Lockheed Martin Corporation (LMT)

NYSE: LMT · Real-Time Price · USD
525.75
+4.30 (0.82%)
At close: Nov 27, 2024, 4:00 PM
526.50
+0.75 (0.14%)
After-hours: Nov 27, 2024, 4:35 PM EST
0.82%
Market Cap 124.62B
Revenue (ttm) 71.30B
Net Income (ttm) 6.68B
Shares Out 237.04M
EPS (ttm) 27.67
PE Ratio 19.00
Forward PE 19.34
Dividend $13.20 (2.51%)
Ex-Dividend Date Dec 2, 2024
Volume 714,208
Open 523.54
Previous Close 521.45
Day's Range 523.35 - 529.97
52-Week Range 413.92 - 618.95
Beta 0.48
Analysts Buy
Price Target 622.45 (+18.39%)
Earnings Date Jan 21, 2025

About LMT

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-gr... [Read more]

Sector Industrials
Founded 1912
Employees 122,000
Stock Exchange NYSE
Ticker Symbol LMT
Full Company Profile

Financial Performance

In 2023, Lockheed Martin's revenue was $67.57 billion, an increase of 2.41% compared to the previous year's $65.98 billion. Earnings were $6.92 billion, an increase of 20.73%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $622.45, which is an increase of 18.39% from the latest price.

Price Target
$622.45
(18.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Amazon, Charter, Lockheed Martin, Rockwell Automation

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNROKCHTR
1 day ago - CNBC Television

Lockheed Martin CFO to Speak at the UBS Global Industrials & Transportation Conference

BETHESDA, Md. , Nov. 26, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by CFO Jay Malave at the UBS Global Industrials & Transportation Conference on Tuesday, Dec. ...

1 day ago - PRNewsWire

Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...

4 days ago - Seeking Alpha

How to play the defense sector: Boeing, Lockheed Martin, RTX

Amid ongoing geopolitical tensions and President-elect Donald Trump's upcoming second term in the White House, Gabelli Funds portfolio manager and aerospace and defense analyst Tony Bancroft joins Jul...

Other symbols: BARTX
6 days ago - Yahoo Finance

Skunk Works® Demonstrates Airborne Battle Management of AI-Controlled Aircraft

IOWA CITY, Iowa , Nov. 21, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with Lockheed Martin's Demonstrations and Prototypes organization and the University of Iowa's ...

6 days ago - PRNewsWire

Wednesday's big stock stories: What's likely to move the market in the next trading session

The S&P 500 and the Nasdaq Composite ended Tuesday higher, as shares of Nvidia lifted the indexes. Here's what's on CNBC's radar going into Wednesday.

Other symbols: BXDALGSNVDATGT
8 days ago - CNBC

Ukraine, Middle East conflicts eating into US air defense stocks, US admiral says

Conflicts in Ukraine and the Middle East are eating into U.S. stockpiles of air defenses, the top U.S. admiral overseeing American forces in the Asia-Pacific region said on Tuesday.

Other symbols: GDNOCRTX
8 days ago - Reuters

Defense Stocks Under Fire: Why I'm Buying The Dip

My portfolio initially surged post-election but has since faced pressure due to market uncertainty surrounding Trump's controversial appointments and their economic impact. Key affected sectors includ...

Other symbols: GDGEITALHXNOCPPARTX
11 days ago - Seeking Alpha

How to trade defense stocks with uncertain government spending

Sheila Kahyaoglu, Jefferies equity analyst, joins CNBC's 'Closing Bell Overtime' to discuss the potential impact of the Department of Government Efficiency, her outlook on defense stocks, and more.

Other symbols: GDITALHXNOCXAR
12 days ago - CNBC Television

Defense Stocks Are Taking It On The Chin.

Shares of Lockheed, Northrop, and other defense contractors are having a lousy day. The precise reason is hard to say.

Other symbols: GDITALHXNOC
13 days ago - Barrons

Trade Tracker: Jim Lebenthal buys more Lockheed Martin

Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's 'Halftime Report' to discuss why he is buying more Lockheed Martin.

14 days ago - CNBC Television

X-59 Engine Roars, Lockheed Martin Starts Last Major Ground Test

PALMDALE, Calif. , Nov. 12, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with NASA Aeronautics, started X-59 engine run testing, marking the aircraft's final major sys...

15 days ago - PRNewsWire

Lockheed's Global Defense Expansion Drives Gains, While Technicals Hint At Pause

Lockheed Martin Corp LMT shares nudged up by 1.07% on Monday as reports emerged that Taiwan might be loading up on U.S. defense tech, with Lockheed's Aegis destroyer and F-35 fighter jets at the top o...

15 days ago - Benzinga

Final Trades: Salesforce, Lockheed Martin, Interactive Brokers and the IJR

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CRMIBKRIJR
16 days ago - CNBC Television

The Big 3: LMT, AMD, ET

Kenny Polcari believes there's positives in each of today's Big 3. He notes recent selloffs in each but expects better outlook for each.

Other symbols: AMDET
16 days ago - Schwab Network

Military Simulators and Training Market Size & Share Analysis, Regional Growth Trends & Forecasts (2024-2029) Featuring Profiles of Leading Players CAE, FlightSafety Int'l, Lockheed Martin & More

Dublin, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The "Military Simulators and Training Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's ...

16 days ago - GlobeNewsWire

Lockheed Martin: A Defense Stock Poised To Rise After Trump's Election

Lockheed Martin is a strong long-term investment due to geopolitical tensions in the world, limited competition in the sector, and potential defense spending increases under a Republican administratio...

19 days ago - Seeking Alpha

Lockheed Martin Should Benefit From Trump's 'Peace Through Strength' Approach

Lockheed Martin's strong financials, stable revenues, and large backlog make it a 'Strong Buy', despite recent revenue slowdowns and slight margin deterioration. Trump's 'Peace Through Strength' appro...

19 days ago - Seeking Alpha

U.S. Navy and Lockheed Martin Skunk Works® Demonstrate First Live Control of an Uncrewed Air Vehicle by UMCS and MDCX™

PATUXENT RIVER, Md. , Nov. 7, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) collaborated with the U.S. Navy and General Atomics (GA) in a first-ever live control flight demonstration of an uncrewed...

20 days ago - PRNewsWire

Lockheed Martin: Multiyear Growth Framework Forced Investors To Face The Truth

Lockheed Martin's Q2 surge was temporary, with Q3 results showing low-single-digit growth and missed estimates, reflecting supply chain constraints and limited margin expansion. Despite impressive bac...

20 days ago - Seeking Alpha

AMZN, PLTR, LMT & XOM: Names to Watch Heading Into 2025

Andrew Arons says the markets are entering a "nice, seasonal pattern" heading into the end of 2024. He's a bull after Donald Trump was elected to the Oval Office for a second term.

Other symbols: AMZNPLTRXOM
21 days ago - Schwab Network

2 Stocks To Buy No Matter Who Becomes President

Wall Street and other financial heavyweights have placed enormous bets on the 2024 election. Billionaire Paul Tudor Jones has said he will pull out of markets completely in the event of a Harris victo...

Other symbols: UNH
23 days ago - Benzinga

Australia cancels Lockheed Martin military satellite project

Australia has cancelled a multi-billion dollar military satellite project with Lockheed Martin , with a Department of Defence statement on Monday saying the military will instead shift its focus to a ...

24 days ago - Reuters

Lockheed Martin Advances Space Capabilities through Strategic Terran Orbital Acquisition

Deal Enables Rapid Development and Fielding of Mission-Ready Spacecraft    BETHESDA, Md. , Oct. 30, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed its previously announced acquisition ...

4 weeks ago - PRNewsWire

Buying The Dip - 2 Of My Best Dividend Stocks Are On Sale

Earnings season presents a challenging landscape for active traders, as predicting post-earnings reactions is often fraught with uncertainty about company performance and guidance. While S&P 500 earni...

Other symbols: CSL
4 weeks ago - Seeking Alpha