Lockheed Martin - LMT Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.
View LMT analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued 12-month price targets for Lockheed Martin's stock. Their LMT share price forecasts range from $375.00 to $539.00. On average, they expect the company's share price to reach $448.00 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price.
View analysts price targets for LMT or view top-rated stocks among Wall Street analysts.

Lockheed Martin's stock was trading at $355.41 on January 1st, 2022. Since then, LMT stock has increased by 23.8% and is now trading at $440.03.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our LMT earnings forecast.

Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings results on Tuesday, July, 19th. The aerospace company reported $1.16 EPS for the quarter, missing the consensus estimate of $6.39 by $5.23. The aerospace company had revenue of $15.45 billion for the quarter, compared to analyst estimates of $16.02 billion. Lockheed Martin had a net margin of 7.33% and a trailing twelve-month return on equity of 69.02%. The firm's quarterly revenue was down 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $7.13 earnings per share.
Read the conference call transcript.

Lockheed Martin declared a quarterly dividend on Thursday, June 23rd. Stockholders of record on Thursday, September 1st will be paid a dividend of $2.80 per share on Friday, September 23rd. This represents a $11.20 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for LMT.

Lockheed Martin (NYSE:LMT) pays an annual dividend of $11.20 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 64.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMT will have a dividend payout ratio of 39.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMT.

Lockheed Martin announced that its board has authorized a share repurchase plan on Thursday, September 23rd 2021, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Lockheed Martin issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of $21.55-$21.55 for the period, compared to the consensus estimate of $26.85. The company issued revenue guidance of $65.25 billion-$65.25 billion, compared to the consensus revenue estimate of $65.98 billion.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Lockheed Martin investors own include Johnson & Johnson (JNJ), Boeing (BA), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Alibaba Group (BABA) 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 many different institutional and retail investors. Top institutional investors include State Street Corp (14.52%), FMR LLC (2.25%), Wells Fargo & Company MN (1.00%), Northern Trust Corp (0.92%), Franklin Resources Inc. (0.92%) and GQG Partners LLC (0.77%). Insiders that own company stock include Brian P Colan, Brian P Colan, Gregory M Ulmer, John Donovan, John Frank A St, John Frank A St, Kenneth R Possenriede, Marillyn A Hewson, Maryanne Lavan, Michele A Evans, Richard F Ambrose, Richard F Ambrose and Stephanie C Hill.
View institutional ownership trends.

Shares of LMT stock 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.

One share of LMT stock can currently be purchased for approximately $440.03.

Lockheed Martin (NYSE:LMT) has a market capitalization of $116.67 billion and generates $67.04 billion in revenue each year. The aerospace company earns $6.32 billion in net income (profit) each year or $17.28 on an earnings per share basis.

The company employs 114,000 workers across the globe.

Lockheed Martin was founded in 1995.

Lockheed Martin's mailing address is 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817. The official website for the company is www.lockheedmartin.com. The aerospace company can be reached via phone at (301) 897-6000, via email at greg.m.gardner@lmco.com, or via fax at 301-897-6919.