NYSE:NOC Northrop Grumman (NOC) Stock Forecast, Price & News $454.26 -1.21 (-0.27%) (As of 04:33 PM ET) Add Compare Share Share Today's Range$454.19▼$459.7150-Day Range$433.51▼$479.4752-Week Range$429.10▼$556.27Volume640,518 shsAverage Volume938,423 shsMarket Capitalization$68.98 billionP/E Ratio14.70Dividend Yield1.65%Price Target$509.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Northrop Grumman MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside11.9% Upside$509.00 Price TargetShort InterestHealthy0.90% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.57Upright™ Environmental ScoreNews Sentiment0.46Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth9.08%From $22.57 to $24.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsAerospace Sector10th out of 45 stocksSearch & Navigation Equipment Industry3rd out of 11 stocks 2.2 Analyst's Opinion Consensus RatingNorthrop Grumman has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $509.00, Northrop Grumman has a forecasted upside of 11.9% from its current price of $454.90.Amount of Analyst CoverageNorthrop Grumman has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.90% of the float of Northrop Grumman has been sold short.Short Interest Ratio / Days to CoverNorthrop Grumman has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Northrop Grumman has recently decreased by 6.21%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldNorthrop Grumman pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNorthrop Grumman has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Northrop Grumman is 24.20%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Northrop Grumman will have a dividend payout ratio of 30.38% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNorthrop Grumman has received a -227.65% net impact score from Upright. The largest negative impact of Northrop Grumman in category "Societal stability & understanding among people" seems to be driven mostly by its "Unmanned aerial vehicle launch platforms", "Military radars", and "Military aircraft" products. See details.Environmental SustainabilityThe Environmental Impact score for Northrop Grumman is -1.57. Previous Next 1.4 News and Social Media Coverage News SentimentNorthrop Grumman has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Aerospace companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Northrop Grumman this week, compared to 11 articles on an average week.Search InterestOnly 33 people have searched for NOC on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Northrop Grumman to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Northrop Grumman insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.26% of the stock of Northrop Grumman is held by insiders.Percentage Held by Institutions84.32% of the stock of Northrop Grumman is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Northrop Grumman are expected to grow by 9.08% in the coming year, from $22.57 to $24.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northrop Grumman is 14.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Northrop Grumman is 14.72, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 15.16.Price to Earnings Growth RatioNorthrop Grumman has a PEG Ratio of 5.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNorthrop Grumman has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Northrop Grumman (NYSE:NOC) StockNorthrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.Read More Receive NOC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northrop Grumman and its competitors with MarketBeat's FREE daily newsletter. Email Address NOC Stock News HeadlinesJune 8, 2023 | finance.yahoo.comRaytheon (RTX) Wins $2B Contract for F135 Propulsion SystemJune 7, 2023 | seekingalpha.comNorthrop Grumman Has Much To Gain From Nuclear ModernizationJune 9, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 7, 2023 | finance.yahoo.comWhat Makes Northrop Grumman Corporation (NOC) Unique?June 4, 2023 | thestreet.comNorthrop Grumman (NOC) Stock Pops on $80 Billion Bomber Contract, Cramer's TakeJune 3, 2023 | seekingalpha.comNorthrop Grumman: A Shareholder-Friendly Defense StockJune 1, 2023 | seekingalpha.comNorthrop Grumman Corp (NOC) 2023 Bernstein's 39th Annual Strategic Decisions Conference TranscriptJune 1, 2023 | finance.yahoo.comNorthrop Grumman Rapidly Prepares for Next-Generation Relay Ground Stations in the Pacific RegionJune 9, 2023 | Behind the Markets (Ad)Why Your IRA Could Crash on June 16thChina will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.May 27, 2023 | americanbankingnews.comNorthrop Grumman (NYSE:NOC) Reaches New 12-Month Low at $429.10May 26, 2023 | benzinga.com$1000 Invested In Northrop Grumman 10 Years Ago Would Be Worth This Much TodayMay 25, 2023 | msn.comAeroVironment plunges after U.S. Army drops from drone competitionMay 25, 2023 | americanbankingnews.comNorthrop Grumman Co. (NYSE:NOC) Announces Dividend Increase - $1.87 Per ShareMay 24, 2023 | finance.yahoo.comHere’s Why Northrop Grumman Corporation (NOC) Declined in Q1May 22, 2023 | msn.comUnusual Put Option Trade in Northrop Grumman (NOC) Worth $3,825.00KMay 21, 2023 | americanbankingnews.comNorthrop Grumman Co. (NYSE:NOC) Receives $505.00 Average Price Target from AnalystsMay 20, 2023 | finance.yahoo.comNorthrop Grumman (NYSE:NOC) Is Paying Out A Larger Dividend Than Last YearMay 19, 2023 | msn.comDividend Roundup: Johnson & Johnson, Northrop Grumman, JPMorgan and moreMay 19, 2023 | finance.yahoo.comNASA to name second company to build astronaut lunar landerMay 18, 2023 | finance.yahoo.comNorthrop Grumman to Participate in Bernstein’s 39th Annual Strategic Decisions ConferenceMay 18, 2023 | americanbankingnews.comNorthrop Grumman (NYSE:NOC) Coverage Initiated by Analysts at StockNews.comMay 17, 2023 | news.yahoo.comNew Views Of Northrop Grumman's Totally Notional Long-Range Stealth FighterMay 17, 2023 | msn.comNorthrop Grumman (NOC) Declares $1.87 DividendMay 17, 2023 | americanbankingnews.comZacks Research Analysts Decrease Earnings Estimates for Northrop Grumman Co. (NYSE:NOC)May 16, 2023 | finance.yahoo.comNorthrop Grumman Increases Quarterly Dividend 8 Percent to $1.87May 16, 2023 | finance.yahoo.comGeneral Dynamics (GD) Wins Deal to Support Abrams Battle TanksMay 15, 2023 | finance.yahoo.comNorthrop Grumman Delivers Transformative Integrated Battle Command System for Poland’s WISŁA Air Defense ProgramSee More Headlines NOC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NOC Company Calendar Ex-Dividend for 3/15 Dividend2/24/2023Dividend Payable3/15/2023Last Earnings4/27/2023Ex-Dividend for 6/14 Dividend5/26/2023Today6/09/2023Dividend Payable6/14/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Search & navigation equipment Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNYSE:NOC CUSIP66680710 CIK1133421 Webwww.northropgrumman.com Phone(703) 280-2900Fax302-655-5049Employees95,000Year Founded1939Price Target and Rating Average Stock Price Forecast$509.00 High Stock Price Forecast$655.00 Low Stock Price Forecast$375.00 Forecasted Upside/Downside+11.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$30.91 Trailing P/E Ratio14.74 Forward P/E Ratio20.19 P/E Growth5.29Net Income$4.90 billion Net Margins12.89% Pretax Margin15.33% Return on Equity26.61% Return on Assets8.95% Debt Debt-to-Equity Ratio0.91 Current Ratio1.22 Quick Ratio1.12 Sales & Book Value Annual Sales$36.60 billion Price / Sales1.89 Cash Flow$34.92 per share Price / Cash Flow13.05 Book Value$100.04 per share Price / Book4.56Miscellaneous Outstanding Shares151,860,000Free Float151,464,000Market Cap$69.20 billion OptionableOptionable Beta0.51 Social Links Key ExecutivesKathy J. WardenChairman, President & Chief Executive OfficerMatthew F. BrombergVice President-Global OperationsDavid F. KefferChief Financial Officer & Vice PresidentJohn RussellChief Information Officer & Vice PresidentRichard Scott StappChief Technology OfficerKey CompetitorsTeledyne TechnologiesNYSE:TDYL3Harris TechnologiesNYSE:LHXGeneral DynamicsNYSE:GDTransDigm GroupNYSE:TDGHEICONYSE:HEIView All CompetitorsInsiders & InstitutionsLumbard & Kellner LLCSold 58 shares on 6/6/2023Ownership: 0.004%EP Wealth Advisors LLCBought 2,421 shares on 6/5/2023Ownership: 0.002%Level Four Advisory Services LLCSold 268 shares on 6/5/2023Ownership: 0.001%Ontario Teachers Pension Plan BoardBought 649 shares on 6/1/2023Ownership: 0.001%Golden State Equity PartnersBought 474 shares on 6/1/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NOC Stock - Frequently Asked Questions Should I buy or sell Northrop Grumman stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NOC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOC, but not buy additional shares or sell existing shares. View NOC analyst ratings or view top-rated stocks. What is Northrop Grumman's stock price forecast for 2023? 15 Wall Street analysts have issued twelve-month price targets for Northrop Grumman's stock. Their NOC share price forecasts range from $375.00 to $655.00. On average, they expect the company's share price to reach $509.00 in the next year. This suggests a possible upside of 11.7% from the stock's current price. View analysts price targets for NOC or view top-rated stocks among Wall Street analysts. How have NOC shares performed in 2023? Northrop Grumman's stock was trading at $545.61 on January 1st, 2023. Since then, NOC shares have decreased by 16.5% and is now trading at $455.69. View the best growth stocks for 2023 here. When is Northrop Grumman's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our NOC earnings forecast. How were Northrop Grumman's earnings last quarter? Northrop Grumman Co. (NYSE:NOC) released its quarterly earnings data on Thursday, April, 27th. The aerospace company reported $5.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.16 by $0.34. The aerospace company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.19 billion. Northrop Grumman had a trailing twelve-month return on equity of 26.61% and a net margin of 12.89%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.10 earnings per share. Read the conference call transcript. How often does Northrop Grumman pay dividends? What is the dividend yield for Northrop Grumman? Northrop Grumman declared a quarterly dividend on Tuesday, May 16th. Shareholders of record on Tuesday, May 30th will be paid a dividend of $1.87 per share on Wednesday, June 14th. This represents a $7.48 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Friday, May 26th. This is a boost from the stock's previous quarterly dividend of $1.73. Read our dividend analysis for NOC. What ETFs hold Northrop Grumman's stock? ETFs with the largest weight of Northrop Grumman (NYSE:NOC) stock in their portfolio include First Trust Indxx Aerospace & Defense ETF (MISL), Invesco Aerospace & Defense ETF (PPA), iShares U.S. Aerospace & Defense ETF (ITA), AdvisorShares Drone Technology ETF (UAV), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and AdvisorShares Gerber Kawasaki ETF (GK). Is Northrop Grumman a good dividend stock? Northrop Grumman (NYSE:NOC) pays an annual dividend of $7.48 per share and currently has a dividend yield of 1.65%. 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 24.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOC will have a dividend payout ratio of 30.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOC. What guidance has Northrop Grumman issued on next quarter's earnings? Northrop Grumman issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $22.25-$22.85 for the period, compared to the consensus estimate of $22.03. The company issued revenue guidance of $38.00 billion-$38.40 billion, compared to the consensus revenue estimate of $38.32 billion. What is Kathy Warden's approval rating as Northrop Grumman's CEO? 610 employees have rated Northrop Grumman Chief Executive Officer Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among the company's employees. What other stocks do shareholders of Northrop Grumman own? Based on aggregate information from My MarketBeat watchlists, some companies that other Northrop Grumman investors own include Raytheon Technologies (RTX), Lockheed Martin (LMT), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Micron Technology (MU), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC) and What is Northrop Grumman's stock symbol? Northrop Grumman trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOC." Who are Northrop Grumman's major shareholders? Northrop Grumman's stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (9.35%), Wellington Management Group LLP (3.96%), FMR LLC (3.60%), Geode Capital Management LLC (1.79%), Sanders Capital LLC (1.40%) and Ameriprise Financial Inc. (1.39%). Insiders that own company stock include David T Perry, Janis G Pamiljans, Karl J Krapek, Kathy J Warden, Lesley A Kalan, Mark A Caylor, Mark A Caylor, Mary D Petryszyn, Mary D Petryszyn, Michael A Hardesty, Shawn N Purvis, Sheila C Cheston, Thomas H Jones and Thomas L Wilson Jr. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Northrop Grumman's stock price today? One share of NOC stock can currently be purchased for approximately $455.69. How much money does Northrop Grumman make? Northrop Grumman (NYSE:NOC) has a market capitalization of $69.20 billion and generates $36.60 billion in revenue each year. The aerospace company earns $4.90 billion in net income (profit) each year or $30.91 on an earnings per share basis. How many employees does Northrop Grumman have? The company employs 95,000 workers across the globe. Does Northrop Grumman have any subsidiaries? The following companies are subsidiares of Northrop Grumman: 3001 International, Comptek Research, Confluent RF Systems Corp., Data Procurement Corp., Essex Corporation, Federal Data Corp., Fibersense Technology, Integic Corporation, Litton Industries, Logicon, M5 Network Security, Navia Aviation, Newport News Shipbuilding, Northrop Grumman Integrated Defence Services, Northrop Grumman Overseas Holdings, Northrop Grumman Systems Corporation, Orbital ATK, Qantas Defence Services, Ryan Aeronautical, Scaled Composites LLC, Sonoma Photonics, TRW Automotive Holdings, Xinetics, and XonTech.Read More How can I contact Northrop Grumman? Northrop Grumman's mailing address is 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA, 22042. The official website for the company is www.northropgrumman.com. The aerospace company can be reached via phone at (703) 280-2900, via email at investors@ngc.com, or via fax at 302-655-5049. This page (NYSE:NOC) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Northrop Grumman Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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