Northrop Grumman Corporation (NOC)
Market Cap | 62.74B |
Revenue (ttm) | 41.03B |
Net Income (ttm) | 4.17B |
Shares Out | 144.76M |
EPS (ttm) | 28.34 |
PE Ratio | 15.29 |
Forward PE | 15.44 |
Dividend | $8.24 (1.90%) |
Ex-Dividend Date | Dec 2, 2024 |
Volume | 1,561,783 |
Open | 443.47 |
Previous Close | 441.36 |
Day's Range | 430.00 - 451.08 |
52-Week Range | 418.60 - 555.57 |
Beta | 0.35 |
Analysts | Buy |
Price Target | 550.75 (+27.06%) |
Earnings Date | Jan 30, 2025 |
About NOC
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, the Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, and surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle m... [Read more]
Financial Performance
In 2024, Northrop Grumman's revenue was $41.03 billion, an increase of 4.44% compared to the previous year's $39.29 billion. Earnings were $4.17 billion, an increase of 103.02%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $550.75, which is an increase of 27.06% from the latest price.
News
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Northrop Grumman Corporation (NOC) Citi's 2025 Global Industrial Tech and Mobility Conference (Transcript)
Northrop Grumman Corporation (NYSE:NOC) Citi's 2025 Global Industrial Tech and Mobility Conference Call February 19, 2025 9:40 AM ET Company Participants Kathy Warden - Chief Executive Officer Confer...
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U.S. Defense Stocks Are Recovering, European Ones Are Soaring. How Trump Changed the Outlook.
Investors expect European countries to ramp up spending on fighter jets, tanks, and other equipment, bolstering the shares of the companies that can build it.
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Northrop Grumman Board Declares Quarterly Dividend
FALLS CHURCH, Va., Feb. 18, 2025 (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 stoc...
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Lockheed Martin, General Dynamics Are Rising. How Russia Peace Talks Are Moving Defense Stocks.
As officials meet with Russian counterparts in Saudi Arabia Tuesday to discuss ending the war in Ukraine, shares are climbing again.
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European defense stocks hit record and government bond prices fall on bets of more military spending
Defense shares surge on expectations of higher NATO spending as Trump seeks deal with Putin
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Dividend Investors, Pay Attention: One Of The Best Dividend Opportunity I've Seen In Years
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Defense cuts wouldn't be a net negative for defense stocks, says TD Cowen's Roman Schweizer
CNBC's Eamon Javers and TD Cowen's Roman Schweizer, join 'The Exchange' to discuss Trump's comments on halving defense spending and the impact it could have on defense stocks.
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Trump: We could halve defense spending
CNBC's Eamon Javers joins 'Power Lunch' to discuss President Trump's latest remarks in the Oval office.
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Defense stocks drop after Trump says defense spending could be halved
Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.
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Northrop Grumman to Participate in Citi's 2025 Global Industrial Tech and Mobility Conference
FALLS CHURCH, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Citi's 2025 Global Industrial Tech and Mobility Conference on Wednesday, February 19. ...
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US approves potential sale of Lockheed, Northrop Grumman systems to Egypt
The U.S. State Department has approved the potential sale of Lockheed Martin and Northrop Grumman Corp's defense systems to Egypt, the Pentagon's Defense Security Cooperation Agency said on Tuesday.
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Why Northrop Grumman Could Be A Smart Long-Term Investment
Northrop Grumman is poised for long-term growth due to rising global military spending and increased demand from the US Department of Defense. Despite risks like Chinese competition and over-dependenc...
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Northrop Grumman To See Steady Growth In 2025 Despite Challenges, Says Analyst
Truist Securities analyst Michael Ciarmoli reiterated a Buy rating on the shares of Northrop Grumman Corp NOC with a price forecast of $545.
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Weapons-Grade Wealth: Why Northrop Grumman Is Built To Outperform
Northrop Grumman's record $91.5 billion backlog, strong international demand, and key defense programs like the B-21 bomber drive long-term revenue growth. Consistent dividend growth, aggressive buyba...
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Northrop Grumman: Technological Innovation Can Fuel Future Success
Northrop Grumman is a strong long-term investment due to its strong market position, fair valuation, and expected growth in the aerospace and defense sector. NOC's advancements in A.I. and autonomous ...
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Northrop Grumman Corporation (NOC) Q4 2024 Earnings Call Transcript
Northrop Grumman Corporation (NYSE:NOC) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Todd Ernst - Vice President of Investor Relations Kathy Warden - Chair, Chief...
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Serco Announces Intent to Acquire Northrop Grumman's Mission Training and Satellite Ground Network Communications Software Business Strengthening U.S. Defense and Space Solutions
Expands capabilities in high-end training service, exercise simulation, and ground satellite communications software Expands capabilities in high-end training service, exercise simulation, and ground ...
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Northrop Grumman Releases Fourth Quarter and Full-Year 2024 Financial Results
FALLS CHURCH, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its fourth quarter and full-year 2024 financial results. A copy of the earnings release has b...
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Northrop posts quarterly profit vs year-ago loss on surge in military equipment demand
U.S. defense company Northrop Grumman posted a quarterly profit on Thursday, from a year-ago loss, as headwinds from its B-21 Raider stealth bomber program eased and rising geopolitical tensions stoke...
Is the defense sector poised for growth under Trump 2.0?
The aerospace and defense sector is poised for change under the Trump administration and Pete Hegseth's confirmation as the Secretary of the US Department of Defense with Wall Street experts anticipat...
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Planisware Enterprise Selected by Northrop Grumman as Enterprise-Wide Program Management System to Drive Innovation and Enhance Operational Excellence
SAN FRANCISCO--(BUSINESS WIRE)--Planisware Enterprise selected by Northrop Grumman as enterprise-wide Program Management System to drive innovation and enhance operational excellence.
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Planisware selected by Northrop Grumman to drive innovation and enhance operational excellence
Planisware Enterprise selected by Northrop Grumman as enterprise-wide Program Management System to drive innovation and enhance operational excellence