NYSE:NOC - Northrop Grumman Stock Price, News & Analysis

$377.42
+2.95 (+0.79 %)
(As of 09/19/2019 08:29 AM ET)
Today's Range
$371.0350
Now: $377.42
$378.69
50-Day Range
$340.8171
MA: $363.65
$375.50
52-Week Range
$223.63
Now: $377.42
$378.69
Volume1.10 million shs
Average Volume703,773 shs
Market Capitalization$63.86 billion
P/E Ratio17.69
Dividend Yield1.42%
Beta0.79
Northrop Grumman Corporation, a security company, provides products in the areas of autonomous systems, cyber, space, strikes, and logistics and modernizations in the United States, the Asia Pacific, and internationally. The company operates through four segments: Aerospace Systems, Innovation Systems, Mission Systems, and Technology Services. The Aerospace Systems segment designs, develops, integrates, and produces manned aircrafts, autonomous systems, spacecraft systems, high-energy laser systems, microelectronics, and other systems and sub-systems for use in the areas of intelligence, surveillance and reconnaissance, strike operations, communications, earth observations, and space science. Read More…

Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP66680710
Phone703-280-2900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.10 billion
Cash Flow$27.0746 per share
Book Value$48.23 per share

Profitability

Net Income$3.23 billion

Miscellaneous

Employees85,000
Market Cap$63.86 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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, August 21st. Shareholders of record on Monday, September 9th will be paid a dividend of $1.32 per share on Wednesday, September 25th. This represents a $5.28 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, September 6th. View Northrop Grumman's Dividend History.

How will Northrop Grumman's stock buyback program work?

Northrop Grumman announced that its board has authorized a share buyback program on Tuesday, December 4th 2018, which authorizes the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) released its earnings results on Wednesday, July, 24th. The aerospace company reported $5.06 EPS for the quarter, topping analysts' consensus estimates of $4.64 by $0.42. The aerospace company had revenue of $8.46 billion for the quarter, compared to the consensus estimate of $8.41 billion. Northrop Grumman had a return on equity of 42.21% and a net margin of 9.80%. The company's revenue was up 18.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.50 EPS. View Northrop Grumman's Earnings History.

When is Northrop Grumman's next earnings date?

Northrop Grumman is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Northrop Grumman.

What guidance has Northrop Grumman issued on next quarter's earnings?

Northrop Grumman issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $19.30-19.55 for the period, compared to the Thomson Reuters consensus estimate of $19.30. The company issued revenue guidance of ~$34 billion, compared to the consensus revenue estimate of $33.96 billion.

What price target have analysts set for NOC?

16 brokers have issued twelve-month price targets for Northrop Grumman's stock. Their forecasts range from $280.00 to $418.00. On average, they expect Northrop Grumman's share price to reach $345.50 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. 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 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Northrop Grumman.

What are Wall Street analysts saying about Northrop Grumman stock?

Here are some recent quotes from research analysts about Northrop Grumman stock:
  • 1. According to Zacks Investment Research, "As a major U.S. defense contractor, Northrop Grumman continues to enjoy a strong position in the Air Force, Space & Cyber Security programs. Increasing international opportunities are expected to boost the company’s margin growth. Its product line is also well positioned in high priority categories, such as defense electronics, unmanned aircraft and missile defense, which nables the company to clinch notable contracts from Pentagon and foreign allies. Northrop Grumman outperformed the industry in a year’s time. However, it continues to incur high operating expenses on account of increasing product costs. Such higher operating expenses tend to hurt profit margins. A comparative analysis of its historical EV/EBITDA ratio reflects a relatively gloomy picture that might be a cause for Northrop Grumman’s investors’ concern." (9/10/2019)
  • 2. Drexel Hamilton analysts commented, "Wes Bush will step down as CEO and Kathy Warden (current President and COO) will take his place on Jan 1, 2019. We see no change to the long- term growth plans for the company." (12/19/2018)

Has Northrop Grumman been receiving favorable news coverage?

News articles about NOC stock have trended negative on Thursday, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Northrop Grumman earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave media coverage about the aerospace company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Northrop Grumman.

Are investors shorting Northrop Grumman?

Northrop Grumman saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,676,000 shares, an increase of 23.5% from the July 31st total of 2,166,900 shares. Based on an average daily volume of 820,400 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.6% of the shares of the company are sold short. View Northrop Grumman's Current Options Chain.

Who are some of Northrop Grumman's key competitors?

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 (RTN), Lockheed Martin (LMT), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Alibaba Group (BABA), DuPont Fabros Technology (DFT), Micron Technology (MU), Honeywell International (HON) and Cisco Systems (CSCO).

Who are Northrop Grumman's key executives?

Northrop Grumman's management team includes the folowing people:
  • Ms. Kathy J. Warden, CEO, Pres & Director (Age 47)
  • Mr. Kenneth L. Bedingfield, Corp. VP & CFO (Age 46)
  • Mr. Janis G. Pamiljans, Corp. VP & Pres of Aerospace Systems Sector (Age 58)
  • Mr. Rajender K. Chandhok, VP of Trust Admin. and Investments (Age 69)
  • Mr. Michael A. Hardesty, Corp. VP, Controller & Chief Accounting Officer (Age 47)

Who are Northrop Grumman's major shareholders?

Northrop Grumman's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.21%), Price T Rowe Associates Inc. MD (6.34%), BlackRock Inc. (6.15%), BlackRock Inc. (6.15%), JPMorgan Chase & Co. (1.86%) and Northern Trust Corp (1.01%). 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, Kathy J Warden, Kenneth L Bedingfield, Lesley A Kalan, Madeleine Kleiner, Mark A Caylor, Michael A Hardesty, Patrick M Antkowiak, Shawn N Purvis, Sheila C Cheston, Sid Ashworth 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 BlackRock Inc., BlackRock Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, Point72 Asset Management L.P., SG Americas Securities LLC, Ellis Investment Partners LLC and Morgan Stanley. Company insiders that have sold Northrop Grumman company stock in the last year include Christopher T Jones, David T Perry, Janis G Pamiljans, Kathy J Warden, Kenneth L Bedingfield, Lesley A Kalan, Madeleine Kleiner, 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Invesco Ltd., Putnam Investments LLC, Suvretta Capital Management LLC, Rothschild & Co. Asset Management US Inc., DekaBank Deutsche Girozentrale and Korea Investment CORP. 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, Robinhood, Fidelity and Charles Schwab.

What is Northrop Grumman's stock price today?

One share of NOC stock can currently be purchased for approximately $377.42.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $63.86 billion and generates $30.10 billion in revenue each year. The aerospace company earns $3.23 billion in net income (profit) each year or $21.33 on an earnings per share basis. Northrop Grumman employs 85,000 workers across the globe.View Additional Information About Northrop Grumman.

What is Northrop Grumman's official website?

The official website for Northrop Grumman is http://www.northropgrumman.com/.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  526 (Thanks for Voting!)
Underperform Votes:  584 (Thanks for Voting!)
Total Votes:  1,110
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.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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