Lockheed Martin Corporation (LMT)
| Market Cap | 126.75B |
| Revenue (ttm) | 71.30B |
| Net Income (ttm) | 6.68B |
| Shares Out | 237.04M |
| EPS (ttm) | 27.67 |
| PE Ratio | 19.33 |
| Forward PE | 19.67 |
| Dividend | $13.20 (2.47%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 708,522 |
| Open | 534.18 |
| Previous Close | 533.26 |
| Day's Range | 529.20 - 535.23 |
| 52-Week Range | 413.92 - 618.95 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 622.45 (+16.41%) |
| Earnings Date | Oct 22, 2024 |
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]
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 StatementsAnalyst 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 16.41% from the latest price.
News
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.
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...
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.
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.
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.
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...
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...
Final Trades: Salesforce, Lockheed Martin, Interactive Brokers and the IJR
The Investment Committee give you their top stocks to watch for the second half.
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.
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 ...
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...
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...
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...
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...
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.
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...
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 ...
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 ...
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...
Trade Tracker: Jim Lebenthal buys Lockheed Martin, Bill Baruch sells ConocoPhillips
Jim Lebenthal and Bill Baruch join CNBC's "Halftime Report" to discuss their latest trades in Lockheed Martin, ConocoPhillips and SLB.
What's Happening With Lockheed Martin Stock?
Lockheed Martin (NYSE: LMT) recently reported its Q3 2024 results, with revenues and earnings slightly ahead of our estimates. The company reported revenue of $17.1 billion and adjusted earnings of $6...
Top 3 Industrials Stocks That Could Blast Off In October
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Why Did Lockheed Martin Stock Tumble After Earnings Report?
Lockheed Martin's Q3 earnings report showed plateauing sales and a decline in free cash flow, leading to a 6% drop in stock price. Despite missing sales estimates, Lockheed Martin's GAAP EPS and core ...
Lockheed Martin Corporation (LMT) Q3 2024 Earnings Call Transcript
Lockheed Martin Corporation (NYSE:LMT) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer and Investor Relations James Ta...