Northrop Grumman Corporation operates as a security company for government and commercial customers worldwide. It provides products, systems, and solutions in autonomous systems; cyber; command, control, communications and computers, intelligence, surveillance, and reconnaissance (C4ISR); strike; and logistics and modernization. The company operates through three segments: Aerospace Systems, Mission Systems, and Technology Services. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems. This segment sells its products primarily to the Department of Defense (DoD) and other U.S. government agencies for use in various areas, including intelligence, surveillance, and reconnaissance; strike operations; communications; earth observation; and space science and exploration. The Mission Systems segment offers mission solutions and multifunction systems, including C4ISR systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; cyber solutions; space systems; intelligence processing systems; air and missile defense integration; navigation; and shipboard missile and encapsulated payload launch systems for the DoD, intelligence community, international, federal-civil, and commercial customers. The Technology Services segment provides software and system sustainment, training, and integrated logistics support solutions, as well as engages in the modernization of platforms and associated subsystems. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Search & navigation equipment
Sub-IndustryAerospace & Defense
SectorAerospace
Current SymbolNYSE:NOC
Previous Symbol
CUSIP66680710
Phone703-280-2900
Debt
Debt-to-Equity Ratio1.53
Current Ratio1.26
Quick Ratio1.17
Price-To-Earnings
Trailing P/E Ratio19.36
Forward P/E Ratio13.50
P/E Growth0.99
Sales & Book Value
Annual Sales$25.80 billion
Price / Sales1.73
Cash Flow$15.7944 per share
Price / Cash Flow16.29
Book Value$40.49 per share
Price / Book6.35
Profitability
EPS (Most Recent Fiscal Year)$13.28
Net Income$2.02 billion
Net Margins9.62%
Return on Equity38.27%
Return on Assets8.46%
Miscellaneous
Employees70,000
Outstanding Shares173,620,000
Market Cap$45.61 billion
OptionableOptionable
Northrop Grumman (NYSE:NOC) Frequently Asked Questions
What is Northrop Grumman's stock symbol?
Northrop Grumman trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOC."
How often does Northrop Grumman pay dividends? What is the dividend yield for Northrop Grumman?
Northrop Grumman declared a quarterly dividend on Wednesday, November 14th. Shareholders of record on Monday, December 3rd will be given a dividend of $1.20 per share on Wednesday, December 19th. This represents a $4.80 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Friday, November 30th. View Northrop Grumman's Dividend History.
How will Northrop Grumman's stock buyback program work?
Northrop Grumman declared that its board has initiated a share buyback plan on Tuesday, December 4th 2018, which authorizes the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its shares are undervalued.
How were Northrop Grumman's earnings last quarter?
Northrop Grumman Co. (NYSE:NOC) posted its quarterly earnings data on Wednesday, October, 24th. The aerospace company reported $6.54 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $4.35 by $2.19. The aerospace company had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $7.99 billion. Northrop Grumman had a return on equity of 38.27% and a net margin of 9.62%. The firm's quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.67 earnings per share. View Northrop Grumman's Earnings History.
When is Northrop Grumman's next earnings date?
What guidance has Northrop Grumman issued on next quarter's earnings?
Northrop Grumman issued an update on its FY18 earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $18.75-19.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.92. The company issued revenue guidance of ~$30 billion, compared to the consensus revenue estimate of $29.98 billion.Northrop Grumman also updated its FY 2018 guidance to $18.75-19.00 EPS.
What price target have analysts set for NOC?
16 equities research analysts have issued 1 year price targets for Northrop Grumman's shares. Their forecasts range from $280.00 to $431.00. On average, they anticipate Northrop Grumman's stock price to reach $347.50 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Northrop Grumman.
What is the consensus analysts' recommendation for Northrop Grumman?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Northrop Grumman.
Has Northrop Grumman been receiving favorable news coverage?
Media coverage about NOC stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Northrop Grumman earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the immediate future.
Who are some of Northrop Grumman's key competitors?
Who are Northrop Grumman's key executives?
Northrop Grumman's management team includes the folowing people:
- Mr. Wesley G. Bush, Chairman & CEO (Age 57)
- Ms. Kathy J. Warden, Pres, COO & Director (Age 46)
- Mr. Kenneth L. Bedingfield, Corp. VP & CFO (Age 45)
- Mr. Janis G. Pamiljans, Corp. VP & Pres of Aerospace Systems Sector
- Mr. Rajender K. Chandhok, VP of Trust Admin. and Investments (Age 68)
Who are Northrop Grumman's major shareholders?
Northrop Grumman's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc (7.83%), BlackRock Inc. (7.40%), FMR LLC (4.04%), Capital World Investors (2.74%), Massachusetts Financial Services Co. MA (2.71%) and Capital International Investors (2.61%). Company insiders that own Northrop Grumman stock include Ann M Fudge, Christopher T Jones, David T Perry, Denise M Peppard, Gloria A Flach, Janis G Pamiljans, Kenneth L Bedingfield, Lesley A Kalan, Lisa R Davis, Mark A Caylor, Michael A Hardesty, Patrick M Antkowiak, Shawn N Purvis, Sheila C Cheston, Sid Ashworth, Thomas E Vice and Wesley G Bush. View Institutional Ownership Trends for Northrop Grumman.
Which major investors are selling Northrop Grumman stock?
NOC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, AQR Capital Management LLC, JPMorgan Chase & Co., Point72 Asset Management L.P., Alliancebernstein L.P., Mitsubishi UFJ Trust & Banking Corp and Janus Henderson Group PLC. Company insiders that have sold Northrop Grumman company stock in the last year include David T Perry, Denise M Peppard, Janis G Pamiljans, Kenneth L Bedingfield, Lesley A Kalan, Mark A Caylor, Michael A Hardesty, Patrick M Antkowiak, Shawn N Purvis, Sheila C Cheston and Wesley G Bush. View Insider Buying and Selling for Northrop Grumman.
Which major investors are buying Northrop Grumman stock?
NOC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Capital World Investors, Massachusetts Financial Services Co. MA, Macquarie Group Ltd., State of New Jersey Common Pension Fund D, Vanguard Group Inc, Morgan Stanley and Winslow Capital Management LLC. View Insider Buying and Selling for Northrop Grumman.
How do I buy shares of Northrop Grumman?
Shares of NOC 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 Northrop Grumman's stock price today?
One share of NOC stock can currently be purchased for approximately $257.7785.
How big of a company is Northrop Grumman?
Northrop Grumman has a market capitalization of $45.61 billion and generates $25.80 billion in revenue each year. The aerospace company earns $2.02 billion in net income (profit) each year or $13.28 on an earnings per share basis. Northrop Grumman employs 70,000 workers across the globe.
What is Northrop Grumman's official website?
How can I contact Northrop Grumman?
Northrop Grumman's mailing address is 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA, 22042. The aerospace company can be reached via phone at 703-280-2900 or via email at [email protected]
MarketBeat Community Rating for Northrop Grumman (NYSE NOC)
MarketBeat's community ratings are surveys of what our community members think about Northrop Grumman and other stocks. Vote "Outperform" if you believe NOC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOC will underperform the S&P 500 over the long term. You may vote once every thirty days.
