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NYSE:LMT

Lockheed Martin - LMT Stock Forecast, Price & News

$441.97
+0.38 (+0.09%)
(As of 08/18/2022 10:15 AM ET)
Add
Compare
Today's Range
$440.69
$444.88
50-Day Range
$387.28
$441.59
52-Week Range
$324.23
$479.99
Volume
5,814 shs
Average Volume
1.14 million shs
Market Capitalization
$117.19 billion
P/E Ratio
25.58
Dividend Yield
2.54%
Price Target
$448.00

Lockheed Martin MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
1.5% Upside
$448.00 Price Target
Short Interest
Healthy
1.00% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.71
Upright™ Environmental Score
News Sentiment
-0.08mentions of Lockheed Martin in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.94 M Sold Last Quarter
Proj. Earnings Growth
5.22%
From $26.80 to $28.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Aerospace Sector

29th out of 42 stocks

Guided Missiles & Space Vehicles & Parts Industry

5th out of 8 stocks

LMT stock logo

About Lockheed Martin (NYSE:LMT) Stock

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, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control 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 Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Lockheed Martin Price Performance

LMT opened at $441.59 on Thursday. The firm's fifty day moving average price is $416.97 and its two-hundred day moving average price is $427.81. The company has a market capitalization of $117.09 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 3.00 and a beta of 0.67. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.27 and a quick ratio of 1.06. Lockheed Martin has a 1 year low of $324.23 and a 1 year high of $479.99.

Lockheed Martin (NYSE:LMT - Get Rating) last issued its quarterly earnings data on Tuesday, July 19th. The aerospace company reported $1.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.39 by ($5.23). Lockheed Martin had a return on equity of 69.02% and a net margin of 7.33%. The firm had revenue of $15.45 billion during the quarter, compared to the consensus estimate of $16.02 billion. During the same period in the previous year, the company posted $7.13 earnings per share. The company's revenue for the quarter was down 9.3% on a year-over-year basis. As a group, analysts anticipate that Lockheed Martin will post 26.8 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Thursday, September 1st will be given a $2.80 dividend. The ex-dividend date is Wednesday, August 31st. This represents a $11.20 annualized dividend and a yield of 2.54%. Lockheed Martin's dividend payout ratio is currently 64.81%.

Analysts Set New Price Targets

Several analysts have recently weighed in on LMT shares. Morgan Stanley lowered their price objective on shares of Lockheed Martin from $525.00 to $522.00 and set an "overweight" rating for the company in a research note on Wednesday, July 20th. Susquehanna Bancshares increased their price objective on shares of Lockheed Martin from $515.00 to $539.00 in a research report on Wednesday, April 20th. Argus boosted their target price on Lockheed Martin from $415.00 to $500.00 in a research report on Wednesday, April 20th. Wells Fargo & Company cut their price target on Lockheed Martin from $496.00 to $406.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 20th. Finally, Susquehanna boosted their price objective on Lockheed Martin from $515.00 to $539.00 in a report on Wednesday, April 20th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $448.00.

Insider Buying and Selling at Lockheed Martin

In related news, Director John Donovan purchased 632 shares of the business's stock in a transaction that occurred on Wednesday, July 20th. The shares were bought at an average cost of $396.16 per share, with a total value of $250,373.12. Following the acquisition, the director now owns 1,200 shares of the company's stock, valued at $475,392. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Gregory M. Ulmer sold 6,929 shares of the company's stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $423.87, for a total value of $2,936,995.23. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Donovan bought 632 shares of the firm's stock in a transaction on Wednesday, July 20th. The stock was purchased at an average cost of $396.16 per share, with a total value of $250,373.12. Following the completion of the transaction, the director now directly owns 1,200 shares of the company's stock, valued at $475,392. The disclosure for this purchase can be found here. Corporate insiders own 0.17% of the company's stock.

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LMT Stock News Headlines

This Defense Stock Has Bullish Fundamentals AND Technicals
There’s reason to believe that Lockheed Martin will trend higher over time with solid fundamentals and bullish chart indicators in its favor.
Tomorrow's 'Top Gun' might have drone wingman, use AI
Movie fighter pilots are depicted as highly trained military aviators with the skills and experience to defeat adversaries in thrilling aerial dogfights
New lunar rover in the works as NASA moon mission advances
A new lunar rover is under development by Lockheed Martin and Goodyear as NASA gears up for a return to the moon
Is It Time To Get Defensive With Lockheed Martin? (LMT)
Lockheed Martin (NYSE: LMT) issued weak results and trimmed its full-year outlook causing the stock to drop more than 3.5% in after-hours trading. While the news is lackluster we are viewing the drop in share prices as buying opportunity for dividend investors.
Is It Time To Get Defensive With Lockheed Martin?
Lockheed Martin (NYSE: LMT) issued weak results and trimmed its full-year outlook causing the stock to drop more than 3.5% in after-hours trading. While the news is lackluster we are viewing the drop in share prices as buying opportunity for dividend investors.
Spirit takes $1M charge waiting on Bell defense win
Spirit AeroSystems (SPR) Q2 Loss Wider & Revenues Beat
Lockheed Martin Update: Still A Solid DGI Choice
See More Headlines
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LMT Company Calendar

Ex-Dividend for 6/24 Dividend
5/31/2022
Dividend Payable
6/24/2022
Last Earnings
7/19/2022
Today
8/18/2022
Ex-Dividend for 9/23 Dividend
8/31/2022
Dividend Payable
9/23/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Guided missiles & space vehicles & parts
Sub-Industry
Aerospace & Defense
Sector
Aerospace
CUSIP
53983010
Employees
114,000
Year Founded
1995

Price Target and Rating

Average Stock Price Forecast
$448.00
High Stock Price Forecast
$539.00
Low Stock Price Forecast
$375.00
Forecasted Upside/Downside
+1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$6.32 billion
Pretax Margin
8.66%

Debt

Sales & Book Value

Annual Sales
$67.04 billion
Cash Flow
$32.24 per share
Book Value
$43.12 per share

Miscellaneous

Free Float
264,701,000
Market Cap
$117.19 billion
Optionable
Optionable
Beta
0.67

Social Links















LMT Stock - Frequently Asked Questions

Should I buy or sell Lockheed Martin stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.

What is Lockheed Martin's stock price forecast for 2022?

11 brokers have issued 12-month target prices 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 $448.00 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts price targets for LMT
or view top-rated stocks among Wall Street analysts.

How have LMT shares performed in 2022?

Lockheed Martin's stock was trading at $355.41 on January 1st, 2022. Since then, LMT stock has increased by 24.2% and is now trading at $441.59.
View the best growth stocks for 2022 here
.

When is Lockheed Martin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our LMT earnings forecast
.

How were Lockheed Martin's earnings last quarter?

Lockheed Martin Co. (NYSE:LMT) released its quarterly earnings results on Tuesday, July, 19th. The aerospace company reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.39 by $5.23. The aerospace company earned $15.45 billion during the quarter, compared to the consensus estimate of $16.02 billion. Lockheed Martin had a trailing twelve-month return on equity of 69.02% and a net margin of 7.33%. Lockheed Martin's quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the previous year, the firm posted $7.13 EPS.
Read the conference call transcript
.

How often does Lockheed Martin pay dividends? What is the dividend yield for Lockheed Martin?

Lockheed Martin announced a quarterly dividend on Thursday, June 23rd. Shareholders of record on Thursday, September 1st will be given a dividend of $2.80 per share on Friday, September 23rd. This represents a $11.20 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for LMT
.

Is Lockheed Martin a good dividend stock?

Lockheed Martin (NYSE:LMT) pays an annual dividend of $11.20 per share and currently has a dividend yield of 2.54%. The company has been increasing its dividend for 20 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.

How will Lockheed Martin's stock buyback program work?

Lockheed Martin declared that its board has authorized a share buyback program on Thursday, September 23rd 2021, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its shares are undervalued.

What guidance has Lockheed Martin issued on next quarter's earnings?

Lockheed Martin issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $21.55-$21.55 for the period, compared to the consensus EPS 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.

What is James D. Taiclet's approval rating as Lockheed Martin's CEO?

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.

What other stocks do shareholders of Lockheed Martin own?

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).

What is Lockheed Martin's stock symbol?

Lockheed Martin trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."

Who are Lockheed Martin's major shareholders?

Lockheed Martin's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (14.52%), FMR LLC (2.25%), Wells Fargo & Company MN (1.00%), Northern Trust Corp (0.92%), Franklin Resources Inc. (0.92%) and GQG Partners LLC (0.77%). 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
.

How do I buy shares of Lockheed Martin?

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.

What is Lockheed Martin's stock price today?

One share of LMT stock can currently be purchased for approximately $441.59.

How much money does Lockheed Martin make?

Lockheed Martin (NYSE:LMT) has a market capitalization of $117.09 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.

How many employees does Lockheed Martin have?

The company employs 114,000 workers across the globe.

When was Lockheed Martin founded?

Lockheed Martin was founded in 1995.

How can I contact Lockheed Martin?

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.

This page (NYSE:LMT) was last updated on 8/18/2022 by MarketBeat.com Staff

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