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 ships; 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 1995 and is headquartered in Bethesda, Maryland.
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$53.76 billion
Profitability
Miscellaneous
Employees105,000
Next Earnings Date4/23/2019 (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 Thursday, January 24th. Stockholders of record on Friday, March 1st will be paid a dividend of $2.20 per share on Friday, March 29th. This represents a $8.80 annualized dividend and a dividend yield of 2.99%. The ex-dividend date is Thursday, February 28th. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin announced that its board has approved a stock buyback program on Thursday, September 27th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) posted its earnings results on Tuesday, January, 29th. The aerospace company reported $4.39 earnings per share for the quarter, hitting the Zacks' consensus estimate of $4.39. The aerospace company had revenue of $14.41 billion for the quarter, compared to analysts' expectations of $13.75 billion. Lockheed Martin had a return on equity of 726.78% and a net margin of 9.39%. Lockheed Martin's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($2.25) 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 FY19 earnings guidance on Tuesday, January, 29th. The company provided earnings per share guidance of $19.15-19.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $19.55. The company issued revenue guidance of $55.75-57.25 billion, compared to the consensus revenue estimate of $56.17 billion.
What price target have analysts set for LMT?
17 Wall Street analysts have issued twelve-month target prices for Lockheed Martin's shares. Their forecasts range from $297.00 to $400.00. On average, they anticipate Lockheed Martin's share price to reach $348.9333 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Lockheed Martin.
What is the consensus analysts' recommendation for Lockheed Martin?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings, 10 buy ratings and 1 strong buy rating 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 trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lockheed Martin earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Lockheed Martin's key competitors?
Some companies that are related to Lockheed Martin include Boeing (BA), Airbus (EADSY), SAFRAN/ADR (SAFRY), Raytheon (RTN), General Dynamics (GD), Northrop Grumman (NOC), TransDigm Group (TDG), Rockwell Collins (COL), Rolls-Royce (RYCEY), BAE SYS PLC/S (BAESY), L3 Technologies (LLL), Heico (HEI), Textron (TXT), MTU AERO ENGINE/ADR (MTUAY) and Heico (HEI.A).
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)
- Ms. Maryanne R. Lavan, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60)
- Mr. Dale P. Bennett, Exec. VP of Rotary & Mission Systems (Age 62)
- Mr. Kenneth R. Possenriede, Exec. VP & CFO (Age 58)
- Mr. Rod Makoske, Sr. VP of Corp. Engineering, Technology & Operations
Who are Lockheed Martin's major shareholders?
Lockheed Martin's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (7.44%), BlackRock Inc. (6.61%), Geode Capital Management LLC (1.21%), Northern Trust Corp (1.09%), FMR LLC (0.97%) and Massachusetts Financial Services Co. MA (0.72%). Company insiders that own Lockheed Martin stock include Brian P Colan, Bruce L Tanner, Dale P Bennett, Daniel F Akerson, Ilene S Gordon, John Frank A St, Marillyn A Hewson, Maryanne Lavan, Michele A Evans, Orlando D Carvalho and Richard F Ambrose. 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 Massachusetts Financial Services Co. MA, American Century Companies Inc., Bank of New York Mellon Corp, WINTON GROUP Ltd, Northern Trust Corp, Canada Pension Plan Investment Board, Two Sigma Advisers LP and Cadinha & Co. LLC. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, Bruce L Tanner, John Frank A St, Marillyn A Hewson, Maryanne Lavan, Michele A Evans 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 Oregon Public Employees Retirement Fund, BlackRock Inc., Geode Capital Management LLC, California Public Employees Retirement System, Bank of Montreal Can, Marsico Capital Management LLC, Ackerman Capital Advisors LLC and Bahl & Gaynor Inc.. Company insiders that have bought Lockheed Martin stock in the last two years include Daniel F Akerson and Ilene S Gordon. 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 $294.12.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $83.11 billion and generates $53.76 billion in revenue each year. The aerospace company earns $5.05 billion in net income (profit) each year or $17.85 on an earnings per share basis. Lockheed Martin employs 105,000 workers across the globe.
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.
