Lockheed Martin Corporation is a security and aerospace company. The Company operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Missiles and Fire Control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles, and energy management solutions. Rotary and Mission Systems segment provides design, manufacture, service and support for a range of military and civil helicopters; mission systems and sensors for rotary and fixed-wing aircraft; simulation and training services, and unmanned systems and technologies, among others. Space Systems segment is engaged in the research and development, design, engineering and production of satellites, strategic and defensive missile systems and space transportation systems.
Industry, Sector and Symbol:
- Sector: Aerospace
- Industry: Aerospace & Defense
- Sub-Industry: Aerospace & Defense
- Symbol: NYSE:LMT
- CUSIP: 53983010
- Web: www.lockheedmartin.com
- Market Cap: $88.95 billion
- Outstanding Shares: 287,990,000
- 50 Day Moving Avg: $302.31
- 200 Day Moving Avg: $282.70
- 52 Week Range: $228.50 - $311.36
Sales & Book Value:
- Trailing P/E Ratio: 17.96
- Foreward P/E Ratio: 21.78
- P/E Growth: 4.11
- Annual Revenue: $49.05 billion
- Price / Sales: 1.81
- Book Value: $4.39 per share
- Price / Book: 70.36
- Annual Dividend: $7.28
- Dividend Yield: 2.4%
- EBIDTA: $6.23 billion
- Net Margins: 10.37%
- Return on Equity: 221.92%
- Return on Assets: 7.97%
- Debt-to-Equity Ratio: 10.59%
- Current Ratio: 1.21%
- Quick Ratio: 0.85%
- Average Volume: 1.04 million shs.
- Beta: 0.59
- Short Ratio: 0.01
Frequently Asked Questions for Lockheed Martin Corporation (NYSE:LMT)
What is Lockheed Martin Corporation's stock symbol?
Lockheed Martin Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."
How often does Lockheed Martin Corporation pay dividends? What is the dividend yield for Lockheed Martin Corporation?
Lockheed Martin Corporation declared a quarterly dividend on Thursday, June 22nd. Shareholders of record on Friday, September 1st will be paid a dividend of $1.82 per share on Friday, September 22nd. This represents a $7.28 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Wednesday, August 30th. View Lockheed Martin Corporation's Dividend History.
How were Lockheed Martin Corporation's earnings last quarter?
Lockheed Martin Corporation (NYSE:LMT) posted its earnings results on Tuesday, July, 18th. The company reported $3.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.10 by $0.13. The business had revenue of $12.69 billion for the quarter, compared to analysts' expectations of $12.43 billion. Lockheed Martin Corporation had a net margin of 10.37% and a return on equity of 221.92%. The company's revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.32 earnings per share. View Lockheed Martin Corporation's Earnings History.
When will Lockheed Martin Corporation make its next earnings announcement?
What guidance has Lockheed Martin Corporation issued on next quarter's earnings?
Lockheed Martin Corporation updated its FY17 earnings guidance on Tuesday, July, 18th. The company provided earnings per share guidance of $12.30-12.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $12.51. The company issued revenue guidance of $49.8-51.0 billion, compared to the consensus revenue estimate of $50.23 billion.
Where is Lockheed Martin Corporation's stock going? Where will Lockheed Martin Corporation's stock price be in 2017?
13 equities research analysts have issued 1 year target prices for Lockheed Martin Corporation's stock. Their predictions range from $265.00 to $342.00. On average, they expect Lockheed Martin Corporation's stock price to reach $301.58 in the next year. View Analyst Ratings for Lockheed Martin Corporation.
What are analysts saying about Lockheed Martin Corporation stock?
Here are some recent quotes from research analysts about Lockheed Martin Corporation stock:
- 1. Cowen and Company analysts commented, "While order timing is an issue and Rev Rec" will impact 2017-18 GAAP EPS." (9/14/2017)
- 2. According to Zacks Investment Research, "Lockheed Martin’s second-quarter results have comfortably surpassed the Zacks Consensus Estimate on both the top- and bottom-line fronts. Year-over-year results were also impressive on both fronts. However, backlog dropped year-over-year. In particular Aeronautics segment posted a strong, double-digit growth, which, in turn, boosted the company’s sales. The increased outlook for 2017 also buoyed optimism. Moreover, being the largest defense contractor in the world, Lockheed Martin continues to be a strong cash generator. The recently passed defense policy bill for 2018, with a promise of $696 billion budget, is also expected to boost growth of defense primes like Lockheed Martin. However, a comparative analysis of the company’s historical EV/EBITDA ratio reflects a relatively gloomy picture when compared with its broader industry. It's share price also underperformed the broader industry in the last one year." (7/31/2017)
Who are some of Lockheed Martin Corporation's key competitors?
Some companies that are related to Lockheed Martin Corporation include United Technologies Corporation (UTX), General Dynamics Corporation (GD), Raytheon Company (RTN), Northrop Grumman Corporation (NOC), Precision Castparts Corp. (PCP), Rockwell Collins (COL), BAE Systems plc (BA), Rolls-Royce Holding PLC (RR), L-3 Communications Holdings (LLL), Huntington Ingalls Industries (HII), Orbital ATK (OA), Elbit Systems (ESLT), BWX Technologies (BWXT), Hexcel Corporation (HXL), Cobham plc (COB), Moog (MOG.A), Esterline Technologies Corporation (ESL) and Mercury Systems (MRCY).
Who are Lockheed Martin Corporation's key executives?
Lockheed Martin Corporation's management team includes the folowing people:
- Marillyn A. Hewson, Chairman of the Board, President, Chief Executive Officer
- Bruce L. Tanner, Executive Vice President, Chief Financial Officer
- Richard F. Ambrose, Executive Vice President - Space Systems Business
- Dale P. Bennett, Executive Vice President - Mission Systems and Training
- Orlando P. Carvalho, Executive Vice President - Aeronautics
- Richard H. Edwards, Executive Vice President - Missiles and Fire Control
- Maryanne R. Lavan, Senior Vice President, General Counsel, Corporate Secretary
- Brian P. Colan CPA, Chief Accounting Officer, Vice President, Controller
- John W. Mollard, Vice President, Treasurer and Corporate Officer
- Greg M. Gardner, Vice President, IR Contact Officer
How do I buy Lockheed Martin Corporation stock?
Shares of Lockheed Martin Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Lockheed Martin Corporation's stock price today?
MarketBeat Community Rating for Lockheed Martin Corporation (NYSE LMT)MarketBeat's community ratings are surveys of what our community members think about Lockheed Martin Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Lockheed Martin Corporation stock can currently be purchased for approximately $308.86.
Consensus Ratings for Lockheed Martin Corporation (NYSE:LMT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.54)|
|Consensus Price Target: ||$301.58 (2.36% downside)|
Analysts' Ratings History for Lockheed Martin Corporation (NYSE:LMT)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/14/2017||Cowen and Company||Reiterated Rating||Hold||$295.00 -> $310.00||Low|
|8/25/2017||Royal Bank Of Canada||Set Price Target||Hold||$289.00||Low|
|8/22/2017||Jefferies Group LLC||Reiterated Rating||Hold||$265.00||Low|
|8/8/2017||Morgan Stanley||Initiated Coverage||Overweight -> Overweight||$342.00||Low|
|7/19/2017||Stifel Nicolaus||Reiterated Rating||Buy||$300.00 -> $320.00||Low|
|7/19/2017||Argus||Reiterated Rating||Neutral -> Buy||$100.00 -> $320.00||Medium|
|7/19/2017||Credit Suisse Group||Reiterated Rating||Neutral||$280.00 -> $300.00||Medium|
|1/25/2017||Citigroup Inc.||Lower Price Target||Buy||$335.00 -> $333.00||N/A|
|1/20/2017||Robert W. Baird||Reiterated Rating||Outperform||$284.00||N/A|
|12/23/2016||Vertical Group||Reiterated Rating||Hold||$281.00||N/A|
|12/23/2016||Deutsche Bank AG||Reiterated Rating||Buy||$300.00||N/A|
|12/1/2016||S&P Equity Research||Upgrade||Buy||N/A|
|11/10/2016||Barclays PLC||Upgrade||Underweight -> Equal Weight||$245.00 -> $275.00||N/A|
|9/19/2016||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||$199.01 -> $277.50||N/A|
|8/25/2016||J P Morgan Chase & Co||Initiated Coverage||Neutral||$284.00||N/A|
|8/24/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$245.00||N/A|
|7/20/2016||Drexel Hamilton||Reiterated Rating||Buy||$284.00||N/A|
|5/31/2016||Berenberg Bank||Downgrade||Buy -> Hold||$250.00 -> $260.00||N/A|
|4/27/2016||Wolfe Research||Downgrade||Outperform -> Market Perform||N/A|
|12/4/2015||Sanford C. Bernstein||Boost Price Target||Market-Perform||$222.00 -> $226.00||N/A|
Earnings History for Lockheed Martin Corporation (NYSE:LMT)Earnings History by Quarter for Lockheed Martin Corporation (NYSE LMT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017||Q2 2017||$3.10||$3.23||$12.43 billion||$12.69 billion||View||N/A|
|4/25/2017||Q1 2017||$2.76||$3.00||$11.22 billion||$11.06 billion||View||N/A|
|1/24/2017||Q416||$3.04||$3.25||$13.03 billion||$13.80 billion||View||Listen|
|10/25/2016||Q316||$2.86||$3.61||$11.49 billion||$11.60 billion||View||Listen|
|7/19/2016||Q216||$2.93||$3.32||$12.56 billion||$12.90 billion||View||Listen|
|4/26/2016||Q116||$2.59||$2.58||$11.36 billion||$11.70 billion||View||Listen|
|1/26/2016||Q415||$2.94||$3.01||$12.33 billion||$12.90 billion||View||Listen|
|10/20/2015||Q315||$2.72||$2.77||$11.13 billion||$11.50 billion||View||Listen|
|7/20/2015||Q215||$2.67||$2.94||$11.01 billion||$11.60 billion||View||Listen|
|4/21/2015||Q115||$2.48||$2.74||$10.24 million||$10.10 million||View||N/A|
|1/27/2015||Q414||$2.81||$3.01||$11.89 billion||$12.50 billion||View||N/A|
|10/21/2014||Q314||$2.72||$2.76||$11.28 billion||$11.11 billion||View||Listen|
|7/22/2014||Q214||$2.66||$2.76||$11.14 billion||$11.31 billion||View||Listen|
|4/22/2014||Q1||$2.53||$2.87||$10.90 billion||$10.70 billion||View||Listen|
|1/22/2014||Q413||$1.99||$2.04||$11.34 billion||$11.50 billion||View||N/A|
|10/22/2013||Q313||$2.26||$2.57||$11.15 billion||$11.90 billion||View||N/A|
|7/23/2013||Q2 2013||$2.20||$2.64||$11.12 billion||$11.40 billion||View||Listen|
|4/23/2013||Q1 2013||$2.03||$2.33||$10.32 million||$11.10 million||View||Listen|
|1/24/2013||Q4 2012||$1.80||$1.73||$11.15 billion||$12.10 billion||View||Listen|
Earnings Estimates for Lockheed Martin Corporation (NYSE:LMT)
2017 EPS Consensus Estimate: $12.82
2018 EPS Consensus Estimate: $14.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Lockheed Martin Corporation (NYSE:LMT)
|Dividend Growth:||12.30% (3 Year Average)|
|Payout Ratio:||42.52% (Trailing 12 Months of Earnings) |
57.59% (Based on This Year's Estimates)
51.34% (Based on Next Year's Estimates)
|Track Record:||14 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Lockheed Martin Corporation (NYSE LMT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Lockheed Martin Corporation (NYSE:LMT)
Insider Ownership Percentage: 0.39%Insider Trades by Quarter for Lockheed Martin Corporation (NYSE:LMT)
Institutional Ownership Percentage: 78.85%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/15/2017||Brian P. Colan||VP||Sell||350||$306.19||$107,166.50|| |
|8/15/2017||Orlando D Carvalho||Insider||Sell||8,870||$307.95||$2,731,516.50|| |
|7/20/2017||Maryanne Lavan||SVP||Sell||10,000||$290.11||$2,901,100.00|| |
|7/19/2017||Marillyn A. Hewson||Chairman||Sell||26,000||$290.53||$7,553,780.00|| |
|4/27/2017||Richard F. Ambrose||Insider||Sell||9,316||$271.11||$2,525,660.76|| |
|8/3/2016||Sondra L Barbour||Insider||Sell||66,460||$255.74||$16,996,480.40|| |
|7/22/2016||Orlando D Carvalho||Insider||Sell||12,700||$254.78||$3,235,706.00|| |
|4/28/2016||Marillyn A Hewson||CEO||Sell||25,000||$233.16||$5,829,000.00|| |
|4/28/2016||Maryanne Lavan||SVP||Sell||21,720||$233.19||$5,064,886.80|| |
|2/22/2016||Richard H Edwards||EVP||Sell||20,000||$215.67||$4,313,400.00|| |
|2/19/2016||Richard F Ambrose||EVP||Sell||22,103||$213.71||$4,723,632.13|| |
|12/4/2015||Kenneth R. Possenriede||VP||Sell||1,860||$218.94||$407,228.40|| |
|5/4/2015||Daniel F Akerson||Director||Buy||2,000||$190.16||$380,320.00|| |
|4/28/2015||Marillyn A Hewson||CEO||Sell||45,700||$192.75||$8,808,675.00|| |
|4/27/2015||Kenneth R Possenriede||VP||Sell||5,573||$194.47||$1,083,781.31|| |
|4/23/2015||Maryanne Lavan||SVP||Sell||23,500||$197.70||$4,645,950.00|| |
|2/13/2015||Dale P Bennett||EVP||Sell||16,809||$196.89||$3,309,524.01|| |
|2/11/2015||Richard F Ambrose||EVP||Sell||6,076||$196.41||$1,193,387.16|| |
|2/6/2015||Brian P Colan||VP||Sell||1,391||$195.76||$272,302.16|| |
|2/5/2015||Richard H Edwards||EVP||Sell||9,499||$192.99||$1,833,212.01|| |
|2/4/2015||David B Burritt||Director||Sell||3,940||$192.48||$758,371.20|| |
|8/21/2014||Kenneth R Possenriede||VP||Sell||3,000||$174.69||$524,070.00|| |
|8/21/2014||Sondra L Barbour||EVP||Sell||50,000||$174.80||$8,740,000.00|| |
|8/4/2014||Orlando D Carvalho||EVP||Sell||13,100||$168.29||$2,204,599.00|| |
|8/1/2014||Daniel F Akerson||Director||Buy||1,500||$166.72||$250,080.00|| |
|7/30/2014||Daniel F Akerson||Director||Buy||1,500||$169.88||$254,820.00|| |
|7/28/2014||Bruce L Tanner||CFO||Sell||14,000||$170.19||$2,382,660.00|| |
|7/28/2014||Douglas H Mccorkindale||Director||Sell||2,718||$170.31||$462,902.58|| |
|7/28/2014||Marillyn A Hewson||CEO||Sell||52,100||$170.06||$8,860,126.00|| |
|7/28/2014||Maryanne Lavan||SVP||Sell||47,742||$169.85||$8,108,978.70|| |
|2/14/2014||Dale Bennett||EVP||Sell||2,335||$162.12||$378,550.20|| |
|2/4/2014||Patrick Dewar||EVP||Sell||29,838||$148.08||$4,418,411.04|| |
|2/3/2014||Christopher Gregoire||VP||Sell||11,784||$149.97||$1,767,246.48|| |
|2/3/2014||Richard Ambrose||EVP||Sell||10,239||$147.76||$1,512,914.64|| |
|1/27/2014||Marillyn Hewson||CEO||Sell||32,545||$147.96||$4,815,358.20|| |
|10/30/2013||Douglas H Mccorkindale||Director||Sell||2,314||$134.10||$310,307.40|| |
|10/29/2013||Orlando D Carvalho||EVP||Sell||4,000||$133.12||$532,480.00|| |
|9/10/2013||Patrick M Dewar||EVP||Sell||5,000||$125.15||$625,750.00|| |
|8/22/2013||Bruce Tanner||CFO||Sell||64,400||$123.81||$7,973,364.00|| |
|8/22/2013||Maryanne Lavan||SVP||Sell||56,700||$123.60||$7,008,120.00|| |
|7/30/2013||Richard F Ambrose||EVP||Sell||15,767||$120.18||$1,894,878.06|| |
|7/29/2013||Richard H Edwards||EVP||Sell||9,700||$120.16||$1,165,552.00|| |
|7/25/2013||Kenneth R Possenriede||VP||Sell||27,027||$117.53||$3,176,483.31|| |
|6/14/2013||David B Burritt||Director||Sell||5,826||$107.94||$628,858.44|| |
|5/31/2013||Dale P Bennett||EVP||Sell||76,957||$107.34||$8,260,564.38|| |
|5/17/2013||Sondra L Barbour||EVP||Sell||5,667||$105.64||$598,661.88|| |
|5/9/2013||Robert J Stevens||Chairman||Sell||955,000||$101.78||$97,199,900.00|| |
Headline Trends for Lockheed Martin Corporation (NYSE:LMT)
Latest Headlines for Lockheed Martin Corporation (NYSE:LMT)
Lockheed Martin Corporation (LMT) Chart for Friday, September, 22, 2017