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

$367.91
+2.69 (+0.74 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$359.60
Now: $367.91
$369.29
50-Day Range
$319.52
MA: $339.56
$372.9850
52-Week Range
$223.63
Now: $367.91
$377.34
Volume827,300 shs
Average Volume1.03 million shs
Market Capitalization$62.25 billion
P/E Ratio17.25
Dividend Yield1.46%
Beta0.81
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$27.1320 per share
Book Value$54.46 per share

Profitability

Net Income$3.23 billion

Miscellaneous

Employees85,000
Market Cap$62.25 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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.


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 announced a quarterly dividend on Wednesday, May 15th. Stockholders of record on Monday, June 3rd will be paid a dividend of $1.32 per share on Wednesday, June 19th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend 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 stock buyback program on Tuesday, December 4th 2018, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.9% of its shares through open market purchases. Shares repurchase programs are generally 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) issued its earnings results on Wednesday, July, 24th. The aerospace company reported $5.06 EPS for the quarter, topping the consensus estimate of $4.64 by $0.42. The aerospace company had revenue of $8.46 billion for the quarter, compared to analyst estimates of $8.41 billion. Northrop Grumman had a net margin of 9.80% and a return on equity of 42.21%. The company's quarterly revenue was up 18.8% compared to the same quarter last year. During the same period in the prior year, the company earned $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 updated its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $19.30-19.55 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued twelve-month price objectives for Northrop Grumman's stock. Their predictions range from $280.00 to $418.00. On average, they anticipate Northrop Grumman's stock price to reach $345.50 in the next year. This suggests that the stock has a possible downside of 6.1%. 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, 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?

Media headlines about NOC stock have been trending negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog 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 daily sentiment score of -2.3 on InfoTrie's scale. They also assigned headlines about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Northrop Grumman.

Are investors shorting Northrop Grumman?

Northrop Grumman saw a increase in short interest in July. As of July 15th, there was short interest totalling 2,192,900 shares, an increase of 8.3% from the June 15th total of 2,025,200 shares. Based on an average trading volume of 904,000 shares, the short-interest ratio is currently 2.4 days. Currently, 1.3% of the shares of the company are short sold. 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), Alibaba Group (BABA), DuPont Fabros Technology (DFT), Home Depot (HD), 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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.21%), Price T Rowe Associates Inc. MD (6.34%), BlackRock Inc. (6.15%), JPMorgan Chase & Co. (1.86%), Northern Trust Corp (1.01%) and Putnam Investments LLC (0.85%). 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 institutional investors are selling Northrop Grumman stock?

NOC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, Point72 Asset Management L.P., SG Americas Securities LLC, Ellis Investment Partners LLC, Morgan Stanley and Price T Rowe Associates Inc. MD. 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 institutional investors are buying Northrop Grumman stock?

NOC stock was bought 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, Scottrade, Fidelity and Charles Schwab.

What is Northrop Grumman's stock price today?

One share of NOC stock can currently be purchased for approximately $367.91.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $62.25 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:  519 (Vote Outperform)
Underperform Votes:  579 (Vote Underperform)
Total Votes:  1,098
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 8/17/2019 by MarketBeat.com Staff

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