Northrop Grumman Corporation (NOC)
| Market Cap | 70.06B |
| Revenue (ttm) | 40.12B |
| Net Income (ttm) | 2.16B |
| Shares Out | 147.99M |
| EPS (ttm) | 14.37 |
| PE Ratio | 32.90 |
| Forward PE | 18.43 |
| Dividend | $7.48 (1.58%) |
| Ex-Dividend Date | Feb 23, 2024 |
| Volume | 34,278 |
| Open | 474.26 |
| Previous Close | 473.43 |
| Day's Range | 472.42 - 474.44 |
| 52-Week Range | 414.56 - 496.89 |
| Beta | 0.33 |
| Analysts | Buy |
| Price Target | 494.36 (+4.47%) |
| Earnings Date | Apr 25, 2024 |
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, NOC'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 12 analysts, the average rating for NOC stock is "Buy." The 12-month stock price forecast is $494.36, which is an increase of 4.47% from the latest price.
News
Aerospace stock plays: Analyst likes Northrop Grumman on consistent earnings and sales growth
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye...
Northrop Grumman gets B-2 bomber contract with $7 billion ceiling
Northrop Grumman NOC, -2.34% Aerospace Systems received a contract with a ceiling of $7 billion to modernize and sustain U.S. Air Force B-2 aircraft.
Black Hat Asia 2024 Showcases Latest Cybersecurity Findings at Singapore Event
SINGAPORE--(BUSINESS WIRE)--Black Hat, the cybersecurity industry's most established and in-depth security event series, today announced the successful completion of the in-person component of Black H...
Northrop's Rocket Fuel Factory Is Slow to Take Off
The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.
Is Northrop Grumman (NOC) a good defense stock to buy?
Northrop Grumman (NYSE: NOC) stock price staged a strong recovery this week after Joe Biden signed into law the $96 billion aid package for Israel, Ukraine, and Taiwan. It also rebounded after the fir...
Northrop Grumman Releases First Quarter 2024 Financial Results
FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 financial results. A copy of the earnings release has been furnished ...
Exclusive: Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system
Aerospace and defense company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing high-resolution ...
Defense stocks rally after Iran attacks Israel
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
TRIVAD Recognized by Northrop Grumman for Quality Excellence
SAN FRANCISCO--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE:NOC) has recognized TRIVAD for Quality Excellence during the company's Supplier Excellence Awards.
CAES Honored with Northrop Grumman Supplier Excellence Award
ARLINGTON, Va.--(BUSINESS WIRE)-- #RF--CAES has been honored as one of more than 70 top suppliers from Northrop Grumman's network of partners.
Bayen Group Awarded by Northrop Grumman for Supplier Excellence
LOS ANGELES , April 1, 2024 /PRNewswire/ -- Northrop Grumman Corporation (NYSE:NOC) has recognized Bayen Group during the company's Supplier Excellence Awards. "Bayen Group has helped to advance natio...
Dynamic Systems, Inc. Awarded by Northrop Grumman for Supplier Excellence AND Top Small Business
LOS ANGELES--(BUSINESS WIRE)--Public Sector IT Solution Provider Dynamic Systems, Inc. Honored by Northrop Grumman as a Top Quality partner at the 2024 Supplier Excellence Awards.
Northrop Grumman Announces Webcast, Conference Call of First Quarter 2024 Financial Results
FALLS CHURCH, Va., March 21, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2024 financial results will be posted on its investor relations we...
Future Tech Enterprise Inc. Awarded by Northrop Grumman for Supplier Excellence
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE:NOC) has recognized Future Tech Enterprise Inc. during the company's Supplier Excellence Awards. “Future Tech has helped to a...
MACOM Awarded by Northrop Grumman for Supplier Excellence
LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced that it has been recognized by Northrop Grumman Corporation as ...
Northrop Grumman Advances Sentinel Design Phase With Key Tests
ROY, Utah, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully completed tests of several crucial elements of the Sentinel intercontinental ballistic missile (ICBM)...
Northrop Grumman to Participate in the Barclays Industrials Select Conference
FALLS CHURCH, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Barclays 41st annual Industrials Select Conference on Thursday, February 22. Kathy...
Northrop Grumman Board Declares Quarterly Dividend
FALLS CHURCH, Va., Feb. 13, 2024 (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...
Northrop Grumman Completes First Production Delivery for the US Army's Integrated Battle Command System
HUNTSVILLE, Ala., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) delivered the first production Integrated Battle Command System (IBCS) major end item, an Integrated Collab...
Scott Stapp, Former Northrop Grumman Chief Technology Officer, Joins DEFCON AI
MCLEAN, Va.--(BUSINESS WIRE)--DEFCON AI, an insights company that is building a next-generation modeling, simulation, and analysis (MS&A) toolset for modern military environments, today announced that...
Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution
Northrop Grumman NGI team completes review one year earlier than original contract date Northrop Grumman NGI team completes review one year earlier than original contract date
Northrop Grumman's 20th Cargo Resupply Mission Successfully Launches to the International Space Station for NASA
The Cygnus spacecraft, named in honor of astronaut Dr. Patricia “Patty” Hilliard Robertson, will deliver critical supplies to astronauts The Cygnus spacecraft, named in honor of astronaut Dr. Patricia...
Northrop Grumman enters $1 billion accelerated buyback deal with Morgan Stanley
Northrop Grumman has entered into a $1 billion accelerated share buyback agreement with Morgan Stanley & Co.
Northrop Grumman Prices $2.5 Billion Debt Offering
FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today that it has priced a $2.5 billion underwritten public offering of sen...
Northrop Grumman Announces $1 Billion Accelerated Share Repurchase Agreement
FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanl...