Lockheed Martin Corporation (LMT)
| Market Cap | 115.91B |
| Revenue (ttm) | 71.30B |
| Net Income (ttm) | 6.68B |
| Shares Out | 237.04M |
| EPS (ttm) | 27.67 |
| PE Ratio | 17.67 |
| Forward PE | 17.99 |
| Dividend | $13.20 (2.70%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 1,395,083 |
| Open | 479.45 |
| Previous Close | 479.66 |
| Day's Range | 477.77 - 489.02 |
| 52-Week Range | 413.92 - 618.95 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 624.09 (+27.62%) |
| 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]
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 $624.09, which is an increase of 27.62% from the latest price.
News
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
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...
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...
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 ...
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...
Final Trades: Amazon, Charter, Lockheed Martin, Rockwell Automation
The Investment Committee give you their top stocks to watch for the second half.
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. ...
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...
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...
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 ...
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.