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
Industry Search & navigation equipment
Sub-IndustryAerospace & Defense
SectorAerospace
Phone703-280-2900
Debt
Current Ratio1.26
Quick Ratio1.17
Price-To-Earnings
Sales & Book Value
Annual Sales$25.80 billion
Price / Sales1.72
Price / Cash Flow16.06
Price / Book6.32
Profitability
Net Income$2.02 billion
Net Margins9.62%
Return on Assets8.46%
Miscellaneous
Employees70,000
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. Stockholders 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 dividend yield of 1.88%. 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 announced that its Board of Directors has initiated a share repurchase program on Tuesday, December 4th 2018, which permits the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Northrop Grumman's earnings last quarter?
Northrop Grumman Co. (NYSE:NOC) issued its earnings results on Wednesday, October, 24th. The aerospace company reported $6.54 earnings per share for the quarter, beating analysts' consensus estimates of $4.35 by $2.19. The aerospace company had revenue of $8.09 billion for the quarter, compared to analysts' expectations of $7.99 billion. Northrop Grumman had a return on equity of 38.27% and a net margin of 9.62%. Northrop Grumman's revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.67 EPS. 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 earnings per share (EPS) guidance of $18.75-19.00 for the period, compared to the Thomson Reuters consensus 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?
18 analysts have issued 1 year target prices for Northrop Grumman's shares. Their predictions range from $273.00 to $431.00. On average, they expect Northrop Grumman's share price to reach $340.3889 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Northrop Grumman.
What is the consensus analysts' recommendation for Northrop Grumman?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 6 hold ratings, 11 buy ratings and 1 strong buy rating 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. 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)
- 2. According to Zacks Investment Research, "Northrop Grumman ended third-quarter 2018 on a solid note with both its top and bottom lines surpassing the respective Zacks Consensus Estimate. Results were also impressive on a year-over-year basis. As a major U.S. defences contractor, the company continues to enjoy a strong presence in Air Force, Space & Cyber Security programs. To further enhance its growth trajectory, in June 2018, Northrop Grumman completed the acquisition of rocket-maker Orbital ATK for $9.2 billion. Northrop looks ahead to benefit from this buyout by expanding its rocket motors, missiles and electro-optical countermeasure product lines. However, the company persistently incurs higher operating expenses as a percentage of sales. Economic and political factors are some of the major challenges to the company. Exposure to currency risk is another headwind. Shares of the company have underperformed the industry in the past year." (10/26/2018)
Has Northrop Grumman been receiving favorable news coverage?
News headlines about NOC stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Northrop Grumman earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the aerospace company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the company's share price in the next several days.
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 58)
- Ms. Kathy J. Warden, Pres, COO & Director (Age 47)
- Mr. Kenneth L. Bedingfield, Corp. VP & CFO (Age 46)
- Mr. Janis G. Pamiljans, Corp. VP & Pres of Aerospace Systems Sector
- Mr. Rajender K. Chandhok, VP of Trust Admin. and Investments (Age 69)
Who are Northrop Grumman's major shareholders?
Northrop Grumman's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.10%), State of Alaska Department of Revenue (0.02%), Gateway Investment Advisers LLC (0.01%), Private Trust Co. NA (0.01%), RPG Investment Advisory LLC (0.01%) and Radnor Capital Management LLC (0.01%). 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, 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 institutional investors are selling Northrop Grumman stock?
NOC stock was sold by a variety of institutional investors in the last quarter, including CMH Wealth Management LLC, First Hawaiian Bank, State of Alaska Department of Revenue, Chesley Taft & Associates LLC, Steward Partners Investment Advisory LLC, Louisiana State Employees Retirement System, Radnor Capital Management LLC and Boston Advisors LLC. 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 institutional investors are buying Northrop Grumman stock?
NOC stock was purchased by a variety of institutional investors in the last quarter, including American Trust Investment Advisors LLC, Strategic Wealth Management Group LLC, Fox Run Management L.L.C., RPG Investment Advisory LLC, New England Research & Management Inc., Town & Country Bank & Trust CO dba First Bankers Trust CO, Sit Investment Associates Inc. and Highwater Wealth 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 $255.74.
How big of a company is Northrop Grumman?
Northrop Grumman has a market capitalization of $44.96 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.
