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

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$268.36 -4.12 (-1.51 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$272.48
Today's Range$267.20 - $271.99
52-Week Range$223.63 - $360.88
Volume825,810 shs
Average Volume1.01 million shs
Market Capitalization$45.55 billion
P/E Ratio12.58
Dividend Yield1.76%
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.

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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$26.4394 per share
Book Value$48.23 per share

Profitability

Net Income$3.23 billion

Miscellaneous

Employees85,000
Market Cap$45.55 billion
Next Earnings Date4/24/2019 (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 announced a quarterly dividend on Wednesday, February 13th. Investors of record on Monday, February 25th will be given a dividend of $1.20 per share on Wednesday, March 13th. This represents a $4.80 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Friday, February 22nd. 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 repurchase plan on Tuesday, December 4th 2018, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) posted its quarterly earnings data on Thursday, January, 31st. The aerospace company reported $4.93 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.48. The aerospace company had revenue of $8.16 billion for the quarter, compared to analysts' expectations of $8.11 billion. Northrop Grumman had a return on equity of 41.24% and a net margin of 9.73%. During the same period in the previous year, the business earned $2.82 earnings per share. 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, April 24th 2019. View Earnings Estimates for Northrop Grumman.

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

Northrop Grumman issued an update on its FY19 earnings guidance on Thursday, January, 31st. The company provided EPS guidance of $18.50-19.00 for the period, compared to the Thomson Reuters consensus estimate of $19.61. The company issued revenue guidance of ~$34 billion, compared to the consensus revenue estimate of $34.29 billion.Northrop Grumman also updated its FY 2019 guidance to $18.50-19.00 EPS.

What price target have analysts set for NOC?

18 Wall Street analysts have issued 12 month price targets for Northrop Grumman's stock. Their forecasts range from $273.00 to $431.00. On average, they anticipate Northrop Grumman's stock price to reach $335.4706 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Northrop Grumman.

What is the consensus analysts' recommendation for Northrop Grumman?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 6 hold ratings and 12 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 trended positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northrop Grumman earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned headlines about the aerospace company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

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 NVIDIA (NVDA), Boeing (BA), Lockheed Martin (LMT), Raytheon (RTN), Micron Technology (MU), Alibaba Group (BABA), Home Depot (HD), Netflix (NFLX), Intel (INTC) and JPMorgan Chase & Co. (JPM).

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 shareholders include BlackRock Inc. (6.84%), FMR LLC (3.21%), Massachusetts Financial Services Co. MA (2.99%), Macquarie Group Ltd. (1.48%), Geode Capital Management LLC (1.18%) and Bank of America Corp DE (1.12%). 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, Kenneth L Bedingfield, Lesley A Kalan, Lisa R Davis, Mark A Caylor, Michael A Hardesty, Patrick M Antkowiak, Shawn N Purvis, Sheila C Cheston, Sid Ashworth, Thomas E Vice 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 FMR LLC, BlackRock Inc., Bank of America Corp DE, Bank of New York Mellon Corp, Voloridge Investment Management LLC, Robeco Institutional Asset Management B.V., WINTON GROUP Ltd and State of Tennessee Treasury Department. 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, 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 purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A., California Public Employees Retirement System, Lord Abbett & CO. LLC, Macquarie Group Ltd., Mackenzie Financial Corp and Brandywine Global Investment Management 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 $268.36.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $45.55 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:  497 (Vote Outperform)
Underperform Votes:  557 (Vote Underperform)
Total Votes:  1,054
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 3/22/2019 by MarketBeat.com Staff

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