NYSE:LMT

Lockheed Martin Stock Forecast, Price & News

$390.34
+3.00 (+0.77 %)
(As of 05/7/2021 12:00 AM ET)
Add
Compare
Today's Range
$385.89
$392.60
50-Day Range
$353.61
$391.81
52-Week Range
$319.81
$417.62
Volume1.20 million shs
Average Volume1.80 million shs
Market Capitalization$108.49 billion
P/E Ratio16.82
Dividend Yield2.68%
Beta0.92
30 days | 90 days | 365 days | Advanced Chart
Receive LMT News and Ratings via Email

Sign-up to receive the latest news and ratings for Lockheed Martin and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP53983010
Phone301-897-6000
Employees114,000
Year Founded1995

Sales & Book Value

Annual Sales$59.81 billion
Cash Flow$29.71 per share
Book Value$11.24 per share

Profitability

Net Income$6.23 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap$108.49 billion
Next Earnings Date7/20/2021 (Estimated)
OptionableOptionable

Social Links

Headlines

See More Headlines
Lockheed Martin logo

About Lockheed Martin

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; 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 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. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

MarketRank

Overall MarketRank

2.25 out of 5 stars

Aerospace Sector

4th out of 75 stocks

Guided Missiles & Space Vehicles & Parts Industry

1st out of 5 stocks

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Lockheed Martin (NYSE:LMT) Frequently Asked Questions

Is Lockheed Martin a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lockheed Martin stock.
View analyst ratings for Lockheed Martin
or view top-rated stocks.

What stocks does MarketBeat like better than Lockheed Martin?

Wall Street analysts have given Lockheed Martin a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lockheed Martin wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Lockheed Martin?

Lockheed Martin saw a increase in short interest in March. As of March 31st, there was short interest totaling 4,010,000 shares, an increase of 31.5% from the March 15th total of 3,050,000 shares. Based on an average trading volume of 1,950,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.4% of the company's stock are sold short.
View Lockheed Martin's Short Interest
.

When is Lockheed Martin's next earnings date?

Lockheed Martin is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Lockheed Martin
.

How were Lockheed Martin's earnings last quarter?

Lockheed Martin Co. (NYSE:LMT) announced its quarterly earnings data on Monday, April, 19th. The aerospace company reported $6.56 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $6.32 by $0.24. The aerospace company had revenue of $16.26 billion for the quarter, compared to the consensus estimate of $16.42 billion. Lockheed Martin had a trailing twelve-month return on equity of 173.43% and a net margin of 10.18%. The business's revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $6.08 earnings per share.
View Lockheed Martin's earnings history
.

How has Lockheed Martin's stock price been impacted by COVID-19 (Coronavirus)?

Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LMT shares have increased by 9.4% and is now trading at $390.34.
View which stocks have been most impacted by COVID-19
.

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

Lockheed Martin announced a quarterly dividend on Wednesday, April 21st. Stockholders of record on Tuesday, June 1st will be paid a dividend of $2.60 per share on Friday, June 25th. This represents a $10.40 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Friday, May 28th.
View Lockheed Martin's dividend history
.

Is Lockheed Martin a good dividend stock?

Lockheed Martin pays an annual dividend of $10.40 per share and currently has a dividend yield of 2.68%. Lockheed Martin has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lockheed Martin is 47.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lockheed Martin will have a dividend payout ratio of 39.65% next year. This indicates that Lockheed Martin will be able to sustain or increase its dividend.
View Lockheed Martin's dividend history.

How will Lockheed Martin's stock buyback program work?

Lockheed Martin declared that its board has authorized a stock repurchase program on Thursday, September 26th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1% of its stock through open market purchases. Stock buyback programs are generally an indication 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 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of 26.400-26.700 for the period, compared to the Thomson Reuters consensus estimate of $26.310. The company issued revenue guidance of $67.30 billion-$68.70 billion, compared to the consensus revenue estimate of $68.17 billion.

What price target have analysts set for LMT?

10 Wall Street analysts have issued 1 year price objectives for Lockheed Martin's shares. Their forecasts range from $334.00 to $500.00. On average, they expect Lockheed Martin's stock price to reach $427.11 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for Lockheed Martin
or view top-rated stocks among Wall Street analysts.

Who are Lockheed Martin's key executives?

Lockheed Martin's management team includes the following people:
  • Mr. James D. Taiclet Jr., Chairman, Pres & CEO (Age 60, Pay $5.52M)
  • Mr. Kenneth R. Possenriede, Chief Financial Officer (Age 60, Pay $3.51M)
  • Mr. Frank A. St. John, Chief Operating Officer (Age 54, Pay $4.57M)
  • Ms. Marillyn A. Hewson, Strategic Adviser to CEO (Age 67, Pay $13.24M)
  • Mr. Richard F. Ambrose, Exec. VP of Space (Age 62, Pay $4.31M)
  • Mr. Brian P. Colan, VP, Controller & Chief Accounting Officer (Age 60)
  • Ms. Dana Jackson, Chief Technology Officer (Age 51)
  • Mr. Greg Gardner, VP of Investor Relations
  • Ms. Maryanne R. Lavan, Sr. VP, Gen. Counsel & Corp. Sec. (Age 62)
  • Mr. Dean Acosta, Sr. VP & Chief Communications Officer

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

147 employees have rated Lockheed Martin CEO James D. Taiclet on Glassdoor.com. James D. Taiclet has an approval rating of 92% among Lockheed Martin's employees. This puts James D. Taiclet in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Lockheed Martin's key competitors?

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), The Boeing (BA), NVIDIA (NVDA), The Walt Disney (DIS), The 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.86%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), The Manufacturers Life Insurance Company (0.30%), The PNC Financial Services Group Inc. (0.23%), Alliancebernstein L.P. (0.17%) and Rhumbline Advisers (0.15%). Company insiders that own Lockheed Martin stock include Brian P Colan, 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 major investors are selling Lockheed Martin stock?

LMT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., The PNC Financial Services Group Inc., Robeco Institutional Asset Management B.V., Nisa Investment Advisors LLC, Sabal Trust CO, Huntington National Bank, Sumitomo Mitsui Trust Holdings Inc., and Valeo Financial Advisors LLC. Company insiders that have sold Lockheed Martin company stock in the last year include John Frank A St, Maryanne Lavan, and Richard F Ambrose.
View insider buying and selling activity for Lockheed Martin
or view top insider-selling stocks.

Which major investors are buying Lockheed Martin stock?

LMT stock was bought by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, Capital Wealth Planning LLC, Hamlin Capital Management LLC, BNP Paribas Arbitrage SA, Focused Investors LLC, Bank of Nova Scotia, Sather Financial Group Inc, and The Manufacturers Life Insurance Company .
View insider buying and selling activity for Lockheed Martin
or or view top insider-buying stocks.

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 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 $390.34.

How much money does Lockheed Martin make?

Lockheed Martin has a market capitalization of $108.49 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.

How many employees does Lockheed Martin have?

Lockheed Martin employs 114,000 workers across the globe.

When was Lockheed Martin founded?

Lockheed Martin was founded in 1995.

What is Lockheed Martin's official website?

The official website for Lockheed Martin is www.lockheedmartin.com.

Where are Lockheed Martin's headquarters?

Lockheed Martin is headquartered at 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817.

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]


This page was last updated on 5/9/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.