Lockheed Martin Corporation (LMT)
| Market Cap | 112.38B |
| Revenue (ttm) | 69.64B |
| Net Income (ttm) | 6.78B |
| Shares Out | 239.94M |
| EPS (ttm) | 27.33 |
| PE Ratio | 17.14 |
| Forward PE | 17.55 |
| Dividend | $12.60 (2.69%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 594,564 |
| Open | 466.08 |
| Previous Close | 466.16 |
| Day's Range | 465.21 - 468.76 |
| 52-Week Range | 393.77 - 479.50 |
| Beta | 0.47 |
| Analysts | Buy |
| Price Target | 495.78 (+5.85%) |
| Earnings Date | Apr 23, 2024 |
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. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. 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-gr... [Read more]
Financial Performance
In 2023, LMT's revenue was $67.57 billion, an increase of 2.41% compared to the previous year's $65.98 billion. Earnings were $6.92 billion, an increase of 20.73%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LMT stock is "Buy." The 12-month stock price forecast is $495.78, which is an increase of 5.85% from the latest price.
News
2 years, no gains: Is Lockheed Martin's stock worth buying?
Lockheed Martin Corp (NYSE:LMT) has been a solid player in the aerospace and defense sector. But in the last two years, its stock hasn't really gone anywhere, hovering around $465.
Elsight Enhances the Indago 4 Uncrewed Aerial System with Robust and Beyond Visual Line-of-Sight (BVLOS) Communications
After integration with Elsight Halo, the Indago 4 completed its first BVLOS (beyond visual line-of-sight) flight with enhanced capabilities for wider situational awareness OR YEHUDA, Israel , May 7, 2...
Maxar Intelligence and Lockheed Martin Expand Partnership to Enhance the F-35 Full Mission Simulator Experience
WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Intelligence, a provider of secure, precise, geospatial intelligence, announced today a long-term agreement with Lockheed Martin to streamline the procuremen...
U.S. Air Force Secretary Kendall Flies in AI-piloted X-62A VISTA
Lockheed Martin's open systems architecture is advancing the future of AI-enabled autonomous flight with human oversight EDWARDS AIR FORCE BASE, Calif., May 3, 2024 /PRNewswire/ -- Lockheed Martin Sk...
Lockheed Martin drops $300 million buyout bid for Terran Orbital
Lockheed Martin has withdrawn an offer to acquire satellite maker Terran Orbital for nearly $300 million.
Lockheed Martin Declares Second Quarter 2024 Dividend and Announces Election of Thomas Falk as Independent Lead Director of the Board
BETHESDA, Md. , May 2, 2024 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) board of directors has authorized a second quarter 2024 dividend of $3.15 per share.
Lockheed Martin Stock Will Likely Remain In Focus After A Stellar Q1
Lockheed Martin Lockheed Martin (NYSE: LMT) recently reported its Q1 results, with revenues and earnings above the street estimates. The company reported revenue of $17.2 billion, and earnings of $6.3...
Ukraine, Israel bill to bolster Lockheed, RTX profits
Lockheed Martin Corp and RTX Corp , fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as...
Lockheed Martin beats Q1 profit estimates on strong demand
U.S. weapons maker Lockheed Martin beat Wall Street expectations for first-quarter sales and profit on Tuesday, as simmering geopolitical tensions prompted some countries to boost their defense spendi...
Lockheed Martin beats, on top and bottom lines
CNBC's Morgan Brennan joins 'Squawk Box' to report on the company's quarterly earnings results.
Lockheed Martin reports higher sales on strong defense demand
U.S. weapons maker Lockheed Martin on Tuesday reported a near 14% rise in first-quarter sales, as simmering geopolitical tensions prompt some countries to boost their defense spending, driving demand ...
Lockheed Martin Reports First Quarter 2024 Financial Results
Net sales of $17.2 billion Net earnings of $1.5 billion, or $6.39 per share Cash from operations of $1.6 billion and free cash flow of $1.3 billion $1.8 billion of cash returned to shareholders throug...
Lockheed Crushes Sales and Earnings Estimates. Growth Is Solid.
The defense giant's first-quarter earnings of $6.39 a share top Wall Street forecasts of $5.78.
Defense Giant Adds BIG U.S. Contract
As the world eyes the conflict in the Middle East, defense companies like Lockheed Martin are stocks to watch. The U.S. turned to LMT for an upgraded missile defense system, and Renita Young has all t...
U.S. Missile Defense Agency selects Lockheed Martin to provide its Next Generation Interceptor
HUNTSVILLE, Ala. , April 15, 2024 /PRNewswire/ -- On April 15, the Missile Defense Agency selected Lockheed Martin [NYSE: LMT] to deliver the nation's new homeland missile defense capability, the Next...
Exclusive: Lockheed wins US missile defense contract worth $17 bln, sources say
Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack, two indu...
Defense stocks rally after Iran attacks Israel
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
Defense Stocks Haven't Rallied, but There's Opportunity
J.P. Morgan analyst Seth Seifman upgraded Lockheed Martin stock to Buy from Hold, and lifted his price target to $518 from $475.
Lockheed Martin, RTX, BAE stocks in focus amid World War 3 risks
Companies in the military-industrial complex will be in the spotlight this week as geopolitical risks rise and as the US Congress prepares a vote on Biden's supplemental package for Israel, Taiwan, an...
Lockheed Martin on Radar After Winning $4.1B Missile Defense Agency Contract
Shares in Lockheed Martin (LMT) are on the radar Friday after the aerospace and defense giant said it had won a $4.1 billion contract from the U.S. government's Missile Defense Agency to develop its b...
Lockheed wins $4.1 bln battle command system contract from US govt
Lockheed Martin said on Thursday it had won a contract worth up to $4.1 billion from the U.S. government's Missile Defense Agency to continue the development of its battle command system.
Lockheed Martin awarded missile contract worth up to $4.1 billion
Lockheed Martin LMT, +0.14% on Thursday was awarded a missile defense contract worth up to $4.1 billion.
‘Playing defense.' Three stocks this adviser is counting on to ride out uncertain economic times.
“It's been very much a short-term market and everyone seems to be running to one side of the boat all at once, and then back over in the next week and the narrative has been shifting pretty dramatical...
Lunar Dawn Team Awarded NASA Lunar Terrain Vehicle Contract
Lunar Outpost teams with Lockheed Martin and Industry to develop a human-rated Moon rover as part of the agency's Artemis campaign DENVER , April 3, 2024 /PRNewswire/ -- NASA has awarded a Lunar Terra...
Magnolia Advanced Materials adhesive 6389 A/B for Lockheed Martin now available in bulk kits for 5-gallon meter mixing
ATLANTA--(BUSINESS WIRE)--Magnolia Advanced Materials, Inc. today announced that its QPL/EMAP listing for Lockheed Martin specification LMA-MK003, Rev C, Form 1 for Magnolia 6389 A/B is available in b...