About Lockheed Martin (NYSE:LMT)
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
Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:LMT
CUSIP53983010
Phone301-897-6000
Debt
Debt-to-Equity Ratio-22.19%
Current Ratio1.38%
Quick Ratio1.03%
Price-To-Earnings
Trailing P/E Ratio26.41
Forward P/E Ratio22.64
P/E Growth3.09
Sales & Book Value
Annual Sales$51.05 billion
Price / Sales1.97
Cash Flow$17.5731 per share
Price / Cash20.03
Book Value($2.12) per share
Price / Book-166.03
Profitability
EPS (Most Recent Fiscal Year)$13.33
Net Income$2.00 billion
Net Margins3.92%
Return on Equity354.55%
Return on Assets8.27%
Miscellaneous
Employees100,000
Outstanding Shares285,570,000
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 Wednesday, January 24th. Stockholders of record on Thursday, March 1st will be paid a dividend of $2.00 per share on Friday, March 23rd. This represents a $8.00 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Wednesday, February 28th. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin announced that its board has authorized a share repurchase plan on Friday, September 29th 2017, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin (NYSE:LMT) posted its quarterly earnings data on Monday, January, 29th. The aerospace company reported $4.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $4.06 by $0.24. The aerospace company earned $15.14 billion during the quarter, compared to analysts' expectations of $14.72 billion. Lockheed Martin had a net margin of 3.92% and a return on equity of 354.55%. The firm's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.25 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 Monday, January, 29th. The company provided earnings per share guidance of $15.20-15.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $14.07. The company issued revenue guidance of $50-51.5 billion, compared to the consensus revenue estimate of $51.18 billion.
What price target have analysts set for LMT?
15 equities research analysts have issued twelve-month price objectives for Lockheed Martin's stock. Their forecasts range from $340.00 to $410.00. On average, they anticipate Lockheed Martin's stock price to reach $377.00 in the next year. View Analyst Ratings for Lockheed Martin.
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, "Lockheed Martin, being the largest defense contractor in the world, experiences strong demand for high-end military equipments in both domestic as well as overseas markets. The Sikorsky takeover has proved to be beneficial for the company, in terms of substantial contract wins for production of newly designed choppers as well as maintenance of the existing one. In fact, 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. However, the F-35 program, despite being a prime defense project for the U.S. government, has been facing criticism for being overtly expensive, for past few years. The company also faces intense competition for its broad portfolio of products and services in both domestic and international markets. Due to such reasons, the company may have underperformed its broader industry in the last one year." (3/13/2018)
- 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 Group (EADSY), General Dynamics (GD), Raytheon (RTN), Northrop Grumman (NOC), BAE Systems (BAESY), Rolls-Royce (RYCEY), Rockwell Collins (COL), Textron (TXT), TransDigm Group (TDG), L3 Technologies (LLL), Huntington Ingalls Industries (HII), Leidos (LDOS), Heico (HEI), Spirit AeroSystems (SPR), MTU Aero Engines (MTUAY), Orbital ATK (OA) and FLIR Systems (FLIR).
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?
Headlines about LMT stock have been trending somewhat negative recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Lockheed Martin earned a news impact score of -0.06 on Accern's scale. They also assigned headlines about the aerospace company an impact score of 45.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $351.99.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $100.52 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 (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.
Lockheed Martin (NYSE:LMT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Lockheed Martin in the last 12 months. Their average twelve-month price target is $377.00, suggesting that the stock has a possible upside of 7.11%. The high price target for LMT is $410.00 and the low price target for LMT is $340.00. There are currently 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.53 | 2.57 | 2.58 | 2.57 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $377.00 | $378.6429 | $329.4545 | $313.2308 |
| Price Target Upside: | 7.11% upside | 6.80% upside | 0.23% upside | 0.03% upside |
Lockheed Martin (NYSE:LMT) Consensus Price Target History
Lockheed Martin (NYSE:LMT) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Lockheed Martin (NYSE:LMT) Dividend Information
Lockheed Martin pays an annual dividend of $8.00 per share, with a dividend yield of 2.27%. LMT's most recent quarterly dividend payment was Friday, March 23. The company has grown its dividend for the last 15 consecutive years and is increasing its dividend by an average of 10.80% each year. Lockheed Martin pays out 60.02% of its earnings out as a dividend.
| Most Recent Dividend: | 3/23/2018 |
| Annual Dividend: | $8.00 |
| Dividend Yield: | 2.27% |
| Dividend Growth: | 10.80% (3 Year Average) |
| Payout Ratio: | 60.02% (Trailing 12 Months of Earnings)
51.45% (Based on This Year's Estimates)
44.82% (Based on Next Year's Estimates)
|
| Track Record: | 15 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Lockheed Martin (NYSE:LMT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/24/2018 | quarterly | $2.00 | 2.37% | 2/28/2018 | 3/1/2018 | 3/23/2018 |
| 9/28/2017 | quarterly | $2.00 | 2.58% | 9/30/2017 | 12/1/2017 | 12/29/2017 |
| 6/22/2017 | quarterly | $1.82 | 2.59% | 8/30/2017 | 9/1/2017 | 9/22/2017 |
| 4/26/2017 | quarterly | $1.82 | 2.68% | 5/30/2017 | 6/1/2017 | 6/23/2017 |
| 1/26/2017 | quarterly | $1.82 | 2.87% | 2/27/2017 | 3/1/2017 | 3/24/2017 |
| 9/22/2016 | quarterly | $1.82 | 2.96% | 11/29/2016 | 12/1/2016 | 12/30/2016 |
| 6/23/2016 | quarterly | $1.65 | 2.75% | 8/30/2016 | 9/1/2016 | 9/23/2016 |
| 4/27/2016 | quarterly | $1.65 | 2.84% | 5/27/2016 | 6/1/2016 | 6/24/2016 |
| 1/28/2016 | quarterly | $1.65 | 3.13% | 2/26/2016 | 3/1/2016 | 3/24/2016 |
| 9/24/2015 | quarterly | $1.65 | 3.24% | 11/27/2015 | 12/1/2015 | 12/24/2015 |
| 6/25/2015 | quarterly | $1.50 | 3.18% | 8/28/2015 | 9/1/2015 | 9/25/2015 |
| 4/23/2015 | quarterly | $1.50 | 3.07% | 5/28/2015 | 6/1/2015 | 6/26/2015 |
| 1/30/2015 | quarterly | $1.50 | 3.19% | 2/26/2015 | 3/2/2015 | 3/27/2015 |
| 9/25/2014 | quarterly | $1.50 | 3.3% | 11/26/2014 | 12/1/2014 | 12/26/2014 |
| 6/26/2014 | quarterly | $1.33 | 3.27% | 8/28/2014 | 9/2/2014 | 9/26/2014 |
| 4/24/2014 | quarterly | $1.33 | 3.3% | 5/29/2014 | 6/2/2014 | 6/27/2014 |
| 1/23/2014 | quarterly | $1.33 | 3.6% | 2/27/2014 | 3/3/2014 | 3/28/2014 |
| 9/26/2013 | quarterly | $1.33 | 4.12% | 11/27/2013 | 12/2/2013 | 12/27/2013 |
| 6/27/2013 | quarterly | $1.15 | 4.24% | 8/29/2013 | 9/3/2013 | 9/27/2013 |
| 4/25/2013 | quarterly | $1.15 | 4.65% | 5/30/2013 | 6/3/2013 | 6/28/2013 |
| 1/24/2013 | quarterly | $1.15 | 4.98% | 2/27/2013 | 3/1/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Lockheed Martin (NYSE LMT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.35%
Institutional Ownership Percentage: 78.47%
Lockheed Martin (NYSE LMT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/1/2018 | Richard F Ambrose | Insider | Sell | 7,517 | $357.89 | $2,690,259.13 | |  |
| 1/30/2018 | Marillyn A Hewson | Chairman | Sell | 19,000 | $346.74 | $6,588,060.00 | 80,478 | |
| 12/4/2017 | Dale P. Bennett | Insider | Sell | 2,000 | $313.75 | $627,500.00 | | |
| 10/25/2017 | Daniel F Akerson | Director | Buy | 2,500 | $312.02 | $780,050.00 | 7,432 | |
| 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 | 27,728 | |
| 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 | 31,200 | |
| 7/22/2016 | Orlando D Carvalho | Insider | Sell | 12,700 | $254.78 | $3,235,706.00 | 29,120 | |
| 4/28/2016 | Marillyn A Hewson | CEO | Sell | 25,000 | $233.16 | $5,829,000.00 | 90,366 | |
| 4/28/2016 | Maryanne Lavan | SVP | Sell | 21,720 | $233.19 | $5,064,886.80 | 19,325 | |
| 2/22/2016 | Richard H Edwards | EVP | Sell | 20,000 | $215.67 | $4,313,400.00 | 13,046 | |
| 2/19/2016 | Richard F Ambrose | EVP | Sell | 22,103 | $213.71 | $4,723,632.13 | 21,203 | |
| 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 | 89 | |
| 2/4/2014 | Patrick Dewar | EVP | Sell | 29,838 | $148.08 | $4,418,411.04 | 9 | |
| 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 | |
| 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 | 27,797 | |
| 8/22/2013 | Maryanne Lavan | SVP | Sell | 56,700 | $123.60 | $7,008,120.00 | 1 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Lockheed Martin (NYSE LMT) News Headlines
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Lockheed Martin (NYSE:LMT) SEC Filings
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Lockheed Martin (NYSE:LMT) Income Statement, Balance Sheet and Cash Flow Statement
Lockheed Martin (NYSE LMT) Stock Chart for Monday, April, 23, 2018
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