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

Sign in or create an account to add this stock to your watchlist.
$316.63 +0.39 (+0.12 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$316.24
Today's Range$314.37 - $317.06
52-Week Range$223.63 - $340.14
Volume845,179 shs
Average Volume981,025 shs
Market Capitalization$53.76 billion
P/E Ratio14.84
Dividend Yield1.52%
Beta0.89
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. The Innovation Systems segment designs, develops, integrates, and produces flights, armaments, and space systems. It offers launch vehicles and related propulsion systems; missile products and defense electronics; precision weapons, armament systems, and ammunitions; satellites and associated space components and services; and advanced aerospace structures. The Mission Systems segment offers products and services that include C4ISR systems; radar, electro-optical/infrared (EO/IR), and acoustic sensors; electronic warfare systems; cyber solutions; space systems; intelligence processing systems; air and missile defense integration systems; navigation systems; and shipboard missiles and encapsulated payload launch systems. The Technology Services segment provides logistic solutions that supports the full life cycle of platforms and systems. Its products and services include software and system sustainment; modernization of platform and associated subsystems; advanced training solutions; and integrated logistics support. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.

Receive NOC News and Ratings via Email

Sign-up to receive the latest news and ratings for NOC and its competitors with MarketBeat's FREE daily newsletter.

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$27.5091 per share
Book Value$51.47 per share

Profitability

Net Income$3.23 billion

Miscellaneous

Employees85,000
Market Cap$53.76 billion
Next Earnings Date7/24/2019 (Estimated)
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, May 15th. Shareholders of record on Monday, June 3rd will be given a dividend of $1.32 per share on Wednesday, June 19th. This represents a $5.28 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Friday, May 31st. This is a positive change from Northrop Grumman's previous quarterly dividend of $1.20. View Northrop Grumman's Dividend History.

How will Northrop Grumman's stock buyback program work?

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

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) released its quarterly earnings results on Wednesday, April, 24th. The aerospace company reported $5.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $4.59 by $0.47. The aerospace company had revenue of $8.19 billion for the quarter, compared to analysts' expectations of $8.34 billion. Northrop Grumman had a return on equity of 41.42% and a net margin of 9.67%. The company's quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $4.21 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, July 24th 2019. View Earnings Estimates for Northrop Grumman.

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

Northrop Grumman updated its FY19 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $18.90-19.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $18.92. The company issued revenue guidance of ~$34 billion, compared to the consensus revenue estimate of $34.10 billion.

What price target have analysts set for NOC?

17 Wall Street analysts have issued 1 year price objectives for Northrop Grumman's shares. Their predictions range from $280.00 to $414.00. On average, they expect Northrop Grumman's share price to reach $331.80 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Northrop Grumman.

What is the consensus analysts' recommendation for Northrop Grumman?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 4 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, the Northrop Grumman 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. The company expects to benefit from this buyout by expanding its rocket motors, missiles and electro-optical countermeasure product lines. Northrop Grumman also maintains a strong balance sheet and a steady cash flow position, which offer it substantial financial flexibility. However, the company derives a substantial portion of its revenues from international sales, thereby exposing it to currency fluctuation and other geo-political risks. Its shares have also underperformed the industry in the past twelve months." (2/13/2019)
  • 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?

Press coverage about NOC stock has been trending negative recently, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northrop Grumman earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the aerospace company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

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

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.40%), FMR LLC (2.53%), Wellington Management Group LLP (2.32%), Macquarie Group Ltd. (1.51%), Geode Capital Management LLC (1.26%) and Northern Trust Corp (1.00%). Company insiders that own Northrop Grumman stock include Ann M Fudge, David T Perry, Denise M Peppard, Gloria A Flach, Janis G Pamiljans, Kenneth L Bedingfield, Lesley A Kalan, Lisa R Davis, 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 FMR LLC, BlackRock Inc., California Public Employees Retirement System, Janus Henderson Group PLC, AQR Capital Management LLC, Assenagon Asset Management S.A., Morgan Stanley and Strs Ohio. Company insiders that have sold Northrop Grumman company stock in the last year include David T Perry, Janis G Pamiljans, 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 bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Geode Capital Management LLC, SG Americas Securities LLC, Ellis Investment Partners LLC, Clark Capital Management Group Inc., Charles Schwab Investment Management Inc., Macquarie Group Ltd. and Cadinha & Co. 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 $316.63.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $53.76 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.

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:  507 (Vote Outperform)
Underperform Votes:  564 (Vote Underperform)
Total Votes:  1,071
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 5/22/2019 by MarketBeat.com Staff

Featured Article: Closed-End Mutual Funds

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel