Northrop Grumman Corporation (NOC)

NYSE: NOC · Real-Time Price · USD
482.38
+1.19 (0.25%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.25%
Market Cap 70.28B
Revenue (ttm) 40.99B
Net Income (ttm) 2.38B
Shares Out 145.70M
EPS (ttm) 15.99
PE Ratio 30.16
Forward PE 18.05
Dividend $8.24 (1.71%)
Ex-Dividend Date Dec 2, 2024
Volume 891,195
Open 480.42
Previous Close 481.19
Day's Range 477.38 - 483.22
52-Week Range 418.60 - 555.57
Beta 0.34
Analysts Buy
Price Target 551.50 (+14.33%)
Earnings Date Jan 30, 2025

About NOC

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne ba... [Read more]

Sector Industrials
Founded 1939
Employees 101,000
Stock Exchange NYSE
Ticker Symbol NOC
Full Company Profile

Financial Performance

In 2023, Northrop Grumman's revenue was $39.29 billion, an increase of 7.34% compared to the previous year's $36.60 billion. Earnings were $2.06 billion, a decrease of -58.01%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $551.5, which is an increase of 14.33% from the latest price.

Price Target
$551.5
(14.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northrop Grumman: Huge Backlog Makes It A Compelling Growth Stock

Northrop Grumman Corporation is a premier aerospace and defense company with a strong backlog and impressive growth, making it a compelling long-term investment. NOC's high backlog of $85 billion and ...

3 days ago - Seeking Alpha

The Near-Perfect Dividend Portfolio With 10 Sleep-Well-At-Night Gems

In a challenging market marked by uncertainty, building a resilient portfolio is key to long-term financial stability and peace of mind. Sleep-well-at-night, or SWAN, stocks are key. These reliable di...

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4 days ago - Seeking Alpha

Aerospace & Defense Stocks To Watch: The Biggest U.S. Contractors

The aerospace and defense industry plays a pivotal role not just in national security but also the stock market. With U.S. defense spending leading the world, the largest contractors are well-position...

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6 days ago - Forbes

Northrop Grumman Announces Webcast, Conference Call of Fourth Quarter and 2024 Financial Results

FALLS CHURCH, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and full-year 2024 financial results will be posted on its investo...

4 weeks ago - GlobeNewsWire

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...

Other symbols: LMTRTX
4 weeks ago - Yahoo Finance

Northrop Grumman: Double-Digit Free Cash Flow And Why I Am Buying More

Northrop Grumman's EBITDA growth is projected to be mid-single digits, while free cash flow growth is expected to exceed 15% annually through 2026. Despite share repurchases, Northrop Grumman's stock ...

5 weeks ago - Seeking Alpha

Northrop Grumman Announces New $3 Billion Share Repurchase Authorization

FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $3 billion for the repurchase of ...

5 weeks ago - GlobeNewsWire

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...

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6 weeks ago - Seeking Alpha

Northrop Grumman Board Declares Quarterly Dividend

FALLS CHURCH, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.06 per share on Northrop Grumman common stoc...

2 months ago - GlobeNewsWire

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.

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2 months ago - Reuters

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...

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2 months ago - Seeking Alpha

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.

Other symbols: GDITALHXLMTXAR
2 months ago - CNBC Television

Defense Stocks Are Taking It On The Chin.

Shares of Lockheed, Northrop, and other defense contractors are having a lousy day. The precise reason is hard to say.

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2 months ago - Barrons

Northrop Grumman Corporation (NOC) Baird 2024 Global Industrials Conference (Transcript)

Northrop Grumman Corporation (NYSE:NOC) Baird 2024 Global Industrials Conference November 13, 2024 10:05 AM ET Company Participants Kathy Warden - Chair, Chief Executive Officer & President Conferenc...

2 months ago - Seeking Alpha

Northrop Grumman Could Offer Investors A Lucrative Return

Northrop Grumman's revenue per share has grown at 9.42% annually, since FY 2014; however, its gross profit margin and return on invested capital have shown concerning trends. The company pays a quarte...

2 months ago - Seeking Alpha

Northrop Grumman to Participate in the Baird 2024 Global Industrial Conference

FALLS CHURCH, Va., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13. Kathy Warden, c...

2 months ago - GlobeNewsWire

Dividend Aristocrats Of The Future - Part 2

This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contracto...

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3 months ago - Seeking Alpha

Northrop Grumman Corporation (NOC) Q3 2024 Earnings Conference Call Transcript

Northrop Grumman Corporation (NYSE:NOC) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Todd Ernst - VP, IR Kathy Warden - Chair and CEO Dave Keffer - President and ...

3 months ago - Seeking Alpha

Northrop Grumman Releases Third Quarter 2024 Financial Results

FALLS CHURCH, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2024 financial results. A copy of the earnings release has been furnished i...

3 months ago - GlobeNewsWire

Northrop Grumman lifts 2024 profit forecast again as global defense spending climbs

U.S. defense company Northrop Grumman on Thursday raised its 2024 profit forecast for the second time, amid increased global defense spending prompted by conflicts in the Middle East and the protracte...

3 months ago - Reuters

Easterly Government Properties Acquires 104,136 SF Facility Adjacent to Buckley Space Force Base and Occupied by Northrop Grumman Systems Corporation

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

Other symbols: DEA
3 months ago - Business Wire

Northrop Grumman: A High-Flying Defense Stock For Total Return Investors

Northrop Grumman offers a balanced investment profile with growth and income potential, boasting a strong backlog and impressive revenue growth across key segments. The company is well-positioned with...

3 months ago - Seeking Alpha

As Conflict Spreads, Will Defense Stocks Regain Their Cold War Allure?

Despite the threat of multipolar competition and a rearmament in Europe, military budgets are far from their 1980s highs.

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3 months ago - WSJ

Northrop Grumman Unveils the Next Generation of Bushmaster® Chain Gun®

For the first time operators can change between advanced ammunition rounds with the flip of a switch For the first time operators can change between advanced ammunition rounds with the flip of a switc...

3 months ago - GlobeNewsWire

When Six Figures Isn't Enough: 3 Dividend Stocks To Help HENRYs Finally Feel Rich

HENRYs, or High Earners Not Rich Yet, face challenges with rising costs and lifestyle inflation. Despite six-figure salaries, they feel financially constrained. The solution to financial peace lies in...

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3 months ago - Seeking Alpha