Northrop Grumman (NOC) Stock Price, News & Analysis

Company Overview

Northrop Grumman Corporation is a leading global aerospace and defense technology company headquartered in Falls Church, Virginia. The firm traces its roots to the founding of the Northrop Corporation in 1939 and expanded significantly through the 1994 merger with Grumman Corporation. Today, Northrop Grumman maintains a broad portfolio of advanced systems and solutions designed to meet critical security and space requirements for government and commercial customers.

The company operates across several core business areas, including Aerospace Systems, Mission Systems, Defense Systems, and Innovation Systems. Its product offerings range from strategic and tactical aircraft—such as the B-2 Spirit stealth bomber and the E-2D Advanced Hawkeye—unmanned aerial systems like the RQ-4 Global Hawk, to space-based assets including the James Webb Space Telescope. In the defense space, Northrop Grumman develops missile defense radars, precision weapons, cybersecurity platforms, and command-and-control networks.

Northrop Grumman serves the U.S. Department of Defense, allied governments, and commercial customers around the world. The company maintains operations and facilities across North America, Europe, the Asia-Pacific region, and the Middle East, providing localized support and integration services. Its international footprint includes engineering centers, manufacturing plants, and strategic partnerships that extend its reach into emerging and established defense markets.

Since January 2018, Kathy J. Warden has led Northrop Grumman as President and Chief Executive Officer, overseeing strategic initiatives in innovation, digital transformation, and sustainability. Under her leadership, the company continues to invest in next-generation technologies such as artificial intelligence, autonomy, and advanced space systems to address evolving defense and security challenges worldwide.

Key Stats

• Today's Range: $631.37 to $640.90
• 50-Day Range: $571.63 to $638.40
• 52-Week Range: $426.24 to $640.90
• Volume: 1.01 million shs
• Average Volume: 776,719 shs
• Market Capitalization: $90.95 billion
• P/E Ratio: 23.41
• Dividend Yield: 1.45%
• Price Target: $601.00
• Consensus Rating: Moderate Buy

Northrop Grumman Stock Analysis - MarketRank™

Northrop Grumman scored higher than 87% of companies evaluated by MarketBeat, and ranked 10th out of 57 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Northrop Grumman has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

Downside Risk

Northrop Grumman has a consensus price target of $601.00, representing about 5.4% downside from its current price of $635.23.

Amount of Analyst Coverage

Northrop Grumman has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.35%

Earnings Growth

Earnings for Northrop Grumman are expected to grow by 3.35% in the coming year, from $28.05 to $28.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Northrop Grumman is 23.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Northrop Grumman is 23.41, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 85.78.

Price to Earnings Growth Ratio

Northrop Grumman has a PEG Ratio of 6.10. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Northrop Grumman has a P/B Ratio of 6.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.10% of the float of Northrop Grumman has been sold short.

Short Interest Ratio / Days to Cover

Northrop Grumman has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northrop Grumman has recently decreased by 10.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Northrop Grumman pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Northrop Grumman has been increasing its dividend for 22 years.

Dividend Coverage

The dividend payout ratio of Northrop Grumman is 34.06%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Northrop Grumman will have a dividend payout ratio of 31.87% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -1.57

Percentage of Shares Shorted

1.10% of the float of Northrop Grumman has been sold short.

Short Interest Ratio / Days to Cover

Northrop Grumman has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northrop Grumman has recently decreased by 10.29%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.18

News Sentiment

Northrop Grumman has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 47 news articles for Northrop Grumman this week, compared to 31 articles on an average week.

Search Interest

33 people have searched for NOC on MarketBeat in the last 30 days. This is an increase of 106% compared to the previous 30 days.

MarketBeat Follows

26 people have added Northrop Grumman to their MarketBeat watchlist in the last 30 days. This is an increase of 44% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Northrop Grumman insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.23% of the stock of Northrop Grumman is held by insiders.

Percentage Held by Institutions

83.40% of the stock of Northrop Grumman is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NOC Stock Analysis - Frequently Asked Questions

How have NOC shares performed this year?

Northrop Grumman's stock was trading at $469.29 at the beginning of 2025. Since then, NOC shares have increased by 35.4% and is now trading at $635.23.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Corporation (NYSE:NOC) posted its quarterly earnings results on Tuesday, July, 22nd. The aerospace company reported $7.11 earnings per share for the quarter, beating the consensus estimate of $6.84 by $0.27. The business's revenue was up 1.3% compared to the same quarter last year.
Read the conference call transcript.

Is Northrop Grumman doing a stock buyback?

Northrop Grumman's board approved a share buyback plan on Wednesday, December 11th 2024, which permits the company to buy back $3,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 4.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.

Does Northrop Grumman have any subsidiaries?

Northrop Grumman subsidiaries include Orbital ATK, Northrop Grumman Integrated Defence Services, Qantas Defence Services, M5 Network Security, Sonoma Photonics, 3001 International, Xinetics, and others.

Who are Northrop Grumman's major shareholders?

Top institutional shareholders of Northrop Grumman include LVM Capital Management Ltd. MI (0.03%), Czech National Bank (0.02%), Talbot Financial LLC (0.02%) and Gradient Investments LLC (0.02%). Insiders that own company stock include Kathy J Warden, Sheila C Cheston, Mark A Caylor, David T Perry, Thomas H Jones, Mark A Welsh III, Michael A Hardesty, Kathryn G Simpson, Robert J Fleming, Roshan S Roeder and Benjamin R Davies.
View institutional ownership trends.

How do I buy shares of Northrop Grumman?

Shares of NOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Northrop Grumman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northrop Grumman investors own include NVIDIA (NVDA), Verizon Communications (VZ), Meta Platforms (META), Humana (HUM), American Water Works (AWK), Advanced Micro Devices (AMD) and Waste Connections (WCN).

Company Calendar

• Last Earnings: 7/22/2025
• Record date for 9/17 Dividend: 9/02/2025
• Ex-Dividend for 9/17 Dividend: 9/02/2025
• Dividend Payable: 9/17/2025
• Today: 10/09/2025
• Next Earnings (Estimated): 10/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: AEROSP/DEFENSE
• Sub-Industry: Aerospace & Defense
• Current Symbol: NYSE:NOC
• CIK: 1133421
• Web: www.northropgrumman.com
• Phone: (703) 280-2900
• Fax: 302-655-5049
• Employees: 97,000
• Year Founded: 1939

Price Target and Rating

• Average Price Target for Northrop Grumman: $601.00
• High Price Target: $700.00
• Low Price Target: $521.00
• Potential Upside/Downside: -5.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $27.13
• Trailing P/E Ratio: 23.41
• Forward P/E Ratio: 22.65
• P/E Growth: 6.1
• Net Income: $4.17 billion
• Net Margins: 9.74%
• Pretax Margin: 11.71%
• Return on Equity: 25.52%
• Return on Assets: 7.89%

Debt

• Debt-to-Equity Ratio: 0.98
• Current Ratio: 1.04
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $41.03 billion
• Price / Sales: 2.22
• Cash Flow: $35.85 per share
• Price / Cash Flow: 17.72
• Book Value: $105.63 per share
• Price / Book: 6.01

Miscellaneous

• Outstanding Shares: 143,180,000
• Free Float: 142,854,000
• Market Cap: $90.95 billion
• Optionable: Optionable
• Beta: 0.10