Lockheed Martin Corporation (LMT)
| Market Cap | 120.01B |
| Revenue (ttm) | 71.30B |
| Net Income (ttm) | 6.68B |
| Shares Out | 237.04M |
| EPS (ttm) | 27.67 |
| PE Ratio | 18.30 |
| Forward PE | 18.55 |
| Dividend | $13.20 (2.61%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 1,340,800 |
| Open | 495.00 |
| Previous Close | 490.32 |
| Day's Range | 494.72 - 509.55 |
| 52-Week Range | 413.92 - 618.95 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 579.92 (+14.54%) |
| Earnings Date | Jan 28, 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]
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 12 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $579.92, which is an increase of 14.54% from the latest price.
News
The Near-Perfect Dividend Portfolio With 10 Sleep-Well-At-Night Gems
In a challenging market marked by uncertainty, building a resilient portfolio is key to long-term financial stability and peace of mind. Sleep-well-at-night, or SWAN, stocks are key. These reliable di...
Lockheed Martin's $165 Billion Backlog: A Launchpad For Growth
Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government def...
Lockheed Martin: Space And Defense Investments Indicate Buy
Lockheed Martin saw a significant price drop due to unmet Q3 expectations and issues with the F-35 program, but remains a strong buy. LMT's robust contracts, including a $3.2 billion deal with the US ...
Lockheed Martin: China Sixth Generation Fighter And F-35 Risk Is Overblown
Deutsche Bank downgraded Lockheed Martin stock due to concerns over China's 6th generation fighter jet, but I believe these concerns are overblown. Over 1,000 F-35s have already been built, and shifti...
Aerospace & Defense Stocks To Watch: The Biggest U.S. Contractors
The aerospace and defense industry plays a pivotal role not just in national security but also the stock market. With U.S. defense spending leading the world, the largest contractors are well-position...
25% Off Sale - Let's Buy Lockheed Martin While It's Still Cheap
Lockheed Martin remains a cornerstone of my portfolio due to its focus on cutting-edge technologies and strong pipeline, despite recent price volatility. The company's diverse portfolio, including adv...
Lockheed Martin: Recession Proof Your Portfolio And Dividends With LMT
Lockheed Martin offers reliable, growing dividends with a 22-year streak and a current yield of 2.83%, making it ideal for dividend growth investors. The company has a robust capital allocation strate...
Lockheed Martin delivers 110 F-35 fighter jets in 2024
Lockheed Martin delivered a total of 110 F-35 fighter jets to the United States and its allies in 2024, the Bethesda, Maryland-based defense contractor said in a statement on Wednesday.
Lockheed Martin Announces Fourth Quarter and Full Year 2024 Earnings Results Webcast
BETHESDA, Md. , Jan. 2, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its fourth quarter and full year 2024 earnings results conference call (listen-only mode) on Tuesday, Jan. 28...
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.
Final Trades: Zoom, Lockheed Martin and the IWD
The Investment Committee give you their top stocks to watch for the second half.
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.
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...
Lockheed Martin completes autonomous rocket launcher demo
CNBC's Morgan Brennan talks Lockheed Martin's successful demo of autonomous vehicles and machinery.
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.
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...
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.
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.
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...
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.
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 ...
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...
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.
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...
Red, White, And Wealth: Building An All-American Dividend Portfolio
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