Lockheed Martin Corporation (LMT)

NYSE: LMT · Real-Time Price · USD
489.98
+1.85 (0.38%)
At close: Dec 26, 2024, 4:00 PM
489.93
-0.05 (-0.01%)
After-hours: Dec 26, 2024, 7:48 PM EST
0.38%
Market Cap 116.14B
Revenue (ttm) 71.30B
Net Income (ttm) 6.68B
Shares Out 237.04M
EPS (ttm) 27.67
PE Ratio 17.71
Forward PE 18.03
Dividend $13.20 (2.69%)
Ex-Dividend Date Dec 2, 2024
Volume 661,856
Open 488.00
Previous Close 488.13
Day's Range 486.27 - 493.47
52-Week Range 413.92 - 618.95
Beta 0.46
Analysts Buy
Price Target 624.09 (+27.37%)
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 $624.09, which is an increase of 27.37% from the latest price.

Price Target
$624.09
(27.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Will Military Tech Firms Unseat Lockheed Martin?

It's a fascinating document. Anduril, an up and coming emerging tech firm in the defense sector, has published a “mission document” entitled “Rebooting the Arsenal of Democracy.

12 hours ago - Forbes

Final Trades: Zoom, Lockheed Martin and the IWD

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

Other symbols: ZMIWD
3 days ago - CNBC Television

Palantir Vs. Lockheed: A Tech-Fueled Showdown In The $850 Billion Defense Market

Battle lines are drawn in the defense sector. On one side, Palantir Technologies Inc PLTR riding high on a meteoric stock surge of over 350% this year.

Other symbols: PLTR
3 days ago - Benzinga

Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy

The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63...

Other symbols: ADMCOPCVSETHALJNJKO
8 days ago - Seeking Alpha

Lockheed Martin completes autonomous rocket launcher demo

CNBC's Morgan Brennan talks Lockheed Martin's successful demo of autonomous vehicles and machinery.

9 days ago - CNBC Television

Seventh Lockheed Martin-Built GPS III Satellite Launches, Supporting Next-Gen Constellation Modernization and Rapid Launch Capability

CAPE CANAVERAL SPACE FORCE STATION, Fla., Dec. 16, 2024 /PRNewswire/ -- This evening at 7:52 p.m.

10 days ago - PRNewsWire

Could Lockheed, Northrop, and RTX gain from US drone sightings?

Amid reports of drone sightings in the Northeastern US, the reported drones have garnered the attention of many, including President-elect Donald Trump. Bloomberg Intelligence senior aerospace defense...

Other symbols: NOCRTX
10 days ago - Yahoo Finance

Lockheed forms subsidiary to help defense companies adopt AI

Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial intelligence into their operations.

10 days ago - Reuters

5 Stocks to Buy for a Trump Presidency

Donald Trump will be the 47th President of the United States. These five stocks are set to benefit from a second Trump administration.

Other symbols: GEOJPMNUEXOM
14 days ago - Kiplinger

The Rise of Critical Infrastructure Protection Market: A $178.3 billion Industry Dominated by BAE Systems, Lockheed Martin, General Dynamics | MarketsandMarkets™

Delray Beach, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The global Critical Infrastructure Protection Market size is projected to grow from USD 148.1 billion in 2024 to USD 178.3 billion by 2029 at a Comp...

Other symbols: GD
14 days ago - GlobeNewsWire

Lockheed Martin Elects John C. Aquilino to Board of Directors

BETHESDA, Md., Dec. 11, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced its board of directors has elected Admiral John C.

15 days ago - PRNewsWire

Lockheed Martin: Price Pullback And Record Backlog Spell Opportunity

Lockheed Martin remains a strong investment case, supported by steady revenue growth and a record $165 billion backlog. Recent pullback presents a solid buying opportunity, as LMT continues to secure ...

15 days ago - Seeking Alpha

Rossell Techsys Limited Receives Outstanding Supplier Recognition from Lockheed Martin at the 10th Lockheed Martin Suppliers Conference

BANGALORE, India , Dec. 11, 2024 /PRNewswire/ -- Rossell Techsys Limited (ROSSTECH), a leading aerospace and defense service provider, has been awarded the prestigious 'Outstanding Supplier Recognitio...

15 days ago - PRNewsWire

Lockheed Martin CEO responds to Elon Musk's criticism of F-35 program

CNBC's Morgan Brennan revisits conversations with Lockheed Martin CEO and AeroVironment CEO from the Reagan National Defense Forum.

17 days ago - CNBC Television

Why Lockheed Martin Stock Is A Buy In 2025 Despite Low Growth

Aerospace and defense stocks, like Lockheed Martin, offer long-term investment opportunities, with a focus on EBITDA and free cash flow growth, dividends, buybacks, risks, and stock price targets. Loc...

17 days ago - Seeking Alpha

Red, White, And Wealth: Building An All-American Dividend Portfolio

I love America and invest heavily in it for good reason. This article explores why the U.S. outshines the world economically and strategically for investors. With unmatched innovation, military streng...

Other symbols: ADMAMZNFANGKRPLBLHXMA
17 days ago - Seeking Alpha

Lockheed Martin Names New General Counsel

BETHESDA, Md. , Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Lockheed Martin (NYSE: LMT) named Kevin O'Connor as the corporation's new senior vice president, general counsel and corporate se...

23 days ago - PRNewsWire

Lockheed Martin Corporation (LMT) UBS Global Industrials & Transportation Conference - (Transcript)

Lockheed Martin Corporation (NYSE:LMT) UBS Global Industrials & Transportation Conference Call December 3, 2024 8:00 AM ET Company Participants Jesus Malave - Chief Financial Officer Conference Call ...

23 days ago - Seeking Alpha

14 Upcoming Dividend Increases, Including A King

Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...

4 weeks ago - Seeking Alpha

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
4 weeks 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. ...

4 weeks 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 weeks 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
5 weeks 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 ...

5 weeks 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
5 weeks ago - CNBC