Lockheed Martin Corporation (LMT)
| Market Cap | 96.79B |
| Revenue (ttm) | 66.81B |
| Net Income (ttm) | 7.14B |
| Shares Out | 277.93M |
| EPS (ttm) | 25.51 |
| PE Ratio | 13.70 |
| Forward PE | 12.15 |
| Dividend | $10.20 (2.92%) |
| Ex-Dividend Date | Aug 31, 2021 |
| Volume | 1,692,975 |
| Open | 348.97 |
| Previous Close | 344.20 |
| Day's Range | 347.51 - 352.94 |
| 52-Week Range | 312.98 - 392.88 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 425.42 (+21.7%) |
| Est. Earnings Date | Oct 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...
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 StatementsAnalyst 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.
News
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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.
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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...
Goldman Sachs Upgrades Northrop Grumman, General Dynamics & Downgrades L3Harris, Lockheed Martin
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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...
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.
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.
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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.
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.
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.
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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.
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.
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.
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...
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
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...
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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.
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...
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.