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Lockheed Martin Corporation (LMT)

NYSE: LMT · IEX Real-Time Price · USD
349.90
+0.38 (0.11%)
After-hours:Sep 24, 2021 7:59 PM EDT
349.52
5.32 (1.55%)
At close: Sep 24, 4:00 PM
Market Cap96.79B
Revenue (ttm)66.81B
Net Income (ttm)7.14B
Shares Out277.93M
EPS (ttm)25.51
PE Ratio13.70
Forward PE12.15
Dividend$10.20 (2.92%)
Ex-Dividend DateAug 31, 2021
Volume1,692,975
Open348.97
Previous Close344.20
Day's Range347.51 - 352.94
52-Week Range312.98 - 392.88
Beta0.97
AnalystsBuy
Price Target425.42 (+21.7%)
Est. Earnings DateOct 19, 2021

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. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. 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-groun...

IndustryAerospace & Defense
Founded1912
CEOJames Taiclet
Employees114,000
Stock ExchangeNYSE
Ticker SymbolLMT
Full Company Profile

Financial Performance

In 2020, LMT's revenue was $65.40 billion, an increase of 9.34% compared to the previous year's $59.81 billion. Earnings were $6.83 billion, an increase of 9.68%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is 425.42, which is an increase of 21.72% from the latest price.

Price Target
$425.42
(21.72% upside)
Analyst Consensus: Buy

News

3 Dividend Stocks That Are Too Cheap to Ignore

Investing in quality businesses is a great way to outlast a market downturn.

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5 hours ago - The Motley Fool

Lockheed (LMT) Rewards Shareholders With 7.7% Dividend Hike

Lockheed Martin (LMT) continues to generate strong cash flow, and reward its shareholders through dividend payments and share buybacks.

1 day ago - Zacks Investment Research

Joby Stock Could Be a Big Winner

Given Joby's strong backers, first-mover advantage, reasonable valuation, and very talented CEO, JOBY stock is a buy for some investors. The post Joby Stock Could Be a Big Winner appeared first on Inves...

1 day ago - InvestorPlace

If You Like Dividends, You Should Love These 3 Stocks

Not every company is what you might think it is. Many make continued dividend payments based on what you don't readily see.

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2 days ago - The Motley Fool

Lockheed Martin Increases Quarterly Dividend And Share Repurchase Authority

BETHESDA, Md., Sept. 23, 2021 /PRNewswire/ -- As part of the company's capital allocation strategy, the Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized an increase in its quart...

2 days ago - PRNewsWire

Goldman Sachs Upgrades Northrop Grumman, General Dynamics & Downgrades L3Harris, Lockheed Martin

Goldman Sachs analyst Noah Poponak updated his ratings for several Aerospace & Defense stocks. L3Harris Technologies Inc (NYSE:LHX) downgraded to Sell from Neutral with a $207 price target, implying a d...

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2 days ago - Benzinga

Lockheed Martin: Defense Business Needs More Diversification

Lockheed Martin Corp. ( LMT , Financial) has spent decades establishing itself as a top defense industry player. The company's long track record and enviable reputation as one of the world's best develo...

3 days ago - GuruFocus

Lockheed Martin (LMT) Wins $37.5M Modification Contract

Lockheed Martin's (LMT) Aeronautics unit is going to procure ancillary mission equipmentto support production of F-35 jets.

5 days ago - Zacks Investment Research

Lockheed Martin (LMT) Stock Moves -0.74%: What You Should Know

Lockheed Martin (LMT) closed at $338.46 in the latest trading session, marking a -0.74% move from the prior day.

5 days ago - Zacks Investment Research

My Top Defense Stock to Buy Right Now

This contractor giant packs a triple-threat punch that makes it worth considering for your portfolio.

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1 week ago - The Motley Fool

Lockheed Martin Forecasts 40% Reduction In F-35 Sustainment Costs Through 2025

The cost of sustaining the fighter in a high state of readiness is steadily falling.

1 week ago - Forbes

Death Cross Looms Over Lockheed Martin Investors

If history is any guide, there may be trouble ahead for shares of Lockheed Martin. A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

1 week ago - Benzinga

Introducing the LMXT: America's Next Strategic Tanker

MARIETTA, Ga., Sept. 17, 2021 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] introduces the LMXT as America's next strategic tanker ― built in America by Americans for Americans.

1 week ago - PRNewsWire

7 Great Dividend Stocks To Buy In September For Insulation from Volatility

These seven dividend stocks offer the perfect combination of income, growth potential and value. The post 7 Great Dividend Stocks To Buy In September For Insulation from Volatility appeared first on Inv...

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1 week ago - InvestorPlace

Lockheed Martin (LMT) Stock Moves -0.57%: What You Should Know

Lockheed Martin (LMT) closed at $344.34 in the latest trading session, marking a -0.57% move from the prior day.

1 week ago - Zacks Investment Research

Lockheed (LMT) Wins $6.6B Deal for Sustainment of F-35 Jets

Through this contract, Lockheed (LMT) is expected to conduct critical sustainment activities like supporting base and depot maintenance, pilot and maintainer training for aircraft currently in the fleet.

1 week ago - Zacks Investment Research

Lockheed Martin gets sustainment contracts for F-35 jets

Lockheed Martin said on Monday it had been awarded annual contracts covering fiscal years 2021-2023 to support operations and sustainment of the global F-35 fighter jet fleet.

1 week ago - Reuters

Pentagon and Lockheed Martin Agree to F-35 Sustainment Contracts

FORT WORTH, Texas, Sept. 13, 2021 /PRNewswire/ -- The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team annualized contracts covering fiscal years 2021-2023 to support oper...

1 week ago - PRNewsWire

Lockheed (LMT) Wins $101M Deal to Procure Hellfire Missiles

Lockheed's (LMT) Hellfire missile is deployed by the armed forces of the United States and 15 other nations

1 week ago - Zacks Investment Research

Finding Value in a Sea of Bubbles: Stocks to Win When the Cloud Bursts

Before Tech Bubble 2.0 pops, investors have a great place to grow besides cash.

2 weeks ago - Zacks Investment Research

Lockheed Martin Enters Oversold Territory

But making Lockheed Martin an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of LMT entered into oversold territory, changing hands as low as $346.40 pe...

2 weeks ago - Forbes

7 Space Stocks to Buy Ahead of Virgin Orbit's Debut

These space stocks have the most potential to breakthrough and play a leading role in the fast-growing space industry. The post 7 Space Stocks to Buy Ahead of Virgin Orbit's Debut appeared first on Inve...

2 weeks ago - InvestorPlace

Lockheed Martin (LMT) Gains As Market Dips: What You Should Know

Lockheed Martin (LMT) closed at $351.46 in the latest trading session, marking a +0.65% move from the prior day.

2 weeks ago - Zacks Investment Research

Aerospace primes Northrup, Lockheed join in Orbit Fab's over $10M funding round

San Francisco-based startup Orbit Fab wants to be the go-to source for orbital refueling, and now it's raised over $10 million in its quest to get there. The money will go toward funding a refueling tri...

2 weeks ago - TechCrunch

Five Factors That Should Drive The FTC's Assessment Of A Lockheed-Aerojet Merger

Trends in the domestic rocket-motor market limit the government's options for maintaining competition.

2 weeks ago - Forbes