Northrop Grumman Corporation (NOC)
| Market Cap | 72.43B |
| Revenue (ttm) | 38.69B |
| Net Income (ttm) | 4.67B |
| Shares Out | 150.79M |
| EPS (ttm) | 30.43 |
| PE Ratio | 15.78 |
| Forward PE | 20.30 |
| Dividend | $7.48 (1.56%) |
| Ex-Dividend Date | Nov 24, 2023 |
| Volume | 445,749 |
| Open | 475.21 |
| Previous Close | 476.61 |
| Day's Range | 475.21 - 481.14 |
| 52-Week Range | 414.56 - 547.80 |
| Beta | 0.41 |
| Analysts | Buy |
| Price Target | 494.71 (+3.0%) |
| Earnings Date | Jan 25, 2024 |
About NOC
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. 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 battle management and comm... [Read more]
Financial Performance
In 2022, NOC's revenue was $36.60 billion, an increase of 2.62% compared to the previous year's $35.67 billion. Earnings were $4.90 billion, a decrease of -30.11%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $494.71, which is an increase of 3.00% from the latest price.
News
Northrop Grumman raises stock-buyback authorization to $3.8 billion
The Falls Church, Va.-based defense contractor said Wednesday it had authorized an additional $2.5 billion for repurchasing company stock.
Northrop Grumman Announces New $2.5 Billion Share Repurchase Authorization
FALLS CHURCH, Va., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $2.5 billion for the repurchase o...
Northrop Grumman pulls out of UK narrowband military satellite tender - FT
U.S. defence company Northrop Grumman has pulled out of a competition to supply narrowband military satellite communications for Britain's armed forces, the Financial Times reported on Friday.
Northrop Grumman explores ammunition co-production in Poland
Northrop Grumman is exploring producing 120 millimetre tank ammunition in Poland as the U.S. ally surges defence production capacity, the company's chief told Reuters on Thursday.
Northrop Grumman Board Declares Quarterly Dividend
FALLS CHURCH, Va., Nov. 15, 2023 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.87 per share on Northrop Grumman common stoc...
What You Need to Know About Northrop Grumman's B-21 Raider
Developed with the next generation of stealth technology and an open systems architecture, the B-21 Raider will serve as the backbone of America's bomber fleet. (Photo Credit: Northrop Grumman)
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Pentagon Awards $1.3 Billion in Satellite Contracts to Northrop Grumman, York
Northrop Grumman (NOC) and privately held York Space Systems were chosen by the Pentagon to build 100 communications satellites for a total of $1.3 billion.
Pentagon awards $1.3 billion in contracts to Northrop Grumman and York for 100 satellites
The Pentagon's Space Development Agency announced about $1.3 billion in contracts to York Space and Northrop Grumman to build communications satellites.
Northrop Grumman Selected to Deliver Nearly 40 More Data Transport Satellites for Space Development Agency's Next Generation Low-Earth Orbit Constellation of Connectivity
REDONDO BEACH, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The Space Development Agency (SDA) awarded Northrop Grumman Corporation (NYSE: NOC) an agreement with a total potential value of approximately ...
Northrop Grumman to Participate in the Baird 2023 Global Industrial Conference
FALLS CHURCH, Va., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Baird's 2023 Global Industrial Conference on Tuesday, Nov. 7. Kathy Warden, chair, chi...
Top defense stocks fly bull flags with higher prices in sight
Shares of Lockheed Martin NYSE: LMT took flight after a better-than-expected report, and other defense contractors are doing the same. News from Northrup Grumman, the 6th largest by contract obligatio...
Northrop Grumman beats profit and revenue estimates
Northrop Grumman Corp. NOC, +1.01% said Thursday its third-quarter profit beat analyst expectations as revenue increased by $800 million from the year-ago period. Northrop Grumman's third-quarter net ...
Northrop Grumman Releases Third Quarter 2023 Financial Results
FALLS CHURCH, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2023 financial results. A copy of the earnings release has been furnished i...
Northrop Grumman lifts 2023 revenue outlook on weapons demand
U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter revenue and profit helped by strong weapons dem...
Israel–Hamas war boosts U.S. defense ETFs, but why it won't help stocks for long
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at defense ETFs, which have rallied on the back of the Middle East conflict since the...
What Defense Stocks Are Saying about a More Violent World
The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.
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Despite having plunged more than 10% through September and into October, the iShares U.S. Aerospace & Defense ETF BATS: ITA has been bouncing back hard this week.
Defense stocks surge amid Israel-Hamas conflict
Shares of companies in the defense sector have surged amidst the continued conflict in the Middle East, adding almost $20 billion in market cap. Notable gains include Northrop Grumman (NOC) which has ...