Lockheed Martin - LMT Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 2 sell ratings, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research 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.
View LMT analyst ratings or view top-rated stocks.

11 brokerages have issued 1-year target prices for Lockheed Martin's shares. Their LMT share price forecasts range from $384.00 to $525.00. On average, they expect the company's share price to reach $466.92 in the next year. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for LMT or view top-rated stocks among Wall Street analysts.

Lockheed Martin's stock was trading at $355.41 at the start of the year. Since then, LMT stock has increased by 35.5% and is now trading at $481.57.
View the best growth stocks for 2022 here.

Lockheed Martin saw a increase in short interest in November. As of November 15th, there was short interest totaling 3,530,000 shares, an increase of 29.3% from the October 31st total of 2,730,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.4% of the company's stock are short sold.
View Lockheed Martin's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our LMT earnings forecast.

Lockheed Martin Co. (NYSE:LMT) released its quarterly earnings data on Tuesday, October, 18th. The aerospace company reported $6.87 EPS for the quarter, topping analysts' consensus estimates of $6.60 by $0.27. The aerospace company earned $16.58 billion during the quarter, compared to the consensus estimate of $16.69 billion. Lockheed Martin had a net margin of 9.07% and a trailing twelve-month return on equity of 65.16%. The firm's revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.66 earnings per share.
Read the conference call transcript.

Lockheed Martin declared a quarterly dividend on Friday, September 30th. Shareholders of record on Thursday, December 1st will be paid a dividend of $3.00 per share on Friday, December 30th. This represents a $12.00 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Wednesday, November 30th. This is an increase 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 $12.00 per share and currently has a dividend yield of 2.45%. 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 55.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 43.75% 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 initiated a share repurchase 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 buy up to 5.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Lockheed Martin issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of $21.55-$21.55 for the period, compared to the consensus earnings per share estimate of $21.67. The company issued revenue guidance of $65.25 billion-$65.25 billion, compared to the consensus revenue estimate of $65.29 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 State Street Corp (14.67%), Vanguard Group Inc. (8.73%), BlackRock Inc. (6.57%), Bank of New York Mellon Corp (1.02%), Royal Bank of Canada (0.80%) and California Public Employees Retirement System (0.44%). 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.
Compare Top Brokerages Here.

One share of LMT stock can currently be purchased for approximately $481.57.

Lockheed Martin (NYSE:LMT) has a market capitalization of $126.21 billion and generates $67.04 billion in revenue each year. The aerospace company earns $6.32 billion in net income (profit) each year or $21.78 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.