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 N/A
Sub-IndustryAerospace & Defense
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees90,000
Next Earnings Date4/22/2020 (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 Tuesday, February 11th. Investors of record on Monday, February 24th will be paid a dividend of $1.32 per share on Wednesday, March 11th. This represents a $5.28 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Friday, February 21st. View Northrop Grumman's Dividend History.
How will Northrop Grumman's stock buyback program work?
Northrop Grumman declared that its Board of Directors has initiated a share buyback program on Tuesday, December 4th 2018, which authorizes the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.
How were Northrop Grumman's earnings last quarter?
Northrop Grumman Co. (NYSE:NOC) posted its quarterly earnings results on Thursday, January, 30th. The aerospace company reported $5.61 EPS for the quarter, beating analysts' consensus estimates of $4.77 by $0.84. The aerospace company earned $8.72 billion during the quarter, compared to analyst estimates of $8.84 billion. The business's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm posted $4.93 EPS. View Northrop Grumman's Earnings History.
When is Northrop Grumman's next earnings date?
What guidance has Northrop Grumman issued on next quarter's earnings?
Northrop Grumman updated its FY 2020
Pre-Market earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of 22.75-23.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $23.10. The company issued revenue guidance of $35.3-35.8 billion, compared to the consensus revenue estimate of $35.95 billion.
What price target have analysts set for NOC?
10 Wall Street analysts have issued 1 year price objectives for Northrop Grumman's shares. Their forecasts range from $315.00 to $455.00. On average, they anticipate Northrop Grumman's share price to reach $389.44 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for Northrop Grumman.
What is the consensus analysts' recommendation for Northrop Grumman?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Northrop Grumman.
Has Northrop Grumman been receiving favorable news coverage?
News articles about NOC stock have been trending extremely negative on Sunday, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Northrop Grumman earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Northrop Grumman.
Are investors shorting Northrop Grumman?
Northrop Grumman saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,180,000 shares, an increase of 7.9% from the January 15th total of 2,020,000 shares. Based on an average daily volume of 987,300 shares, the short-interest ratio is presently 2.2 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 Rockwell Collins (COL), Axon Enterprise (AAXN), AeroVironment (AVAV), Astronics (ATRO), CPI Aerostructures (CVU), SIFCO Industries (SIF), AAR (AIR), Aerojet Rocketdyne (AJRD), Boeing (BA), Cubic (CUB), Curtiss-Wright (CW), General Dynamics (GD), Heico (HEI), Hexcel (HXL) and Honeywell International (HON).
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 number of of institutional and retail investors. Top institutional shareholders include State Street Corp (10.11%), Massachusetts Financial Services Co. MA (3.10%), FMR LLC (2.93%), Bank of America Corp DE (1.60%), Bank of New York Mellon Corp (0.81%) and Franklin Resources Inc. (0.78%). Company insiders that own Northrop Grumman stock include Christopher T Jones, David T Perry, Janis G Pamiljans, Kathy J Warden, Kenneth L Bedingfield, Lesley A Kalan, Madeleine Kleiner, Mark A Caylor, Mary D Petryszyn, Michael A Hardesty, Patrick M Antkowiak, Shawn N Purvis, Sheila C Cheston 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, Lord Abbett & CO. LLC, Massachusetts Financial Services Co. MA, TD Asset Management Inc., DekaBank Deutsche Girozentrale, Natixis Advisors L.P., Sei Investments Co. and Aviva PLC. 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, Madeleine Kleiner, Mark A Caylor, Mary D Petryszyn, Michael A Hardesty, Patrick M Antkowiak 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 AQR Capital Management LLC, Johanson Financial Advisors Inc., Renaissance Technologies LLC, Credit Suisse AG, State of Tennessee Treasury Department, First Trust Advisors LP, MERIAN GLOBAL INVESTORS UK Ltd and MERIAN GLOBAL INVESTORS UK Ltd. 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 $370.94.
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.
