Log in
NYSE:NOC

Northrop Grumman Stock Forecast, Price & News

$298.77
-2.33 (-0.77 %)
(As of 12/2/2020 12:00 AM ET)
Add
Compare
Today's Range
$297.74
Now: $298.77
$301.69
50-Day Range
$289.82
MA: $306.77
$316.24
52-Week Range
$263.31
Now: $298.77
$385.01
Volume753,730 shs
Average Volume993,442 shs
Market Capitalization$49.81 billion
P/E Ratio20.44
Dividend Yield1.93%
Beta0.79
Northrop Grumman Corporation operates as a security company. It provides various systems, products, and solutions in autonomous systems, cyber, space, strike, and logistics and modernization, as well as in command, control, communications and computers, intelligence, surveillance, and reconnaissance (C4ISR) to customers in the United States and internationally. The company operates through Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems segments. It 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 company also designs, develops, integrates, and produces flights, armaments, and space systems to enable national security, civil government, and commercial customers in achieving their critical missions. Its space systems include launch vehicles and related propulsion systems; missile products and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and aerospace structures. In addition, it offers C4ISR systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; cyber solutions; space and intelligence processing systems; air and missile defense integration systems; navigation systems; and shipboard missiles and encapsulated payload launch systems. Further, the company provides life-cycle solutions and services in support of networks and systems, including sustainment, modernization, training and simulation, software, engineering services, cyber, rapidly-deployable global logistics, and information technology. The company was founded in 1939 and is based in Falls Church, Virginia.
Northrop Grumman logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.69 out of 5 stars


Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP66680710
Phone703-280-2900
Employees90,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$33.84 billion
Cash Flow$26.39 per share
Book Value$62.78 per share

Profitability

Net Income$2.25 billion

Miscellaneous

Market Cap$49.81 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$298.77
-2.33 (-0.77 %)
(As of 12/2/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive NOC News and Ratings via Email

Sign-up to receive the latest news and ratings for NOC and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











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. Since then, NOC stock has decreased by 6.0% and is now trading at $298.77.
View which stocks have been most impacted by COVID-19
.

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, 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Northrop Grumman
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Northrop Grumman?

Wall Street analysts have given Northrop Grumman a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Northrop Grumman wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Northrop Grumman's next earnings date?

Northrop Grumman is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Northrop Grumman
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) released its earnings results on Thursday, October, 22nd. The aerospace company reported $5.89 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $5.60 by $0.29. The aerospace company had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.85 billion. Northrop Grumman had a net margin of 6.94% and a return on equity of 40.02%. Northrop Grumman's revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business earned $5.49 EPS.
View Northrop Grumman's earnings history
.

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

Northrop Grumman declared a quarterly dividend on Wednesday, November 18th. Stockholders of record on Monday, November 30th will be given a dividend of $1.45 per share on Wednesday, December 16th. This represents a $5.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, November 27th.
View Northrop Grumman's dividend history
.

How will Northrop Grumman's stock buyback program work?

Northrop Grumman declared that its Board of Directors has authorized a share buyback plan on Tuesday, December 4th 2018, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

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

Northrop Grumman updated its FY20 earnings guidance on Thursday, October, 22nd. The company provided earnings per share guidance of $22.25-22.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $22.36. The company issued revenue guidance of $35.7-36.0 billion, compared to the consensus revenue estimate of $35.47 billion.

What price target have analysts set for NOC?

9 analysts have issued 12-month price objectives for Northrop Grumman's stock. Their forecasts range from $337.00 to $470.00. On average, they expect Northrop Grumman's stock price to reach $397.80 in the next year. This suggests a possible upside of 33.1% from the stock's current price.
View analysts' price targets for Northrop Grumman
.

Are investors shorting Northrop Grumman?

Northrop Grumman saw a decline in short interest in November. As of November 15th, there was short interest totaling 1,280,000 shares, a decline of 32.3% from the October 31st total of 1,890,000 shares. Based on an average daily volume of 858,200 shares, the short-interest ratio is presently 1.5 days. Currently, 0.8% of the company's shares 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), The Boeing (BA), The Home Depot (HD), Micron Technology (MU), The Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC) and Honeywell International (HON).

Who are Northrop Grumman's key executives?

Northrop Grumman's management team includes the following people:
  • Ms. Kathy J. Warden, Chairman, CEO & Pres (Age 48)
  • Mr. Janis G. Pamiljans, Corp. VP & Pres of Aeronautics Systems Sector (Age 59, Pay $2.63M)
  • Mr. Mark A. Caylor, Corp. VP & Pres of Mission Systems Sector (Age 55, Pay $2.41M)
  • Mr. David F. Keffer, Corp. VP & CFO (Age 42)
  • Mr. Rajender K. Chandhok, VP of Trust Admin. and Investments (Age 70)
  • Mr. Michael A. Hardesty, Corp. VP, Controller & Chief Accounting Officer (Age 48)
  • Mr. Todd B. Ernst, VP of Investor Relations
  • Ms. Sheila C. Cheston, Corp. VP & Gen. Counsel (Age 61)
  • Mr. Carl Hahn, Chief Compliance Officer & VP
  • Ms. Lucy C. Ryan, Corp. VP of Communications (Age 46)

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 variety of institutional and retail investors. Top institutional investors include State Street Corp (9.79%), BlackRock Inc. (5.54%), Massachusetts Financial Services Co. MA (3.57%), Morgan Stanley (0.59%), Nuveen Asset Management LLC (0.57%) and Wells Fargo & Company MN (0.48%). Company insiders that own Northrop Grumman stock 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 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 BlackRock Inc., First Trust Advisors LP, State Street Corp, AQR Capital Management LLC, Voloridge Investment Management LLC, Ziegler Capital Management LLC, Alkeon Capital Management LLC, and The Manufacturers Life Insurance Company. 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 Arrowstreet Capital Limited Partnership, Epoch Investment Partners Inc., Focused Investors LLC, Bradley Foster & Sargent Inc. CT, AustralianSuper Pty Ltd, Allianz Asset Management GmbH, Allen Investment Management LLC, and LSV Asset Management.
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 $298.77.

How big of a company is Northrop Grumman?

Northrop Grumman has a market capitalization of $49.81 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 12/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.