Lockheed Martin Corporation (LMT)
| Market Cap | 125.09B |
| Revenue (ttm) | 71.07B |
| Net Income (ttm) | 6.74B |
| Shares Out | 238.36M |
| EPS (ttm) | 27.55 |
| PE Ratio | 19.05 |
| Forward PE | 19.37 |
| Dividend | $12.60 (2.40%) |
| Ex-Dividend Date | Sep 3, 2024 |
| Volume | 956,095 |
| Open | 522.29 |
| Previous Close | 521.40 |
| Day's Range | 520.01 - 528.64 |
| 52-Week Range | 393.77 - 528.64 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 531.60 (+1.3%) |
| Earnings Date | Jul 23, 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, LMT'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 10 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $531.6, which is an increase of 1.30% from the latest price.
News
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Lockheed Martin To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday
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Lockheed Martin Stock Climbs on Boosted Full-Year Guidance
Lockheed Martin (LMT) surpassed analysts' expectations with its second-quarter results Tuesday and raised its full-year outlook, sending shares higher.
The Road Ahead for Aerospace & Defense
The Boeing (BA) outlook is revised to negative, and aircraft delivery rates are well below prevailing demand, notes S&P 500 Global Rating's Ben Tsocanos. He discusses the aerospace and defense mid-yea...
Lockheed Martin surpasses Q2 earnings estimates amid high demand for defense solutions
Lockheed Martin Corp (NYSE: LMT) has surged more than 2% in premarket trading on Tuesday after surpassing earnings expectations for its fiscal second quarter. The defense contractor, benefiting from ...
Lockheed Earnings Smash Expectations. What Drove the Results.
The defense contractor's second-quarter report smashed Wall Street forecasts. It also lifted earnings and revenue guidance.
Lockheed Martin profit dips but beats analysts' estimate
Aerospace giant's stock rises in premarket trades
Lockheed Martin lifts 2024 sales target on fighter jet, missile demand
U.S. defense company Lockheed Martin raised its annual sales target for the first time this year on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft after Pentagon began...
Lockheed Martin Reports Second Quarter 2024 Financial Results
Net sales of $18.1 billion, an increase of 9% year over year Net earnings of $1.6 billion, or $6.85 per share, inclusive of net non-operational charges of $79 million ($63 million, or $0.26 per share,...
Lockheed Martin's Skunk Works® and KX Shaping the Future of Open Mission System Architectures
FARNBOROUGH, England--(BUSINESS WIRE)--KX and Skunk Works team up to create real-time situational awareness model to enhance armed forces decision-making and operational agility.
Biden's withdrawal from 2024 presidential race: What it means for Lockheed Martin
In a significant political development, President Joe Biden's resignation from the 2024 presidential race has spurred discussions about its potential impact on major defense contractors like Lockheed ...
Here's What To Anticipate From Lockheed Martin's Q2?
Lockheed Martin (NYSE: LMT) will report its Q2 2024 results on Tuesday, July 23. We expect it to post revenue and earnings largely aligning with the street expectations.
Lockheed Martin COO on the 2024 election, defense spending and F-35 delivery outlook
CNBC's Phil LeBeau and Lockheed Martin COO Frank St. John join 'Squawk Box' to discuss the 2024 election, state of defense spending, F-35 delivery timeline, impact of inflation, and more.
Worldwide C-130J Super Hercules Fleet Soars Past 3 Million Flight Hours
FARNBOROUGH, England , July 22, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today at the Farnborough International Airshow that the worldwide C-130J Super Hercules fleet recently surpas...
Lockheed Martin Delivers First C-130J-30 Super Hercules to Ohio Youngstown Air Reserve Station
910th Airlift Wing to receive a total of eight Super Hercules tactical airlifters MARIETTA, Ga. , July 17, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super...
Should You Pick Textron Over Lockheed Martin Stock?
We believe that Textron stock is currently a better pick than its industry peer – Lockheed Martin stock (NYSE: LMT), given its better valuation and robust prospects. LMT stock trades at a higher multi...
After 60% Gains This Year Is GE Aerospace Stock Still A Better Pick Over Lockheed Martin?
We believe that Lockheed Martin stock is currently a better pick than its industry peer – GE Aerospace stock (NYSE: GE), given its better valuation and robust prospects. GE stock trades at a higher mu...
LDOS & A.I. Plays in the Defense Sector
Matt Maley looks at A.I. plays in the defense sector.
Lockheed Martin Announces Second Quarter 2024 Earnings Results Webcast
BETHESDA, Md. , July 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2024 earnings results conference call (listen-only mode) on Tuesday, July 23, 2024 at 11 a...
US army awards Lockheed Martin $4.5 bln multi-year Patriot Missiles contract
The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.
Lockheed Martin Declares Third Quarter 2024 Dividend
BETHESDA, Md., June 27, 2024 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a third quarter 2024 dividend of $3.15 per share.
Lockheed Martin-Built GOES-U Weather Satellite Successfully Launched
NOAA's newest satellite will complete the GOES-R series and provide critical weather and climate data KENNEDY SPACE CENTER, Fla. , June 25, 2024 /PRNewswire/ -- An advanced weather satellite built by ...
Lockheed Martin subsidiaries reach $70 million settlement over claims they overcharged Navy for parts
STRATFORD, Conn. — Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday.
China sanctions several Lockheed Martin units, three executives over Taiwan arms deals
BEIJING — China said Friday it has banned a number of business units of American aviation manufacturer Lockheed Martin Corp. and three of its executives over arms deals the company has signed with Tai...