Northrop Grumman Corporation (NOC)

NYSE: NOC · IEX Real-Time Price · USD
470.22
-0.47 (-0.10%)
At close: May 17, 2024, 4:00 PM
470.00
-0.22 (-0.05%)
After-hours: May 17, 2024, 7:46 PM EDT
-0.10%
Market Cap 69.60B
Revenue (ttm) 40.12B
Net Income (ttm) 2.16B
Shares Out 147.99M
EPS (ttm) 14.37
PE Ratio 32.72
Forward PE 18.43
Dividend $8.24 (1.75%)
Ex-Dividend Date May 24, 2024
Volume 724,655
Open 471.87
Previous Close 470.69
Day's Range 468.21 - 471.87
52-Week Range 414.56 - 496.89
Beta 0.33
Analysts Buy
Price Target 500.55 (+6.45%)
Earnings Date Apr 25, 2024

About NOC

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne ba... [Read more]

Sector Industrials
Founded 1939
Employees 101,000
Stock Exchange NYSE
Ticker Symbol NOC
Full Company Profile

Financial Performance

In 2023, NOC's revenue was $39.29 billion, an increase of 7.34% compared to the previous year's $36.60 billion. Earnings were $2.06 billion, a decrease of -58.01%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $500.55, which is an increase of 6.45% from the latest price.

Price Target
$500.55
(6.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northrop Grumman to Accelerate AI Innovation with NVIDIA Software

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE: NOC) announced today an agreement for access and use of NVIDIA AI software to accelerate development of some of the most adv...

1 day ago - Business Wire

Northrop Grumman Increases Quarterly Dividend 10 Percent to $2.06

FALLS CHURCH, Va., May 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.06 per share on Northrop Grumman common stock...

3 days ago - GlobeNewsWire

Northrop Grumman Announces Leadership Changes

FALLS CHURCH, Va., May 14, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announces that Dave Keffer, corporate vice president and chief financial officer, has announced his intent ...

3 days ago - GlobeNewsWire

SWISSto12 supplies Northrop Grumman with critical Radio Frequency products for a GEOStar-3 Commercial Satellite Program

RENENS, Switzerland--(BUSINESS WIRE)-- #3Dprinting--SWISSto12 supplies Northrop Grumman with critical Radio Frequency products for a GEOStar-3 Commercial Satellite Program.

5 days ago - Business Wire

Aerospace stock plays: Analyst likes Northrop Grumman on consistent earnings and sales growth

When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye...

14 days ago - Yahoo Finance

Northrop Grumman gets B-2 bomber contract with $7 billion ceiling

Northrop Grumman NOC, -2.34% Aerospace Systems received a contract with a ceiling of $7 billion to modernize and sustain U.S. Air Force B-2 aircraft.

15 days ago - Market Watch

Black Hat Asia 2024 Showcases Latest Cybersecurity Findings at Singapore Event

SINGAPORE--(BUSINESS WIRE)--Black Hat, the cybersecurity industry's most established and in-depth security event series, today announced the successful completion of the in-person component of Black H...

17 days ago - Business Wire

Northrop's Rocket Fuel Factory Is Slow to Take Off

The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.

20 days ago - WSJ

Is Northrop Grumman (NOC) a good defense stock to buy?

Northrop Grumman (NYSE: NOC) stock price staged a strong recovery this week after Joe Biden signed into law the $96 billion aid package for Israel, Ukraine, and Taiwan. It also rebounded after the fir...

22 days ago - Invezz

Northrop Grumman Releases First Quarter 2024 Financial Results

FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 financial results. A copy of the earnings release has been furnished ...

22 days ago - GlobeNewsWire

Exclusive: Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system

Aerospace and defense company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing high-resolution ...

4 weeks ago - Reuters

Defense stocks rally after Iran attacks Israel

CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.

Other symbols: RTXGDLHXLMT
4 weeks ago - CNBC Television

TRIVAD Recognized by Northrop Grumman for Quality Excellence

SAN FRANCISCO--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE:NOC) has recognized TRIVAD for Quality Excellence during the company's Supplier Excellence Awards.

5 weeks ago - Business Wire

CAES Honored with Northrop Grumman Supplier Excellence Award

ARLINGTON, Va.--(BUSINESS WIRE)-- #RF--CAES has been honored as one of more than 70 top suppliers from Northrop Grumman's network of partners.

6 weeks ago - Business Wire

Bayen Group Awarded by Northrop Grumman for Supplier Excellence

LOS ANGELES , April 1, 2024 /PRNewswire/ -- Northrop Grumman Corporation (NYSE:NOC) has recognized Bayen Group during the company's Supplier Excellence Awards. "Bayen Group has helped to advance natio...

6 weeks ago - PRNewsWire

Dynamic Systems, Inc. Awarded by Northrop Grumman for Supplier Excellence AND Top Small Business

LOS ANGELES--(BUSINESS WIRE)--Public Sector IT Solution Provider Dynamic Systems, Inc. Honored by Northrop Grumman as a Top Quality partner at the 2024 Supplier Excellence Awards.

7 weeks ago - Business Wire

Northrop Grumman Announces Webcast, Conference Call of First Quarter 2024 Financial Results

FALLS CHURCH, Va., March 21, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2024 financial results will be posted on its investor relations we...

2 months ago - GlobeNewsWire

Future Tech Enterprise Inc. Awarded by Northrop Grumman for Supplier Excellence

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE:NOC) has recognized Future Tech Enterprise Inc. during the company's Supplier Excellence Awards. “Future Tech has helped to a...

2 months ago - Business Wire

MACOM Awarded by Northrop Grumman for Supplier Excellence

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced that it has been recognized by Northrop Grumman Corporation as ...

2 months ago - Business Wire

Northrop Grumman Advances Sentinel Design Phase With Key Tests

ROY, Utah, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully completed tests of several crucial elements of the Sentinel intercontinental ballistic missile (ICBM)...

3 months ago - GlobeNewsWire

Northrop Grumman to Participate in the Barclays Industrials Select Conference

FALLS CHURCH, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Barclays 41st annual Industrials Select Conference on Thursday, February 22. Kathy...

3 months ago - GlobeNewsWire

Northrop Grumman Board Declares Quarterly Dividend

FALLS CHURCH, Va., Feb. 13, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.87 per share on Northrop Grumman common stoc...

3 months ago - GlobeNewsWire

Northrop Grumman Completes First Production Delivery for the US Army's Integrated Battle Command System

HUNTSVILLE, Ala., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) delivered the first production Integrated Battle Command System (IBCS) major end item, an Integrated Collab...

3 months ago - GlobeNewsWire

Scott Stapp, Former Northrop Grumman Chief Technology Officer, Joins DEFCON AI

MCLEAN, Va.--(BUSINESS WIRE)--DEFCON AI, an insights company that is building a next-generation modeling, simulation, and analysis (MS&A) toolset for modern military environments, today announced that...

3 months ago - Business Wire

Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution

Northrop Grumman NGI team completes review one year earlier than original contract date Northrop Grumman NGI team completes review one year earlier than original contract date

3 months ago - GlobeNewsWire