NYSE:LMTLockheed Martin Stock Price, Forecast & News

Lockheed Martin's stock was trading at $356.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LMT shares have increased by 11.6% and is now trading at $398.44. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 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, July 28th 2020. View our earnings forecast for Lockheed Martin.

Lockheed Martin Co. (NYSE:LMT) announced its quarterly earnings results on Tuesday, April, 21st. The aerospace company reported $6.08 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $5.80 by $0.28. The aerospace company had revenue of $15.65 billion for the quarter, compared to the consensus estimate of $15.07 billion. Lockheed Martin had a net margin of 10.21% and a return on equity of 185.10%. The business's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $5.99 EPS. View Lockheed Martin's earnings history.

Lockheed Martin declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, June 1st will be given a dividend of $2.40 per share on Friday, June 26th. This represents a $9.60 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, May 29th. View Lockheed Martin's dividend history.

Lockheed Martin announced that its Board of Directors has approved a share buyback program on Thursday, September 26th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Lockheed Martin updated its FY20 earnings guidance on Tuesday, April, 21st. The company provided EPS guidance of $23.65-23.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $24.03. The company issued revenue guidance of $62.25-64.0 billion, compared to the consensus revenue estimate of $62.74 billion.

16 analysts have issued 1 year target prices for Lockheed Martin's stock. Their forecasts range from $360.00 to $520.00. On average, they anticipate Lockheed Martin's share price to reach $439.00 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for Lockheed Martin.

News articles about LMT stock have trended extremely negative recently, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lockheed Martin earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave press coverage about the aerospace company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLockheed Martin.

Lockheed Martin saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,080,000 shares, a decrease of 23.2% from the April 30th total of 2,710,000 shares. Based on an average trading volume of 1,870,000 shares, the short-interest ratio is presently 1.1 days. Currently, 0.7% of the company's shares are sold short. 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), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD), Hexcel (HXL) and Spirit AeroSystems (SPR). View all competitors.

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

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

Lockheed Martin's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (15.07%), BlackRock Inc. (6.57%), Capital World Investors (6.14%), Wellington Management Group LLP (4.07%), Geode Capital Management LLC (1.28%) and Capital Research Global Investors (1.24%). 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 Capital Research Global Investors, Johanson Financial Advisors Inc., State Street Corp, Two Sigma Advisers LP, AQR Capital Management LLC, Bessemer Group Inc., Caisse DE Depot ET Placement DU Quebec, and State of Michigan Retirement System. Company insiders that have sold Lockheed Martin company stock in the last year include Brian P Colan, 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 Capital World Investors, Capital International Investors, Waddell & Reed Financial Inc., Ziegler Capital Management LLC, The Manufacturers Life Insurance Company , Alliancebernstein L.P., State of Tennessee Treasury Department, and Balyasny Asset 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 $398.44.

Lockheed Martin has a market capitalization of $111.74 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.

The official website for Lockheed Martin is 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]