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 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 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 1909 and is based in Bethesda, Maryland.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Guided missiles & space vehicles & parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:LMT
CUSIP53983010
Phone301-897-6000
Debt
Debt-to-Equity Ratio28.14
Current Ratio1.19
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio24.39
Forward P/E Ratio18.89
P/E Growth2.48
Sales & Book Value
Annual Sales$51.05 billion
Price / Sales1.81
Cash Flow$18.2508 per share
Price / Cash17.82
Book Value($2.12) per share
Price / Book-153.41
Profitability
EPS (Most Recent Fiscal Year)$13.33
Net Income$2.00 billion
Net Margins5.00%
Return on Equity944.31%
Return on Assets9.75%
Miscellaneous
Employees100,000
Outstanding Shares284,780,000
Market Cap$89.17 billion
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, June 28th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $2.00 per share on Friday, September 28th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Friday, August 31st. View Lockheed Martin's Dividend History.
How will Lockheed Martin's stock buyback program work?
Lockheed Martin announced that its Board of Directors has approved a share repurchase program on Friday, September 29th 2017, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.
How were Lockheed Martin's earnings last quarter?
Lockheed Martin Co. (NYSE:LMT) posted its quarterly earnings results on Tuesday, July, 24th. The aerospace company reported $4.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.92 by $0.39. The aerospace company had revenue of $13.40 billion for the quarter, compared to analysts' expectations of $12.72 billion. Lockheed Martin had a return on equity of 944.31% and a net margin of 5.00%. The firm's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.23 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 FY18 earnings guidance on Tuesday, July, 24th. The company provided earnings per share guidance of $16.75-17.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.17. The company issued revenue guidance of $51.60-53.10 billion, compared to the consensus revenue estimate of $51.43 billion.
What price target have analysts set for LMT?
17 equities research analysts have issued 12 month price objectives for Lockheed Martin's stock. Their forecasts range from $340.00 to $412.00. On average, they expect Lockheed Martin's share price to reach $375.3125 in the next year. This suggests a possible upside of 15.4% 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 and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lockheed Martin.
Who are some of Lockheed Martin's key competitors?
Some companies that are related to Lockheed Martin include Boeing (BA), AIRBUS SE/ADR (EADSY), General Dynamics (GD), Raytheon (RTN), SAFRAN/ADR (SAFRY), Northrop Grumman (NOC), BAE SYS PLC/S (BAESY), Rolls-Royce (RYCEY), Rockwell Collins (COL), TransDigm Group (TDG), L3 Technologies (LLL), Textron (TXT), MTU AERO ENGINE/ADR (MTUAY), Leidos (LDOS) and Huntington Ingalls Industries (HII).
Who are Lockheed Martin's key executives?
Lockheed Martin's management team includes the folowing people:
- Ms. Marillyn A. Hewson, Chairman, Pres & CEO (Age 64)
- Mr. Bruce L. Tanner, Exec. VP & CFO (Age 59)
- Ms. Maryanne R. Lavan, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59)
- Mr. Dale P. Bennett, Exec. VP of Rotary & Mission Systems (Age 61)
- Mr. Orlando P. Carvalho, Exec. VP of Aeronautics (Age 59)
Has Lockheed Martin been receiving favorable news coverage?
News headlines about LMT stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lockheed Martin earned a media and rumor sentiment score of 0.14 on Accern's scale. They also assigned media stories about the aerospace company an impact score of 49.50 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Lockheed Martin.
Who are Lockheed Martin's major shareholders?
Lockheed Martin's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.06%), Morgan Stanley (1.22%), Massachusetts Financial Services Co. MA (0.90%), FMR LLC (0.82%), Bank of New York Mellon Corp (0.78%) and OppenheimerFunds Inc. (0.63%). Company insiders that own Lockheed Martin stock include Brian P Colan, Dale P Bennett, Daniel F Akerson, Marillyn A Hewson, Maryanne Lavan, Orlando D Carvalho and Richard F Ambrose. View Institutional Ownership Trends for Lockheed Martin.
Which institutional investors are selling Lockheed Martin stock?
LMT stock was sold by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Canada Pension Plan Investment Board, CIBC World Markets Inc., Millennium Management LLC, Standard Life Aberdeen plc, Point72 Asset Management L.P., Sawgrass Asset Management LLC and Advisors Asset Management Inc.. Company insiders that have sold Lockheed Martin company stock in the last year include Dale P Bennett, Marillyn A Hewson, Maryanne Lavan and Richard F Ambrose. View Insider Buying and Selling for Lockheed Martin.
Which institutional investors are buying Lockheed Martin stock?
LMT stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., American Century Companies Inc., Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, Morgan Stanley, California Public Employees Retirement System, Bank of Montreal Can and Renaissance Technologies LLC. 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 $325.23.
How big of a company is Lockheed Martin?
Lockheed Martin has a market capitalization of $89.17 billion and generates $51.05 billion in revenue each year. The aerospace company earns $2.00 billion in net income (profit) each year or $13.33 on an earnings per share basis. Lockheed Martin employs 100,000 workers across the globe.
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.
