield2.42%Beta0.93 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. The MFC 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 RMS 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 ships; 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 provides satellites, strategic and defensive missile systems, and space transportation systems; and classified systems and services in support of national security systems. This segment also offers network-enabled situational awareness services; 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 1995 and is headquartered in Bethesda, Maryland.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingLockheed Martin has received a consensus rating of Buy. The company's average rating score is 2.72, and is based on 13 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $448.33, Lockheed Martin has a forecasted upside of 13.5% from its current price of $395.14.Amount of Analyst CoverageLockheed Martin has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesLockheed Martin has received 702 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLockheed Martin has received 919 “underperform” votes. (Add your “underperform” vote.)Community SentimentLockheed Martin has received 56.69% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend YieldLockheed Martin pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLockheed Martin has been increasing its dividend for 17 years.Dividend CoverageThe dividend payout ratio of Lockheed Martin is 43.74%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lockheed Martin will have a dividend payout ratio of 35.79% next year. This indicates that Lockheed Martin will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lockheed Martin insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.17% of the stock of Lockheed Martin is held by insiders.Percentage Held by Institutions77.56% of the stock of Lockheed Martin is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lockheed Martin are expected to grow by 9.38% in the coming year, from $24.52 to $26.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lockheed Martin is 17.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Lockheed Martin is 17.32, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 34.72.Price to Earnings Growth RatioLockheed Martin has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLockheed Martin has a P/B Ratio of 35.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.32 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Guided missiles & space vehicles & parts Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNYSE:LMT Previous Symbol CUSIP53983010 CIK936468 Webwww.lockheedmartin.com Phone301-897-6000Debt Debt-to-Equity Ratio3.22 Current Ratio1.31 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio17.32 Forward P/E Ratio16.12 P/E Growth2.29 Sales & Book Value Annual Sales$59.81 billion Price / Sales1.85 Cash Flow$26.68 per share Price / Cash Flow14.81 Book Value$11.24 per share Price / Book35.15Profitability EPS (Most Recent Fiscal Year)$21.95 Net Income$6.23 billion Net Margins10.25% Return on Equity182.05% Return on Assets13.38%Miscellaneous Employees110,000 Outstanding Shares279,542,000Market Cap$110.46 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $395.14 -0.80 (-0.20 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LMT News and Ratings via Email Sign-up to receive the latest news and ratings for LMT and its competitors with MarketBeat's FREE daily newsletter. Lockheed Martin (NYSE:LMT) Frequently Asked Questions How has Lockheed Martin's stock been impacted by Coronavirus? Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LMT shares have increased by 10.7% and is now trading at $395.14. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Lockheed Martin? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lockheed Martin. When is Lockheed Martin's next earnings date? Lockheed Martin is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Lockheed Martin. How were Lockheed Martin's earnings last quarter? Lockheed Martin Co. (NYSE:LMT) issued its earnings results on Tuesday, July, 21st. The aerospace company reported $5.79 EPS for the quarter, beating the Zacks' consensus estimate of $5.72 by $0.07. The aerospace company earned $16.22 billion during the quarter, compared to analyst estimates of $15.19 billion. Lockheed Martin had a return on equity of 182.05% and a net margin of 10.25%. Lockheed Martin's revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business earned $5.00 earnings per share. View Lockheed Martin's earnings history. How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin? Lockheed Martin announced a quarterly dividend on Thursday, June 25th. Investors of record on Tuesday, September 1st will be paid a dividend of $2.40 per share on Friday, September 25th. This represents a $9.60 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Monday, August 31st. View Lockheed Martin's dividend history. How will Lockheed Martin's stock buyback program work? Lockheed Martin declared that its Board of Directors has initiated a share buyback plan 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 plans are generally an indication that the company's board of directors believes its shares are undervalued. What guidance has Lockheed Martin issued on next quarter's earnings? Lockheed Martin issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, July, 21st. The company provided earnings per share (EPS) guidance of 23.75-24.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $24.17. The company issued revenue guidance of $63.5-65 billion, compared to the consensus revenue estimate of $63.45 billion. What price target have analysts set for LMT? 18 analysts have issued 1-year price targets for Lockheed Martin's stock. Their forecasts range from $360.00 to $520.00. On average, they anticipate Lockheed Martin's stock price to reach $448.33 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price. View analysts' price targets for Lockheed Martin. Who are some of Lockheed Martin's key competitors? Some companies that are related to Lockheed Martin include Honeywell International (HON), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD), Hexcel (HXL), Kratos Defense & Security Solutions (KTOS) and Spirit AeroSystems (SPR). View all 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 Boeing (BA), Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM). Who are Lockheed Martin's key executives? Lockheed Martin's management team includes the following 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) 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 Vanguard Group Inc. (7.96%), BlackRock Inc. (6.08%), Bank of America Corp DE (3.23%), FMR LLC (1.21%), Bank of New York Mellon Corp (0.84%) and Charles Schwab Investment Management Inc. (0.82%). 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 major investors are selling Lockheed Martin stock? LMT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Charles Schwab Investment Management Inc., Vanguard Group Inc., Toronto Dominion Bank, CIBC Private Wealth Group LLC, State of Tennessee Treasury Department, Bank of Nova Scotia, and Nuveen Asset Management LLC. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, John Frank A St, Marillyn A Hewson, Maryanne Lavan, and Michele A Evans. View insider buying and selling activity for Lockheed Martin. Which major investors are buying Lockheed Martin stock? LMT stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Bank of America Corp DE, Two Sigma Advisers LP, Bank of New York Mellon Corp, GQG Partners LLC, Glenmede Trust Co. NA, Wedge Capital Management L L P NC, and Marshall Wace North America L.P.. 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 activity 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 $395.14. How big of a company is Lockheed Martin? Lockheed Martin has a market capitalization of $110.46 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. What is Lockheed Martin's official website? The official website for Lockheed Martin is www.lockheedmartin.com. 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 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
