NYSE - Nasdaq Real Time Price USD

Lockheed Martin Corporation (LMT)

464.78 +5.64 (+1.23%)
At close: April 25 at 4:00 PM EDT
464.50 -0.28 (-0.06%)
After hours: April 25 at 7:59 PM EDT
Loading Chart for LMT
DELL
  • Previous Close 459.14
  • Open 457.95
  • Bid 464.00 x 1000
  • Ask 466.90 x 900
  • Day's Range 457.53 - 465.60
  • 52 Week Range 393.77 - 479.50
  • Volume 926,722
  • Avg. Volume 1,171,740
  • Market Cap (intraday) 111.518B
  • Beta (5Y Monthly) 0.47
  • PE Ratio (TTM) 16.81
  • EPS (TTM) 27.65
  • Earnings Date Jul 16, 2024 - Jul 22, 2024
  • Forward Dividend & Yield 12.60 (2.74%)
  • Ex-Dividend Date Feb 29, 2024
  • 1y Target Est 456.54

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-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. The company was founded in 1912 and is based in Bethesda, Maryland.

www.lockheedmartin.com

122,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: LMT

Related Videos: LMT

Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Performance Overview: LMT

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LMT
3.30%
S&P 500
5.84%

1-Year Return

LMT
0.63%
S&P 500
22.03%

3-Year Return

LMT
33.74%
S&P 500
20.77%

5-Year Return

LMT
60.89%
S&P 500
72.46%

Compare To: LMT

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: LMT

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    111.52B

  • Enterprise Value

    128.15B

  • Trailing P/E

    17.01

  • Forward P/E

    18.02

  • PEG Ratio (5yr expected)

    4.81

  • Price/Sales (ttm)

    1.65

  • Price/Book (mrq)

    16.77

  • Enterprise Value/Revenue

    1.84

  • Enterprise Value/EBITDA

    12.36

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.73%

  • Return on Assets (ttm)

    10.22%

  • Return on Equity (ttm)

    83.16%

  • Revenue (ttm)

    69.64B

  • Net Income Avi to Common (ttm)

    6.78B

  • Diluted EPS (ttm)

    27.65

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.79B

  • Total Debt/Equity (mrq)

    292.00%

  • Levered Free Cash Flow (ttm)

    5.14B

Research Analysis: LMT

Analyst Price Targets

353.13 Low
456.54 Average
464.78 Current
510.07 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: LMT

Fair Value

464.78 Current
 

Dividend Score

0 Low
LMT
Sector Avg.
100 High
 

Hiring Score

0 Low
LMT
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
LMT
Sector Avg.
100 High
 

Research Reports: LMT

  • Analyst Report: Lockheed Martin Corp.

    Lockheed Martin provides advanced technology systems, products, and services to the U.S. government and international defense customers. The company is organized into four businesses: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The shares are a component of the S&P 500. The company has 122,000 employees.

    Rating
    Price Target
     
  • Market Update: EFX, LMT, TXN, UPS, V, KMI, HLT

    U.S. stocks turned lower on Wednesday morning as investors digest new earnings reports. As interest rates are expected to remain elevated for some time, subdued consumer demand could persist. Orders for durable goods rose 2.6% in March, up from revised 0.7% increase in February and in line with estimates. Excluding transportation, orders ticked up 0.2% as a 30.6% increase in nondefense aircraft and parts led the increase. Orders for motor vehicles and parts also saw an increase (+2.1%), while orders slipped for computers and related products (-3.9%) and primary metals (-0.5%). Shares of Tesla (TSLA) popped despite the company missing estimates for earnings and sales and logged a drop in production and vehicle deliveries in the latest quarter. Plans to reintroduce a more-affordable EV. The Dow was down 0.4%, the S&P 500 fell 0.4% and the Nasdaq lost 0.3%. Crude oil is trading above $82 per barrel and gold fell $5 to $2337 per ounce.

     
  • Analyst Report: Lockheed Martin Corporation

    Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed’s largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

    Rating
    Price Target
     
  • Large Cap US Pick List - April 2024

    This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

     

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