Lockheed Martin - LMT Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.
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9 brokerages have issued 1-year price targets for Lockheed Martin's stock. Their LMT share price forecasts range from $375.00 to $539.00. On average, they expect the company's share price to reach $460.73 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
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Lockheed Martin's stock was trading at $355.41 on January 1st, 2022. Since then, LMT shares have increased by 13.2% and is now trading at $402.49.
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Lockheed Martin saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,750,000 shares, an increase of 22.8% from the August 31st total of 2,240,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.0% of the shares of the stock are short sold.
View Lockheed Martin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our LMT earnings forecast.

Lockheed Martin Co. (NYSE:LMT) issued its quarterly earnings data on Tuesday, July, 19th. The aerospace company reported $6.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.29 by $0.03. The aerospace company earned $15.45 billion during the quarter, compared to analyst estimates of $16.02 billion. Lockheed Martin had a net margin of 7.33% and a trailing twelve-month return on equity of 69.02%. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned $7.13 earnings per share.
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Lockheed Martin announced a quarterly dividend on Friday, September 30th. Shareholders of record on Thursday, December 1st will be given a dividend of $3.00 per share on Friday, December 30th. This represents a $12.00 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Wednesday, November 30th. This is a boost from the stock's previous quarterly dividend of $2.80.
Read our dividend analysis for LMT.

Lockheed Martin (NYSE:LMT) pays an annual dividend of $11.20 per share and currently has a dividend yield of 2.80%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 64.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 39.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMT.

Lockheed Martin announced that its board has authorized a stock buyback program on Thursday, September 23rd 2021, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Lockheed Martin issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $21.55-$21.55 for the period, compared to the consensus EPS estimate of $26.85. The company issued revenue guidance of $65.25 billion-$65.25 billion, compared to the consensus revenue estimate of $65.98 billion.

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

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

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

Lockheed Martin's stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.13%), Lynch & Associates IN (0.01%), AdvisorNet Financial Inc (0.00%), Bowling Portfolio Management LLC (0.00%), Park National Corp OH (0.00%) and Csenge Advisory Group (0.00%). Insiders that own company stock include Brian P Colan, Brian P Colan, Gregory M Ulmer, John Donovan, John Frank A St, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan, Michele A Evans, Richard F Ambrose, Richard F Ambrose and Stephanie C Hill.
View institutional ownership trends.

Shares of LMT stock 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.
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One share of LMT stock can currently be purchased for approximately $402.49.

Lockheed Martin (NYSE:LMT) has a market capitalization of $106.72 billion and generates $67.04 billion in revenue each year. The aerospace company earns $6.32 billion in net income (profit) each year or $17.28 on an earnings per share basis.

The company employs 114,000 workers across the globe.

Lockheed Martin's mailing address is 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817. The official website for the company is www.lockheedmartin.com. The aerospace company can be reached via phone at (301) 897-6000, via email at greg.m.gardner@lmco.com, or via fax at 301-897-6919.