Northrop Grumman Corporation (NOC)

NYSE: NOC · IEX Real-Time Price · USD
+3.68 (0.77%)
At close: Dec 6, 2023, 4:00 PM
+1.25 (0.26%)
Pre-market: Dec 7, 2023, 8:12 AM EST
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]

Sector Industrials
Founded 1939
Employees 95,000
Stock Exchange NYSE
Ticker Symbol NOC
Full Company Profile

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 Statements

Analyst 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.

Price Target
(3.00% upside)
Analyst Consensus: Buy
Stock Forecasts


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.

12 hours ago - Market Watch

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...

14 hours ago - GlobeNewsWire

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.

19 days ago - Reuters

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.

20 days ago - Reuters

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...

21 days ago - GlobeNewsWire

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)

26 days ago - GlobeNewsWire

2 sectors reducing debt and paying shareholders

Publicly traded companies utilize debt for many reasons. They can use it to fuel growth, pay dividends, or buy back shares, but like any financial entity, enough is enough.

Other symbols: CVXLMTXOM
4 weeks ago - MarketBeat

This Megatrend Will Dominate In 2024 (And These 2 Dividends Will Soar)

Look, this deglobalization trend is hitting high gear—and if you miss your chance to tap it for surging dividend payouts, you will regret it down the road.

Other symbols: FSLR
5 weeks ago - Forbes

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.

5 weeks ago - Investopedia

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.

5 weeks ago - CNBC

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 ...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

Other symbols: BAGDLHXLMTRTX
5 weeks ago - MarketBeat

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 ...

6 weeks ago - Market Watch

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Reuters

The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.

Other symbols: BAGDLHXLMTRTX
6 weeks ago - Barrons

Biden Urges Congress to Boost Military Aid for Israel. Defense Stocks Are Rising.

Biden said the funding was a “smart investment” that would pay dividends for American security for generations.

Other symbols: BAGDLHXLMTRTX
6 weeks ago - Barrons

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...

Other symbols: GDLMTITAXAR
6 weeks ago - Market Watch

What the Israel-Hamas war means for defense stocks

When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.

Other symbols: BAGDLHXLMTRTX
7 weeks ago - CNN Business

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.

Other symbols: BAGDLHXLMTRTX
7 weeks ago - WSJ

Defense Stocks Are Heating Up: Here's the Top 3

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.

Other symbols: GDLMT
2 months ago - MarketBeat

Israel-Hamas War to Change Sentiment on Defense Stocks

Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector.

2 months ago - Barrons

U.S. Defense Stocks Surge Nearly $30 Billion After Hamas Attack—Don't Count On It Lasting, Analysts Say

“History shows” war stocks' rally immediately after geopolitical shocks generally fall flat, according to Bernstein analysts.

2 months ago - Forbes

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 ...

Other symbols: BALMTRTX
2 months ago - Yahoo Finance