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.
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Industry, Sector and Symbol
Industry Search & navigation equipment
Sub-IndustryAerospace & Defense
SectorAerospace
Phone703-280-2900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$30.10 billion
Profitability
Miscellaneous
Employees85,000
Next Earnings Date10/24/2019 (Confirmed)
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, August 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.51%. 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 declared that its Board of Directors has approved a stock repurchase plan on Tuesday, December 4th 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.
How were Northrop Grumman's earnings last quarter?
Northrop Grumman Co. (NYSE:NOC) posted its earnings results on Wednesday, July, 24th. The aerospace company reported $5.06 earnings per share for the quarter, beating the consensus estimate of $4.64 by $0.42. The aerospace company earned $8.46 billion during the quarter, compared to analysts' expectations of $8.41 billion. Northrop Grumman had a return on equity of 42.21% and a net margin of 9.80%. The business's revenue was up 18.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.50 EPS. View Northrop Grumman's Earnings History.
When is Northrop Grumman's next earnings date?
How can I listen to Northrop Grumman's earnings call?
Northrop Grumman will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
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 (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 equities research analysts have issued 1-year target prices for Northrop Grumman's shares. Their predictions range from $280.00 to $437.00. On average, they expect Northrop Grumman's stock price to reach $352.21 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. 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?
Headlines about NOC stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northrop Grumman earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned media stories about the aerospace company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Northrop Grumman.
Are investors shorting Northrop Grumman?
Northrop Grumman saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 2,250,000 shares, an increase of 9.2% from the August 15th total of 2,060,000 shares. Based on an average daily volume of 851,300 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.3% of the shares of the stock are sold short. View Northrop Grumman's Current Options Chain.
Who are some of Northrop Grumman's key competitors?
Some companies that are related to Northrop Grumman include Boeing (BA), Honeywell International (HON), United Technologies (UTX), Lockheed Martin (LMT), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Rockwell Collins (COL), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Hexcel (HXL) and Curtiss-Wright (CW).
What other stocks do shareholders of Northrop Grumman own?
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 variety of of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.09%), Robeco Institutional Asset Management B.V. (0.06%), Nisa Investment Advisors LLC (0.05%), Strs Ohio (0.04%), Country Trust Bank (0.03%) and Envestnet Asset Management Inc. (0.03%). 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 Oakbrook Investments LLC, Gateway Investment Advisers LLC, Calamos Wealth Management LLC, Ellis Investment Partners LLC, Calamos Advisors LLC, Private Trust Co. NA, CX Institutional and Crossmark Global Holdings Inc.. 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 and Wesley G Bush. View Insider Buying and Selling for Northrop Grumman.
Which major investors are buying Northrop Grumman stock?
NOC stock was acquired by a variety of institutional investors in the last quarter, including Country Trust Bank, Abner Herrman & Brock LLC, State of Alaska Department of Revenue, Deane Retirement Strategies Inc., Commerzbank Aktiengesellschaft FI, Park Avenue Securities LLC, Robeco Institutional Asset Management B.V. and Brinker Capital Inc.. 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 $350.39.
How big of a company is Northrop Grumman?
Northrop Grumman has a market capitalization of $59.29 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?
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.
