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 shares. Their LMT share price forecasts range from $375.00 to $539.00. On average, they anticipate the company's share price to reach $460.73 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
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Lockheed Martin's stock was trading at $355.41 at the start of the year. Since then, LMT shares have increased by 14.3% and is now trading at $406.11.
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Lockheed Martin saw a increase in short interest during the month of 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 volume of 1,180,000 shares, the short-interest ratio is currently 2.3 days. Approximately 1.0% of the shares of the company are sold short.
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) posted its quarterly earnings data on Tuesday, July, 19th. The aerospace company reported $6.32 earnings per share for the quarter, beating the consensus estimate of $6.29 by $0.03. The aerospace company had revenue of $15.45 billion for the quarter, compared to analysts' expectations of $16.02 billion. Lockheed Martin had a net margin of 7.33% and a trailing twelve-month return on equity of 69.02%. Lockheed Martin's revenue was down 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $7.13 earnings per share.
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Lockheed Martin declared a quarterly dividend on Friday, September 30th. Investors 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 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend 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 declared that its board has approved a share buyback plan on Thursday, September 23rd 2021, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 5.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Lockheed Martin updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of $21.55-$21.55 for the period, compared to the consensus earnings per share 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 a number of institutional and retail 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 $406.11.

Lockheed Martin (NYSE:LMT) has a market capitalization of $107.68 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.