Northrop Grumman Corporation (NOC)
| Market Cap | 67.84B |
| Revenue (ttm) | 40.99B |
| Net Income (ttm) | 2.38B |
| Shares Out | 145.70M |
| EPS (ttm) | 15.99 |
| PE Ratio | 29.11 |
| Forward PE | 17.45 |
| Dividend | $8.24 (1.77%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 145,615 |
| Open | 467.49 |
| Previous Close | 467.13 |
| Day's Range | 465.13 - 468.97 |
| 52-Week Range | 418.60 - 555.57 |
| Beta | 0.33 |
| Analysts | Buy |
| Price Target | 553.00 (+18.77%) |
| 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $553.0, which is an increase of 18.77% from the latest price.
News
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...
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...
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 ...
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 ...
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...
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...
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.
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...
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.
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.
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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.
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...
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...
Northrop Grumman Doesn't Need War To Be A Great Investment
Global geopolitical tensions are high, but I don't foresee a full-scale global war. Northrop Grumman's innovation-driven growth, anti-cyclical demand, and expanding international programs position it ...
Ladner: Defense stocks are probably not a bad place to be right now.
Scott Ladner, Chief Investment Officer at Horizon Investments, discussess Middle East tensions, defense stocks, and the Fed's rate cuts. He's optimistic about biotech and health care due to AI, and se...
Defense Stocks Hit All-Time Highs Amid Middle East Escalation
In a predictably grim phenomenon tied to outbreaks of global violence, aerospace and defense stocks climbed to record prices in an otherwise down day for the stock market, as Wall Street reacted to th...