Northrop Grumman Stock Forecast, Price & News

10 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 4 buy ratings for the stock. The consensus among Wall Street equities 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.
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10 analysts have issued 1-year target prices for Northrop Grumman's shares. Their NOC stock forecasts range from $350.00 to $521.00. On average, they expect Northrop Grumman's share price to reach $445.44 in the next year. This suggests that the stock has a possible downside of 3.9%.
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Northrop Grumman's stock was trading at $387.07 on January 1st, 2022. Since then, NOC shares have increased by 19.8% and is now trading at $463.70.
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Northrop Grumman saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 2,070,000 shares, an increase of 37.1% from the May 15th total of 1,510,000 shares. Based on an average daily volume of 862,500 shares, the short-interest ratio is presently 2.4 days. Currently, 1.3% of the shares of the company are sold short.
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Northrop Grumman is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Northrop Grumman Co. (NYSE:NOC) issued its quarterly earnings data on Thursday, April, 28th. The aerospace company reported $6.10 EPS for the quarter, beating analysts' consensus estimates of $5.95 by $0.15. The aerospace company had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $8.89 billion. Northrop Grumman had a trailing twelve-month return on equity of 32.82% and a net margin of 16.33%. Northrop Grumman's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.57 earnings per share.
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Northrop Grumman declared a quarterly dividend on Tuesday, May 17th. Investors 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 yield of 1.49%. The ex-dividend date is Friday, May 27th. This is a boost from Northrop Grumman's previous quarterly dividend of $1.57.
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Northrop Grumman(NYSE:NOC) pays an annual dividend of $6.92 per share and currently has a dividend yield of 1.52%. 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 19.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Northrop Grumman will have a dividend payout ratio of 25.41% next year. This indicates that Northrop Grumman will be able to sustain or increase its dividend.
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Northrop Grumman updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $24.50-$25.10 for the period, compared to the consensus estimate of $24.86. The company issued revenue guidance of $36.20 billion-$36.60 billion, compared to the consensus revenue estimate of $36.60 billion.

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.

Some companies that are related to Northrop Grumman include Honeywell International (HON), Lockheed Martin (LMT), Boeing (BA), General Dynamics (GD), TransDigm Group (TDG), HEICO (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Curtiss-Wright (CW), Hexcel (HXL), Aerojet Rocketdyne (AJRD), Spirit AeroSystems (SPR), AeroVironment (AVAV) and Kratos Defense & Security Solutions (KTOS).
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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 (HON).

Northrop Grumman trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOC."

Northrop Grumman's stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (9.28%), Capital International Investors (8.01%), Vanguard Group Inc. (7.66%), Wellington Management Group LLP (5.58%), BlackRock Inc. (5.57%) and Massachusetts Financial Services Co. MA (3.59%). Company insiders that own Northrop Grumman stock include Christopher T Jones, 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.
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NOC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Massachusetts Financial Services Co. MA, Clearbridge Investments LLC, ANTIPODES PARTNERS Ltd, Nuance Investments LLC, Baird Financial Group Inc., Capital International Investors, and Bank of Montreal Can. Company insiders that have sold Northrop Grumman company stock in the last two years include David T Perry, Janis G Pamiljans, Karl J Krapek, Kathy J Warden, Lesley A Kalan, Mark A Caylor, Mary D Petryszyn, Michael A Hardesty, Shawn N Purvis, Sheila C Cheston, and Thomas H Jones.
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NOC stock was bought by a variety of institutional investors in the last quarter, including Sanders Capital LLC, 1832 Asset Management L.P., Capital World Investors, Ruffer LLP, Aaron Wealth Advisors LLC, Allen Investment Management LLC, Chiron Investment Management LLC, and Bank of America Corp DE.
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Shares of NOC 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.
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One share of NOC stock can currently be purchased for approximately $463.70.

Northrop Grumman (NYSE:NOC) has a market capitalization of $72.08 billion and generates $35.67 billion in revenue each year. The aerospace company earns $7.01 billion in net income (profit) each year or $36.29 on an earnings per share basis.

Northrop Grumman employs 88,000 workers across the globe.

Northrop Grumman was founded in 1939.

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 [email protected], or via fax at 302-655-5049.