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NYSE:NOC

Northrop Grumman Stock Forecast, Price & News

$328.00
+3.28 (+1.01 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$322.94
Now: $328.00
$329.58
50-Day Range
$324.72
MA: $338.53
$348.99
52-Week Range
$263.31
Now: $328.00
$385.01
Volume644,903 shs
Average Volume998,180 shs
Market Capitalization$54.68 billion
P/E Ratio23.07
Dividend Yield1.79%
Beta0.77
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


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$33.84 billion
Cash Flow$26.73 per share
Book Value$52.61 per share

Profitability

Net Income$2.25 billion

Miscellaneous

Employees90,000
Market Cap$54.68 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$328.00
+3.28 (+1.01 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Northrop Grumman (NYSE:NOC) Frequently Asked Questions

How has Northrop Grumman's stock price been impacted by COVID-19 (Coronavirus)?

Northrop Grumman's stock was trading at $317.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NOC shares have increased by 3.2% and is now trading at $328.00.
View which stocks have been most impacted by COVID-19
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Do Wall Street analysts recommend investors buy shares of Northrop Grumman?

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Northrop Grumman
.

When is Northrop Grumman's next earnings date?

Northrop Grumman is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Northrop Grumman
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) announced its earnings results on Thursday, July, 30th. The aerospace company reported $6.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $5.32 by $0.69. The aerospace company earned $8.88 billion during the quarter, compared to analysts' expectations of $8.66 billion. Northrop Grumman had a return on equity of 40.24% and a net margin of 6.91%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.06 earnings per share.
View Northrop Grumman's earnings history
.

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

Northrop Grumman announced a quarterly dividend on Wednesday, August 19th. Stockholders of record on Monday, August 31st will be given a dividend of $1.45 per share on Wednesday, September 16th. This represents a $5.80 annualized dividend and a yield of 1.77%. The ex-dividend date is Friday, August 28th.
View Northrop Grumman's dividend history
.

How will Northrop Grumman's stock buyback program work?

Northrop Grumman announced that its board has authorized a stock repurchase plan on Tuesday, December 4th 2018, which allows the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

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

Northrop Grumman updated its FY20 earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of $22.00-22.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $22.12. The company issued revenue guidance of $35.3-35.6 million, compared to the consensus revenue estimate of $35.22 billion.

What price target have analysts set for NOC?

9 brokers have issued twelve-month target prices for Northrop Grumman's shares. Their forecasts range from $337.00 to $470.00. On average, they expect Northrop Grumman's stock price to reach $398.67 in the next year. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Northrop Grumman
.

Has Northrop Grumman been receiving favorable news coverage?

Media coverage about NOC stock has trended positive on Saturday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. 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 media sentiment score of 2.8 on InfoTrie's scale. They also assigned headlines about the aerospace company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Northrop Grumman
.

Are investors shorting Northrop Grumman?

Northrop Grumman saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,290,000 shares, a decrease of 18.9% from the August 31st total of 1,590,000 shares. Based on an average trading volume of 799,900 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.8% of the shares of the company are short sold.
View Northrop Grumman's Short Interest
.

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 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 Alibaba Group (BABA).

Who are Northrop Grumman's key executives?

Northrop Grumman's management team includes the following 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)

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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.72%), BlackRock Inc. (5.93%), FMR LLC (3.14%), Bank of America Corp DE (1.74%), Macquarie Group Ltd. (1.25%) and Bank of New York Mellon Corp (0.79%). 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 Vanguard Group Inc., Nuveen Asset Management LLC, FMR LLC, State of Tennessee Treasury Department, Advisor Group Holdings Inc., AQR Capital Management LLC, Toronto Dominion Bank, and Macquarie Group Ltd.. Company insiders that have sold Northrop Grumman company stock in the last year include David T Perry, Kenneth L Bedingfield, Mark A Caylor, Mary D Petryszyn, and Michael A Hardesty.
View insider buying and selling activity for Northrop Grumman
.

Which institutional investors are buying Northrop Grumman stock?

NOC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Epoch Investment Partners Inc., Bank of Nova Scotia, TD Asset Management Inc., SG Americas Securities LLC, Two Sigma Advisers LP, Royal London Asset Management Ltd., and Rovida Advisors Inc..
View insider buying and selling activity 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 $328.00.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $54.68 billion and generates $33.84 billion in revenue each year. The aerospace company earns $2.25 billion in net income (profit) each year or $21.21 on an earnings per share basis. Northrop Grumman employs 90,000 workers across the globe.

What is Northrop Grumman's official website?

The official website for Northrop Grumman is 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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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