NYSE:LMT - Lockheed Martin Stock Price, Forecast & News

Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LMT shares have decreased by 2.4% and is now trading at $348.38. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lockheed Martin.

Lockheed Martin is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Lockheed Martin.

Lockheed Martin Co. (NYSE:LMT) issued its quarterly earnings results on Tuesday, January, 28th. The aerospace company reported $5.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $5.03 by $0.26. The aerospace company had revenue of $15.88 billion for the quarter, compared to analyst estimates of $15.28 billion. Lockheed Martin had a return on equity of 198.95% and a net margin of 10.42%. The company's revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $4.39 earnings per share. View Lockheed Martin's earnings history.

Lockheed Martin announced a quarterly dividend on Friday, January 24th. Shareholders 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 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Friday, February 28th. View Lockheed Martin's dividend history.

Lockheed Martin declared that its board has authorized a share repurchase plan on Thursday, September 26th 2019, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Lockheed Martin updated its FY20 earnings guidance on Tuesday, January, 28th. The company provided earnings per share guidance of $23.65-23.95 for the period, compared to the Thomson Reuters consensus EPS 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.

15 analysts have issued 1 year price targets for Lockheed Martin's stock. Their forecasts range from $360.00 to $520.00. On average, they anticipate Lockheed Martin's stock price to reach $437.93 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View analysts' price targets for Lockheed Martin.

News coverage about LMT stock has trended negative this week, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lockheed Martin earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutLockheed Martin.

Lockheed Martin saw a decline in short interest in March. As of March 13th, there was short interest totaling 2,997,300 shares, a decline of 14.8% from the February 27th total of 3,520,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.1% of the company's stock are short sold. View Lockheed Martin's Current Options Chain.

Some companies that are related to Lockheed Martin include Honeywell International (HON), Boeing (BA), United Technologies (UTX), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW), Spirit AeroSystems (SPR) and Hexcel (HXL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Boeing (BA), Walt Disney (DIS), Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), Home Depot (HD), Alibaba Group (BABA), Cisco Systems (CSCO), Intel (INTC) and Netflix (NFLX).

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

Lockheed Martin's stock is owned by a variety 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.

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 activity for Lockheed Martin.

LMT stock was acquired 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 RNC 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 activity for 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.

One share of LMT stock can currently be purchased for approximately $348.38.

Lockheed Martin has a market capitalization of $98.14 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.

The official website for Lockheed Martin is http://www.lockheedmartin.com/.

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]