S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
NYSE:NOC

Northrop Grumman - NOC Stock Forecast, Price & News

$477.59
-0.45 (-0.09%)
(As of 08/5/2022 08:49 PM ET)
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Compare
Today's Range
$469.39
$478.38
50-Day Range
$443.93
$492.06
52-Week Range
$344.89
$492.30
Volume
522,300 shs
Average Volume
924,756 shs
Market Capitalization
$73.89 billion
P/E Ratio
13.29
Dividend Yield
1.45%
Price Target
$468.18

Northrop Grumman MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
2.0% 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
0.06mentions of Northrop Grumman in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
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.

2.18 out of 5 stars

Aerospace Sector

17th out of 56 stocks

Search & Navigation Equipment Industry

4th out of 10 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.

Analyst Ratings Changes

Several brokerages have recently issued reports on NOC. Seaport Res Ptn restated a "buy" rating on shares of Northrop Grumman in a research report on Tuesday, April 19th. StockNews.com downgraded Northrop Grumman from a "buy" rating to a "hold" rating in a research report on Monday, August 1st. Morgan Stanley increased their target price on Northrop Grumman from $521.00 to $530.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 12th. Robert W. Baird upgraded Northrop Grumman from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $488.00 to $529.00 in a research note on Friday, July 29th. Finally, UBS Group upped their price target on Northrop Grumman from $410.00 to $450.00 in a research note on Friday, April 29th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $468.18.

Northrop Grumman Stock Performance

Northrop Grumman stock traded down $0.45 during mid-day trading on Friday, hitting $477.59. 522,362 shares of the company's stock traded hands, compared to its average volume of 751,169. Northrop Grumman has a one year low of $344.89 and a one year high of $492.30. The company has a market cap of $73.89 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 8.81 and a beta of 0.62. The firm has a 50 day moving average price of $465.74 and a 200 day moving average price of $445.04. The company has a quick ratio of 1.20, a current ratio of 1.30 and a debt-to-equity ratio of 0.94.

Northrop Grumman Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st were given a dividend of $1.73 per share. The ex-dividend date was Friday, May 27th. This is a boost from Northrop Grumman's previous quarterly dividend of $1.57. This represents a $6.92 annualized dividend and a dividend yield of 1.45%. Northrop Grumman's dividend payout ratio (DPR) is 19.26%.

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NOC Stock News Headlines

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
8/07/2022
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
-2.0%
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
$34.36 per share
Book Value
$88.24 per share

Miscellaneous

Free Float
154,324,000
Market Cap
$73.89 billion
Optionable
Optionable
Beta
0.62

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NOC Stock - Frequently Asked Questions

Should I buy or sell Northrop Grumman stock right now?

11 Wall Street 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 research analysts is that investors should "hold" Northrop Grumman stock. 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 analyst ratings for Northrop Grumman
or view top-rated stocks.

What is Northrop Grumman's stock price forecast for 2022?

11 equities research analysts have issued twelve-month target prices for Northrop Grumman's shares. Their NOC stock forecasts range from $350.00 to $530.00. On average, they anticipate Northrop Grumman's stock price to reach $468.18 in the next year. This suggests that the stock has a possible downside of 2.0%.
View analysts' price targets for Northrop Grumman
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 stock has increased by 23.4% and is now trading at $477.59.
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 earnings forecast for Northrop Grumman
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) issued its earnings results on Thursday, October, 28th. The aerospace company reported $6.63 EPS for the quarter, beating analysts' consensus estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $5.89 EPS.
Read Northrop Grumman's conference call transcript
.

How often does Northrop Grumman pay dividends? What is the dividend yield for Northrop Grumman?

Northrop Grumman announced a quarterly dividend on Tuesday, May 17th. Shareholders of record on Tuesday, May 31st will be given a dividend of $1.73 per share on Wednesday, June 15th. This represents a $6.92 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, May 27th. This is an increase from Northrop Grumman's previous quarterly dividend of $1.57.
View Northrop Grumman's dividend history
.

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 1.45%. Northrop Grumman 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 of Northrop Grumman is 19.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Northrop Grumman will have a dividend payout ratio of 25.50% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend.
View Northrop Grumman's dividend history.

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

Northrop Grumman issued an update on 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 CEO Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among Northrop Grumman'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 many different institutional and retail investors. Top institutional investors include AustralianSuper Pty Ltd (0.40%), Yacktman Asset Management LP (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), TD Asset Management Inc. (0.22%), Focused Investors LLC (0.20%) and Ruffer LLP (0.17%). Company insiders that own Northrop Grumman 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 and Thomas H Jones.
View institutional ownership trends for Northrop Grumman
.

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 $477.59.

How much money does Northrop Grumman make?

Northrop Grumman (NYSE:NOC) has a market capitalization of $73.89 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 Northrop Grumman 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 8/8/2022 by MarketBeat.com Staff

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