NYSE:LMTLockheed Martin Stock Price, Forecast & News

Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LMT shares have decreased by 1.1% and is now trading at $353.06. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lockheed Martin.

Lockheed Martin is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Lockheed Martin.

Lockheed Martin will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Lockheed Martin Co. (NYSE:LMT) announced its quarterly earnings data on Tuesday, April, 21st. The aerospace company reported $6.08 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $5.80 by $0.28. The aerospace company had revenue of $15.65 billion for the quarter, compared to the consensus estimate of $15.07 billion. Lockheed Martin had a net margin of 10.21% and a return on equity of 185.10%. The company's quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm earned $5.99 EPS. View Lockheed Martin's earnings history.

Lockheed Martin declared 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 2.72%. The ex-dividend date of this dividend is Monday, August 31st. View Lockheed Martin's dividend history.

Lockheed Martin announced that its board has approved a stock repurchase program on Thursday, September 26th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Lockheed Martin issued an update on its FY20 earnings guidance on Tuesday, April, 21st. The company provided earnings per share (EPS) guidance of $23.65-23.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $24.03. The company issued revenue guidance of $62.25-64.0 billion, compared to the consensus revenue estimate of $62.74 billion.

18 brokerages have issued 1 year target prices for Lockheed Martin's shares. Their forecasts range from $360.00 to $520.00. On average, they expect Lockheed Martin's stock price to reach $443.44 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Lockheed Martin.

News headlines about LMT stock have trended somewhat negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lockheed Martin earned a news impact score of -1.5 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Lockheed Martin.

Lockheed Martin saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,200,000 shares, a drop of 8.3% from the May 31st total of 2,400,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the shares of the stock are sold short. View Lockheed Martin's Current Options Chain.

Some companies that are related to Lockheed Martin include Boeing (BA), Honeywell International (HON), 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), Hexcel (HXL), Aerojet Rocketdyne (AJRD), Spirit AeroSystems (SPR) and Kratos Defense & Security Solutions (KTOS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Boeing (BA), Johnson & Johnson (JNJ), Walt Disney (DIS), NVIDIA (NVDA), Home Depot (HD), Alibaba Group (BABA), AT&T (T), Cisco Systems (CSCO), Intel (INTC) 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 shareholders include Confluence Investment Management LLC (0.12%), Envestnet Asset Management Inc. (0.09%), Harel Insurance Investments & Financial Services Ltd. (0.06%), Wedge Capital Management L L P NC (0.05%), MERIAN GLOBAL INVESTORS UK Ltd (0.04%) and Manning & Napier Group LLC (0.03%). 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 Hexavest Inc., 6 Meridian, IFM Investors Pty Ltd, Confluence Investment Management LLC, Dalton Greiner Hartman Maher & Co., Alpha Cubed Investments LLC, HNP Capital LLC, and Sound Income Strategies LLC. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan, and Michele A Evans. View insider buying and selling activity for Lockheed Martin.

LMT stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, MERIAN GLOBAL INVESTORS UK Ltd, Envestnet Asset Management Inc., Canandaigua National Corp, American National Bank, Platte River Wealth Advisors LLC, Lederer & Associates Investment Counsel CA, and Icon Wealth Partners 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 activity 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 $353.06.

Lockheed Martin has a market capitalization of $99.01 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.

The official website for Lockheed Martin is 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]