Lockheed Martin Corporation (LMT)

NYSE: LMT · Real-Time Price · USD
440.72
+4.43 (1.02%)
Feb 21, 2025, 4:00 PM EST - Market closed
1.02%
Market Cap 103.74B
Revenue (ttm) 71.04B
Net Income (ttm) 5.34B
Shares Out 235.39M
EPS (ttm) 22.31
PE Ratio 19.75
Forward PE 16.19
Dividend $13.20 (3.00%)
Ex-Dividend Date Mar 3, 2025
Volume 1,651,724
Open 436.39
Previous Close 436.29
Day's Range 435.67 - 443.73
52-Week Range 419.70 - 618.95
Beta 0.48
Analysts Buy
Price Target 552.25 (+25.31%)
Earnings Date Jan 28, 2025

About LMT

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and precision str... [Read more]

Sector Industrials
Founded 1912
Employees 121,000
Stock Exchange NYSE
Ticker Symbol LMT
Full Company Profile

Financial Performance

In 2024, Lockheed Martin's revenue was $71.04 billion, an increase of 5.14% compared to the previous year's $67.57 billion. Earnings were $5.34 billion, a decrease of -22.89%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $552.25, which is an increase of 25.31% from the latest price.

Price Target
$552.25
(25.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lockheed Martin Has Moved Into Solid Buying Territory

Lockheed Martin is a leading defense company with a strong market position, making it an attractive investment, especially during the current market drawback. FY2024 results show $71 billion in sales,...

1 day ago - Seeking Alpha

Lockheed Martin Corporation (LMT) Citi's 2025 Global Industrial Tech and Mobility Conference Transcript

Lockheed Martin Corporation (LMT) Citi's 2025 Global Industrial Tech and Mobility Conference Transcript

1 day ago - Seeking Alpha

The Dividend Strategy That Could Make Me A Millionaire - And How You Can Copy It

Self-made millionaires build wealth through disciplined, consistent investing. I focus on dividend growth stocks, avoid single-stock risks, and live below my means to reinvest. I invest in wide-moat c...

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1 day ago - Seeking Alpha

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.

Other symbols: GDNOCRTX
2 days ago - Barrons

European Defense Stocks Gain as Trump Tanks Shares of U.S. Rivals

“NATO is dead,” wrote Vertical Research Partners analyst in a Tuesday report summarizing recent news for his clients.

Other symbols: GDNOCRTXBALHX
3 days ago - Barrons

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.

Other symbols: GDNOCRTX
3 days ago - Barrons

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

Other symbols: GDNOCRTX
4 days ago - Market Watch

Dividend Investors, Pay Attention: One Of The Best Dividend Opportunity I've Seen In Years

A rare dividend opportunity has emerged, offering a mix of strong yield, growth, and resilience. I believe this setup is too good to ignore. Market conditions, valuation, and long-term fundamentals al...

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4 days ago - Seeking Alpha

Lockheed Martin Pain Is Europe's Gain as Trump Takes Aim at Defense Spending

The U.S. currently spends substantially more than allies on defense. That could be changing.

4 days ago - Barrons

European defence stocks surge as top leaders hold summit on Ukraine

Europe's aerospace and defence stocks rallied on Monday as the region's top political leaders called for an emergency summit on the Ukraine war amid growing U.S. calls to boost military spending for s...

4 days ago - Reuters

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.

Other symbols: GDNOCRTXHIIITALDOSLHX
7 days ago - CNBC Television

All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On

Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend...

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7 days ago - Seeking Alpha

Trump: We could halve defense spending

CNBC's Eamon Javers joins 'Power Lunch' to discuss President Trump's latest remarks in the Oval office.

Other symbols: GDNOCRTX
8 days ago - CNBC Television

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.

Other symbols: GDNOCRTX
8 days ago - CNBC

Lockheed Martin Corporation (LMT) TD Cowen 46th Annual Aerospace & Defense Conference (Transcript)

Lockheed Martin Corporation (NYSE:LMT) TD Cowen 46th Annual Aerospace & Defense Conference February 13, 2025 8:30 AM ET Company Participants Jay Malave - CFO Conference Call Participants Gautam Khann...

8 days ago - Seeking Alpha

Lockheed Martin CEO and CFO to Speak at Citi's 2025 Global Industrial Tech and Mobility Conference

BETHESDA, Md. , Feb. 13, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chairman, President and CEO Jim Taiclet and CFO Jay Malave will participate in a fireside chat at Citi's 2025 Global Industria...

8 days ago - PRNewsWire

Ultra-High Conviction: 3 Of My Biggest Dividend Holdings Are On Sale

Warren Buffett's rule of "never lose money" emphasizes how a loss, even small, compounds negatively. Every dollar wasted is a missed opportunity for compounded growth. Howard Marks stresses risk manag...

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13 days ago - Seeking Alpha

3 Ideal Buys In 63 January Fortune 500 Industry Leaders Wherein 57 Paid Dividends And 39 Tested As 'Safer'

The June/July 2024 Fortune Magazine revealed 500 biggest U.S. companies by revenue and profits. Arnold-research focused on January industry-leaders using YCharts 1/30/25 data for profits from 63. Thos...

Other symbols: ADMCSCOCVSETHALIBMJNJ
14 days ago - Seeking Alpha

Lockheed Martin CFO to Speak at the TD Cowen 46th Annual Aerospace & Defense Conference

BETHESDA, Md. , Feb. 6, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) CFO Jay Malave will participate in a fireside chat at the TD Cowen 46th Annual Aerospace & Defense Conference on Thursday, Feb....

15 days ago - PRNewsWire

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.

Other symbols: NOC
17 days ago - Reuters

3 Dividend Mistakes That Could Cost You A Fortune

The decline in the U.S. dollar's purchasing power is a major reason I invest in dividend growth stocks. Holding cash feels safe, but over time, it loses value. My biggest investment mistakes taught me...

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17 days ago - Seeking Alpha

Lockheed Martin Delivers First F-16 Block 70 Jet to Bulgaria

GREENVILLE, S.C. , Feb. 3, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the delivery of the first F-16 Block 70 jet to Bulgaria, marking a major step forward in the country's effor...

18 days ago - PRNewsWire

2 Magnificent Opportunities Yielding Up To 8%

Earnings season offers opportunities for patient investors to capitalize on temporary stock price drops, particularly with stocks offering durable dividends and strong fundamentals. Lockheed Martin pr...

Other symbols: MO
20 days ago - Seeking Alpha

U.S. Navy Awards Lockheed Martin $383 Million for Next Generation of U.S. Deterrence at Sea

Company will build production facility in Florida and add approximately 300 jobs to support strategic missile modernization  TITUSVILLE, Fla. , Jan. 31, 2025 /PRNewswire/ -- The U.S. Navy awarded Lock...

21 days ago - PRNewsWire

Lockheed Martin Stock: A Buy With $565 Price Target

Lockheed Martin had a rough quarter, missing sales and EPS estimates, with significant unplanned charges impacting earnings, particularly in classified programs. Despite the poor Q4 results, Lockheed ...

22 days ago - Seeking Alpha