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Lockheed Martin Corporation logo
Lockheed Martin Corporation
LMT · US · NYSE
541.56
USD
-3.82
(0.71%)
Company Overview

6801 ROCKLEDGE DR,BETHESDA MD 20817,3018976000

CEO

Mr. James D. Taiclet Jr.

Employess

122000

Sector

Industrials

Industry

Aerospace & Defense

Website

https://www.lockheedmartin.com

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. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. 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 missile 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-based 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. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Next Earnings Date

Oct. 15, 2024

Ex Dividends date

Sep. 27, 2024

Dividend Date

Sept. 3, 2024

YTD Performance

18.73%

Fiscal Year End

12-31

IPO Date

1977-01-03

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 4.07% 4.68% 1.10% 2.41%
EPS 11.52% 9.28% 4.26% 27.18%
Equity 3.35% 37.43% 4.35% -26.24%
Cash -5.79% 13.31% -23.01% -43.38%
Return On Capital (ROIC) 31.50% 35.77% 30.83% 29.92%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 168 118 6 500 1,250
Long Term Debt 17,300 15,400 11,700 11,700 11,400
LT Finance Leases 862 916 1,100 841 855
Shares Outstanding 250 264 276 280 282
Market Cap 113,000 128,000 98,200 99,400 110,000
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
7 Stocks That Will Win Big If Trump Wins ‘Bigly'
1 month

In just a few months Americans will elect the next president of the United States. As it stands today, Vice President Kamala Harris is polling slightly ahead of Former President Donald Trump with a slim 1% lead.

investorplace.com
RBC upgrades Lockheed Martin to ‘Outperform' with $600 price target: Is it time to buy?
1 month

Lockheed Martin Corp (NYSE: LMT), the aerospace and defense major, recently received a substantial upgrade from RBC Capital, elevating the stock to “Outperform” from “Sector Perform” with a revised price target of $600, up from $500.

invezz.com
Lockheed Martin Is Poised For Healthy Sales Growth, Says Analyst: 'Outlook Is Improving'
1 month

Shares of Lockheed Martin Corp LMT tanked in early trading on Monday, after rallying nearly 4% in overnight trading.

benzinga.com
This Robinhood Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday
1 month

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

benzinga.com
Lockheed Stock Is Up. Defense Is the Best Defense in an AI Stock Crunch.
1 month

RBC analyst Ken Herbert upgraded shares of Lockheed Martin to Buy from Hold, and raised the price target to $600 from $500.

barrons.com
These defense stocks rally as the markets crash
1 month

Although the majority of assets in the stock market are crashing, certain defense stocks are doing the exact opposite – rallying amid the rising geopolitical tensions that have seen new war fronts arise or threaten to appear in multiple regions as the now already ‘old' wars continue raging.

finbold.com
7 Subdued Blue-Chip Stocks That Will Reward Patient Investors
2 months

An undeniable fact about equities is that it always remains in a long-term uptrend. In the last ten years, the S&P 500 Index has delivered total returns at a CAGR of 12.75%.

investorplace.com
Defense Stocks Soar to New Highs; Higher Highs Are Coming
2 months

Defense stocks soared in July, with many gaining double-digit figures ranging from 10% to 18%. Good results drive the moves, and the demand trends suggest that business will stay good.

marketbeat.com
Best Stocks To Buy Today? 2 Defense Stocks To Know
2 months

Defense stocks to check out in the stock market right now.

stockmarket.com
5 High ROE Stocks to Bet on as Markets Seek Rate Cut Clarity
2 months

Best Buy (BBY), AES, Lockheed Martin (LMT), PulteGroup (PHM) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as the markets await the Federal Reserve's update on the monetary policy.

zacks.com
Top 3 Industrials Stocks That May Crash This Month
2 months

As of July 31, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

benzinga.com
Lockheed Martin Stock: Buy, Sell, or Hold?
2 months

After significant technological refresh delays, the F-35 program looks to be getting back on track. Margin pressures are ongoing at Lockheed Martin.

fool.com