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.
Read More…
Industry, Sector and Symbol
Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
Phone301-897-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$59.81 billion
Profitability
Miscellaneous
Employees110,000
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Friday, January 24th. Investors of record on Monday, March 2nd will be paid a dividend of $2.40 per share on Friday, March 27th. This represents a $9.60 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Friday, February 28th. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 26th 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) announced its earnings results on Tuesday, January, 28th. The aerospace company reported $5.29 EPS for the quarter, beating the consensus estimate of $5.03 by $0.26. The aerospace company earned $15.88 billion during the quarter, compared to analyst estimates of $15.28 billion. Lockheed Martin had a net margin of 10.42% and a return on equity of 198.95%. Lockheed Martin's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.39 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 FY20 earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of $23.65-23.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $24.16. The company issued revenue guidance of $62.75-64.25 billion, compared to the consensus revenue estimate of $62.56 billion.
What price target have analysts set for LMT?
15 equities research analysts have issued 12-month price objectives for Lockheed Martin's shares. Their forecasts range from $360.00 to $520.00. On average, they anticipate Lockheed Martin's stock price to reach $447.43 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets 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 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lockheed Martin.
Has Lockheed Martin been receiving favorable news coverage?
News coverage about LMT stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lockheed Martin earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave media coverage about the aerospace company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Lockheed Martin.
Are investors shorting Lockheed Martin?
Lockheed Martin saw a decline in short interest in February. As of February 14th, there was short interest totalling 3,700,000 shares, a decline of 8.0% from the January 30th total of 4,020,000 shares. Based on an average trading volume of 1,070,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.3% of the company's shares are sold short. View Lockheed Martin's Current Options Chain.
Who are some of Lockheed Martin's key competitors?
Some companies that are related to Lockheed Martin include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Hexcel (HXL) and Curtiss-Wright (CW).
What other stocks do shareholders of Lockheed Martin own?
Who are Lockheed Martin's key executives?
Lockheed Martin's management team includes the folowing people:
- Ms. Marillyn A. Hewson, Chairman, Pres & CEO (Age 65)
- Mr. Dale P. Bennett, Exec. VP of Rotary & Mission Systems (Age 62)
- Mr. Richard H. Edwards, Exec. VP of International (Age 62)
- Mr. Richard F. Ambrose, Exec. VP of Space (Age 60)
- Mr. Frank A. St. John, Exec. VP of Missiles & Fire Control Bus. (Age 52)
Who are Lockheed Martin's major shareholders?
Lockheed Martin's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (15.36%), Capital World Investors (6.01%), Capital Research Global Investors (2.07%), Geode Capital Management LLC (1.28%), Massachusetts Financial Services Co. MA (0.99%) and FMR LLC (0.85%). 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.
Which institutional investors are selling Lockheed Martin stock?
LMT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Bessemer Group Inc., Capital Research Global Investors, Prudential Financial Inc., Chevy Chase Trust Holdings Inc., Massachusetts Financial Services Co. MA and Virginia Retirement Systems ET AL. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, David B Burritt, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan and Michele A Evans. View Insider Buying and Selling for Lockheed Martin.
Which institutional investors are buying Lockheed Martin stock?
LMT stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Capital International Investors, GQG Partners LLC, First Trust Advisors LP, Renaissance Technologies LLC, NorthRock Partners LLC, Geode Capital Management LLC and AQR Capital Management 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 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, Robinhood, Fidelity and Charles Schwab.
What is Lockheed Martin's stock price today?
One share of LMT stock can currently be purchased for approximately $368.99.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $104.03 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.View Additional Information About Lockheed Martin.
What is Lockheed Martin's official website?
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.
