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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
US Dollar Replaced By "Biden Bucks"? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
US Dollar Replaced By "Biden Bucks"? (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NYSE:NOC

Northrop Grumman - NOC Stock Forecast, Price & News

$473.73
+3.68 (+0.78%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$473.01
$482.18
50-Day Range
$443.93
$492.06
52-Week Range
$344.89
$492.30
Volume
667,232 shs
Average Volume
920,995 shs
Market Capitalization
$73.29 billion
P/E Ratio
13.18
Dividend Yield
1.47%
Price Target
$468.18

Northrop Grumman MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
1.2% Downside
$468.18 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.57
Upright™ Environmental Score
News Sentiment
0.07mentions of Northrop Grumman in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$5.10 M Sold Last Quarter
Proj. Earnings Growth
9.66%
From $24.75 to $27.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Aerospace Sector

12th out of 42 stocks

Search & Navigation Equipment Industry

3rd out of 9 stocks

NOC stock logo

About Northrop Grumman (NYSE:NOC) Stock

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Robert W. Baird upgraded shares of Northrop Grumman from a "neutral" rating to an "outperform" rating and raised their target price for the company from $488.00 to $529.00 in a research note on Friday, July 29th. Argus lifted their price objective on shares of Northrop Grumman from $420.00 to $495.00 in a research note on Thursday, May 12th. StockNews.com upgraded shares of Northrop Grumman from a "hold" rating to a "buy" rating in a research report on Tuesday. Morgan Stanley boosted their target price on shares of Northrop Grumman from $521.00 to $530.00 and gave the company an "overweight" rating in a research report on Tuesday, July 12th. Finally, Susquehanna Bancshares boosted their target price on shares of Northrop Grumman from $520.00 to $530.00 and gave the company a "positive" rating in a research report on Friday, July 29th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $468.18.

Northrop Grumman Stock Performance

NYSE:NOC opened at $470.05 on Tuesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.30 and a quick ratio of 1.20. The firm has a market capitalization of $72.72 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 8.81 and a beta of 0.62. The company's 50-day moving average is $465.73 and its two-hundred day moving average is $445.87. Northrop Grumman has a 1-year low of $344.89 and a 1-year high of $492.30.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st were issued a $1.73 dividend. This represents a $6.92 annualized dividend and a yield of 1.47%. This is a positive change from Northrop Grumman's previous quarterly dividend of $1.57. The ex-dividend date of this dividend was Friday, May 27th. Northrop Grumman's payout ratio is presently 19.26%.

Insider Transactions at Northrop Grumman

In related news, CEO Kathy J. Warden sold 10,000 shares of Northrop Grumman stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $481.87, for a total value of $4,818,700.00. Following the completion of the sale, the chief executive officer now owns 134,583 shares in the company, valued at approximately $64,851,510.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Thomas L. Wilson, Jr. sold 582 shares of Northrop Grumman stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $482.00, for a total value of $280,524.00. Following the completion of the sale, the vice president now directly owns 2,094 shares of the company's stock, valued at $1,009,308. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Kathy J. Warden sold 10,000 shares of Northrop Grumman stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $481.87, for a total value of $4,818,700.00. Following the completion of the sale, the chief executive officer now directly owns 134,583 shares of the company's stock, valued at $64,851,510.21. The disclosure for this sale can be found here. Company insiders own 0.26% of the company's stock.

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NOC Stock News Headlines

Russian Engines Lose Spot on Northrop Grumman Rocket
Northrop Grumman (NYSE:NOC) Cut to "Hold" at StockNews.com
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NOC Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 6/15 Dividend
5/27/2022
Dividend Payable
6/15/2022
Today
8/09/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
Aerospace & Defense
Sector
Aerospace
CUSIP
66680710
Employees
88,000
Year Founded
1939

Price Target and Rating

Average Stock Price Forecast
$468.18
High Stock Price Forecast
$530.00
Low Stock Price Forecast
$350.00
Forecasted Upside/Downside
-1.2%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$7.01 billion
Pretax Margin
19.78%

Debt

Sales & Book Value

Annual Sales
$35.67 billion
Cash Flow
$34.08 per share
Book Value
$82.81 per share

Miscellaneous

Free Float
154,309,000
Market Cap
$73.29 billion
Optionable
Optionable
Beta
0.62

Social Links















NOC Stock - Frequently Asked Questions

Should I buy or sell Northrop Grumman stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

11 brokers have issued 1 year price targets for Northrop Grumman's shares. Their NOC share price forecasts range from $350.00 to $530.00. On average, they expect the company's stock price to reach $468.18 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts price targets for NOC
or view top-rated stocks among Wall Street analysts.

How has Northrop Grumman's stock performed in 2022?

Northrop Grumman's stock was trading at $387.07 at the beginning of the year. Since then, NOC shares have increased by 22.4% and is now trading at $473.73.
View the best growth stocks for 2022 here
.

When is Northrop Grumman's next earnings date?

Northrop Grumman is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our NOC earnings forecast
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) issued its quarterly earnings results on Thursday, October, 28th. The aerospace company reported $6.63 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.70. The aerospace company had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.94 billion. Northrop Grumman had a net margin of 16.23% and a trailing twelve-month return on equity of 30.52%. The firm's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.89 EPS.
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 17th. Stockholders of record on Tuesday, May 31st will be paid a dividend of $1.73 per share on Wednesday, June 15th. This represents a $6.92 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, May 27th. This is an increase from the stock's previous quarterly dividend of $1.57.
Read our dividend analysis for NOC
.

Is Northrop Grumman a good dividend stock?

Northrop Grumman (NYSE:NOC) pays an annual dividend of $6.92 per share and currently has a dividend yield of 1.47%. 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 19.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOC will have a dividend payout ratio of 25.50% 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 updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $24.50-$25.10 for the period, compared to the consensus EPS estimate of $24.83. The company issued revenue guidance of $36.20 billion-$36.60 billion, compared to the consensus revenue estimate of $36.54 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 Honeywell International (HON).

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 a variety of retail and institutional investors. Top institutional investors include Allen Investment Management LLC (0.43%), AustralianSuper Pty Ltd (0.40%), Yacktman Asset Management LP (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), TD Asset Management Inc. (0.22%) and Focused Investors LLC (0.20%). Insiders that own company stock include David T Perry, Janis G Pamiljans, Karl J Krapek, Kathy J Warden, Kenneth L Bedingfield, 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 $473.73.

How much money does Northrop Grumman make?

Northrop Grumman (NYSE:NOC) has a market capitalization of $73.29 billion and generates $35.67 billion in revenue each year. The aerospace company earns $7.01 billion in net income (profit) each year or $35.93 on an earnings per share basis.

How many employees does Northrop Grumman have?

Northrop Grumman employs 88,000 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

When was Northrop Grumman founded?

Northrop Grumman was founded in 1939.

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 8/10/2022 by MarketBeat.com Staff

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