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 ship; 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 1909 and is based in Bethesda, Maryland.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:LMT
CUSIP53983010
Phone301-897-6000
Debt
Debt-to-Equity Ratio-121.38
Current Ratio1.27
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio24.20
Forward P/E Ratio20.01
P/E Growth2.73
Sales & Book Value
Annual Sales$51.05 billion
Price / Sales1.80
Cash Flow$17.5681 per share
Price / Cash18.36
Book Value($2.12) per share
Price / Book-152.15
Profitability
EPS (Most Recent Fiscal Year)$13.33
Net Income$2.00 billion
Net Margins4.64%
Return on Equity608.95%
Return on Assets8.95%
Miscellaneous
Employees100,000
Outstanding Shares285,530,000
Market Cap$92,097.38
Lockheed Martin (NYSE:LMT) Frequently Asked Questions
What is Lockheed Martin's stock symbol?
Lockheed Martin trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."
How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?
Lockheed Martin announced a quarterly dividend on Thursday, June 28th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $2.00 per share on Friday, September 28th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, August 31st. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin announced that its Board of Directors has authorized a share repurchase program on Friday, September 29th 2017, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) released its quarterly earnings results on Tuesday, April, 24th. The aerospace company reported $4.02 earnings per share for the quarter, topping analysts' consensus estimates of $3.35 by $0.67. The aerospace company earned $11.64 billion during the quarter, compared to analysts' expectations of $11.25 billion. Lockheed Martin had a return on equity of 608.95% and a net margin of 4.64%. The company's quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.00 earnings per share. View Lockheed Martin's Earnings History.
When is Lockheed Martin's next earnings date?
What guidance has Lockheed Martin issued on next quarter's earnings?
Lockheed Martin updated its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share guidance of $15.80-16.10 for the period, compared to the Thomson Reuters consensus estimate of $15.56. The company issued revenue guidance of $50.35-51.85 billion, compared to the consensus revenue estimate of $51.03 billion.
What price target have analysts set for LMT?
15 brokerages have issued 1 year target prices for Lockheed Martin's stock. Their predictions range from $335.00 to $410.00. On average, they anticipate Lockheed Martin's share price to reach $372.60 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Ratings for Lockheed Martin.
What is the consensus analysts' recommendation for Lockheed Martin?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Lockheed Martin stock?
Here are some recent quotes from research analysts about Lockheed Martin stock:
- 1. According to Zacks Investment Research, "Being the largest defense contractor in the world, Lockheed Martin experiences strong demand for high-end military equipments in domestic markets. Lockheed Martin’s products are also well acclaimed in the international market. Consequently, strong order growth has been a primary growth driver for this company. Lockheed Martin continues to be a strong cash generator, helping it to take important cash deployment decisions. The recent adoption of expansionary budgetary policies in the United States will immensely boost this defense prime's business growth. However, the company faces intense competition for its broad portfolio of products and services in both domestic and international markets. Consequently, the company underperformed its industry in the past one year." (7/11/2018)
- 2. Cowen Inc analysts commented, "While order timing is an issue and Rev Rec" will impact 2017-18 GAAP EPS." (9/14/2017)
Who are some of Lockheed Martin's key competitors?
Some companies that are related to Lockheed Martin include Boeing (BA), AIRBUS SE/ADR (EADSY), General Dynamics (GD), Raytheon (RTN), Northrop Grumman (NOC), SAFRAN/ADR (SAFRY), BAE Systems (BAESY), Rolls-Royce (RYCEY), Rockwell Collins (COL), TransDigm Group (TDG), Textron (TXT), L3 Technologies (LLL), MTU AERO ENGINE/ADR (MTUAY), Heico (HEI) and Spirit AeroSystems (SPR).
Who are Lockheed Martin's key executives?
Lockheed Martin's management team includes the folowing people:
- Ms. Marillyn A. Hewson, Chairman, Pres & CEO (Age 64)
- Mr. Bruce L. Tanner, Exec. VP & CFO (Age 59)
- Ms. Maryanne R. Lavan, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59)
- Mr. Dale P. Bennett, Exec. VP of Rotary & Mission Systems (Age 61)
- Mr. Orlando P. Carvalho, Exec. VP of Aeronautics (Age 59)
Has Lockheed Martin been receiving favorable news coverage?
Press coverage about LMT stock has trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lockheed Martin earned a news sentiment score of 0.07 on Accern's scale. They also gave headlines about the aerospace company an impact score of 46.55 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Lockheed Martin's major shareholders?
Lockheed Martin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.22%), Retirement Systems of Alabama (0.08%), Rathbone Brothers plc (0.07%), KAMES CAPITAL plc (0.07%), Huntington National Bank (0.05%) and Calamos Advisors LLC (0.04%). Company insiders that own Lockheed Martin stock include Brian P Colan, Dale P Bennett, Daniel F Akerson, Marillyn A Hewson, Maryanne Lavan, Orlando D Carvalho, Richard F Ambrose and Sondra L Barbour. 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 Gulf International Bank UK Ltd, Hartford Investment Management Co., KAMES CAPITAL plc, Highland Capital Management LLC, Whittier Trust Co., TIAA FSB, Cibc Bank USA and Pendal Group Ltd. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, Dale P Bennett, Marillyn A Hewson, Orlando D Carvalho and Richard F Ambrose. View Insider Buying and Selling 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 Bank of Montreal Can, Cornerstone Wealth Management LLC, Stillwater Capital Advisors LLC, Clinton Group Inc., Tokio Marine Asset Management Co. Ltd., Huntington National Bank, Nikko Asset Management Americas Inc. and Fox Run Management L.L.C.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Lockheed Martin's stock price today?
One share of LMT stock can currently be purchased for approximately $322.55.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $92.10 billion and generates $51.05 billion in revenue each year. The aerospace company earns $2.00 billion in net income (profit) each year or $13.33 on an earnings per share basis. Lockheed Martin employs 100,000 workers across the globe.
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]
MarketBeat Community Rating for Lockheed Martin (NYSE LMT)
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.
