Lockheed Martin Corporation (LMT)

NYSE: LMT · IEX Real-Time Price · USD
+0.05 (0.01%)
Mar 31, 2023, 12:54 PM EDT - Market open
Market Cap 120.44B
Revenue (ttm) 65.98B
Net Income (ttm) 5.73B
Shares Out 254.52M
EPS (ttm) 21.66
PE Ratio 21.84
Forward PE 17.95
Dividend $11.60 (2.45%)
Ex-Dividend Date Feb 28, 2023
Volume 433,300
Open 474.19
Previous Close 473.18
Day's Range 472.17 - 475.35
52-Week Range 373.67 - 498.95
Beta 0.68
Analysts Buy
Price Target 497.42 (+5.11%)
Earnings Date Apr 18, 2023

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... [Read more]

Sector Industrials
Founded 1912
Employees 114,000
Stock Exchange NYSE
Ticker Symbol LMT
Full Company Profile

Financial Performance

In 2022, LMT's revenue was $65.98 billion, a decrease of -1.58% compared to the previous year's $67.04 billion. Earnings were $5.73 billion, a decrease of -9.23%.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $497.42, which is an increase of 5.11% from the latest price.

Price Target
(5.11% upside)
Analyst Consensus: Buy
Stock Forecasts


Lockheed (LMT) Wins $179M Deal to Support F-35 Jet Program

Lockheed (LMT) is going to offer ongoing development, installation, integration, testing, training and delivery of Autonomic Logistics Information System for F-35 jets.

43 minutes ago - Zacks Investment Research

Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.

1 day ago - Zacks Investment Research

Lockheed (LMT) Wins $120M Deal to Support F-35 Jet Program

Lockheed (LMT), through the latest contract, has won the option to offer continued engineering, maintenance, logistics and material support for the F-35 Joint Strike Fighter aircraft.

1 day ago - Zacks Investment Research

Lockheed doubles down on lunar economy bet with new subsidiary Crescent Space Services

Lockheed Martin announced today the creation of a wholly owned subsidiary called Crescent Space Services that will focus on infrastructure for the moon, the latest sign that the aerospace and defense ...

2 days ago - TechCrunch

Lockheed (LMT) Wins $210M Deal to Support UK's F-35 Jet Program

Lockheed (LMT) is going to provide logistics support for F-35 Lightning II Joint Strike Fighter jets, which are already being delivered to the government of the United Kingdom.

3 days ago - Zacks Investment Research

Crescent Space to Deliver Critical Services to a Growing Lunar Economy

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3 days ago - PRNewsWire


SINGAPORE , March 27, 2023 /PRNewswire/ -- Singapore's Defence Science and Technology Agency (DSTA) and global security and aerospace company, Lockheed Martin have signed a collaboration agreement tha...

4 days ago - PRNewsWire

Lockheed Martin (LMT) Wins $474M Deal for Trident II Missile

Lockheed Martin's (LMT) arm, Space Systems, clinches a $474.2-million modification contract involving the Trident II (D5) missile.

4 days ago - Zacks Investment Research

Lockheed (LMT) Wins Deal to Offer Training for F-16 Jets

Lockheed (LMT) is going to offer aircraft maintenance and pilot training for nations that have already purchased F-16 jets.

1 week ago - Zacks Investment Research

7 Blue-Chip Stocks to Buy for Capital Preservation

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1 week ago - InvestorPlace

Lockheed (LMT) Wins Deal to Support F-35 Program for Navy

Lockheed (LMT) can procure long-lead materials, parts, components and associated support for the production of nine F-35C aircraft from the 17th lot.

1 week ago - Zacks Investment Research

Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock

Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

2 weeks ago - Zacks Investment Research

The 7 Best Defense Stocks to Buy for Our Dangerous World

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2 weeks ago - InvestorPlace

Lockheed (LMT) Wins Navy Deal to Support AEGIS Combat System

Lockheed (LMT) is set to provide AEGIS with sustainment engineering, software development, in-service maintenance, integration, and logistics and fielding support.

2 weeks ago - Zacks Investment Research

Pentagon Budget Grows. Defense Stocks Don't.

The U.S. defense budget is going higher. Defense stocks are barely budging.

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2 weeks ago - Barrons

Lockheed (LMT) Wins $107M Deal to Aid ACURL F-35 Jet Program

Lockheed (LMT) is set to offer engineering support to aid Phase 2 upgrades of the Australia Canada United Kingdom Reprogramming Laboratory (ACURL) for the F-35 Jet program.

2 weeks ago - Zacks Investment Research

3 Dividend Stocks That Will Pay You Handsomely Every Quarter

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2 weeks ago - InvestorPlace

Lockheed Martin (LMT) Wins $164.3M Contract for UH-60M Aircraft

Lockheed Martin's (LMT) arm, Sikorsky, clinches a $164.3-million contract for UH-60M aircraft.

2 weeks ago - Zacks Investment Research

7 Blue-Chip Stocks to Buy in March

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Lockheed Martin and Royal Bahraini Air Force Celebrate Bahrain's First F-16 Block 70 Aircraft in Greenville, South Carolina

GREENVILLE, S.C. , March 10, 2023 /PRNewswire/ -- Bahraini, American and Lockheed Martin officials today celebrated the first F-16 Block 70 for the Royal Bahraini Air Force today at Lockheed Martin [N...

2 weeks ago - PRNewsWire

2023 Layoff Tracker: Lockheed Martin And Hunter Douglas Reduce Headcounts

Amazon, Alphabet, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.

3 weeks ago - Forbes

Lockheed Martin Chief Financial Officer to Speak at J.P. Morgan Industrials Conference

BETHESDA, Md. , March 9, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the J.P.

3 weeks ago - PRNewsWire